INDB Q3 2017 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q3 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$92M+12.8% YoY

Gross Profit

$87M94.9% margin

Operating Income

$37M39.9% margin

Net Income

$24M26.1% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$35M

Stock-Based Comp.

$786,000

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$7.1B

Stockholders' Equity

$931M

Cash & Equivalents

$259M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$92M	$81M	+12.8%
Gross Profit	$87M	$76M	+14.9%
Operating Income	$37M	$30M	+20.7%
Net Income	$24M	$20M	+16.4%