Glen Burnie Bancorp
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. Glen Burnie Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $12,904,000. Profit margin reached 11%. Total operating expenses were $10,250,000.
Profit Margin
| 2014 | 14.65M | 1.91M | 13.06% |
|---|---|---|---|
| 2015 | 14.22M | 1.35M | 9.51% |
| 2016 | 12.78M | 1.10M | 8.61% |
| 2017 | 12.95M | 911K | 7.03% |
| 2018 | 13.96M | 1.58M | 11.34% |
| 2019 | 13.77M | 1.59M | 11.61% |
| 2020 | 13.04M | 1.66M | 12.79% |
| 2021 | 13.05M | 2.51M | 19.27% |
| 2022 | 13.25M | 1.74M | 13.17% |
| 2023 | 12.90M | 1.42M | 11.07% |
GLBZ Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 12.90M | 13.25M | 13.05M | 13.04M | 13.77M | 13.96M | 12.95M | 12.78M | 14.22M | 14.65M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 170K | 0 | 0 | 0 | 0 |
Gross profit | 12.90M | 13.25M | 13.05M | 13.04M | 13.77M | 13.79M | 12.95M | 12.78M | 14.22M | 14.65M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 97K | 86K | 88K | 88K | 107K | 104K | 162K | 78.85K | 142.22K | 239.43K |
Total operating expenses | 10.25M | 1.13M | -9.96M | -10.88M | -11.72M | -9.97M | 162K | -9.64M | -10.23M | -9.89M |
Operating income | 0 | 2.83M | 3.09M | 2.15M | 2.05M | 3.81M | 3.76M | 3.14M | 3.98M | 4.75M |
Other income (expenses), net | 1.50M | -853K | 3.09M | -186K | 2.05M | -2.10M | -251K | -2.12M | 0 | 0 |
Income before tax | 1.50M | 1.98M | 3.09M | 2.15M | 2.05M | 1.71M | 1.82M | 1.01M | 1.59M | 2.22M |
Income tax expense | 72K | 240K | 577K | 491K | 452K | 130K | 913K | -83K | 245K | 308.65K |
Net income | 1.42M | 1.74M | 2.51M | 1.66M | 1.59M | 1.58M | 911K | 1.10M | 1.35M | 1.91M |
Earnings per share | ||||||||||
Basic EPS | 0.5 | 0.61 | 0.88 | 0.59 | 0.57 | 0.56 | 0.33 | 0.4 | 0.49 | 0.69 |
Diluted EPS | 0.5 | 0.61 | 0.88 | 0.59 | 0.57 | 0.56 | 0.33 | 0.4 | 0.49 | 0.69 |
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