Benzinga | Oct 21, 2021 05:35PM EDT

Independent Bank: Q3 Earnings Insights

Independent Bank (NASDAQ:INDB) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Independent Bank beat their estimated earnings by 22.55%, which surprised analysts.Independent Bank (NASDAQ:INDB) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.Earnings

Independent Bank beat their estimated earnings by 22.55%, which surprised analysts.

Revenue was up $3,682,000 from the same period last year.Past Earnings Performance

Last quarter the company beat on EPS by $0.09, which was followed by a 0.68% increase in the share price the next day.

Here's a look at Independent Bank's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.08 1.09 1.03 0.81EPS Actual 1.17 1.26 1.17 1.06Revenue Estimate 117.92M 121.02M 122.34M 122.48MRevenue Actual 118.32M 120.83M 118.91M 120.23M

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