INDB FY 2017 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$357M+9.4% YoY

Gross Profit

$335M94.0% margin

Operating Income

$135M37.7% margin

Net Income

$87M24.4% margin

EPS (Diluted)

$3.19

Cash Flow

Operating Cash Flow

$131M

Free Cash Flow

$106M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$7.1B

Stockholders' Equity

$944M

Cash & Equivalents

$213M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$357M	$326M	+9.4%
Gross Profit	$335M	$301M	+11.4%
Operating Income	$135M	$112M	+20.0%
Net Income	$87M	$77M	+13.8%