Independent Bank (INDB) Tops Q3 EPS by 7c

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Go back to Independent Bank (INDB) Tops Q3 EPS by 7c

Independent Bank Corp. Reports Third Quarter Net Income of $33.0 Million

October 18, 2018 4:10 PM EDT

Strong Earnings Growth Marked by Higher Revenues and Returns

ROCKLAND, Mass.--(BUSINESS WIRE)-- Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2018 third quarter net income of $33.0 million, or $1.20 per diluted share, compared to net income of $31.1 million, or $1.13 per diluted share, reported in the prior quarter of 2018. Excluding merger and acquisition expenses incurred in the third and second quarters of 2018 related to the pending MNB Bancorp ("MNB") merger announced on May 29, 2018 and the Blue Hills Bancorp ("BHB") merger announced on September 20, 2018,... More