First 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. First Bancshares's past years’ income statements indicate that its last revenue has increased compared to the previous period by 54% to $30,047,660. The net income raised on $6,719,966 and profit margin reached 22%. Total operating expenses were $22,610,840.
Profit Margin
| 2014 | 6.19M | 284.81K | 4.6% |
|---|---|---|---|
| 2015 | 6.49M | 3.10M | 47.77% |
| 2016 | 8.22M | 1.16M | 14.19% |
| 2017 | 10.87M | -563.43K | -5.18% |
| 2018 | 13.64M | 2.98M | 21.86% |
| 2019 | 14.79M | 3.57M | 24.16% |
| 2020 | 15.16M | 3.94M | 26.02% |
| 2021 | 18.15M | 5.09M | 28.05% |
| 2022 | 19.45M | 5.28M | 27.16% |
| 2023 | 30.04M | 6.71M | 22.36% |
FBSI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 30.04M | 19.45M | 18.15M | 15.16M | 14.79M | 13.64M | 10.87M | 8.22M | 6.49M | 6.19M |
Cost of revenue | -86.34K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 30.13M | 19.45M | 18.15M | 15.16M | 14.79M | 13.64M | 10.87M | 8.22M | 6.49M | 6.19M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 5.28M | 4.43M | 3.97M | 4.11M |
Total operating expenses | 22.61M | -10.66M | -11.44M | -10.02M | -10.03M | -9.63M | 2.38M | 1.43M | 5.78M | 5.91M |
Operating income | 21.90M | 8.78M | 6.70M | 5.14M | 4.75M | 4.00M | 1.06M | 823.57K | 830.52K | 433.64K |
Other income (expenses), net | -12.99M | -1.65M | 6.70M | -2.02M | 4.75M | 4.00M | 0 | 713.87K | -1.39M | -10K |
Income before tax | 8.90M | 7.13M | 6.70M | 5.14M | 4.75M | 4.00M | 954.43K | 713.87K | 702.97K | 284.81K |
Income tax expense | 2.18M | 1.85M | 1.61M | 1.19M | 1.18M | 1.02M | 1.51M | -453.77K | 2.39M | -148.82K |
Net income | 6.71M | 5.28M | 5.09M | 3.94M | 3.57M | 2.98M | -563.43K | 1.16M | 3.10M | 284.81K |
Earnings per share | ||||||||||
Basic EPS | 2.77 | 2.17 | 1.96 | 1.51 | 1.41 | 1.17 | -0.29 | 0.75 | 2 | 0.18 |
Diluted EPS | 2.77 | 2.17 | 1.96 | 1.49 | 1.41 | 1.17 | -0.29 | 0.75 | 2 | 0.18 |