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

Independent Bank logo
$62.90
-1.33 (-2.07%)
(As of 10/31/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jan. 16Estimated
Actual EPS
(Oct. 17)
$1.01 Beat By $0.02
Consensus EPS
(Oct. 17)
$0.99
Skip Charts & View Estimated and Actual Earnings Data

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$1.07$1.07$1.07
Q3 20241$1.17$1.17$1.17
Q4 20241$1.16$1.16$1.16
FY 20244$4.54$4.54$4.54
Q1 20251$1.22$1.22$1.22
Q2 20251$1.29$1.29$1.29
Q3 20251$1.34$1.34$1.34
Q4 20251$1.41$1.41$1.41
FY 20254$5.26$5.26$5.26

INDB Earnings Date and Information

Independent Bank last issued its earnings data on October 17th, 2024. The bank reported $1.01 EPS for the quarter, topping the consensus estimate of $0.99 by $0.02. The company had revenue of $250.07 million for the quarter, compared to analyst estimates of $173.24 million. Independent Bank has generated $4.60 earnings per share over the last year ($4.60 diluted earnings per share) and currently has a price-to-earnings ratio of 13.7. Earnings for Independent Bank are expected to grow by 17.87% in the coming year, from $4.42 to $5.21 per share. Independent Bank has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, January 16th, 2025 based off prior year's report dates.

Independent Bank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
1/16/2025
(Estimated)
------- 
10/17/2024Q3 2024$0.99$1.01+$0.02$1.01$173.24 million$250.07 million        
7/18/2024Q2 2024$1.11$1.21+$0.10$1.21$169.07 million$244.19 million        
4/18/2024Q1 2024$1.15$1.12($0.03)$1.12$171.80 million$167.38 million    
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  
1/20/2021Q4 2020$1.03$1.17+$0.14$1.05$120.70 million$118.91 million  
10/22/2020Q3 2020$0.89$1.07+$0.18$1.08$124.00 million$120.23 million  
7/23/2020Q2 2020$0.62$0.76+$0.14$0.76$124.80 million$119.29 million  
4/23/2020Q1 2020$1.19$0.78($0.41)$0.78$123.70 million$120.74 million  
1/16/2020Q4 2019$1.40$1.38($0.02)$1.38$131.07 million$133.29 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, January 16th, 2025 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 $1.01 earnings per share (EPS) to beat the analysts' consensus estimate of $0.99 by $0.02. Learn more on analysts' earnings estimate vs. INDB's actual earnings.

How can I listen to Independent Bank's earnings conference call?

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

How can I read Independent Bank's conference call transcript?

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

How much revenue does Independent Bank generate each year?

Independent Bank (NASDAQ:INDB) has a recorded annual revenue of $687.76 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 $4.60 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 13.67 and a forward price-to-earnings ratio of 14.23.

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

Independent Bank's earnings are expected to grow from $4.42 per share to $5.21 per share in the next year, which is a 17.87% increase.


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This page (NASDAQ:INDB) was last updated on 10/31/2024 by MarketBeat.com Staff
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