INDB
Independent Bank Corp.
$71.13
-$1.71(-2.35%)
59
Overall
80
Value
45
Tech
52
Quality
Market Cap
$3.55B
Volume
1.01M
52W Range
$52.15 - $77.23
Target Price
$79.50
Order:
Income Statement
| Metric | Trend | Chart | 2015 Dec | 2016 Dec | 2017 Dec | 2018 Dec | 2019 Dec | 2020 Dec | 2021 Dec | 2022 Dec | 2023 Dec | 2024 Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||
| Total Revenue | $289.3M | $304.2M | $338.9M | $381.9M | $508.4M | $479.2M | $507.4M | $727.9M | $731.1M | $689.7M | ||
| Total Revenue | $289.3M | $304.2M | $338.9M | $381.9M | $508.4M | $479.2M | $507.4M | $727.9M | $731.1M | $689.7M | ||
| OPERATING EXPENSES | ||||||||||||
| Selling, General & Administrative | $150.0M | $151.5M | $157.1M | $165.9M | $156.0M | $159.2M | $176.6M | $211.7M | $234.1M | $244.5M | ||
| Selling & Marketing Expenses | $4.6M | $5.2M | $5.0M | $4.9M | $5.4M | $4.3M | $4.1M | -- | -- | -- | ||
| General & Administrative Expenses | $40.3M | $37.7M | $35.5M | $36.7M | $1.4M | $2.5M | $4.0M | $7.0M | $12.0M | $10.9M | ||
| Promotion & Advertising | $4.6M | $5.2M | $5.0M | $4.9M | $5.4M | $4.3M | $4.1M | -- | -- | -- | ||
| Salaries & Wages | $105.1M | $108.6M | $116.6M | $124.3M | $149.2M | $152.5M | $172.6M | $204.7M | $222.1M | $233.7M | ||
| Depreciation & Amortization | $-7.0M | $-7.3M | $-8.5M | $2.3M | $5.5M | $6.1M | $5.7M | $7.7M | $6.9M | $5.9M | ||
| Depreciation & Amortization | $-7.0M | $-7.3M | $-8.5M | $2.3M | $5.5M | $6.1M | $5.7M | $7.7M | $6.9M | $5.9M | ||
| Amortization | $-5.3M | $-6.5M | $-7.9M | $2.3M | $5.5M | $6.1M | $5.7M | $7.7M | $6.9M | $5.9M | ||
| SPECIAL ITEMS | ||||||||||||
| Restruct | $10.5M | $5.5M | $3.4M | $11.2M | $26.4M | -- | $40.8M | $7.1M | -- | $1.9M | ||
| Special Income Charges | $-16.4M | $-10.5M | $-15.4M | $-23.9M | $-70.2M | $-41.1M | $-79.1M | $-76.3M | $-67.1M | $-71.9M | ||
| Impairment of Capital Assets | $-10.0M | $-16.0K | -- | -- | -- | $4.2M | -- | -- | -- | -- | ||
| PRE-TAX INCOME | ||||||||||||
| Pre-Tax Income | $92.2M | $112.1M | $134.5M | $155.9M | $218.1M | $152.8M | $156.7M | $347.8M | $315.1M | $247.1M | ||
| INCOME TAX | ||||||||||||
| Tax Provision | $31.2M | $38.8M | $50.4M | $37.1M | $52.9M | $31.7M | $35.7M | $83.9M | $75.6M | $55.0M | ||
| NET INCOME | ||||||||||||
| Net Income | $65.0M | $76.6M | $87.2M | $121.6M | $165.2M | $121.2M | $121.0M | $263.8M | $239.5M | $192.1M | ||
| Net Income (Continuing Operations) | $65.0M | $76.6M | $87.2M | $121.6M | $165.2M | $121.2M | $121.0M | $263.8M | $239.5M | $192.1M | ||
| Net Income (Discontinued Operations) | $65.0M | $76.6M | $87.2M | $121.6M | $165.2M | $121.2M | $121.0M | $263.8M | $239.5M | $192.1M | ||
