INDB FY 2019 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$557M+35.0% YoY

Gross Profit

$497M89.2% margin

Operating Income

$218M39.2% margin

Net Income

$165M29.7% margin

EPS (Diluted)

$5.03

Cash Flow

Operating Cash Flow

$217M

Free Cash Flow

$200M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$9.7B

Stockholders' Equity

$1.7B

Cash & Equivalents

$151M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$557M	$412M	+35.0%
Gross Profit	$497M	$382M	+30.1%
Operating Income	$218M	$156M	+39.9%
Net Income	$165M	$122M	+35.8%