Investing.com - Independent Bank Corp reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Independent Bank Corp announced earnings per share of $0.81 on revenue of $61.79. Analysts polled by Investing.com EPS of $0.60 on revenue of $51.62M.
Independent Bank Corp 's are down 26% and is trading at $21.99 , still down 15.42% from its 52 week high of $26.00 set on Wednesday, January 26, 2022.
Independent Bank Corp follows other major Financial sector earnings this month
Independent Bank Corp's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.
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