Citizens Bancshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Citizens Bancshares's past years’ income statements indicate that its last revenue has increased compared to the previous period by 41% to $40,760,645. The net income raised on $12,294,931 and profit margin reached 30%. Total operating expenses were $8,478,520.
Profit Margin
| 2014 | 16.96M | 1.80M | 10.66% |
|---|---|---|---|
| 2015 | 16.66M | 1.81M | 10.91% |
| 2016 | 16.60K | 1.93K | 11.65% |
| 2017 | 18.68M | 1.47M | 7.92% |
| 2018 | 20.18K | 3.95K | 19.57% |
| 2019 | 22.03M | 3.74M | 17.01% |
| 2020 | 25.46M | 5.87M | 23.05% |
| 2021 | 21.18M | 4.06M | 19.17% |
| 2022 | 28.90M | 9.43M | 32.65% |
| 2023 | 40.76M | 12.29M | 30.16% |
CZBS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 40.76M | 28.90M | 21.18M | 25.46M | 22.03M | 20.18K | 18.68M | 16.60K | 16.66M | 16.96M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 18.66M | 0 | 0 | 0 |
Gross profit | 40.76M | 28.90M | 21.18M | 25.46M | 22.03M | 20.18K | 18.68K | 16.60K | 16.66M | 16.96M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 797.83K | 180.91K | 236.49K | 374.13K | 318 | 134.00K | 143 | 148.70K | 126 |
Total operating expenses | 8.47M | 6.89M | 5.47M | 6.40M | 6.19M | 15.10K | 14.85M | 13.86K | -14.54M | -15.02M |
Operating income | 15.03M | 12.41M | 5.21M | 6.80M | 4.76M | 5.1K | 3.82M | 2.60K | 2.12M | 1.94M |
Other income (expenses), net | 937.35K | 12.41M | 5.21M | 182.66K | 4.75M | -26 | 8.06K | 128 | 0 | 0 |
Income before tax | 15.96M | 12.41M | 5.21M | 6.79M | 4.75M | 5.07K | 3.83M | 2.73K | 2.12M | 1.94M |
Income tax expense | 3.67M | 2.98M | 1.15M | 1.57M | 1.00M | 1.12K | 2.21M | 705 | 305.84K | 133.66K |
Net income | 12.29M | 9.43M | 4.06M | 5.87M | 3.74M | 3.95K | 1.47M | 1.93K | 1.81M | 1.80M |
Earnings per share | ||||||||||
Basic EPS | 6.27 | 4.75 | 2.04 | 2.61 | 1.79 | 1.88 | 0.68 | 0.87 | 0.72 | 0.73 |
Diluted EPS | 6.1 | 4.63 | 2.01 | 2.55 | 1.67 | 1.88 | 0.69 | 0.87 | 0.71 | 0.72 |