Independent Bank Q2 EPS $0.90 Beats $0.84 Estimate, Sales $63.236M Beat $53.906M Estimate

Independent Bank (NASDAQ:IBCP) reported quarterly earnings of $0.90 per share which beat the analyst consensus estimate of $0.84 by 7.14 percent. This is a 11.11 percent increase over earnings of $0.81 per share from the same period last year. The company reported quarterly sales of $63.236 million which beat the analyst consensus estimate of $53.906 million by 17.31 percent. This is a 41.74 percent increase over sales of $44.615 million the same period last year.