Independent Bank (INDB) Tops Q3 EPS by 2c
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Independent Bank Corp. Reports Third Quarter Net Income of $20.5 Million
October 20, 2016 4:15 PM EDTStrong Loan and Core Deposit Generation Drive Solid Results
ROCKLAND, Mass.--(BUSINESS WIRE)-- Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced 2016 third quarter net income of $20.5 million, or $0.78 per diluted share, slightly above the $20.4 million, or $0.77 per diluted share, reported in the prior quarter. The third and second quarter net income contained merger and acquisition expenses, which the Company considers non-core. On an operating basis, net income for the third quarter was $20.6 million, or $0.78 on a diluted earnings per share basis, versus $20.5 million, or $0.78 per... More
