INDB Q4 2018 Earnings — Independent Bank Corp. Revenue & Financial Results | Market Cap Arena

INDBIndependent Bank Corp.

$4B

Q4 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$110M+15.1% YoY

Gross Profit

$102M92.0% margin

Operating Income

$38M34.6% margin

Net Income

$30M27.1% margin

EPS (Diluted)

$1.07

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$35M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$7.8B

Stockholders' Equity

$1.1B

Cash & Equivalents

$250M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$110M	$96M	+15.1%
Gross Profit	$102M	$90M	+13.5%
Operating Income	$38M	$37M	+3.3%
Net Income	$30M	$22M	+35.7%

Revenue Segments

Investment Advisory, Management and Administrative Service

$6M35%

Deposit Account

$5M28%

Credit Card, Merchant Discount

$4M25%

Investment Advisory, Retail Investment and Insurance Service

$763,0005%

ATM Charge

$746,0004%

Merchant Processing

$395,0002%