Independent Bank (NASDAQ:INDB) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Independent Bank beat their estimated earnings by 22.55%, which surprised analysts.
Independent Bank (NASDAQ:INDB) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Independent Bank beat their estimated earnings by 22.55%, which surprised analysts.
Revenue was up $3,682,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09, which was followed by a 0.68% increase in the share price the next day.
Here's a look at Independent Bank's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.08 | 1.09 | 1.03 | 0.81 |
| EPS Actual | 1.17 | 1.26 | 1.17 | 1.06 |
| Revenue Estimate | 117.92M | 121.02M | 122.34M | 122.48M |
| Revenue Actual | 118.32M | 120.83M | 118.91M | 120.23M |
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