INDB Q1 2018 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q1 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$94M+12.4% YoY

Gross Profit

$88M93.8% margin

Operating Income

$34M36.7% margin

Net Income

$28M29.4% margin

EPS (Diluted)

$1.00

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$7.1B

Stockholders' Equity

$956M

Cash & Equivalents

$166M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$83M	+12.4%
Gross Profit	$88M	$79M	+11.9%
Operating Income	$34M	$30M	+15.6%
Net Income	$28M	$21M	+33.0%