University 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. University Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 25% to $108,382,834. The net income raised on $5,426,558 and profit margin reached 5%. Total operating expenses were $79,032,592.
Profit Margin
| 2014 | 36.41M | 755.18K | 2.07% |
|---|---|---|---|
| 2015 | 43.55M | 3.24M | 7.46% |
| 2016 | 50.78M | 3.80M | 7.49% |
| 2017 | 51.20M | 5.12M | 10.01% |
| 2018 | 52.85M | 2.23M | 4.22% |
| 2019 | 65.57M | 3.61M | 5.52% |
| 2020 | 132.30M | 28.00M | 21.17% |
| 2021 | 127.83M | 25.31M | 19.81% |
| 2022 | 86.42M | 3.78M | 4.38% |
| 2023 | 108.38M | 5.42M | 5.01% |
UNIB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 108.38M | 86.42M | 127.83M | 132.30M | 65.57M | 52.85M | 51.20M | 50.78M | 43.55M | 36.41M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 108.38M | 86.42M | 127.83M | 132.30M | 65.57M | 52.85M | 51.20M | 50.78M | 43.55M | 36.41M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.02M | 1.02M | 1.06M | 502.11K | 878.51K | 920.20K | 922.28K | 866.20K | 831.23K | 730.22K |
Total operating expenses | 79.03M | -79.68M | -94.53M | -96.10M | -60.88M | -49.72M | -46.51M | -44.70M | -38.59M | -35.43M |
Operating income | 9.71M | 6.73M | 33.30M | 36.20M | 4.69M | 3.13M | 4.69M | 6.08M | 4.96M | 986.75K |
Other income (expenses), net | -645.28K | -1.40M | 2.72M | -818.87K | 199.56K | 42.50K | 402.96K | 42.59K | 0 | 0 |
Income before tax | 9.07M | 5.33M | 36.02M | 38.91M | 4.89M | 3.17M | 4.82M | 6.13M | 4.96M | 986.75K |
Income tax expense | 2.27M | 1.11M | 7.98M | 8.20M | 1.07M | 744.48K | -573.45K | 2.12M | 1.71M | 360.83K |
Net income | 5.42M | 3.78M | 25.31M | 28.00M | 3.61M | 2.23M | 5.12M | 3.80M | 3.24M | 755.18K |
Earnings per share | ||||||||||
Basic EPS | 1.07 | 0.74 | 4.9 | 5.39 | 0.64 | 0.43 | 0.99 | 0.75 | 0.62 | 0.16 |
Diluted EPS | 1.07 | 0.73 | 4.84 | 5.31 | 0.63 | 0.43 | 0.98 | 0.75 | 0.62 | 0.16 |