Pinnacle 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. Pinnacle Bank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 25% to $40,945,000. The net income raised on $11,770,720 and profit margin reached 29%. Total operating expenses were $41,096,544.
Profit Margin
| 2014 | 9.21M | 965.65K | 10.48% |
|---|---|---|---|
| 2015 | 9.78M | 1.02M | 10.51% |
| 2016 | 13.50M | 2.46M | 18.22% |
| 2017 | 17.50M | 2.95M | 16.9% |
| 2018 | 19.89M | 5.35M | 26.91% |
| 2019 | 22.84M | 5.56M | 24.36% |
| 2020 | 23.95M | 3.94M | 16.46% |
| 2021 | 30.16M | 7.74M | 25.69% |
| 2022 | 32.80M | 8.45M | 25.77% |
| 2023 | 40.94M | 11.77M | 28.75% |
PBNK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 40.94M | 32.80M | 30.16M | 23.95M | 22.84M | 19.89M | 17.50M | 13.50M | 9.78M | 9.21M |
Cost of revenue | -9.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 50.81M | 32.80M | 30.16M | 23.95M | 22.84M | 19.89M | 17.50M | 13.50M | 9.78M | 9.21M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 652.93K | 572.29K | 397.67K | 361.65K | 462.18K | 377.27K | 331.34K | 295.09K | 247.06K | 233.88K |
Total operating expenses | 41.09M | -20.86M | -19.23M | -18.20M | -14.71M | -11.89M | -11.29M | -9.33M | -8.03M | -7.61M |
Operating income | 16.54M | 11.93M | 10.92M | 5.74M | 8.12M | 8.00M | 6.20M | 4.16M | 1.74M | 1.59M |
Other income (expenses), net | 1 | 11.93M | 10.92M | -421.24K | 800 | -551.79K | -316.18K | 0 | 0 | -7.61M |
Income before tax | 16.54M | 11.93M | 10.92M | 5.74M | 8.12M | 7.45M | 5.91M | 4.16M | 1.74M | 1.59M |
Income tax expense | 4.77M | 3.48M | 3.17M | 1.80M | 2.56M | 2.09M | 2.95M | 1.70M | 721.7K | 632.6K |
Net income | 11.77M | 8.45M | 7.74M | 3.94M | 5.56M | 5.35M | 2.95M | 2.46M | 1.02M | 965.65K |
Earnings per share | ||||||||||
Basic EPS | 2.09 | 1.55 | 1.45 | 0.75 | 1.09 | 1.2 | 0.76 | 0.65 | 0.28 | 0.26 |
Diluted EPS | 2.07 | 1.52 | 1.42 | 0.74 | 1.06 | 1.16 | 0.73 | 0.62 | 0.26 | 0.24 |