| Net Income (Common Stockholders) | $65.0M | $76.6M | $87.2M | $121.6M | $179.1M | $146.5M | $121.0M | $263.8M | $239.5M | $192.1M | ||
| Normalized Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | $260.9M | ||
| SHARE & EPS DATA | ||||||||||||
| Average Shares Outstanding | $25.9M | $26.4M | $27.3M | $27.6M | $32.8M | $33.3M | $34.9M | $46.4M | $44.2M | $42.5M | ||
| Average Shares Outstanding (Diluted) | $68.6K | $51.8K | $78.1K | $61.4K | $45.8K | $25.6K | $34.9M | $46.4M | $44.2M | $42.5M | ||
| Shares Outstanding | $26.3M | $27.0M | $27.5M | $28.1M | $34.3M | $33.0M | $47.4M | $45.1M | $42.4M | $42.6M | ||
| Basic EPS | $2.51 | $2.9 | $3.19 | $4.41 | $5.03 | $3.64 | $3.47 | $5.69 | $5.42 | $4.52 | ||
| Basic EPS (Continuing Operations) | $2.51 | $2.9 | $3.19 | $4.41 | $5.03 | $3.64 | $3.47 | $5.69 | $5.42 | $4.52 | ||
| Diluted EPS | $2.5 | $2.9 | $3.19 | $4.4 | $5.03 | $3.64 | $3.47 | $5.69 | $5.42 | $4.52 | ||
| Diluted EPS (Continuing Operations) | $2.5 | $2.9 | $3.19 | $4.4 | $5.03 | $3.64 | $3.47 | $5.69 | $5.42 | $4.52 | ||
| Dividend Per Share | $1.04 | $1.16 | $1.28 | $1.52 | $1.76 | $1.84 | $1.92 | -- | -- | $2.28 | ||
| OTHER METRICS | ||||||||||||
| Credit Losses Provision | $1.5M | $6.1M | $3.0M | $4.8M | $6.0M | $52.5M | $18.2M | $6.5M | $23.3M | $36.3M | ||
| Fees And Commissions | $20.7M | $21.8M | $23.8M | $26.2M | $28.7M | $29.4M | $35.3M | $36.8M | $40.2M | $42.7M | ||
| Insurance And Claims | $40.3M | $37.7M | $35.5M | $36.7M | $1.4M | $2.5M | $4.0M | $7.0M | $12.0M | $10.9M | ||
| Interest Expense For Deposit | $11.6M | $11.1M | $12.7M | $20.0M | $41.2M | $27.3M | $8.3M | $24.7M | $144.8M | $247.0M | ||
| Interest Expense For Federal Funds Sold And Securities Purchase Under Agreements To Resell | $-60.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Interest Expense For Long Term Debt | $-6.6M | $-5.8M | $-4.0M | $-4.2M | $8.2M | $5.4M | $4.5M | $4.6M | $6.8M | $5.0M | ||
| Interest Expense For Long Term Debt And Capital Securities | $-6.6M | $-5.8M | $-4.0M | $-4.2M | $8.2M | $5.4M | $4.5M | $4.6M | $6.8M | $5.0M | ||
| Interest Expense For Short Term Debt | $9.0M | $7.7M | $5.6M | $5.5M | $12.7M | $7.0M | $5.4M | $4.9M | $44.5M | $44.1M | ||
| Interest Income | $235.5M | $246.6M | $277.2M | $323.7M | $447.0M | $402.1M | $415.3M | $642.8M | $795.7M | $852.8M | ||
| Interest Income After Provision For Loan Loss | $211.9M | $215.7M | $253.0M | $288.6M | $387.1M | $315.2M | $383.4M | $606.7M | $583.3M | $525.5M | ||
| Interest Income From Federal Funds Sold And Securities Purchase Under Agreements To Resell | $349.0K | $1.2M | $1.4M | $2.7M | $2.2M | $847.0K | $2.5M | $14.4M | $5.2M | $5.7M | ||
