INDB FY 2008 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2008 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$205M+6.9% YoY

Gross Profit

$135M66.0% margin

Operating Income

$31M14.9% margin

Net Income

$24M11.7% margin

EPS (Diluted)

$1.52

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$14M

Stock-Based Comp.

$526,000

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$3.3B

Stockholders' Equity

$305M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$205M	$192M	+6.9%
Gross Profit	$135M	$125M	+8.1%
Operating Income	$31M	$37M	-17.9%
Net Income	$24M	$28M	-15.6%