Heartland BancCorp
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. Heartland BancCorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $70,873,000. The net income raised on $19,516,000 and profit margin reached 28%. Total operating expenses were $40,823,000.
Profit Margin
| 2014 | 25.95M | 6.08M | 23.43% |
|---|---|---|---|
| 2015 | 29.39M | 8.12M | 27.65% |
| 2016 | 31.31M | 7.98M | 25.51% |
| 2017 | 35.69M | 8.87M | 24.86% |
| 2018 | 41.21M | 11.41M | 27.69% |
| 2019 | 48.23M | 13.19M | 27.36% |
| 2020 | 60.45M | 14.76M | 24.43% |
| 2021 | 64.80M | 18.59M | 28.69% |
| 2022 | 68.37M | 18.07M | 26.43% |
| 2023 | 70.87M | 19.51M | 27.54% |
HLAN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 70.87M | 68.37M | 64.80M | 60.45M | 48.23M | 41.21M | 35.69M | 31.31M | 29.39M | 25.95M |
Cost of revenue | -33.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 104.82M | 68.37M | 64.80M | 60.45M | 48.23M | 41.21M | 35.69M | 31.31M | 29.39M | 25.95M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.19M | 1.01M | 1.04M | 954K | 951K | 866K | 675.76K | 563.38K | 545.99K | 598.03K |
Total operating expenses | 40.82M | -40.04M | -36.64M | -32.74M | -21.09M | -27.27M | 5.79M | 0 | 17.55M | 16.33M |
Operating income | 30.05M | 28.33M | 28.16M | 27.71M | 27.14M | 13.94M | 12.95M | 11.13M | 11.08M | 8.36M |
Other income (expenses), net | -6.22M | -6.10M | -5.00M | -5.59M | -11.02M | 0 | -3.46M | 0 | 0 | 0 |
Income before tax | 23.82M | 22.22M | 23.15M | 18.02M | 16.11M | 13.94M | 12.95M | 11.13M | 11.08M | 8.36M |
Income tax expense | 4.30M | 4.15M | 4.56M | 3.26M | 2.91M | 2.52M | 4.07M | 3.14M | 2.95M | 2.28M |
Net income | 19.51M | 18.07M | 18.59M | 14.76M | 13.19M | 11.41M | 8.87M | 7.98M | 8.12M | 6.08M |
Earnings per share | ||||||||||
Basic EPS | 9.69 | 9 | 9.3 | 7.39 | 6.54 | 6.81 | 5.56 | 5.08 | 5.21 | 3.92 |
Diluted EPS | 9.62 | 8.9 | 9.17 | 7.33 | 6.45 | 6.68 | 5.4 | 4.97 | 5.13 | 3.87 |