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Independent Bank (INDB)
NASDAQ:INDB
Earnings Data
Report Date
Oct 16, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
1.54Last Year’s EPS
1.01Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call reflects a mix of positive achievements such as successful transaction closures, strong deposit growth, and reduction in nonperforming assets. However, challenges remain with economic uncertainties, increased criticized loans, and competitive pressures. The sentiment leans towards positive due to significant strategic progress and financial improvements.Company Guidance
Successful Enterprise Transaction
The company closed on the Enterprise transaction on July 1, indicating strong collaboration and synergies expected from the acquisition.
Significant Reduction in Nonperforming Assets
Nonperforming assets were reduced by 35% from the first quarter, showing effective management of problem loans.
Strong Deposit Growth
Non-time deposits grew by 3.6% year-over-year and 1.6% from the first quarter, showcasing the company's robust funding base.
Increase in Tangible Book Value
Tangible book value improved by 2.1% from the first quarter and 8% from the year-ago quarter.
Share Buyback Plan
The company announced a $150 million stock buyback plan, indicating confidence in its financial position.
C&I Loan Growth
Commercial & Industrial loans were up 3.4% in the second quarter, reflecting the company's focus on reducing CRE concentration.
INDB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
INDB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 17, 2025 | $65.69 | $69.48 | +5.77% |
Apr 17, 2025 | $55.32 | $54.11 | -2.19% |
Jan 16, 2025 | $62.74 | $65.80 | +4.88% |
Oct 17, 2024 | $63.32 | $59.90 | -5.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Independent Bank (INDB) report earnings?
Independent Bank (INDB) is schdueled to report earning on Oct 16, 2025, After Close (Confirmed).
What is Independent Bank (INDB) earnings time?
Independent Bank (INDB) earnings time is at Oct 16, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INDB EPS forecast?
INDB EPS forecast for the fiscal quarter 2025 (Q3) is 1.54.