Independent Bank Corp. Reports Third Quarter Operating Net Income of $18.6 Million
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Compass Point Raises Price Target on Independent Bank (INDB) Following 3Q15 Earnings Report
October 16, 2015 6:43 AM EDTCompass Point reiterated a Neutral rating on Independent Bank (NASDAQ: INDB), and raised the price target to $45.00 (from $44.00), following the company's 3Q15 earnings results. INDB reported $0.71 per share for 3Q15, and recorded $0.71 on an operating basis as well, $0.02 ahead of the consensus.
Analyst Laurie Hunsicker commented, "We... More
Independent Bank (INDB) Tops Q3 EPS by 2c
October 15, 2015 4:27 PM EDTIndependent Bank (NASDAQ: INDB) reported Q3 EPS of $0.71, $0.02 better than the analyst estimate of $0.69.
Net interest income increased to $55.0 million for the third quarter as compared to $53.7 million in the linked quarter, driven primarily by higher average earning asset levels.
For earnings... More
