Provident Bancorp
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. Provident Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 21% to $64,078,000. The net income raised on $10,954,000 and profit margin reached 17%. Total operating expenses were $64,078,000.
Profit Margin
| 2014 | 24.88M | 4.56M | 18.33% |
|---|---|---|---|
| 2015 | 27.08M | 3.82M | 14.12% |
| 2016 | 30.54M | 6.33M | 20.75% |
| 2017 | 42.01M | 7.91M | 18.84% |
| 2018 | 41.30M | 9.32M | 22.58% |
| 2019 | 47.50M | 10.80M | 22.75% |
| 2020 | 58.01M | 11.98M | 20.66% |
| 2021 | 66.59M | 16.13M | 24.23% |
| 2022 | 81.17M | -21.46M | -26.45% |
| 2023 | 64.07M | 10.95M | 17.09% |
PVBC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 64.07M | 81.17M | 66.59M | 58.01M | 47.50M | 41.30M | 42.01M | 30.54M | 27.08M | 24.88M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 64.07M | 81.17M | 66.59M | 58.01M | 47.50M | 41.30M | 42.01M | 30.54M | 27.08M | 24.88M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 640K | 412K | 279K | 223K | 385K | 245K | 300K | 249K | 127K | 79K |
Total operating expenses | 64.07M | 5.10M | -44.50M | -41.40M | -32.88M | -23.53M | -22.95M | -18.39M | -19.72M | -16.58M |
Operating income | 0 | -22.96M | 22.09M | 16.61M | 14.61M | 17.77M | 19.05M | 12.14M | 7.36M | 8.30M |
Other income (expenses), net | 14.77M | -4.29M | 22.09M | -6.53M | 14.61M | -5.21M | -3.37M | -2.78M | -5.59M | -3.53M |
Income before tax | 14.77M | -27.25M | 22.09M | 16.61M | 14.61M | 12.56M | 15.33M | 9.36M | 5.19M | 6.01M |
Income tax expense | 3.82M | -5.79M | 5.95M | 4.62M | 3.81M | 3.23M | 7.41M | 3.02M | 1.36M | 1.45M |
Net income | 10.95M | -21.46M | 16.13M | 11.98M | 10.80M | 9.32M | 7.91M | 6.33M | 3.82M | 4.56M |
Earnings per share | ||||||||||
Basic EPS | 0.66 | -1.3 | 0.96 | 0.66 | 0.6 | 0.5 | 0.86 | 0.69 | 0.38 | 0.46 |
Diluted EPS | 0.66 | -1.3 | 0.93 | 0.66 | 0.6 | 0.5 | 0.86 | 0.69 | 0.38 | 0.46 |
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