Independent Bank Stock: Recent Acquisition Is The Main Earnings Catalyst (NASDAQ:INDB)
The recent acquisition of Enterprise Bancorp will likely be the biggest earnings driver for Independent Bank Corp (NASDAQ: INDB ) once the one-time merger-related expenses have been incurred. On the other hand, a planned runoff of the commercial real estate portfolio and upcomingAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ...