INDB Q3 2018 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q3 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$106M+15.9% YoY

Gross Profit

$98M92.7% margin

Operating Income

$43M40.5% margin

Net Income

$33M31.1% margin

EPS (Diluted)

$1.20

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$34M

Stock-Based Comp.

$769,000

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$7.4B

Stockholders' Equity

$998M

Cash & Equivalents

$251M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$92M	+15.9%
Gross Profit	$98M	$87M	+13.3%
Operating Income	$43M	$37M	+17.7%
Net Income	$33M	$24M	+38.4%

Revenue Segments

Investment Advisory, Management and Administrative Service

$6M36%

Deposit Account

$5M29%

Credit Card, Merchant Discount

$4M24%

ATM Charge

$825,0005%

Investment Advisory, Retail Investment and Insurance Service

$652,0004%

Merchant Processing

$227,0001%