Independent Bank Corp.
INDB · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $974,137 | $911,332 | $749,837 | $515,982 |
| % Growth | 6.9% | 21.5% | 45.3% | – |
| Cost of Goods Sold | $327,274 | $212,455 | $36,091 | $31,922 |
| Gross Profit | $646,863 | $698,877 | $713,746 | $484,060 |
| % Margin | 66.4% | 76.7% | 95.2% | 93.8% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $244,545 | $234,088 | $211,662 | $176,566 |
| SG&A Expenses | $244,545 | $234,088 | $211,662 | $176,566 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $155,191 | $149,655 | $154,330 | $150,819 |
| Operating Expenses | $399,736 | $383,743 | $365,992 | $327,385 |
| Operating Income | $247,127 | $315,134 | $347,754 | $156,675 |
| % Margin | 25.4% | 34.6% | 46.4% | 30.4% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $247,127 | $315,134 | $347,754 | $156,675 |
| Tax Expense | $55,046 | $75,632 | $83,941 | $35,683 |
| Net Income | $192,081 | $239,502 | $263,813 | $120,992 |
| % Margin | 19.7% | 26.3% | 35.2% | 23.4% |
| EPS | 4.52 | 5.42 | 5.69 | 3.47 |
| % Growth | -16.6% | -4.7% | 64% | – |
| EPS Diluted | 4.52 | 5.42 | 5.69 | 3.47 |
| Weighted Avg Shares Out | 42,499 | 44,182 | 46,372 | 34,872 |
| Weighted Avg Shares Out Dil | 42,512 | 44,194 | 46,390 | 34,889 |
| Supplemental Information | – | – | – | – |
| Interest Income | $852,753 | $795,726 | $642,840 | $415,276 |
| Interest Expense | $291,024 | $189,205 | $29,591 | $13,717 |
| Depreciation & Amortization | $40,889 | $36,102 | $38,799 | $32,824 |
| EBITDA | $288,016 | $351,236 | $386,553 | $189,499 |
| % Margin | 29.6% | 38.5% | 51.6% | 36.7% |