Potomac Bancshares
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. Potomac Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $31,744,000. Profit margin reached 23%. Total operating expenses were $22,391,000.
Profit Margin
| 2014 | 14.48M | 2.15M | 14.9% |
|---|---|---|---|
| 2015 | 15.74M | 2.58M | 16.38% |
| 2016 | 18.72M | 2.21M | 11.85% |
| 2017 | 21.39M | 3.81M | 17.81% |
| 2018 | 22.24M | 3.39M | 15.25% |
| 2019 | 25.53M | 3.21M | 12.58% |
| 2020 | 27.09M | 3.78M | 13.97% |
| 2021 | 29.83M | 7.57M | 25.37% |
| 2022 | 32.76M | 7.31M | 22.31% |
| 2023 | 31.74M | 7.26M | 22.88% |
PTBS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 31.74M | 32.76M | 29.83M | 27.09M | 25.53M | 22.24M | 21.39M | 18.72M | 15.74M | 14.48M |
Cost of revenue | 79K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 31.66M | 32.76M | 29.83M | 27.09M | 25.53M | 22.24M | 21.39M | 18.72M | 15.74M | 14.48M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 396K | 296K | 238K | 217K | 367K | 369K | 289K | 186K | 126K | 7.24M |
Total operating expenses | 22.39M | 6.28M | 5.71M | 5.24M | 5.32M | 4.88M | 4.44M | 4.29M | 11.82M | 11.26M |
Operating income | 9.71M | 9.58M | 9.97M | 4.98M | 4.23M | 4.58M | 6.24M | 3.88M | 4.44M | 3.67M |
Other income (expenses), net | -361K | 9.39M | 9.77M | -145K | 4.11M | 4.34M | -327K | 3.38M | -446K | -445K |
Income before tax | 9.35M | 9.39M | 9.77M | 4.84M | 4.11M | 4.34M | 5.91M | 3.38M | 3.92M | 3.21M |
Income tax expense | 2.08M | 2.07M | 2.20M | 1.05M | 901K | 954K | 2.10M | 1.16M | 1.34M | 1.05M |
Net income | 7.26M | 7.31M | 7.57M | 3.78M | 3.21M | 3.39M | 3.81M | 2.21M | 2.58M | 2.15M |
Earnings per share | ||||||||||
Basic EPS | 1.75 | 1.77 | 1.83 | 0.92 | 0.78 | 0.94 | 1.14 | 0.66 | 0.76 | 0.64 |
Diluted EPS | 1.75 | 1.77 | 1.83 | 0.92 | 0.78 | 0.94 | 1.14 | 0.66 | 0.76 | 0.64 |