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S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
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S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
The "Smart Money" Is Ready for May 1st Are You? (Ad)
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When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
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Independent Bank (INDB) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
Apr. 18
After Market Closes
Confirmed
Actual EPS
(Jan. 18)
$1.26 Beat By $0.01
Consensus EPS
(Jan. 18)
$1.25
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

INDB Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

INDB Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Independent Bank Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$1.14$1.14$1.14
Q2 20241$1.13$1.13$1.13
Q3 20241$1.09$1.09$1.09
Q4 20241$1.11$1.11$1.11
FY 20244$4.47$4.47$4.47
Q1 20251$1.11$1.11$1.11
Q2 20251$1.13$1.13$1.13
Q3 20251$1.15$1.15$1.15

INDB Earnings Date and Information

Independent Bank last released its quarterly earnings results on January 18th, 2024. The bank reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.01. The company earned $177.16 million during the quarter, compared to the consensus estimate of $176.75 million. Independent Bank has generated $5.42 earnings per share over the last year ($5.42 diluted earnings per share) and currently has a price-to-earnings ratio of 9.0. Earnings for Independent Bank are expected to grow by 5.68% in the coming year, from $4.58 to $4.84 per share. Independent Bank has confirmed that its next quarterly earnings report will be published on Thursday, April 18th, 2024. Independent Bank will be holding an earnings conference call on Friday, April 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 877-344-7529 with passcode "5035315".

Independent Bank Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/18/2024
Confirmed)		-------  
1/18/2024Q4 2023$1.25$1.26+$0.01$1.26$176.75 million$177.16 million
10/19/2023Q3 2023$1.33$1.38+$0.05$1.38$179.19 million$183.42 million
7/20/2023Q2 2023$1.34$1.42+$0.08$1.42$184.40 million$183.30 million
4/20/2023Q1 2023$1.51$1.36($0.15)$1.36$192.90 million$187.24 million
1/19/2023Q4 2022$1.66$1.69+$0.03$1.69$196.81 million$200.66 million
10/20/2022Q3 2022$1.40$1.57+$0.17$1.57$178.60 million$190.80 million
7/21/2022Q2 2022$1.26$1.32+$0.06$1.32$168.60 million$172.76 million    
4/21/2022Q1 2022$1.23$1.23-$1.34$164.30 million$163.70 million    
1/20/2022Q4 2021$1.03$1.63+$0.60$3.22$149.31 million$151.71 million    
10/20/2021Q3 2021$1.02$1.21+$0.19$1.29$117.97 million$116.55 million    
7/21/2021Q2 2021$1.08$1.17+$0.09$1.20$118.43 million$118.32 million    
4/21/2021Q1 2021$1.09$1.26+$0.17$1.26$115.38 million$120.83 million  

Independent Bank Earnings - Frequently Asked Questions

When is Independent Bank's earnings date?

Independent Bank has confirmed that its next quarterly earnings data will be published on Thursday, April 18th, 2024. Learn more on INDB's earnings history.

Did Independent Bank beat their earnings estimates last quarter?

In the previous quarter, Independent Bank (NASDAQ:INDB) reported $1.26 earnings per share (EPS) to beat the analysts' consensus estimate of $1.25 by $0.01. Learn more on analysts' earnings estimate vs. INDB's actual earnings.

How much revenue does Independent Bank generate each year?

Independent Bank (NASDAQ:INDB) has a recorded annual revenue of $920.34 million.

How much profit does Independent Bank generate each year?

Independent Bank (NASDAQ:INDB) has a recorded net income of $239.50 million. INDB has generated $5.42 earnings per share over the last four quarters.

What is Independent Bank's price-to-earnings ratio?

Independent Bank (NASDAQ:INDB) has a trailing price-to-earnings ratio of 8.99 and a forward price-to-earnings ratio of 10.63.

What is Independent Bank's EPS forecast for next year?

Independent Bank's earnings are expected to grow from $4.58 per share to $4.84 per share in the next year, which is a 5.68% increase.


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This page (NASDAQ:INDB) was last updated on 4/16/2024 by MarketBeat.com Staff

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