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Independent Bank Corp.: Q2 Earnings Snapshot
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HANOVER, Mass. (AP) — HANOVER, Mass. (AP) — Independent Bank Corp. (INDB) on Thursday reported second-quarter net income of $81.8 million.

The Hanover, Massachusetts-based bank said it had earnings of $1.70 per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The holding company for Rockland Trust posted revenue of $331.7 million in the period. Its revenue net of interest expense was $253.3 million, which also did not meet Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INDB at https://www.zacks.com/ap/INDB

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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