Independent Bank Corp. (NASDAQ:INDB) Quarterly Basic Net EPS At 2016-03-31

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For the year ended 2016-03-31 Independent Bank Corp. (NASDAQ:INDB) basic consolidated EPS came $2.5089. Conversely, for the quarter ended 2016-03-31, it was $2.5089.

EPS can be simply called as a fraction of profits that is disbursed against each outstanding share. It is measured using the formula – net profit/outstanding shares. The element ‘Per-share earnings’ is majorly utilized by market experts to give earnings and price projections. Suppose a group “S” announces a net profit of $15,000 in a given year. The count of outstanding shares is 300. So, its EPS will be $50. EPS is issued every quarter, indicating the stakeholders can evaluate the financial performance periodically.

EPS alone cannot indicate on the financial well-being of a firm. For a clear picture, it is vital to look into the price to earnings ratio of company.

EPS from continuing operations

Independent Bank Corp. (NASDAQ:INDB) EPS from continuing operations was $2.5089 for the fiscal ended 2016-03-31. For the quarter ended 2016-03-31, this figure was $2.5089.

EPS contribution from parent

Independent Bank Corp. (NASDAQ:INDB) confirmed basic EPS of $2.5089 for the year ended 2016-03-31 from its parent group. Conversely, for the quarter closed 2016-03-31 it was $2.5089.

Basic net EPS

Independent Bank Corp. (NASDAQ:INDB) basic net EPS was $0.71 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it came at $0.71.

Consolidated diluted EPS

Independent Bank Corp. (NASDAQ:INDB) consolidated diluted EPS was 2.5023 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it stood at $2.5023.

Basic diluted EPS

Independent Bank Corp. (NASDAQ:INDB) basic diluted EPS was $0.7071 for the quarter ended 2016-03-31. For the year ended 2016-03-31, basic diluted EPS was $0.7071.

Net diluted EPS

Independent Bank Corp. (NASDAQ:INDB) posted net diluted EPS of $2.5 for the fiscal closed 2016-03-31. For the quarter ended 2016-03-31, net diluted EPS was $2.5.

Diluted EPS from parent

Independent Bank Corp. (NASDAQ:INDB) diluted EPS from parent group was $2.5023 for the year ended 2016-03-31. For the quarter ended 2016-03-31 it stood at $2.5023.

Independent Bank Corp. (NASDAQ:INDB) net basic EPS was $2.51 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it was $2.51.

For the year ended 2016-03-31, basic shares outstanding were 25.891 while for the quarter ended 2016-03-31 is 25.891.

For the fiscal ended 2016-03-31, the diluted outstanding shares were 25.96 and for the quarter ended 2016-03-31 it was 25.96.

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