Mechanics Bank
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. Mechanics Bank's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $636,833,141. Profit margin reached 32%. Total operating expenses were $636,833,141.
Profit Margin
| 2016 | 175.04M | 33.79M | 19.31% |
|---|---|---|---|
| 2017 | 265.62M | 31.83M | 11.98% |
| 2018 | 278.51M | 52.00M | 18.67% |
| 2019 | 429.86M | 57.72M | 13.43% |
| 2020 | 647.47M | 93.46M | 14.44% |
| 2021 | 692.07M | 206.01M | 29.77% |
| 2022 | 694.96M | 216.58M | 31.16% |
| 2023 | 636.83M | 201.91M | 31.71% |
MCHB Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 636.83M | 694.96M | 692.07M | 647.47M | 429.86M | 278.51M | 265.62M | 175.04M |
Cost of revenue | -1.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 638.78M | 694.96M | 692.07M | 647.47M | 429.86M | 278.51M | 265.62M | 175.04M |
Operating exp. | ||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 636.83M | -372.99M | -406.13M | -545.44M | -351.54M | -184.97M | -199.88M | -117.80M |
Operating income | 295.26M | 321.97M | 285.94M | 102.02M | 78.31M | 93.53M | 65.73M | 57.24M |
Other income (expenses), net | -17.31M | -19.83M | 285.94M | -28.38M | 78.31M | -21.35M | -7.09M | -2.84M |
Income before tax | 277.94M | 302.13M | 285.94M | 102.02M | 78.31M | 72.17M | 56.21M | 54.39M |
Income tax expense | 76.02M | 85.55M | 79.93M | 8.56M | 20.59M | 20.17M | 24.37M | 20.59M |
Net income | 201.91M | 216.58M | 206.01M | 93.46M | 57.72M | 52.00M | 31.83M | 33.79M |
Earnings per share | ||||||||
Basic EPS | 3.14K | 3.37K | 3.20K | 1.45K | 1.43K | 1.88K | 1.15K | 1.57K |
Diluted EPS | 3.14K | 3.37K | 3.20K | 1.45K | 1.43K | 1.88K | 1.15K | 1.57K |