Independent Bank Corp. Income Statement - Quarterly (NASDAQ:INDB)

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$65.15 $0.1 (0.15%) INDB stock closing price Feb 27, 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 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. The income statement is generated for a specific period of time. The revenue increase of $85.19M for 2016-Q4 impacts the INDB stock. Investors typically check year over year or quarter over quarter revenue growth. The Independent Bank Corp. profit and loss statement for 2016-Q4 shows a profit of $17.18M. Profits have reduced from $20.48M QoQ. Apart from this an investor should also check Independent Bank Corp. assets and Independent Bank Corp. free cash flow. View details of revenue and profits for Independent Bank Corp. for latest & last 40 quarters.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3
Independent Bank Corp. Net Sales or Revenues
85.19M82.72M82.26M78.9M79.69M79.48M79.28M72.99M73.3M71.47M
Cost Of Goods Sold (COGS)2.82M2.73M2.73M2.86M2.94M2.95M2.92M2.76M2.73M2.73M
Independent Bank Corp. Gross Profit
82.4M79.99M79.51M76.02M76.76M76.52M76.35M70.22M70.58M68.73M
Research & Development Expense----------
Selling General & Admin Expense50.88M47.65M47.54M46.67M46.72M47.83M49.34M44.24M45.53M43.83M
Income Before Depreciation Depletion Amortization31.53M32.33M31.97M29.35M30.05M28.69M27.01M25.97M25.05M24.9M
Depreciation Depletion Amortization----------
Non Operating Income4.77M0.15M0.2M0.33M0.27M--10.23M0.59M0.67M
Interest Expense1.89M1.9M1.88M1.98M2.06M2.23M2.34M2.41M2.28M2.07M
Independent Bank Corp. Pretax Income
24.89M30.27M29.88M27.03M27.73M26.46M24.66M13.32M22.18M22.15M
Provision for Income Taxes7.71M9.79M9.5M8.42M8.28M7.86M7.21M3.86M6.2M6.41M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations17.18M20.48M20.37M18.61M19.46M18.59M17.45M9.46M15.98M15.74M
Extraordinary Items & Discontinued Operations----------
Independent Bank Corp. Net Income (Profit/Loss)
17.18M20.48M20.37M18.61M19.46M18.59M17.45M9.46M15.98M15.74M
Average Shares used to compute Diluted EPS26.77M26.38M26.3M26.32M26.29M26.26M26.22M25.04M24.06M24M
Average Shares used to compute Basic EPS26.71M26.32M26.3M26.28M26.24M26.2M26.15M24.96M23.97M23.91M
Income Before Nonrecurring Items20.24M20.57M20.58M19.07M19.46M18.59M17.61M15.76M16.56M16.15M
Income from Nonrecurring Items-3.06M-0.09M-0.21M-0.46M---0.16M-6.3M-0.58M-0.41M
Independent Bank Corp. Earnings Per Share Basic Net
0.640.780.770.710.740.710.670.380.670.66
Independent Bank Corp. Earnings Per Share Diluted Net
0.640.780.770.710.740.710.670.380.660.66
EPS Diluted Before Nonrecurring Items0.760.780.780.720.740.710.680.630.690.67
Preferred Dividends Acc Pd----------
Dividends Common7.837.65--------
Dividend Per Share Common0.290.290.290.290.260.260.260.260.240.24
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Independent Bank Corp. stock analysis are:
  • Topline: A growing topline, as seen from the Independent Bank Corp. revenue chart, as is the case with Independent Bank Corp. indicates a growing business. One needs to compare the QoQ or YoY topline growth of INDB stock with its peers like EGBN stock and NBTB stock to see if the growth compares well with what can be expected for a company in that industry.
  • 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 $17.18M for Independent Bank Corp. for 2016-Q4. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
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)
22.4660
PS ratio (
price sales ratio
)
5.2881
Operating margin
37
Net profit margin
20.2
Dividend yield
1.78%