Independent Bank Corp.

INDB · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$974$911$750$516
% Growth6.9%21.5%45.3%
Cost of Goods Sold$327$212$36$32
Gross Profit$647$699$714$484
% Margin66.4%76.7%95.2%93.8%
R&D Expenses$0$0$0$0
G&A Expenses$245$234$212$177
SG&A Expenses$245$234$212$177
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$155$150$154$151
Operating Expenses$400$384$366$327
Operating Income$247$315$348$157
% Margin25.4%34.6%46.4%30.4%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$247$315$348$157
Tax Expense$55$76$84$36
Net Income$192$240$264$121
% Margin19.7%26.3%35.2%23.4%
EPS4.525.425.693.47
% Growth-16.6%-4.7%64%
EPS Diluted4.525.425.693.47
Weighted Avg Shares Out42444635
Weighted Avg Shares Out Dil43444635
Supplemental Information
Interest Income$853$796$643$415
Interest Expense$291$189$30$14
Depreciation & Amortization$41$36$39$33
EBITDA$288$351$387$189
% Margin29.6%38.5%51.6%36.7%
Independent Bank Corp. (INDB) Financial Statements & Key Stats | AlphaPilot