Independent Bank: Q4 Earnings Insights

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Independent Bank 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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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