INDB FY 2020 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

FY 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$507M-8.8% YoY

Gross Profit

$421M82.9% margin

Operating Income

$153M30.1% margin

Net Income

$121M23.9% margin

EPS (Diluted)

$3.64

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$52M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$13.2B

Total Liabilities

$11.5B

Stockholders' Equity

$1.7B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$507M	$557M	-8.8%
Gross Profit	$421M	$497M	-15.3%
Operating Income	$153M	$218M	-29.9%
Net Income	$121M	$165M	-26.6%