Benzinga | Jan 21, 2022 05:20AM EST

Independent Bank Q4 EPS $1.63 Beats $1.10 Estimate, Sales $151.71M Beat $141.00M Estimate

Independent Bank (NASDAQ:INDB) reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.10 by 48.18 percent. This is a 39.32 percent increase over earnings of $1.17 per share from the same period last year. The company reported quarterly sales of $151.71 million which beat the analyst consensus estimate of $141.00 million by 7.60 percent. This is a 27.58 percent increase over sales of $118.91 million the same period last year.