Independent Bank Q3 Adj. EPS $1.90 Beats $1.84 Estimate, Sales $261.948M Beat $261.040M Estimate

Independent Bank (NASDAQ: INDB) reported Q3 adjusted earnings per share of $1.90, surpassing the analyst estimate of $1.84 by 3.26%, and marking a 22.58% increase from $1.55 per share in the same quarter last year. The company's quarterly sales reached $261.948 million, exceeding the expected $261.040 million by 0.35%, and reflecting a 7.47% increase from $243.742 million in the prior year.