Waccamaw Bankshares Annual Income Statement (OTCMKTS:WBNK)

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$0 $0 (0%) WBNK stock closing price Nov 07, 2014 (Closing)

Financial analysis of Waccamaw Bankshares involves more than just checking the Waccamaw Bankshares stock price, by looking at the financial statements of the company in detail. 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 WBNK income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue decline of $2.39M when compared to the same period in the past. Along with Waccamaw Bankshares assets and Waccamaw Bankshares free cash flow, profits as shown in profit and loss statement give key insights about the business. The profits have decreased from $-14.2M YoY and 2010 revenue is $27.4M. Waccamaw Bankshares revenue for 2010 is $27.4M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2010 2009 2008 2007 2006
Waccamaw Bankshares Net Sales or Revenues
27.4M29.79M31.45M35.08M27.96M
Cost Of Goods Sold (COGS)6.75M9.26M13.5M13.67M9.48M
Waccamaw Bankshares Gross Profit
20.65M20.53M17.94M21.41M18.47M
Research & Development Expense-----
Selling General & Admin Expense29.19M32.36M18.38M12.54M10.6M
Income Before Depreciation Depletion Amortization-8.54M-11.83M-0.43M8.86M7.87M
Depreciation Depletion Amortization---0.28M0.27M
Non Operating Income--2.72M---
Interest Expense3M3.27M3.43M2.62M1.73M
Waccamaw Bankshares Pretax Income
-11.54M-17.83M-3.87M5.95M5.86M
Provision for Income Taxes3.68M-3.62M-1.82M2.04M2.21M
Minority Interest-----
Investment Gains Losses-----
Other Income-----
Income Before Extraordinaries & Disc Operations-15.23M-14.2M-2.04M3.9M3.65M
Extraordinary Items & Discontinued Operations-----
Waccamaw Bankshares Net Income (Profit/Loss)
-15.23M-14.2M-2.04M3.9M3.65M
Average Shares used to compute Diluted EPS--5.52M5.34M5.15M
Average Shares used to compute Basic EPS--5.52M5.34M5.15M
Income Before Nonrecurring Items---0.9M3.9M3.65M
Income from Nonrecurring Items---1.14M--
Waccamaw Bankshares Earnings Per Share Basic Net
-2.53-2.57-0.370.730.71
Waccamaw Bankshares Earnings Per Share Diluted Net
---0.370.730.71
EPS Diluted Before Nonrecurring Items---0.160.730.71
Preferred Dividends Acc Pd-----
Dividends Common-----
Dividend Per Share Common-----
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Waccamaw Bankshares stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Waccamaw Bankshares revenue chart, as is not the case with Waccamaw Bankshares indicates a sagging business. One needs to compare the QoQ or YoY topline growth of WBNK stock with its peers like WFSC stock and SBKCQ stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: Most businesses like Waccamaw Bankshares try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Waccamaw Bankshares historical stock prices to check how the price has moved with time. .