Mountain Commerce 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. Mountain Commerce Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $33,018,000. Profit margin reached 21%. Total operating expenses were $21,728,000.

Profit Margin

Mountain Commerce Bancorp, Inc. (OTC:MCBI): Profit margin
2014 13.62M 2.10M 15.44%
2015 17.18M 3.07M 17.87%
2016 20.55M 4.23M 20.59%
2017 25.03M 5.47M 21.86%
2018 28.27M 10.18M 36.01%
2019 31.40M 12.35M 39.34%
2020 37.86M 10.16M 26.86%
2021 46.17M 23.62M 51.16%
2022 49.19M 18.44M 37.48%
2023 33.01M 6.91M 20.94%

MCBI Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
33.01M49.19M46.17M37.86M31.40M28.27M25.03M20.55M17.18M13.62M
Cost of revenue
-51.64M000000000
Gross profit
84.66M49.19M46.17M37.86M31.40M28.27M25.03M20.55M17.18M13.62M
Operating exp.
Research and development
0000000000
Selling and marketing
525K431K250.85K229.87K230.78K241.90K216.73K215.42K244.25K95.00K
Total operating expenses
21.72M-14.71M-15.80M-24.78M-14.81M-5.51M3.99M011.51M10.08M
Operating income
11.29M34.48M30.37M13.08M16.58M22.76M10.26M6.82M4.89M4.47M
Other income (expenses), net
-2.56M-10.65M30.37M-2.84M16.58M-9.25M-2.14M0-1.63M-930.33K
Income before tax
8.72M23.82M30.37M13.08M16.58M13.51M10.26M6.82M4.89M3.54M
Income tax expense
1.80M5.38M6.74M2.91M4.23M3.33M4.79M2.58M1.82M1.28M
Net income
6.91M18.44M23.62M10.16M12.35M10.18M5.47M4.23M3.07M2.10M
Earnings per share
Basic EPS
1.112.973.781.621.991.670.910.710.510.54
Diluted EPS
1.112.963.781.621.961.660.910.710.510.54