MetroCity Bankshares
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. MetroCity Bankshares's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2793% to $119,698,000. Profit margin reached 43%. Total operating expenses were $47,726,000.
Profit Margin
| 2014 | 35.28M | 12.49M | 35.41% |
|---|---|---|---|
| 2015 | 44.04M | 16.61M | 37.71% |
| 2016 | 58.57M | 20.21M | 34.51% |
| 2017 | 84.30M | 31.89M | 37.84% |
| 2018 | 92.31M | 41.33M | 44.78% |
| 2019 | 100.86M | 44.71M | 44.33% |
| 2020 | 93.33M | 36.39M | 38.99% |
| 2021 | 137.97M | 61.70M | 44.72% |
| 2022 | 4.13M | 62.60M | 1512.86% |
| 2023 | 119.69M | 51.61M | 43.12% |
MCBS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 119.69M | 4.13M | 137.97M | 93.33M | 100.86M | 92.31M | 84.30M | 58.57M | 44.04M | 35.28M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | -3.50M | 0 | 0 | 0 | 0 |
Gross profit | 119.69M | 4.13M | 137.97M | 93.33M | 100.86M | 95.81M | 84.30M | 58.57M | 44.04M | 35.28M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 614K | 606K | 541K | 566K | 649K | 613K | 634.26K | 573.07K | 481.98K | 0 |
Total operating expenses | 47.72M | 606K | -55.35M | -44.56M | -40M | -25.13M | -25.63M | -20.92M | -14.42M | 15.46M |
Operating income | 71.97M | 118.82M | 82.61M | 48.76M | 60.86M | 70.67M | 58.66M | 37.65M | 29.62M | 19.82M |
Other income (expenses), net | 0 | -27.60M | 82.61M | 0 | 60.86M | -14.67M | 176K | -5.23M | -329.09K | 0 |
Income before tax | 71.97M | 91.21M | 82.61M | 48.76M | 60.86M | 56.00M | 50.04M | 32.41M | 26.04M | 19.82M |
Income tax expense | 20.35M | 25.62M | 20.91M | 12.37M | 16.15M | 14.66M | 18.15M | 12.19M | 9.43M | 7.32M |
Net income | 51.61M | 62.60M | 61.70M | 36.39M | 44.71M | 41.33M | 31.89M | 20.21M | 16.61M | 12.49M |
Earnings per share | ||||||||||
Basic EPS | 2.05 | 2.46 | 2.41 | 1.42 | 1.82 | 1.71 | 1.34 | 0.86 | 0.7 | 0.59 |
Diluted EPS | 2.02 | 2.44 | 2.39 | 1.41 | 1.81 | 1.69 | 1.32 | 0.86 | 0.7 | 0.59 |
| Data source | Data source | Data source | Data source | Data source |