See more : FinTech Chain Limited (FTC.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Suncrest Bank (SBKK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Suncrest Bank, a leading company in the Banks – Regional industry within the Financial Services sector.
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Suncrest Bank (SBKK)
About Suncrest Bank
Suncrest Bank provides various banking products and services to individual and businesses in California. The company offers business banking products and services, which include checking and savings accounts, money market accounts, and certificates of deposit; commercial real estate loans, working capital lines of credit, equipment financing, construction, small business administration, commercial loans, and small business guaranteed loans, as well as investment real estate loans; cash management services; merchant services; and certificate of deposit registry services. It also offers personal banking products and services, including checking, savings, money market, health savings, and individual retirement accounts; certificates of deposit; debit and credit cards. In addition, the company provides agricultural real estate loans, production finance, equipment finance, and development loans, as well as USDA B and I loans, and farmer mac loans. Further, it offers online and mobile banking, e-statement, online bill pay, ATM, remote and mobile deposit capture, and other services. The company operates through seven full-service branches in Visalia, Porterville, Kingsburg, Fresno, Yuba City, West Sacramento, and Lodi counties in California. Suncrest Bank was founded in 2008 and is based in Visalia, California.
| Metric | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43.49M | 40.11M | 33.74M | 22.29M | 3.67M | 9.41M | 6.41M | 4.95M | 4.50M | 3.91M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 43.49M | 40.11M | 33.74M | 22.29M | 3.67M | 9.41M | 6.41M | 4.95M | 4.50M | 3.91M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 15.67M | 14.44M | 12.70M | 13.79M | 2.65M | 7.77M | 3.52M | 2.82M | 2.58M | 2.52M |
| Selling & Marketing | 831.00K | 882.02K | 634.83K | 0.00 | 0.00 | 170.81K | 174.34K | 162.02K | 69.08K | 77.10K |
| SG&A | 16.50M | 15.32M | 13.33M | 13.79M | 2.65M | 7.94M | 3.69M | 2.98M | 2.65M | 2.60M |
| Other Expenses | -39.30M | -34.33M | -31.13M | -26.94M | -6.03M | -15.72M | -9.36M | -7.29M | -6.32M | -6.47M |
| Operating Expenses | -22.80M | -19.01M | -17.80M | -13.15M | -3.37M | -7.77M | -5.67M | -4.31M | -3.67M | -3.87M |
| Cost & Expenses | -22.80M | -19.01M | -17.80M | -13.15M | -3.37M | -7.77M | -5.67M | -4.31M | -3.67M | -3.87M |
| Interest Income | 44.79M | 43.19M | 34.49M | 23.32M | 3.87M | 9.06M | 6.48M | 5.14M | 4.58M | 4.22M |
| Interest Expense | 3.25M | 4.56M | 2.33M | 1.03M | 208.00K | 387.00K | 448.94K | 400.32K | 413.22K | 426.53K |
| Depreciation & Amortization | 1.40M | 1.41M | 1.15M | 419.00K | 122.00K | 239.00K | 218.30K | 193.06K | 197.33K | 250.46K |
| EBITDA | 22.08M | 22.51M | 17.10M | 9.56M | 621.00K | 2.26M | 1.41M | 1.23M | 1.02M | 284.90K |
| EBITDA Ratio | 50.78% | 56.12% | 50.67% | 42.90% | 16.94% | 24.06% | 22.03% | 24.91% | 22.77% | 7.29% |
| Operating Income | 20.69M | 21.10M | 15.94M | 9.14M | 291.00K | 1.64M | 745.62K | 640.54K | 826.00K | 34.44K |
| Operating Income Ratio | 47.57% | 52.60% | 47.25% | 41.02% | 7.94% | 17.40% | 11.63% | 12.93% | 18.38% | 0.88% |
| Total Other Income/Expenses | -3.25M | -4.56M | -2.33M | -1.03M | 0.00 | 285.00 | 0.00 | 0.00 | -413.22K | -426.53K |
| Income Before Tax | 17.44M | 16.54M | 13.61M | 8.12M | 291.00K | 1.64M | 745.62K | 640.54K | 412.78K | -392.09K |
| Income Before Tax Ratio | 40.10% | 41.24% | 40.33% | 36.42% | 7.94% | 17.41% | 11.63% | 12.93% | 9.18% | -10.04% |
| Income Tax Expense | 4.31M | 4.63M | 3.75M | 4.73M | 181.00K | 729.00K | 350.05K | -2.55M | 800.00 | 800.00 |
| Net Income | 13.13M | 11.91M | 9.86M | 3.39M | 110.00K | 909.00K | 395.57K | 3.19M | 411.98K | -392.89K |
| Net Income Ratio | 30.20% | 29.69% | 29.22% | 15.19% | 3.00% | 9.66% | 6.17% | 64.48% | 9.17% | -10.06% |
| EPS | 1.06 | 0.95 | 0.94 | 0.49 | 0.02 | 0.25 | 0.18 | 1.67 | 0.22 | -0.21 |
| EPS Diluted | 1.06 | 0.95 | 0.94 | 0.49 | 0.02 | 0.25 | 0.18 | 1.66 | 0.22 | -0.21 |
| Weighted Avg Shares Out | 12.44M | 12.47M | 10.48M | 6.98M | 6.98M | 3.70M | 2.20M | 1.91M | 1.91M | 1.91M |
| Weighted Avg Shares Out (Dil) | 12.44M | 12.47M | 10.48M | 6.98M | 6.98M | 3.71M | 2.21M | 1.92M | 1.91M | 1.91M |
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates HBMD, ACBI, SBKK, MSON; Shareholders are Encouraged to Contact the Firm
SUNCREST BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Suncrest Bank - SBKK
Suncrest Bank Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Suncrest Bank Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - SBKK
SHAREHOLDER ALERT: WeissLaw LLP Investigates Suncrest Bank
Shareholder Alert: Ademi LLP investigates whether Suncrest Bank has obtained a Fair Price in its transaction with CVB
Suncrest Bank Reports First Quarter Earnings. EPS increase of 40% and annualized non-PPP loan growth of 11%.
Suncrest Bank to Host Q1 Earnings Webcast April 27, 2021
Suncrest Bank Reports Fourth Quarter and Full Year Earnings. Net Income of $13.1 million.
Suncrest Bank to Host Q4 Earnings Webcast January 28, 2021
Source: https://incomestatements.info
Category: Stock Reports