Independent Bank

INDB • NASDAQ •
Overview Stats Financials News

Quarterly Financials

Values in thousands 2024-03-31 2023-12-31 2023-09-30 2023-06-30
Revenue $237,742 $207,170 $183,423 $183,303
Gross Profit 237,908 207,170 183,423 183,303
EBITDA -2,982 70,916 80,141 82,748
EBIT -13,271 62,389 70,949 73,998
Net Income 47,770 54,803 60,808 62,644
Net Change In Cash 237,742 207,170 183,423 183,303
Cost of Revenue -194,280
Free Cash Flow 51,264 49,907 78,364 88,337
Cash 221,316 224,330 220,128 308,264
Basic Shares 42,566 43,484 44,146 44,136

Annual Financials

Values in thousands 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue $795,726 $727,916 $507,409 $477,451
Gross Profit 795,726 727,916 507,409 477,451
EBITDA 315,134 377,345 189,499 180,098
EBIT 315,134 338,546 156,675 152,836
Net Income 239,502 263,813 120,992 121,167
Net Change In Cash 795,726 727,916 507,409 477,451
Cost of Revenue 944,048 1,145,662
Free Cash Flow 265,555 399,128 165,020 52,050
Cash 224,330 352,933 2,240,684 1,296,636
Basic Shares 44,193 46,389 34,888 33,285

Earnings Calls

Quarter EPS
2024-03-31 $1.12
2023-12-31 $1.26
2023-09-30 $1.38
2023-06-30 $1.42