INDB FY 2009 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2009 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$240M+16.8% YoY

Gross Profit

$170M71.1% margin

Operating Income

$30M12.4% margin

Net Income

$23M9.6% margin

EPS (Diluted)

$0.88

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$25M

Stock-Based Comp.

$774,000

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$4.1B

Stockholders' Equity

$413M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$240M	$205M	+16.8%
Gross Profit	$170M	$135M	+25.8%
Operating Income	$30M	$31M	-2.6%
Net Income	$23M	$24M	-4.1%