Atlantic Coast Financial Annual Income Statement (NASDAQ:ACFC)

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$7.9 $0.08 (1.02%) ACFC stock closing price Mar 29, 2017 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Atlantic Coast Financial stock price alone is not sufficient. The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the ACFC stock is bound to reflect the impact of the YoY growth of $6.5M. The Atlantic Coast Financial profit and loss statement for 2016 shows a profit of $6.42M. Profits have reduced from $7.71M YoY. Apart from this an investor should also check Atlantic Coast Financial assets and Atlantic Coast Financial free cash flow. Atlantic Coast Financial revenue for 2016 is $43.14M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Atlantic Coast Financial Net Sales or Revenues
43.14M36.64M34.57M35.16M43.6M49.51M53.11M52.88M65.39M62.43M
Cost Of Goods Sold (COGS)-2.42M2.48M3.3M4.12M6.17M10M15.92M20.65M23.79M
Atlantic Coast Financial Gross Profit
-34.22M32.08M31.85M39.47M43.33M43.11M36.96M44.73M38.64M
Research & Development Expense----------
Selling General & Admin Expense-29.74M22.73M33.87M35.84M43.46M46.12M46.36M39.46M28.06M
Income Before Depreciation Depletion Amortization-4.47M9.35M-2.01M3.62M-0.13M-3M-9.4M5.27M10.57M
Depreciation Depletion Amortization----------
Non Operating Income--------2.81M--
Interest Expense-6.26M8.02M9.38M10.14M10.57M11.18M11.01M11.35M9.32M
Atlantic Coast Financial Pretax Income
--1.78M1.32M-11.4M-6.51M-10.71M-14.19M-23.22M-6.07M1.24M
Provision for Income Taxes--9.5M--0.15M-0.42M-6.11M-3.23M0.13M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations6.42M7.71M1.32M-11.4M-6.66M-10.28M-14.19M-29.33M-2.84M1.11M
Extraordinary Items & Discontinued Operations----------
Atlantic Coast Financial Net Income (Profit/Loss)
6.42M7.71M1.32M-11.4M-6.66M-10.28M-14.19M-29.33M-2.84M1.11M
Average Shares used to compute Diluted EPS15.42M15.4M15.39M3.53M2.5M2.49M13.16M2.57M2.59M2.62M
Average Shares used to compute Basic EPS15.42M15.4M15.39M3.53M2.5M2.49M13.16M2.57M2.57M2.58M
Income Before Nonrecurring Items5.33M2.8M1.33M-4.01M-6.67M-10.29M-14.2M-14.04M-2.85M1.12M
Income from Nonrecurring Items1.09M4.92M--7.39M----9M--
Atlantic Coast Financial Earnings Per Share Basic Net
0.420.500.09-3.23-2.67-4.13-1.08-8.98-1.120.41
Atlantic Coast Financial Earnings Per Share Diluted Net
0.420.500.09-3.23-2.67-4.13-1.08-8.98-1.120.41
EPS Diluted Before Nonrecurring Items0.350.180.09-1.13-2.67-4.13-1.08-5.46-1.120.41
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common-------0.562.702.76
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Atlantic Coast Financial stock analysis. It helps to look at the following income statement items:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Atlantic Coast Financial revenue chart) implies that the company is growing, which has been the case with Atlantic Coast Financial. One must stay away from stocks whose revenues are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. ACFC stock had a healthy bottom line growth.
The income statement is also called statement of revenue and expense. The financials along with Atlantic Coast Financial historical stock prices provides a lot of details about the firm. .

Atlantic Coast Financial Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
18.8100
PS ratio (
price sales ratio
)
2.8231
Net profit margin
18.8
Dividend yield
0%