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Independent Bank Corp

$63

Earnings Summary

Revenue
$237.74Mn
Net Profits
$47.77Mn
Net Profit Margins
20.09%
PE Ratio
12.53

Highlights

Revenue:

Independent Bank Corp’s revenue jumped 26.97% since last year same period to $237.74Mn in the Q1 2024. On a quarterly growth basis, Independent Bank Corp has generated 14.76% jump in its revenue since last 3-months.

Net Profits:

Independent Bank Corp’s net profit fell -22% since last year same period to $47.77Mn in the Q1 2024. On a quarterly growth basis, Independent Bank Corp has generated -12.83% fall in its net profits since last 3-months.

Net Profit Margins:

Independent Bank Corp’s net profit margin fell -38.57% since last year same period to 20.09% in the Q1 2024. On a quarterly growth basis, Independent Bank Corp has generated -24.04% fall in its net profit margins since last 3-months.

PE Ratio:

Independent Bank Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 12.53.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Independent Bank Corp post its latest quarter earnings

EPS Estimate Current Quarter
1.2
EPS Estimate Current Year
1.2

Highlights

EPS Estimate Current Quarter:

Independent Bank Corp’s earning per share (EPS) estimates for the current quarter stand at 1.2 - a 7.14% jump from last quarter’s estimates.

EPS Estimate Current Year:

Independent Bank Corp’s earning per share (EPS) estimates for the current year stand at 1.2.

Key Ratios

Key ratios of the Independent Bank Corp post its Q2 2024 earnings

Earning Per Share (EPS)
1.21

Highlights

Earning Per Share (EPS):

Independent Bank Corp’s earning per share (EPS) fell -14.79% since last year same period to 1.21 in the Q2 2024. This indicates that the Independent Bank Corp has generated -14.79% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
1.15
1.12
-2.61%
2024-07-18
1.12
1.21
8.04%