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Independent Bank Corp. (INDB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
73.98+1.84 (+2.55%)
At close: 04:00PM EST
73.98 0.00 (0.00%)
After hours: 05:34PM EST
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Annual

Income Statement

All numbers in thousands
Breakdown
ttm
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Total Revenue
683,064
722,127
720,246
502,265
473,077
Credit Losses Provision
-34,250
-23,250
-6,500
-18,205
-52,500
Non Interest Expense
393,702
383,743
358,892
286,545
263,578
Special Income Charges
-
0
-7,100
-40,840
-4,163
Pretax Income
255,112
315,134
347,754
156,675
152,836
Tax Provision
58,262
75,632
83,941
35,683
31,669
Net Income Common Stockholders
196,850
239,502
263,813
120,992
121,167
Diluted NI Available to Com Stockholders
196,850
239,502
263,813
120,992
121,167
Basic EPS
5.84
5.42
5.69
3.47
3.64
Diluted EPS
5.84
5.42
5.69
3.47
3.64
Basic Average Shares
44,723
44,182
46,372
34,872
33,260
Diluted Average Shares
44,738
44,194
46,390
34,889
33,285
Interest Income after Provision for Loan Loss
527,915
583,271
606,749
383,354
315,228
Net Income from Continuing & Discontinued Operation
196,850
239,502
263,813
120,992
121,167
Normalized Income
196,850
239,502
269,199
152,529
124,467
Total Money Market Investments
2,819
5,186
14,385
2,494
847
Reconciled Depreciation
40,027
36,102
38,799
32,824
27,262
Net Income from Continuing Operation Net Minority Interest
196,850
239,502
263,813
120,992
121,167
Total Unusual Items Excluding Goodwill
0
0
-7,100
-40,840
-4,163
Total Unusual Items
0
0
-7,100
-40,840
-4,163
Tax Rate for Calcs
0
0
0
0
0
Tax Effect of Unusual Items
0
0
-1,714
-9,303
-862.5736