TowneBank (TOWN)

USD 33.82

(2.55%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 675.44 Million 686.37 Million 678.99 Million 662.23 Million 563.24 Million 532 Million
Cost of Revenue -266.14 Million 9.23 Million - - - -
Gross Profit 941.58 Million 677.13 Million 678.99 Million 662.23 Million 563.24 Million 532 Million
Operating Expenses 391.59 Million -440.08 Million -408.81 Million -484.79 Million -391.86 Million -283.23 Million
Selling, General and Administrative Expenses 391.59 Million 279.91 Million 292.26 Million 275.62 Million 261.5 Million 244.07 Million
Research and Development Expenses - - - - - -
Other Expenses - -125.76 Million -701.07 Million -760.42 Million -653.36 Million -527.3 Million
Cost and Expenses 391.59 Million -440.08 Million -408.81 Million -484.79 Million -391.86 Million -283.23 Million
Operating Income 283.84 Million 206.87 Million 270.18 Million 177.43 Million 171.37 Million 248.77 Million
Interest Expense 247.46 Million 56.57 Million 41.08 Million 80.01 Million 109.47 Million 80.75 Million
Income Tax Expense 31.08 Million 46.58 Million 54.79 Million 31.9 Million 32.59 Million 34.22 Million
Earnings before Tax 186.22 Million 237.05 Million 279.83 Million 201.33 Million 176.27 Million 172 Million
Net Income 153.71 Million 188.98 Million 215.38 Million 145.53 Million 138.78 Million 133.79 Million
Earnings Per Share Basic 2.06 2.60 2.97 2.01 1.93 1.88
Earnings Per Share Diluted 2.06 2.60 2.97 2.01 1.92 1.88
Weighted Average Shares Outstanding 74.64 Million 72.55 Million 72.47 Million 72.29 Million 72.06 Million 71.14 Million
Weighted Average Shares Outstanding (Diluted) 74.66 Million 72.57 Million 72.56 Million 72.34 Million 72.18 Million 71.29 Million
Gross Margin 1.39 0.99 1.00 1.00 1.00 1.00
EBIT Margin - 0.34 0.44 0.31 0.36 0.52
Profit Margin 0.23 0.28 0.32 0.22 0.25 0.25
EBITDA - 265.74 Million 310.96 Million 230.39 Million 205.64 Million 200.72 Million
Earnings Before Tax Margin 0.42 0.30 0.40 0.27 0.30 0.47

Income Statement Charts