Independent Bank (INDB) Tops Q2 EPS by 3c

Independent Bank (NASDAQ: INDB) reported Q2 EPS of $0.68, $0.03 better than the analyst estimate of $0.65.

Net interest income increased to $53.7 million for the second quarter as compared to $51.2 million in the linked quarter, driven primarily by higher earning asset levels and a full quarter of income from the loans acquired in the Peoples acquisition.

For earnings history and earnings-related data on Independent Bank (INDB) click here.

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