INDB Q1 2019 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q1 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$113M+20.8% YoY

Gross Profit

$103M91.1% margin

Operating Income

$47M41.3% margin

Net Income

$35M31.2% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$30M

Stock-Based Comp.

$915,000

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$7.9B

Stockholders' Equity

$1.1B

Cash & Equivalents

$292M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$94M	+20.8%
Gross Profit	$103M	$88M	+17.3%
Operating Income	$47M	$34M	+36.0%
Net Income	$35M	$28M	+27.8%

Revenue Segments

Investment Advisory, Management and Administrative Service

$6M38%

Deposit Account

$4M28%

Credit Card, Merchant Discount

$4M24%

Investment Advisory, Retail Investment and Insurance Service

$679,0004%

ATM Charge

$666,0004%

Merchant Processing

$280,0002%