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Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics
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For the quarter ended September 2025, Independent Bank Corp. (INDB - Free Report) reported revenue of $243.74 million, up 39.1% over the same period last year. EPS came in at $1.55, compared to $1.01 in the year-ago quarter.
The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $242.33 million. With the consensus EPS estimate being $1.54, the EPS surprise was +0.65%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Independent Bank Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 66% compared to the 69.9% average estimate based on three analysts.
Net interest margin (FTE): 3.6% versus the three-analyst average estimate of 3.6%.
Average Balance - Total interest-earning assets: $22.43 billion compared to the $22.51 billion average estimate based on two analysts.
Total Non-Interest Income: $40.4 million versus the three-analyst average estimate of $38.68 million.
Increase in cash surrender value of life insurance policies: $2.63 million compared to the $2.08 million average estimate based on two analysts.
Net Interest Income: $203.34 million versus the two-analyst average estimate of $204.35 million.
Loan level derivative income: $1.22 million versus the two-analyst average estimate of $0.39 million.
Interchange and ATM fees: $5.99 million compared to the $5.05 million average estimate based on two analysts.
Deposit account fees: $8.85 million versus the two-analyst average estimate of $7.36 million.
Other noninterest income: $6.61 million versus the two-analyst average estimate of $11.64 million.
Mortgage banking income: $1.44 million compared to the $0.98 million average estimate based on two analysts.
Investment management and advisory: $13.65 million versus $11.46 million estimated by two analysts on average.
Shares of Independent Bank Corp. have returned -3.6% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2025, Independent Bank Corp. (INDB - Free Report) reported revenue of $243.74 million, up 39.1% over the same period last year. EPS came in at $1.55, compared to $1.01 in the year-ago quarter.
The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $242.33 million. With the consensus EPS estimate being $1.54, the EPS surprise was +0.65%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Independent Bank Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Independent Bank Corp. here>>>
Shares of Independent Bank Corp. have returned -3.6% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.