INDB FY 2016 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2016 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$326M+6.0% YoY

Gross Profit

$301M92.4% margin

Operating Income

$112M34.4% margin

Net Income

$77M23.5% margin

EPS (Diluted)

$2.90

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

$83M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$6.8B

Stockholders' Equity

$865M

Cash & Equivalents

$289M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$326M	$308M	+6.0%
Gross Profit	$301M	$286M	+5.4%
Operating Income	$112M	$92M	+21.6%
Net Income	$77M	$65M	+18.0%