Independent Bank (NASDAQ:INDB) reported its Q4 earnings results on Thursday, January 20, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Independent Bank beat estimated earnings by 48.18%, reporting an EPS of $1.63 versus an estimate of $1.1, which surprised analysts.
Revenue was up $32.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23, which was followed by a 1.7% increase in the share price the next day.
Here's a look at Independent Bank's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.02 | 1.08 | 1.09 | 1.03 |
| EPS Actual | 1.25 | 1.17 | 1.26 | 1.17 |
| Revenue Estimate | 116.22M | 117.92M | 121.02M | 122.34M |
| Revenue Actual | 116.55M | 118.32M | 120.83M | 118.91M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
