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Market Impact: 0.28

Independent Bank Corp. (INDB) Lags Q1 Earnings and Revenue Estimates

INDB
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Independent Bank Corp. (INDB) reported quarterly EPS of $1.68, missing the Zacks Consensus Estimate of $1.70 by $0.02 per share. Earnings were still up sharply from $1.06 per share a year ago, indicating year-over-year improvement despite the slight miss.

Analysis

Independent Bank Corp. (INDB) reported quarterly EPS of $1.68, missing the Zacks Consensus Estimate of $1.70 by $0.02 per share. Earnings were still up sharply from $1.06 per share a year ago, indicating year-over-year improvement despite the slight miss.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.12

Ticker Sentiment

INDB-0.12