04:39 PM EDT, 04/18/2024 (MT Newswires) -- Independent Bank (INDB) reported Q1 earnings late Thursday of $1.12 per diluted share, down from $1.36 a year earlier.

Four analysts surveyed by Capital IQ expected $1.15.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $167.4 million, down from $187.2 million a year earlier.

Two analysts surveyed by Capital IQ expected $170.1 million.