GrandSouth Ban
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. GrandSouth Ban's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $52,845,000. The net income raised on $16,114,000 and profit margin reached 30%. Total operating expenses were $185,000.
Profit Margin
| 2013 | 21.30M | 2.92M | 13.75% |
|---|---|---|---|
| 2014 | 21.70M | 4.37M | 20.14% |
| 2015 | 25.24M | 6.01M | 23.81% |
| 2016 | 28.74M | 3.18M | 11.08% |
| 2017 | 32.87M | 790K | 2.4% |
| 2018 | 36.87M | 6.29M | 17.07% |
| 2019 | 42.27M | 8.06M | 19.07% |
| 2020 | 44.25M | 8.64M | 19.54% |
| 2021 | 52.84M | 16.11M | 30.49% |
GRRB Income Statement (2013 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 52.84M | 44.25M | 42.27M | 36.87M | 32.87M | 28.74M | 25.24M | 21.70M | 21.30M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 52.84M | 44.25M | 42.27M | 36.87M | 32.87M | 28.74M | 25.24M | 21.70M | 21.30M |
Operating exp. | |||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 185K | 163K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 185K | -24.48M | -18.64M | -19.95M | -25.15M | -21.16M | -13.89M | -12.58M | -14.49M |
Operating income | 26.40M | 19.76M | 23.63M | 16.92M | 7.72M | 7.58M | 11.34M | 9.11M | 6.80M |
Other income (expenses), net | -5.11M | -8.61M | -13.00M | -8.71M | -4.93M | -2.52M | -2.03M | -2.19M | -2.48M |
Income before tax | 21.28M | 11.14M | 10.62M | 8.20M | 2.78M | 5.05M | 9.31M | 6.92M | 4.32M |
Income tax expense | 5.17M | 2.50M | 2.56M | 1.91M | 1.99M | 1.87M | 3.30M | 2.55M | 1.39M |
Net income | 16.11M | 8.64M | 8.06M | 6.29M | 790K | 3.18M | 6.01M | 4.37M | 2.92M |
Earnings per share | |||||||||
Basic EPS | 3.06 | 1.64 | 1.49 | 1.39 | 0.18 | 0.72 | 1.78 | 1.32 | 0.89 |
Diluted EPS | 3.06 | 1.64 | 1.49 | 1.39 | 0.16 | 0.72 | 1.78 | 1.32 | 0.89 |
| Data source |