Independent Bank Corp. Annual Income Statement (NASDAQ:INDB)

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$63.8 $0.15 (0.24%) INDB stock closing price Feb 17, 2017 (Closing)

INDB stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Independent Bank Corp. stock price. The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. The income statement for INDB which implies a YoY revenue growth of $17.63M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. 2016 revenue is $329.06M and has increased from $311.43M year on year as is evident when you compare the latest figures in the latest Independent Bank Corp. profit and loss statement with those of the prior corresponding period. (See also:Independent Bank Corp. assets and Independent Bank Corp. free cash flow) Independent Bank Corp. revenue for 2016 is $329.06M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Independent Bank Corp. Net Sales or Revenues
329.06M311.43M286.4M273.92M258.2M248.45M249.63M240.88M204.47M191.78M
Cost Of Goods Sold (COGS)11.14M11.57M11.03M10.62M10.7M13.35M20.25M31.16M38.89M43.63M
Independent Bank Corp. Gross Profit
317.92M299.85M275.36M263.29M247.5M235.09M229.37M209.71M165.57M148.15M
Research & Development Expense----------
Selling General & Admin Expense192.74M188.13M180.9M175.16M168.54M157.19M156.32M144.18M112.1M91.06M
Income Before Depreciation Depletion Amortization125.18M111.72M94.46M88.13M78.95M77.9M73.05M65.53M53.46M57.08M
Depreciation Depletion Amortization----2.22M-2.08M2.53M1.8M-
Non Operating Income5.45M10.5M1.33M8.68M6.74M--12.42M1.12M-
Interest Expense7.65M9.04M9.37M12.71M12.69M15.31M18.5M20.83M20.03M19.91M
Independent Bank Corp. Pretax Income
112.07M92.17M83.74M66.73M57.3M62.58M52.46M29.73M30.51M37.17M
Provision for Income Taxes35.42M27.21M23.89M16.48M14.67M17.14M12.22M6.74M6.55M8.79M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations76.64M64.96M59.84M50.25M42.62M45.43M40.24M22.98M23.96M28.38M
Extraordinary Items & Discontinued Operations----------
Independent Bank Corp. Net Income (Profit/Loss)
76.64M64.96M59.84M50.25M42.62M45.43M40.24M22.98M23.96M28.38M
Average Shares used to compute Diluted EPS26.46M25.96M23.99M23.09M21.81M21.45M21.2M19.67M15.76M14.16M
Average Shares used to compute Basic EPS26.4M25.89M23.9M23.01M21.78M21.42M21.18M19.64M15.7M14.03M
Income Before Nonrecurring Items80.36M71.73M59.9M55.18M47.1M45.86M40.24M33.61M24.2M28.65M
Income from Nonrecurring Items-3.71M-6.77M-0.06M-4.93M-4.47M-0.43M--10.62M-0.24M-0.26M
Independent Bank Corp. Earnings Per Share Basic Net
2.902.512.502.181.962.121.900.881.532.02
Independent Bank Corp. Earnings Per Share Diluted Net
2.902.502.492.181.952.121.900.881.522.00
EPS Diluted Before Nonrecurring Items3.042.762.502.392.162.141.901.421.542.02
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.161.040.960.880.840.760.720.720.720.68
All figures in USD. M: Millions of USD, B: Billions of USD.
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Independent Bank Corp. stock analysis involves checking at least a few of the important things like:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Independent Bank Corp. revenue chart) implies that the company is growing, which has been the case with Independent Bank Corp.. One must stay away from stocks whose revenues are declining.
  • Bottom line: Most businesses like Independent Bank Corp. try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The financials along with Independent Bank Corp. historical stock prices provides a lot of details about the firm. .

Independent Bank Corp. Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
22.0000
PS ratio (
price sales ratio
)
5.1785
Operating margin
37
Net profit margin
20.2
Dividend yield
1.82%