Independent Bank (INDB) released its Q2 2025 financial results after market close.
The company reported revenue of $181.8 million, surpassing estimates of $179.47 million. Adjusted earnings came in at $1.25 per share, beating the expected $1.21.
Compared to the same quarter last year, revenue increased by 6.8%. Earnings also grew by 3.3% from $1.21 per share in Q2 2024.
Adjusted earnings exceeded estimates by $0.04 per share. Revenue outperformed projections by $2.33 million.