Mercantile Bancorp Revenue, Profits - MBCRQ Annual Income Statement

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$0.01 $0 (0%) MBCRQ stock closing price Jun 30, 2014 (Closing)

Fundamental analysis of MBCRQ stock involves analyzing its financial statements, apart from checking the Mercantile Bancorp 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 MBCRQ income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue decline of -8.62% when compared to the same period in the past. Along with Mercantile Bancorp assets and Mercantile Bancorp free cash flow, Mercantile Bancorp profits as shown in profit and loss statement give key insights about the business. The net profit for 2010 is $-50.95M and the 2010 revenue is $53.09M.

View revenue and profit details for latest and last 10 financial years.
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Fiscal year is Jan - Dec201020092008
Mercantile Bancorp Revenues or Net Sales
53.09M58.1M107.98M
Cost Of Goods Sold (COGS)15.56M21.76M41.75M
Mercantile Bancorp Gross Profit
37.53M36.34M66.23M
Research & Development Expense---
Selling General & Admin Expense74.97M62.74M77.76M
Income Before Depreciation Depletion Amortization-37.43M-26.4M-11.53M
Depreciation Depletion Amortization---
Non Operating Income-0.41M-30.38M-
Interest Expense4.44M7.33M8.9M
Mercantile Bancorp Pretax Income
-42.64M-64.55M-20.69M
Provision for Income Taxes12.24M-12.13M-8.54M
MinorityInterest---3.32M
Investment Gains Losses---
Other Income---
Income Before Extraordinaries & Disc Operations-54.89M-52.42M-8.82M
Extraordinary Items & Discontinued Operations3.93M-7.95M-
Mercantile Bancorp Profit/ Loss (Net Income)
-50.95M-60.38M-8.82M
Average Shares used to compute Diluted EPS8.7M8.7M8.71M
Average Shares used to compute Basic EPS8.7M8.7M8.71M
Income Before Nonrecurring Items-48.56M-21.12M-8.82M
Income from Nonrecurring Items--29.47M-
Mercantile Bancorp Earnings Per Share Basic Net
-5.13-6.73-1.01
Mercantile Bancorp Earnings Per Share Diluted Net
-5.13M-6.73M-1.01M
EPS Diluted Before Nonrecurring Items-5.58-2.43-1.01
Preferred Dividends Acc Pd---
Dividends Common---
Dividend Per Share Common0.000.000.24
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on Mercantile Bancorp stock analysis. An investor must check the following items in an income statement:

  • Topline: A growing topline, as seen from the Mercantile Bancorp revenue chart, as isn't the case with Mercantile Bancorp indicates a sagging business. One needs to compare the YoY topline or sales growth of MBCRQ stock with its peers like IBBI stock and NSFC stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $-50.95M for MBCRQ stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The MBCRQ financials along with Mercantile Bancorp historical stock prices provide a lot of details about the firm.