Independent Bank reports Q3 EPS $1.01, consensus $1.05

“Our employees continue to provide outstanding service to our clients, resulting in continued improvement over many core elements of the bank, as evidenced by strong tangible book value growth, margin expansion, and core deposit growth for the third quarter,” said Jeffrey Tengel, the Chief Executive Officer of Independent Bank (INDB) Corp. and Rockland Trust Company. “In addition, we believe that we are well positioned to improve profitability with expectations of future Federal Reserve interest rate cuts.”