Farmers & Merchants Bancshares, Inc. (Burlington, IA)
Income Statement
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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 Bancshares, Inc. (Burlington, IA)'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 27% to $7,622,000. Profit margin reached -1%. Total operating expenses were $5,341,000.
Profit Margin
| 2017 | 6.82M | 315K | 4.62% |
|---|---|---|---|
| 2019 | 9.86M | 169.26K | 1.72% |
| 2020 | 11.22M | 1.18M | 10.59% |
| 2021 | 9.97M | 872.01K | 8.75% |
| 2022 | 10.38M | 803.07K | 7.73% |
| 2023 | 7.62M | -82K | -1.08% |
FMBN Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 7.62M | 10.38M | 9.97M | 11.22M | 9.86M | 6.82M |
Cost of revenue | 67K | 10.37M | 9.96M | 700K | 408K | 600K |
Gross profit | 7.55M | 6.97K | 6.42K | 10.52M | 9.45M | 6.22M |
Operating exp. | ||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 126.21K | 0 | 0 |
Total operating expenses | 5.34M | 2.95M | 3.11M | 2.89M | 2.84M | 4.83M |
Operating income | 7.55M | 6.97M | 6.42M | 6.96M | 6.63M | 6.22M |
Other income (expenses), net | -7.74M | 1.00M | 1.02M | -1.38M | 131.10K | -5.30M |
Income before tax | -190.98K | 1.00M | 1.02M | 1.35M | 131.10K | 918K |
Income tax expense | -109.13K | 199.69K | 153.53K | 162.32K | -38.15K | 603K |
Net income | -82K | 803.07K | 872.01K | 1.18M | 169.26K | 315K |
Earnings per share | ||||||
Basic EPS | -0.3 | 2.96 | 3.24 | 4.44 | 0.64 | 1.08 |
Diluted EPS | -0.3 | 2.96 | 3.24 | 4.44 | 0.64 | 1.08 |