Independent Bank Corp Earning Date (INDB)

USA |NASDAQ |USD

INDB Earnings Date

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Report Date Period Ending EPS Forecast Last Quarter's EPS Last Year's EPS
Jan 19, 2022 Dec 2021 $1.06 $1.25 $1.05
Report Date Period Ending Revenue Forecast Last Quarter’s Revenue Last Year’s Revenue
Jan 19, 2022 Dec 2021 $137.71M $116.55M $117.88M

Independent Bank Corp's next earnings date is Wednesday, Jan 19, 2022 for the fiscal quarter ending Dec 2021.

INDB Earnings Date & History Chart

INDB Earnings & Revenue Forecast

INDB Earnings Forecast

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Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2021 4 $1.06 $0.97 $1.16
Mar 2022 4 $1.10 $1.05 $1.14
Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2021 2 $4.73 $4.69 $4.77
Dec 2022 4 $4.65 $4.34 $4.90

INDB Earnings Revision Trend

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Period End Up/Down 1M 1M Trend 2M Trend 3M Trend
Dec 2021 1 / 0 $1.08 $1.08 $1.08
Mar 2022 1 / 0 $1.11 $1.11 $1.11
Period End Up/Down 1M 1M Trend 2M Trend 3M Trend
Dec 2021 4 / 0 $4.57 $4.57 $4.57
Dec 2022 0 / 0 $4.81 $4.81 $4.81

INDB Revenue Forecast

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Period End # of Analysts Revenue Forecast Low Revenue Forecast High Revenue Forecast
Dec 2021 2 $137.71M $135.52M $139.90M
Mar 2022 2 $163.13M $161.86M $164.40M
Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2021 2 $493.81M $491.62M $496.00M
Dec 2022 2 $671.41M $670.50M $672.32M

INDB Earnings Date & Revenue History

INDB Earnings History

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INDB Revenue History

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Independent Bank Corp Next Earnings Date & Report

INDB Next Earnings Date & Report Preview: Dec 2021 (FQ)

INDB's next earnings date is Wednesday, Jan 19, 2022 for the fiscal quarter ending Dec 31, 2021.

According to 4 analysts, the average EPS estimation for Independent Bank Corp's next quarterly earnings is $1.06, with a low EPS estimation of $0.97, and a high estimation of $1.16.

Over the last 1 month, EPS estimates have seen 1 upward revisions and 0 downward. The EPS 1 month trend is $1.08, the last 2 month trend is $1.08, and the 3 month trend is $1.08.

Based on 1 analysts, the average revenue estimation is $137.71M, with a low revenue estimation of $135.52M, and a high estimation of $139.90M.

Independent Bank Corp Previous Earnings Dates & Reports

INDB Previous Earnings Date & Report Recap: Sep 2021 (FQ)

Independent Bank Corp's previous earnings date was Oct 21, 2021 for its fiscal quarter ended Sep 30, 2021.

INDB's earnings per share (EPS) was $1.25, beating the consensus analysts forecast of $1.02 by 22.55%.

The EPS was higher than the previous fiscal quarter (Jun 2021) by 6.84%, and higher than the same period a year before (Sep 2020) by 16.82%.

Revenues were $116.55M, better than the forecast of $116.22M by 0.28%, down by -1.50% from the previous quarter , and down by -2.51% from the same period last year.

The company reported a net income of $40.01M, 6.48% higher than the previous quarter, and higher by 14.72% than the same period a year before.

Free cash flow for the quarter was $46.01M , compared to $45.84M last quarter and $21.09M a year before.

INDB ended the quarter with $157.04M in total debt, a decrease of -8.54% compared to the previous quarter, and a decrease of -46.90% compared to the same quarter a year before.

INDB Previous Earnings Date & Report Recap: Dec 2020 (FY)

Independent Bank Corp's previous annual earnings date was Jan 21, 2021 for its fiscal year ended Dec 31, 2020.

INDB's earnings per share (EPS) was $3.66, beating the consensus analysts forecast of $3.62 by 1.10% , and lower than the previous year's EPS (Dec 2019) by -34.39%.

Revenues were $477.45M, worse than the forecast of $482.85M by -1.12%, and down by -5.03% from previous year's revenue.

The company reported a net income of $121.17M, -26.64% lower than the previous year.

Independent Bank Corp reported a free cash flow of $52.05M for its fiscal year, compared to $199.94M a year ago.

The company ended the fiscal year with $328.87M in total debt, a decrease of -54.92% compared to the previous year.