QNB Corp.
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. QNB Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $45,836,000. Profit margin reached 21%. Total operating expenses were $28,808,000.
Profit Margin
| 2014 | 32.66M | 8.99M | 27.54% |
|---|---|---|---|
| 2015 | 33.40M | 8.23M | 24.65% |
| 2016 | 34.17M | 8.92M | 26.12% |
| 2017 | 39.30M | 8.28M | 21.09% |
| 2018 | 39.90M | 11.33M | 28.4% |
| 2019 | 44.61M | 12.35M | 27.7% |
| 2020 | 44.85M | 12.08M | 26.94% |
| 2021 | 51.90M | 16.49M | 31.77% |
| 2022 | 50.22M | 15.92M | 31.7% |
| 2023 | 45.83M | 9.48M | 20.69% |
QNBC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 45.83M | 50.22M | 51.90M | 44.85M | 44.61M | 39.90M | 39.30M | 34.17M | 33.40M | 32.66M |
Cost of revenue | -27.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 73.66M | 50.22M | 51.90M | 44.85M | 44.61M | 39.90M | 39.30M | 34.17M | 33.40M | 32.66M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 964K | 870K | 922K | 876K | 1.04M | 927K | 914K | 806K | 805K | 841K |
Total operating expenses | 28.80M | 870K | -31.45M | -30.20M | -29.40M | 35M | 31M | 27M | 27M | 27M |
Operating income | 17.02M | 29.66M | 20.45M | 14.64M | 15.20M | 21.07M | 19.86M | 11.97M | 10.80M | 11.64M |
Other income (expenses), net | -5.30M | -10.07M | 20.45M | -3.96M | 15.20M | -8.18M | -3.57M | 11.97M | -3.59M | 0 |
Income before tax | 11.72M | 19.58M | 20.45M | 14.64M | 15.20M | 12.89M | 14.18M | 11.97M | 10.80M | 11.64M |
Income tax expense | 2.24M | 3.66M | 3.96M | 2.56M | 2.85M | 1.55M | 5.9M | 3.05M | 2.57M | 2.64M |
Net income | 9.48M | 15.92M | 16.49M | 12.08M | 12.35M | 11.33M | 8.28M | 8.92M | 8.23M | 8.99M |
Earnings per share | ||||||||||
Basic EPS | 2.63 | 4.47 | 4.64 | 3.42 | 3.53 | 3.27 | 2.42 | 2.64 | 2.47 | 2.73 |
Diluted EPS | 2.63 | 4.47 | 4.64 | 3.42 | 3.53 | 3.25 | 2.41 | 2.63 | 2.46 | 2.72 |
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