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INDB FY 2022 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena
INDB
Independent Bank Corp.
$4B
FY 2022 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$750M
+45.3% YoY
Gross Profit
$714M
95.2% margin
Operating Income
$348M
46.4% margin
Net Income
$264M
35.2% margin
EPS (Diluted)
$5.69
Cash Flow
Operating Cash Flow
$421M
Free Cash Flow
$399M
Stock-Based Comp.
$4M
Balance Sheet
Total Assets
$19.3B
Total Liabilities
$16.4B
Stockholders' Equity
$2.9B
Cash & Equivalents
$353M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$750M
$516M
+45.3%
Gross Profit
$714M
$484M
+47.4%
Operating Income
$348M
$157M
+122.0%
Net Income
$264M
$121M
+118.0%
← Q4 2021
All Quarters
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