Harford Bank
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. Harford Bank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $23,267,188. The net income raised on $6,457,849 and profit margin reached 28%. Total operating expenses were $23,267,188.
Profit Margin
| 2014 | 13.27M | 2.81M | 21.2% |
|---|---|---|---|
| 2015 | 11.82M | 2.01M | 17.05% |
| 2016 | 12.69M | 1.85M | 14.59% |
| 2017 | 13.51M | 1.93M | 14.34% |
| 2018 | 14.58M | 3.19M | 21.88% |
| 2019 | 15.13M | 3.29M | 21.76% |
| 2020 | 17.14M | 3.19M | 18.65% |
| 2021 | 19.55M | 5.34M | 27.31% |
| 2022 | 20.78M | 5.12M | 24.66% |
| 2023 | 23.26M | 6.45M | 27.76% |
HFBK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 23.26M | 20.78M | 19.55M | 17.14M | 15.13M | 14.58M | 13.51M | 12.69M | 11.82M | 13.27M |
Cost of revenue | -5.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 29.13M | 20.78M | 19.55M | 17.14M | 15.13M | 14.58M | 13.51M | 12.69M | 11.82M | 13.27M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 223.45K | 231.24K | 173.59K | 97.16K | 179.44K | 178.02K | 160.68K | 148.22K | 142.09K | 140.22K |
Total operating expenses | 23.26M | 10.93M | -12.35M | -12.92M | -10.73M | 7.53M | 7.10M | 6.75M | 6.21M | 8.79M |
Operating income | 9.18M | 7.83M | 7.19M | 4.22M | 4.39M | 5.98M | 5.27M | 4.59M | 4.85M | 4.93M |
Other income (expenses), net | -539.88K | -1.07M | 7.19M | -1.69M | 4.39M | -1.69M | -1.23M | -1.64M | -1.51M | -1.41M |
Income before tax | 8.64M | 6.76M | 7.19M | 4.22M | 4.39M | 4.28M | 3.57M | 2.95M | 3.21M | 4.48M |
Income tax expense | 2.18M | 1.63M | 1.85M | 1.02M | 1.10M | 1.09M | 1.63M | 1.10M | 1.19M | 1.66M |
Net income | 6.45M | 5.12M | 5.34M | 3.19M | 3.29M | 3.19M | 1.93M | 1.85M | 2.01M | 2.81M |
Earnings per share | ||||||||||
Basic EPS | 4.38 | 3.51 | 3.71 | 2.24 | 2.32 | 2.27 | 1.4 | 1.35 | 1.54 | 2.09 |
Diluted EPS | 4.34 | 3.49 | 3.69 | 2.23 | 2.3 | 2.24 | 1.38 | 1.33 | 1.5 | 2.09 |