Independent Bank (INDB) Earnings Date, Estimates & Call Transcripts

$52.22
+1.43 (+2.82%)
(As of 04/23/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 18Estimated
Actual EPS
(Jan. 18)
$1.26 Beat By $0.01
Consensus EPS
(Jan. 18)
$1.25
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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 posted its earnings data on January 18th, 2024. The bank reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.01. The business had revenue of $177.16 million for the quarter, compared to analyst estimates of $176.75 million. Independent Bank has generated $5.18 earnings per share over the last year ($5.18 diluted earnings per share) and currently has a price-to-earnings ratio of 10.1. Earnings for Independent Bank are expected to grow by 5.96% in the coming year, from $4.53 to $4.80 per share. Independent Bank has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 18th, 2024 based off prior year's report dates.

Independent Bank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/18/2024
Estimated)
------- 
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    

Independent Bank Earnings - Frequently Asked Questions

When is Independent Bank's earnings date?

Independent Bank has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 18th, 2024 based off last year's report dates. 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 $722.13 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 $5.18 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 10.08 and a forward price-to-earnings ratio of 11.53.

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

Independent Bank's earnings are expected to grow from $4.53 per share to $4.80 per share in the next year, which is a 5.96% increase.


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This page (NASDAQ:INDB) was last updated on 4/23/2024 by MarketBeat.com Staff

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