Independent Bank Corp. (INDB)

USD 65.74

(-5.38%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 795.72 Million 727.91 Million 507.4 Million 477.45 Million 508.42 Million 386.67 Million
Cost of Revenue - - - - - 3.42 Million
Gross Profit 795.72 Million 727.91 Million 507.4 Million 477.45 Million 508.42 Million 383.24 Million
Operating Expenses 722.12 Million -389.37 Million -350.73 Million -324.61 Million -290.32 Million -201.77 Million
Selling, General and Administrative Expenses 234.08 Million 211.66 Million 183.46 Million 161.24 Million 157.07 Million 132.22 Million
Research and Development Expenses - - - - - -
Other Expenses 488.03 Million -601.03 Million -534.19 Million -485.86 Million -447.39 Million -343.15 Million
Cost and Expenses 601.24 Million -389.37 Million -350.73 Million -324.61 Million -290.32 Million -201.77 Million
Operating Income 315.13 Million 338.54 Million 156.67 Million 152.83 Million 218.1 Million 181.46 Million
Interest Expense 189.2 Million 29.59 Million 13.71 Million 34.34 Million 53.87 Million 25.53 Million
Income Tax Expense 75.63 Million 83.94 Million 35.68 Million 31.66 Million 52.93 Million 34.3 Million
Earnings before Tax 315.13 Million 347.75 Million 156.67 Million 152.83 Million 218.1 Million 155.92 Million
Net Income 239.5 Million 263.81 Million 120.99 Million 121.16 Million 165.17 Million 121.62 Million
Earnings Per Share Basic 5.42 5.69 3.47 3.64 5.03 4.41
Earnings Per Share Diluted 5.42 5.69 3.47 3.64 5.03 4.40
Weighted Average Shares Outstanding 44.18 Million 46.37 Million 34.87 Million 33.25 Million 32.81 Million 27.59 Million
Weighted Average Shares Outstanding (Diluted) 44.19 Million 46.38 Million 34.88 Million 33.28 Million 32.85 Million 27.65 Million
Gross Margin 1.00 1.00 1.00 1.00 1.00 0.99
EBIT Margin 0.44 0.52 0.37 0.38 0.47 0.51
Profit Margin 0.30 0.36 0.24 0.25 0.32 0.31
EBITDA 351.23 Million 386.55 Million 189.49 Million 174.4 Million 238.8 Million 167.83 Million
Earnings Before Tax Margin 0.40 0.47 0.31 0.32 0.43 0.47

Income Statement Charts