INDB Q2 adj EPS $1.70 vs. est. $1.78; Q2 net interest margin 3.85% (down -5bps q/q), Net Income $81.838M and net interest Income $210.9M; ge
INDB Q2 adj EPS $1.70 vs. est. $1.78; Q2 net interest margin 3.85% (down -5bps q/q), Net Income $81.838M and net interest Income $210.9M; generated a return on average assets and a return on average common equity of 1.34% and 9.24%, respectively in Q2; Q2 Deposit balances of $20.4B rose $294.6M or 1.5% q/q.
INDB Q2 adj EPS $1.70 vs. est. $1.78; Q2 net interest margin 3.85% (down -5bps q/q), Net Income $81.838M and net interest Income $210.9M; generated a return on average assets and a return on average common equity of 1.34% and 9.24%, respectively in Q2; Q2 Deposit balances of $20.4B rose $294.6M or 1.5% q/q.