Independent Bank Corp. Revenue, Profits - INDB Quarterly Income Statement

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$71.9 $0.6 (0.84%) INDB stock closing price Feb 21, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Independent Bank Corp. stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. Like any other income statement, the INDB income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of 2.42% when compared to the same period in the past. The operating expenses as shown in the Independent Bank Corp. profit and loss statement for 2017 Q4 total to $52.77M. This line item shows that the operating expenses has increased compared with last year. Also check: Independent Bank Corp. assets and Independent Bank Corp. free cash flow.

View and download details of revenue and profits for Independent Bank Corp. for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Independent Bank Corp. Revenues or Net Sales
94.79M92.55M89.53M83.32M85.19M82.72M82.26M78.9M79.69M79.48M
Cost Of Goods Sold (COGS)3.7M3.33M2.91M2.76M2.82M2.73M2.73M2.86M2.94M2.95M
Independent Bank Corp. Gross Profit
91.11M89.21M86.61M80.55M82.4M79.99M79.51M76.02M76.76M76.52M
Research & Development Expense----------
Selling General & Admin Expense52.77M51.31M50.95M48.88M50.88M47.65M47.54M46.67M46.72M47.83M
Income Before Depreciation Depletion Amortization38.35M37.9M35.66M31.66M31.53M32.33M31.97M29.35M30.05M28.69M
Depreciation Depletion Amortization----------
Non Operating Income--2.9M-4.77M-----
Interest Expense1.36M1.37M1.46M1.44M1.89M1.9M1.88M1.98M2.06M2.23M
Independent Bank Corp. Pretax Income
36.99M36.53M31.29M29.73M24.89M30.27M29.88M27.03M27.73M26.46M
Provision for Income Taxes14.92M12.68M10.73M9.01M7.71M9.79M9.5M8.42M8.28M7.86M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations22.06M23.85M20.56M20.73M17.18M20.48M20.37M18.61M19.46M18.59M
Extraordinary Items & Discontinued Operations----------
Independent Bank Corp. Profit/ Loss (Net Income)
22.06M23.85M20.56M20.73M17.18M20.48M20.37M18.61M19.46M18.59M
Average Shares used to compute Diluted EPS27.52M27.51M27.33M27.11M26.77M26.38M26.3M26.32M26.29M26.26M
Average Shares used to compute Basic EPS27.45M27.44M27.26M27.03M26.71M26.32M26.3M26.28M26.24M26.2M
Income Before Nonrecurring Items24.43M23.85M22.38M21.06M20.24M20.57M20.58M19.07M19.46M18.59M
Income from Nonrecurring Items-2.36M--1.82M-0.33M-3.06M-0.09M-0.21M-0.46M--
Independent Bank Corp. Earnings Per Share Basic Net
0.800.870.750.770.640.780.770.710.740.71
Independent Bank Corp. Earnings Per Share Diluted Net
----------
EPS Diluted Before Nonrecurring Items0.890.870.820.780.760.780.780.720.740.71
Preferred Dividends Acc Pd----------
Dividends Common8.788.78--------
Dividend Per Share Common0.320.320.320.320.290.290.290.290.260.26
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:

  • 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 topline or sales growth of INDB stock with its peers like UCBI stock and EGBN stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like Independent Bank Corp. try to grow their profits 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 INDB financials along with Independent Bank Corp. historical stock prices provide a lot of details about the firm.

Independent Bank Corp. Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
22.61
PS Ratio (price sales ratio)
5.48
Operating Margin
40.5
Net Profit Margin
23.3
Dividend Yield
1.78%