Preferred 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. Preferred Bank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $275,589,000. The net income raised on $150,040,000 and profit margin reached 54%. Total operating expenses were $64,958,000.
Profit Margin
| 2014 | 75.72M | 24.59M | 32.47% |
|---|---|---|---|
| 2015 | 88.21M | 29.74M | 33.72% |
| 2016 | 108.81M | 36.36M | 33.42% |
| 2017 | 134.96M | 43.39M | 32.15% |
| 2018 | 163.01M | 70.99M | 43.55% |
| 2019 | 170.88M | 78.37M | 45.86% |
| 2020 | 180.21M | 69.46M | 38.55% |
| 2021 | 193.62M | 95.24M | 49.19% |
| 2022 | 254.40M | 128.84M | 50.65% |
| 2023 | 275.58M | 150.04M | 54.44% |
PFBC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 275.58M | 254.40M | 193.62M | 180.21M | 170.88M | 163.01M | 134.96M | 108.81M | 88.21M | 75.72M |
Cost of revenue | -206.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 481.75M | 254.40M | 193.62M | 180.21M | 170.88M | 163.01M | 134.96M | 108.81M | 88.21M | 75.72M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 737K | 811K | 568K | 564K | 840K | 816K | 883K | 845K | 593K | 420K |
Total operating expenses | 64.95M | -28.18M | -59.79M | -83.35M | -59.47M | -23.38M | -26.58M | -30.37M | -27.13M | -25.54M |
Operating income | 210.63M | 226.22M | 133.82M | 96.85M | 111.40M | 139.63M | 108.37M | 78.43M | 61.08M | 50.18M |
Other income (expenses), net | -778K | -47.02M | 133.82M | -176K | 111.40M | -40.93M | -3.99M | -18.73M | -2.50M | -1.86M |
Income before tax | 209.85M | 179.19M | 133.82M | 96.85M | 111.40M | 98.69M | 80.48M | 59.7M | 50.22M | 40.84M |
Income tax expense | 59.81M | 50.35M | 38.58M | 27.39M | 33.03M | 27.70M | 37.08M | 23.33M | 20.48M | 16.25M |
Net income | 150.04M | 128.84M | 95.24M | 69.46M | 78.37M | 70.99M | 43.39M | 36.36M | 29.74M | 24.59M |
Earnings per share | ||||||||||
Basic EPS | 10.64 | 8.84 | 6.41 | 4.65 | 5.16 | 4.71 | 2.97 | 2.58 | 2.17 | 1.83 |
Diluted EPS | 10.52 | 8.7 | 6.41 | 4.65 | 5.16 | 4.71 | 2.96 | 2.56 | 2.14 | 1.78 |