Independent Bank Corp Q4 2024 exceeds forecasts

Independent Bank Corporation Reports Strong 2024 Results
Independent Bank Corporation ( ($IBCP) ) has released its Q4 earnings. Here is a breakdown of the information Independent Bank Corporation
Independent Bank Corporation (NASDAQ:IBCP) Q4 2024 Earnings Call Transcript
Operator: Hello everyone, and welcome to the Independent Bank Corporation Reports 2024 Fourth Quarter Results. My name is Ezra and I will be your coordinator today.
Earnings call transcript: Independent Bank Corp Q4 2024 exceeds forecasts
Corporation (NASDAQ: IBCP) reported robust financial results for the fourth quarter of 2024, surpassing analysts' expectations. The company posted an earnings per share (EPS) of $1.19, significantly higher than the forecasted $0.
Independent Bank Corporation Reports 2024 Fourth Quarter Results
Highlights for the fourth quarter of 2024 include: An increase in net interest income of $1.0 million (2.4%) over the third quarter of 2024; A net interest margin of 3.45% (eight basis point increase from the linked quarter) A return on average assets and a return on average equity of 1.39% and 16.31%, respectively;
Independent Bank: Q4 Earnings Snapshot
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.
Independent Bank (IBCP) Tops Q4 Earnings and Revenue Estimates
Independent Bank (IBCP) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.
Independent Bank price target raised to $41 from $39 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on Independent Bank (IBCP) to $41 from $39 and keeps a Market Perform rating on the shares.Invest ...
StockNews.com Initiates Coverage on Independent Bank Group (NASDAQ:IBTX)
Equities researchers at StockNews.com began coverage on shares of Independent Bank Group (NASDAQ:IBTX – Get Free Report) in a ...
Demystifying Independent Bank: Insights From 4 Analyst Reviews
The 12-month price targets, analyzed by analysts, offer insights with an average target of $79.25, a high estimate of $82.00, ...
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Independent Bank Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
The company's shares are up 1.1% from a week ago. It is worth noting though that we have found 1 warning sign for Independent Bank that you need to take into consideration.
KBW Keeps Their Hold Rating on Independent Bank (IBCP)
KBW analyst Damon Delmonte maintained a Hold rating on Independent Bank (IBCP – Research Report) yesterday and set a price target of $39.00.
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Independent Bank Corporation Reports Fourth Quarter 2024 Financial Results with Increased Net Income and Loan Growth
The tangible common equity ratio removes the effect of goodwill and other intangible assets from capital and total assets. Tangible common equity per share of common stock removes the effect of ...
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Independent Bank (MA)
Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Named in 2018 to The ...