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

Independent Bank (NASDAQ:INDB) reported quarterly earnings of $1.90 per share which beat the analyst consensus estimate of $1.84 by 3.26 percent. This is a 22.58 percent increase over earnings of $1.55 per share from the same period last year. The company reported quarterly sales of $261.948 million which beat the analyst consensus estimate of $261.040 million by 0.35 percent. This is a 7.47 percent increase over sales of $243.742 million the same period last year.