INDB FY 2018 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$412M+15.5% YoY

Gross Profit

$382M92.6% margin

Operating Income

$156M37.8% margin

Net Income

$122M29.5% margin

EPS (Diluted)

$4.40

Cash Flow

Operating Cash Flow

$142M

Free Cash Flow

$131M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$7.8B

Stockholders' Equity

$1.1B

Cash & Equivalents

$250M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$412M	$357M	+15.5%
Gross Profit	$382M	$335M	+13.8%
Operating Income	$156M	$135M	+15.9%
Net Income	$122M	$87M	+39.5%