INDB Q2 2018 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q2 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$101M+14.0% YoY

Gross Profit

$93M92.1% margin

Operating Income

$40M39.9% margin

Net Income

$31M30.8% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$7.4B

Stockholders' Equity

$977M

Cash & Equivalents

$323M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$89M	+14.0%
Gross Profit	$93M	$83M	+11.8%
Operating Income	$40M	$31M	+29.0%
Net Income	$31M	$21M	+51.3%