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

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$71.35 $5 (7.54%) INDB stock closing price Jul 21, 2017 (Closing)

Fundamental analysis of INDB stock involves analyzing its financial statements, apart from checking the Independent Bank Corp. stock price In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the INDB stock is bound to reflect the impact of the QoQ decline of $1.87M. The Independent Bank Corp. profit and loss statement for 2017-Q1 shows a profit of $20.73M. Profits have grown from $17.18M 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. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Independent Bank Corp. Net Sales or Revenues
83.32M85.19M82.72M82.26M78.9M79.69M79.48M79.28M72.99M73.3M
Cost Of Goods Sold (COGS)2.76M2.82M2.73M2.73M2.86M2.94M2.95M2.92M2.76M2.73M
Independent Bank Corp. Gross Profit
80.55M82.4M79.99M79.51M76.02M76.76M76.52M76.35M70.22M70.58M
Research & Development Expense----------
Selling General & Admin Expense48.88M50.88M47.65M47.54M46.67M46.72M47.83M49.34M44.24M45.53M
Income Before Depreciation Depletion Amortization31.66M31.53M32.33M31.97M29.35M30.05M28.69M27.01M25.97M25.05M
Depreciation Depletion Amortization----------
Non Operating Income0.48M4.77M0.15M0.2M0.33M0.27M--10.23M0.59M
Interest Expense1.44M1.89M1.9M1.88M1.98M2.06M2.23M2.34M2.41M2.28M
Independent Bank Corp. Pretax Income
29.73M24.89M30.27M29.88M27.03M27.73M26.46M24.66M13.32M22.18M
Provision for Income Taxes9.01M7.71M9.79M9.5M8.42M8.28M7.86M7.21M3.86M6.2M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations20.73M17.18M20.48M20.37M18.61M19.46M18.59M17.45M9.46M15.98M
Extraordinary Items & Discontinued Operations----------
Independent Bank Corp. Net Income (Profit/Loss)
20.73M17.18M20.48M20.37M18.61M19.46M18.59M17.45M9.46M15.98M
Average Shares used to compute Diluted EPS27.11M26.77M26.38M26.3M26.32M26.29M26.26M26.22M25.04M24.06M
Average Shares used to compute Basic EPS27.03M26.71M26.32M26.3M26.28M26.24M26.2M26.15M24.96M23.97M
Income Before Nonrecurring Items21.06M20.24M20.57M20.58M19.07M19.46M18.59M17.61M15.76M16.56M
Income from Nonrecurring Items-0.33M-3.06M-0.09M-0.21M-0.46M---0.16M-6.3M-0.58M
Independent Bank Corp. Earnings Per Share Basic Net
0.770.640.780.770.710.740.710.670.380.67
Independent Bank Corp. Earnings Per Share Diluted Net
0.760.640.780.770.710.740.710.670.380.66
EPS Diluted Before Nonrecurring Items0.780.760.780.780.720.740.710.680.630.69
Preferred Dividends Acc Pd----------
Dividends Common8.667.83--------
Dividend Per Share Common0.320.290.290.290.290.260.260.260.260.24
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 QoQ growth (See: Independent Bank Corp. revenue chart) implies that the company is growing, which has not been the case with Independent Bank Corp.. One must stay away from stocks whose revenues are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. INDB stock had a poor bottom line growth.
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)
24.1860
PS ratio (
price sales ratio
)
5.7831
Operating margin
38
Net profit margin
24.9
Dividend yield
1.67%