INDB FY 2011 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2011 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$246M-1.6% YoY

Gross Profit

$205M83.6% margin

Operating Income

$63M25.5% margin

Net Income

$45M18.5% margin

EPS (Diluted)

$2.12

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$48M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$4.5B

Stockholders' Equity

$469M

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$246M	$250M	-1.6%
Gross Profit	$205M	$192M	+6.9%
Operating Income	$63M	$52M	+19.3%
Net Income	$45M	$40M	+12.9%