Highlands Bankshares
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. Highlands Bankshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $20,700,000. Profit margin reached 17%. Total operating expenses were $13,801,000.
Profit Margin
| 2014 | 17.95M | 3.30M | 18.41% |
|---|---|---|---|
| 2015 | 18.29M | 3.33M | 18.2% |
| 2016 | 18.64M | 3.72M | 20.01% |
| 2017 | 19.04M | 2.46M | 12.96% |
| 2018 | 19.79M | 3.88M | 19.65% |
| 2019 | 22.88M | 3.52M | 15.41% |
| 2020 | 22.26M | 3.34M | 15.01% |
| 2021 | 23.79M | 4.93M | 20.74% |
| 2022 | 22.9M | 4.42M | 19.33% |
| 2023 | 20.7M | 3.55M | 17.18% |
HBSI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 20.7M | 22.9M | 23.79M | 22.26M | 22.88M | 19.79M | 19.04M | 18.64M | 18.29M | 17.95M |
Cost of revenue | -6.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 27.24M | 22.9M | 23.79M | 22.26M | 22.88M | 19.79M | 19.04M | 18.64M | 18.29M | 17.95M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 10.26M | 11.04M | 10.65M | 10.00M | 9.70M | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 13.80M | 5.41M | 4.78M | 4.34M | 5.05M | -14.82M | -13.87M | -13.39M | -13.46M | -13.24M |
Operating income | 6.89M | 6.00M | 6.71M | 4.76M | 5.17M | 4.96M | 5.17M | 5.24M | 4.83M | 4.71M |
Other income (expenses), net | -2.62M | 5.61M | 6.28M | -635K | 4.38M | 4.96M | -1.55M | 5.24M | -1.80M | -2.82M |
Income before tax | 4.27M | 5.61M | 6.28M | 4.13M | 4.38M | 4.96M | 5.17M | 5.24M | 4.83M | 4.71M |
Income tax expense | 715K | 1.19M | 1.34M | 790K | 859K | 1.07M | 2.70M | 1.51M | 1.5M | 1.41M |
Net income | 3.55M | 4.42M | 4.93M | 3.34M | 3.52M | 3.88M | 2.46M | 3.72M | 3.33M | 3.30M |
Earnings per share | ||||||||||
Basic EPS | 2.66 | 3.31 | 3.69 | 2.5 | 2.64 | 2.91 | 1.85 | 2.79 | 2.49 | 2.47 |
Diluted EPS | 2.66 | 3.31 | 3.69 | 2.5 | 2.64 | 2.91 | 1.85 | 2.79 | 2.49 | 2.47 |