Independent Bank Corp. (INDB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Independent Bank Corp. (NASDAQ:INDB ) Q3 2024 Results Conference Call October 18, 2024 10:00 AM ET Company Participants Jeff Tengel - CEO Mark Ruggiero - CFO & Head of Consumer Lending Conference Call Participants Steve Moss - Raymond James Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Christopher O'Connell - KBW Operator Good day, and welcome to the Independent Bank Corp Third Quarter 2024 Earnings Call Conference Call. All participants will be in listen only mode.
The headline numbers for Independent Bank Corp. (INDB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Independent Bank Corp. (INDB) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.38 per share a year ago.
Independent Bank Corp. (INDB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Independent Bank Corp. (INDB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Independent Bank Corp. (INDB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
TKOMY, SOI and INDB made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 25, 2024.
Independent Bank Corp. (NASDAQ:INDB ) Q2 2024 Earnings Conference Call July 19, 2024 10:00 AM ET Company Participants Jeffrey Tengel - CEO Mark Ruggiero - CFO & Head of Consumer Lending Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Steve Moss - Raymond James Christopher O'Connell - KBW Operator Good day, and welcome to the Independent Bancorp Second Quarter 2024 Earnings Call. All participants will be in a listen-only mode.
The headline numbers for Independent Bank Corp. (INDB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Independent Bank Corp. (INDB) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.42 per share a year ago.
Independent Bank has experienced mixed financial results in recent years, but its shares are attractively priced compared to similar firms. The bank offers a wide range of banking, investment, and financial services through its retail branches and lending centers. The company's loan portfolio has consistently increased, but deposits have declined, leading to some volatility in its financial performance.