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

Independent Bank logo
$37.07 -0.22 (-0.59%)
(As of 11/20/2024 ET)

Independent Bank Latest Earnings Summary

Upcoming Q4
Earnings Date
Jan. 23Estimated
Actual EPS
(Oct. 24)
$0.65 Missed By -$0.11
Consensus EPS
(Oct. 24)
$0.76

Independent Bank announced Q3 2024 earnings on October 24, 2024, reporting an EPS of $0.65, which missed analysts' consensus estimates of $0.76 by $0.11. Quarterly revenue was reported to be $77.84 million, above analysts' expectations of $55.05 million. With a trailing EPS of $2.94 and a P/E Ratio of 12.61, Independent Bank's earnings are expected to grow 0.33% next year, from $3.02 to $3.03 per share.

IBCP Upcoming Earnings

Independent Bank's next earnings date is estimated for Thursday, January 23, 2025, based off prior year's reporting schedules.

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IBCP 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.

IBCP 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$0.68$0.68$0.68
Q2 20241$0.72$0.72$0.72
Q3 20241$0.78$0.78$0.78
Q4 20241$0.78$0.78$0.78
FY 20244$2.96$2.96$2.96

Independent Bank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
1/23/2025
(Estimated)
------- 
10/24/2024Q3 2024$0.76$0.65 -$0.11$0.65$55.05M$77.84M    
7/25/2024Q2 2024$0.71$0.88+$0.17$0.88$53.50M$81.51M      
4/25/2024Q1 2024$0.65$0.76+$0.11$0.76$51.50M$52.76M  
1/25/2024Q4 2023$0.71$0.79+$0.08$0.93$51.50M$49.21M    
10/24/2023Q3 2023$0.63$0.83+$0.20$0.83$51.40M$55.04M    
7/25/2023Q2 2023$0.60$0.70+$0.10$0.70$50.60M$53.77M    
4/27/2023Q1 2023$0.60$0.61+$0.01$0.61$50.80M$48.99M    
1/26/2023Q4 2022$0.72$0.71 -$0.01$0.71$53.40M$52.07M    

Independent Bank Earnings - Frequently Asked Questions

Independent Bank has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, January 23rd, 2025 based off last year's report dates. Learn more on IBCP's earnings history.

In the previous quarter, Independent Bank (NASDAQ:IBCP) missed the analysts' consensus estimate of $0.76 by $0.11 with a reported earnings per share (EPS) of $0.65. Learn more on analysts' earnings estimate vs. IBCP's actual earnings.

The conference call for Independent Bank's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Independent Bank's latest earnings report can be read online.
Read Transcript

Independent Bank (NASDAQ:IBCP) has a recorded annual revenue of $290.35 million.

Independent Bank (NASDAQ:IBCP) has a recorded net income of $59.07 million. IBCP has generated $2.94 earnings per share over the last four quarters.

Independent Bank (NASDAQ:IBCP) has a trailing price-to-earnings ratio of 12.61 and a forward price-to-earnings ratio of 12.27.

Independent Bank's earnings are expected to grow from $3.02 per share to $3.03 per share in the next year, which is a 0.33% increase.

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This page (NASDAQ:IBCP) was last updated on 11/21/2024 by MarketBeat.com Staff
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