Recap: Independent Bank Q4 Earnings

Independent Bank IBCP reported its Q4 earnings results on Thursday, January 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Independent Bank missed estimated earnings by 10.77%, reporting an EPS of $0.58 versus an estimate of $0.65, which surprised analysts.

Revenue was up $3.29 million from the same period last year.

Last quarter the company beat on EPS by $0.11, which was followed by a 0.09% increase in the share price the next day.

Here's a look at Independent Bank's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.62	0.67	0.58	0.61
EPS Actual	0.73	0.56	1	0.77
Revenue Estimate	31.64M	30.84M	31.41M	31.85M
Revenue Actual	33.80M	31.39M	30.28M	30.99M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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