Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics

For the quarter ended September 2025, Independent Bank Corp. (INDB) reported revenue of $243.74 million, up 39.1% over the same period last year. EPS came in at $1.55, compared to $1.01 in the year-ago quarter.The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $242.33 million. With the consensus EPS estimate being $1.54, the EPS surprise was +0.65%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Independent Bank Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Efficiency Ratio: 66% compared to the 69.9% average estimate based on three analysts.Net interest margin (FTE): 3.6% versus the three-analyst average estimate of 3.6%.Average Balance - Total interest-earning assets: $22.43 billion compared to the $22.51 billion average estimate based on two analysts.Total Non-Interest Income: $40.4 million versus the three-analyst average estimate of $38.68 million.Increase in cash surrender value of life insurance policies: $2.63 million compared to the $2.08 million average estimate based on two analysts.Net Interest Income: $203.34 million versus the two-analyst average estimate of $204.35 million.Loan level derivative income: $1.22 million versus the two-analyst average estimate of $0.39 million.Interchange and ATM fees: $5.99 million compared to the $5.05 million average estimate based on two analysts.Deposit account fees: $8.85 million versus the two-analyst average estimate of $7.36 million.Other noninterest income: $6.61 million versus the two-analyst average estimate of $11.64 million.Mortgage banking income: $1.44 million compared to the $0.98 million average estimate based on two analysts.Investment management and advisory: $13.65 million versus $11.46 million estimated by two analysts on average.View all Key Company Metrics for Independent Bank Corp. here>>>Shares of Independent Bank Corp. have returned -3.6% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Free Report: Profiting from the 2nd Wave of AI ExplosionThe next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.Investors who bought shares like Nvidia at the right time have had a shot at huge gains.But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.Access AI Boom 2.0 now, absolutely free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Independent Bank Corp. (INDB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks