INDB Q2 2017 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q2 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$89M+8.8% YoY

Gross Profit

$83M93.9% margin

Operating Income

$31M35.3% margin

Net Income

$21M23.2% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$3M

Stock-Based Comp.

$917,000

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$7.1B

Stockholders' Equity

$915M

Cash & Equivalents

$236M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$89M	$82M	+8.8%
Gross Profit	$83M	$76M	+9.1%
Operating Income	$31M	$30M	+4.7%
Net Income	$21M	$20M	+0.9%