Palmetto Bancshares Revenue, Profits - PLMT Quarterly Income Statement

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$19.25 $0 (0%) PLMT stock closing price Aug 31, 2015 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Palmetto Bancshares stock price. The income statement is a summary of the revenue or sales, expenses and profitability (shown as Net Income) or lack of it. Like any other income statement, the PLMT income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of $0.1M when compared to the same period in the past. The Palmetto Bancshares profit and loss statement for 2015-Q2 shows a profit of $2.04M. Profits have reduced from $2.73M QoQ. Apart from this an investor should also check Palmetto Bancshares assets and Palmetto Bancshares free cash flow. View details of revenue and profits for Palmetto Bancshares for latest & last 40 quarters

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Fiscal year is Jan - Dec.2015 Q22015 Q12014 Q4
Palmetto Bancshares Net Sales or Revenues
13.63M13.53M13.06M
Cost Of Goods Sold (COGS)0.11M0.1M0.13M
Palmetto Bancshares Gross Profit
13.51M13.42M12.95M
Research & Development Expense---
Selling General & Admin Expense8.47M9.19M7.7M
Income Before Depreciation Depletion Amortization5.04M4.22M5.26M
Depreciation Depletion Amortization---
Non Operating Income1.36M--
Interest Expense0.02M0.03M-
Palmetto Bancshares Pretax Income
3.65M4.19M5.25M
Provision for Income Taxes1.61M1.46M1.94M
Minority Interest---
Investment Gains Losses---
Other Income---
Income Before Extraordinaries & Disc Operations2.04M2.73M3.32M
Extraordinary Items & Discontinued Operations---
Palmetto Bancshares Net Income (Profit/Loss)
2.04M2.73M3.32M
Average Shares used to compute Diluted EPS12.89M12.85M12.76M
Average Shares used to compute Basic EPS12.73M12.72M12.76M
Income Before Nonrecurring Items2.04M2.73M3.32M
Income from Nonrecurring Items---
Palmetto Bancshares Earnings Per Share Basic Net
0.160.210.26
Palmetto Bancshares Earnings Per Share Diluted Net
0.160.210.26
EPS Diluted Before Nonrecurring Items0.160.210.26
Preferred Dividends Acc Pd---
Dividends Common---
Dividend Per Share Common0.080.080.05
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on Palmetto Bancshares stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Palmetto Bancshares revenue chart, as is the case with Palmetto Bancshares indicates a growing business. One needs to compare the QoQ or YoY topline or sales growth of PLMT stock with its peers like SFST stock and FRNK stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like Palmetto Bancshares try to grow their profits 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 statement of revenue and expense. The PLMT financials along with Palmetto Bancshares historical stock prices provide a lot of details about the firm .