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

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$68.7 $0.15 (0.22%) INDB stock closing price Jan 13, 2017 (Closing)

Fundamental analysis of INDB stock involves analyzing its financial statements, apart from checking the Independent Bank Corp. stock price The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from $286.4M to $311.43M and how operating and non operating activities have impacted the INDB stock. One also needs to look at Independent Bank Corp. assets, operating expenses and Independent Bank Corp. free cash flow. The profit and loss statement shows revenue of $311.43M for 2015. Revenue has grown by $25.03M YoY for INDB stock. Independent Bank Corp. revenue for 2015 is $311.43M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Independent Bank Corp. Net Sales or Revenues
Cost Of Goods Sold (COGS)11.57M11.03M10.62M10.7M13.35M20.25M31.16M38.89M43.63M40.79M
Independent Bank Corp. Gross Profit
Research & Development Expense----------
Selling General & Admin Expense188.13M180.9M175.16M168.54M157.19M156.32M144.18M112.1M91.06M81.68M
Income Before Depreciation Depletion Amortization111.72M94.46M88.13M78.95M77.9M73.05M65.53M53.46M57.08M71.85M
Depreciation Depletion Amortization---2.22M-2.08M2.53M1.8M--
Non Operating Income10.5M1.33M8.68M6.74M--12.42M1.12M--
Interest Expense9.04M9.37M12.71M12.69M15.31M18.5M20.83M20.03M19.91M24.24M
Independent Bank Corp. Pretax Income
Provision for Income Taxes27.21M23.89M16.48M14.67M17.14M12.22M6.74M6.55M8.79M14.75M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations64.96M59.84M50.25M42.62M45.43M40.24M22.98M23.96M28.38M32.85M
Extraordinary Items & Discontinued Operations----------
Independent Bank Corp. Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS25.96M23.99M23.09M21.81M21.45M21.2M19.67M15.76M14.16M14.93M
Average Shares used to compute Basic EPS25.89M23.9M23.01M21.78M21.42M21.18M19.64M15.7M14.03M14.93M
Income Before Nonrecurring Items71.73M59.9M55.18M47.1M45.86M40.24M33.61M24.2M28.65M32.85M
Income from Nonrecurring Items-6.77M-0.06M-4.93M-4.47M-0.43M--10.62M-0.24M-0.26M-
Independent Bank Corp. Earnings Per Share Basic Net
Independent Bank Corp. Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items2.762.502.392.162.141.901.421.542.022.17
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.040.960.880.840.760.720.720.720.680.64
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:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that INDB stock has a topline or revenue of $311.43M for 2015 as per this Independent Bank Corp. revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $64.96M for Independent Bank Corp. for 2015. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Independent Bank Corp. historical stock prices to check how the price has moved with time. .

Independent Bank Corp. Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield