Towne Bank Annual Income Statement (NASDAQ:TOWN)

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$31.1 $0.5 (1.63%) TOWN stock closing price Mar 23, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Towne Bank stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the TOWN income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue growth of $79.68M when compared to the same period in the past. The Towne Bank profit and loss statement for 2016 shows a profit of $67.25M. Profits have grown from $62.38M YoY. Apart from this an investor should also check Towne Bank assets and Towne Bank free cash flow. Towne Bank revenue for 2016 is $409.84M. 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
Towne Bank Net Sales or Revenues
409.84M330.16M269.24M------
Cost Of Goods Sold (COGS)---------
Towne Bank Gross Profit
---------
Research & Development Expense---------
Selling General & Admin Expense----174.9M158.42M145.31M-98.27M
Income Before Depreciation Depletion Amortization---------
Depreciation Depletion Amortization---------
Non Operating Income----3M3.68M5.96M--
Interest Expense---------
Towne Bank Pretax Income
----53.56M46.04M42.73M-32.64M
Provision for Income Taxes----13.96M12.72M12.45M-8.75M
Minority Interest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations67.25M62.38M42.17M41.76M39.6M33.32M30.27M26.76M23.89M
Extraordinary Items & Discontinued Operations---------
Towne Bank Net Income (Profit/Loss)
67.25M62.38M42.17M41.76M39.6M33.32M30.27M26.76M23.89M
Average Shares used to compute Diluted EPS56.99M51.12M35.09M32.36M30.78M29.84M29.12M25.7M24.92M
Average Shares used to compute Basic EPS56.99M51.12M35.09M32.36M30.78M29.84M29.12M25.7M24.92M
Income Before Nonrecurring Items80.15M62.38M42.17M41.76M37.93M33.32M30.28M26.76M23.89M
Income from Nonrecurring Items-12.9M--------
Towne Bank Earnings Per Share Basic Net
1.181.221.181.161.030.770.720.650.90
Towne Bank Earnings Per Share Diluted Net
1.181.221.181.161.030.770.710.640.86
EPS Diluted Before Nonrecurring Items1.411.221.181.161.030.770.710.640.86
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.510.470.430.380.330.310.310.310.31
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Towne Bank stock analysis are:
  • Topline: A growing topline, as seen from the Towne Bank revenue chart, as is the case with Towne Bank indicates a growing business. One needs to compare the QoQ or YoY topline growth of TOWN stock with its peers like TRMK stock and UCBI stock to see if the growth compares well with what can be expected for a company in that industry.
  • 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. TOWN stock had a healthy bottom line growth.
The income statement is also called statement of revenue and expense. The financials along with Towne Bank historical stock prices provides a lot of details about the firm. .

Towne Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
26.5810
PS ratio (
price sales ratio
)
4.7017
Net profit margin
17.1
Dividend yield
1.64%