Independent Bank (INDB) Tops Q3 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Independent Bank (INDB) Tops Q3 EPS by 2c

Independent Bank Corp. Reports Third Quarter Net Income of $20.5 Million

October 20, 2016 4:15 PM EDT

Strong 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