Towne Bank Annual Income Statement (NASDAQ:TOWN)

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$30.35 $0.55 (1.78%) TOWN stock closing price Jul 27, 2017 (Closing)

Looking at financial statements, along with the Towne Bank stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. 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. 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. 2016 revenue is $409.83M and has increased from $330.15M year on year as is evident when you compare the latest figures in the latest Towne Bank profit and loss statement with those of the prior corresponding period. (See also:Towne Bank assets and Towne Bank free cash flow) Towne Bank revenue for 2016 is $409.83M. 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
409.83M330.15M269.24M------
Cost Of Goods Sold (COGS)22.31M18.86M13.35M------
Towne Bank Gross Profit
387.52M311.29M255.88M------
Research & Development Expense---------
Selling General & Admin Expense273.18M205.18M179.35M-174.9M158.42M145.31M-98.27M
Income Before Depreciation Depletion Amortization114.33M106.1M76.53M------
Depreciation Depletion Amortization---------
Non Operating Income----3M3.68M5.96M--
Interest Expense13.42M13.56M13.42M------
Towne Bank Pretax Income
100.91M92.54M63.1M-53.56M46.04M42.73M-32.64M
Provision for Income Taxes28.69M26.87M18.17M-13.96M12.72M12.45M-8.75M
Minority Interest4.96M3.28M2.76M------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations72.21M65.66M44.93M41.76M39.6M33.32M30.27M26.76M23.89M
Extraordinary Items & Discontinued Operations---------
Towne Bank Net Income (Profit/Loss)
67.25M62.38M42.16M41.76M39.6M33.32M30.27M26.76M23.89M
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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Before investing one should read a report on Towne Bank 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: Towne Bank revenue chart) implies that the company is growing, which has been the case with Towne Bank. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $409.83M - other expenses = $67.25M for TOWN stock. An improving bottomline implies that the company is growing profits.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Towne Bank historical stock prices to check how the price has moved with time. .

Towne Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
25.9400
PS ratio (
price sales ratio
)
4.3050
Operating margin
31.5
Net profit margin
19.1
Dividend yield
1.71%