Independent Bank (INDB) Reports Q1 EPS of $0.78
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Price: $83.01 -1.06%
EPS Growth %: +168.1%
Financial Fact:
PROVISION FOR LOAN LOSSES: 950K
Today's EPS Names:
VIVO, BIOX, PMCB, More
EPS Growth %: +168.1%
Financial Fact:
PROVISION FOR LOAN LOSSES: 950K
Today's EPS Names:
VIVO, BIOX, PMCB, More
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Independent Bank (NASDAQ: INDB) reported Q1 EPS of $0.78, may not compare to the analyst estimate of $1.19.
- First quarter results were negatively impacted by an elevated provision for credit losses of $25.0 million, which was calculated under the Current Expected Credit Loss ("CECL") accounting standard which became effective January 1, 2020.
For earnings history and earnings-related data on Independent Bank (INDB) click here.
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