Farmers & Merchants Bank of Long Beach
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. Farmers & Merchants Bank of Long Beach's past years’ income statements indicate that its last revenue has increased compared to the previous period by 32% to $431,968,000. Profit margin reached 16%. Total operating expenses were $279,415,000.
Profit Margin
| 2014 | 202.51M | 62.40M | 30.82% |
|---|---|---|---|
| 2015 | 215.85M | 64.94M | 30.09% |
| 2016 | 229.74M | 71.50M | 31.12% |
| 2017 | 245.01M | 64.76M | 26.43% |
| 2018 | 257.22M | 85.63M | 33.29% |
| 2019 | 266.75M | 85.57M | 32.08% |
| 2020 | 281.88M | 79.80M | 28.31% |
| 2021 | 317.08M | 115.20M | 36.33% |
| 2022 | 327.56M | 109.00M | 33.28% |
| 2023 | 431.96M | 70.00M | 16.21% |
FMBL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 431.96M | 327.56M | 317.08M | 281.88M | 266.75M | 257.22M | 245.01M | 229.74M | 215.85M | 202.51M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 431.96M | 327.56M | 317.08M | 281.88M | 266.75M | 257.22M | 245.01M | 229.74M | 215.85M | 202.51M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 7.73M | 6.88M | 4.95M | 5.12M | 8.55M | 5.95M | 5.30M | 6.39M | 5.50M | 6.33M |
Total operating expenses | 279.41M | -161.06M | -172.56M | -185.69M | -163.97M | -126.65M | -140.00M | -125.15M | -121.99M | 65.44M |
Operating income | 91.10M | 166.50M | 144.52M | 96.19M | 102.77M | 130.56M | 105.01M | 104.58M | 93.85M | 90.54M |
Other income (expenses), net | -9.17M | -31.23M | 144.52M | -2.61M | 102.77M | -21.94M | -1.96M | -10.33M | 0 | -6.29M |
Income before tax | 81.93M | 135.27M | 144.52M | 96.19M | 102.77M | 108.62M | 90.66M | 94.25M | 93.85M | 90.54M |
Income tax expense | 11.92M | 26.26M | 29.32M | 16.38M | 17.20M | 22.98M | 25.89M | 22.74M | 28.90M | 28.13M |
Net income | 70.00M | 109.00M | 115.20M | 79.80M | 85.57M | 85.63M | 64.76M | 71.50M | 64.94M | 62.40M |
Earnings per share | ||||||||||
Basic EPS | 568.23 | 876.17 | 913.6 | 623.42 | 661.79 | 654.07 | 494.65 | 546.16 | 496.06 | 476.67 |
Diluted EPS | 553.8 | 855.56 | 898.31 | 622.74 | 661.23 | 654.07 | 494.65 | 546.16 | 496.06 | 476.67 |