INDB FY 2010 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2010 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$250M+4.2% YoY

Gross Profit

$192M77.0% margin

Operating Income

$52M21.0% margin

Net Income

$40M16.1% margin

EPS (Diluted)

$1.90

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$40M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$4.3B

Stockholders' Equity

$436M

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$240M	+4.2%
Gross Profit	$192M	$170M	+12.9%
Operating Income	$52M	$30M	+76.4%
Net Income	$40M	$23M	+75.0%