INDB Q1 2017 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q1 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$83M+5.6% YoY

Gross Profit

$79M94.2% margin

Operating Income

$30M35.7% margin

Net Income

$21M24.9% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$32M

Stock-Based Comp.

$643,000

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$6.9B

Stockholders' Equity

$877M

Cash & Equivalents

$220M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$79M	+5.6%
Gross Profit	$79M	$73M	+6.8%
Operating Income	$30M	$27M	+10.0%
Net Income	$21M	$19M	+11.4%