United 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. United Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $29,889,000. The net income raised on $8,950,000 and profit margin reached 30%. Total operating expenses were $14,898,000.
Profit Margin
| 2014 | 17.60M | 2.65M | 15.06% |
|---|---|---|---|
| 2015 | 17.58M | 3.22M | 18.33% |
| 2016 | 18.52M | 3.58M | 19.32% |
| 2017 | 19.33M | 3.54M | 18.34% |
| 2018 | 21.77M | 4.28M | 19.66% |
| 2019 | 24.79M | 6.81M | 27.47% |
| 2020 | 29.80M | 7.95M | 26.68% |
| 2021 | 27.81M | 9.45M | 33.97% |
| 2022 | 28.47M | 8.65M | 30.41% |
| 2023 | 29.88M | 8.95M | 29.94% |
UBCP Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 29.88M | 28.47M | 27.81M | 29.80M | 24.79M | 21.77M | 19.33M | 18.52M | 17.58M | 17.60M |
Cost of revenue | -11.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 40.90M | 28.47M | 27.81M | 29.80M | 24.79M | 21.77M | 19.33M | 18.52M | 17.58M | 17.60M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 361K | 346K | 380K | 339K | 383K | 493K | 426K | 324K | 300K | 417K |
Total operating expenses | 14.89M | -15.66M | -17.13M | -21.22M | -17.38M | -13.51M | -11.98M | -13.36M | -13.03M | -14.03M |
Operating income | 15.44M | 12.80M | 10.68M | 8.58M | 7.40M | 8.26M | 7.35M | 5.16M | 4.55M | 3.57M |
Other income (expenses), net | -5.95M | -3.27M | 10.68M | -3.99M | 7.40M | -3.17M | -2.65M | 5.16M | 0 | 0 |
Income before tax | 9.49M | 9.53M | 10.68M | 8.58M | 7.40M | 5.08M | 5.59M | 5.16M | 4.55M | 3.57M |
Income tax expense | 541K | 879K | 1.23M | 629K | 599K | 800K | 2.04M | 1.58M | 1.33M | 923K |
Net income | 8.95M | 8.65M | 9.45M | 7.95M | 6.81M | 4.28M | 3.54M | 3.58M | 3.22M | 2.65M |
Earnings per share | ||||||||||
Basic EPS | 1.57 | 1.51 | 1.62 | 1.38 | 1.19 | 0.86 | 0.71 | 0.72 | 0.65 | 0.54 |
Diluted EPS | 1.57 | 1.51 | 1.62 | 1.38 | 1.19 | 0.86 | 0.71 | 0.71 | 0.64 | 0.53 |
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