| Interest Income From Investment Securities | $20.2M | $21.0M | $22.6M | $26.6M | $32.5M | $30.2M | $30.5M | $50.4M | $60.3M | $57.1M | ||
| Interest Income From Leases | -- | -- | $939.0K | $1.3M | $-1.3M | -- | -- | -- | -- | -- | ||
| Interest Income From Loans | $214.9M | $224.5M | $253.2M | $294.5M | $412.4M | $371.1M | $382.3M | $578.1M | $730.2M | $790.0M | ||
| Interest Income From Loans And Lease | $214.9M | $224.5M | $253.2M | $294.5M | $412.4M | $371.1M | $382.3M | $578.1M | $730.2M | $790.0M | ||
| Interest Income From Securities | $20.2M | $21.0M | $22.6M | $26.6M | $32.5M | $30.2M | $30.5M | $50.4M | $60.3M | $57.1M | ||
| Net Interest Income | $213.4M | $221.8M | $255.9M | $293.4M | $393.1M | $367.7M | $401.6M | $613.2M | $606.5M | $561.7M | ||
| Net Occupancy Expense | $23.0M | $22.9M | $24.7M | $27.1M | $33.2M | $37.0M | $36.3M | $49.8M | $50.6M | $52.1M | ||
| Non Interest Expense | $-197.1M | $-192.1M | $-204.4M | $-226.0M | $284.3M | $273.8M | $332.5M | $373.7M | $392.7M | $406.4M | ||
| Non Interest Income | $75.9M | $82.4M | $83.0M | $88.5M | $115.3M | $111.4M | $105.8M | $114.7M | $124.6M | $128.0M | ||
| Occupancy And Equipment | $23.0M | $22.9M | $24.7M | $27.1M | $33.2M | $37.0M | $36.3M | $49.8M | $50.6M | $52.1M | ||
| Other Customer Services | $20.7M | $21.8M | $23.8M | $26.2M | $28.7M | $29.4M | $35.3M | $36.8M | $40.2M | $42.7M | ||
| Other Gand A | $40.3M | $37.7M | $35.5M | $36.7M | $1.4M | $2.5M | $4.0M | $7.0M | $12.0M | $10.9M | ||
| Other Interest Expense | $-20.6M | $-18.8M | $-18.3M | $-25.5M | $-393.1M | $34.3M | $13.7M | $29.6M | $189.2M | -- | ||
| Other Non Interest Expense | $5.9M | $5.0M | $12.1M | $12.8M | $43.7M | $36.9M | $38.3M | $69.2M | $67.1M | $70.0M | ||
| Other Non Interest Income | $51.3M | $54.5M | $55.4M | $60.0M | $80.1M | $72.0M | $67.3M | $30.5M | $34.9M | $33.0M | ||
| Professional Expense And Contract Services Expense | $3.7M | $3.5M | $4.0M | $3.9M | $5.4M | $6.0M | $8.3M | $9.6M | $9.0M | $7.1M | ||
| Rent And Landing Fees | $-8.2M | $-8.5M | $-8.6M | $-9.7M | -- | -- | -- | -- | -- | -- | ||
| Securities Activities | -- | -- | -- | $874.0K | $1.5M | $514.0K | $362.0K | -- | $983.0K | $877.0K | ||
| Intexp | $-20.6M | $-18.8M | $-18.3M | $-25.5M | $53.9M | $34.3M | $13.7M | $29.6M | $189.2M | $291.0M | ||
| Othspecchg | -- | -- | -- | -- | $-67.7M | $-113.4M | $-146.9M | $-13.9B | $14.5M | $14.4M | ||
Financial data is updated quarterly and may not reflect the most recent earnings.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | INDB | $71.13 | -2.3% | 1.01M |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |