Complete financial analysis of Touchstone Bankshares, Inc. (TSBA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Touchstone Bankshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Touchstone Bankshares, Inc. (TSBA)
About Touchstone Bankshares, Inc.
Touchstone Bankshares, Inc. operates as the bank holding company for Touchstone Bank that provides various community banking products and services in the United States. The company offers personal and business savings and checking accounts. It also provides home mortgage, home equity, auto, and personal term loans; personal lines of credit; and business loans comprising commercial real estate, business term, operating capital, and construction loans, as well as business lines of credit. In addition, the company offers online and mobile banking, card, treasury, and financial planning services. It has 13 branches in northern North Carolina and south-central Virginia. The company was founded in 1906 and is headquartered in Prince George, Virginia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.38M | 26.74M | 24.55M | 23.81M | 23.66M | 21.73M | 13.42M | 10.97M | 10.58K | 10.59K | 10.41K | 7.94M | 1.70M | 7.26M | 7.02M | 6.77M | 6.56M | 5.75M | 1.42M |
| Cost of Revenue | 8.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 14.78M | 26.74M | 24.55M | 23.81M | 23.66M | 21.73M | 13.42M | 10.97M | 10.58K | 10.59K | 10.41K | 7.94M | 1.70M | 7.26M | 7.02M | 6.77M | 6.56M | 5.75M | 1.42M |
| Gross Profit Ratio | 63.21% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.77M | 812.00K | 716.00K | 628.00K | 492.00K | 0.00 | 1.03K | 1.00K | 1.02K | 944.85 | 868.04 | 4.14M | 3.39M | 3.35M | 3.20M | 3.01M | 2.83M | 2.46M | 0.00 |
| Selling & Marketing | 13.87K | 12.99K | 10.88K | 10.44K | 10.94K | 0.00 | 5.92K | 5.61K | 5.84K | 5.94K | 5.69K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 16.84M | 812.00K | 716.00K | 628.00K | 492.00K | 9.94K | 6.95K | 6.62K | 6.87K | 6.88K | 6.56K | 4.14M | 3.39M | 3.35M | 3.20M | 3.01M | 2.83M | 2.46M | 0.00 |
| Other Expenses | -6.99M | -5.60M | -5.96M | -5.01M | -4.93M | -7.06M | 0.00 | -2.11M | 0.00 | 0.00 | 0.00 | -10.38M | -3.25M | -8.77M | -8.28M | -7.95M | -7.45M | -6.57M | -916.00K |
| Operating Expenses | 21.53M | 5.60M | 5.96M | 5.01M | 4.93M | 7.06M | 10.00K | 2.11M | 8.09K | 7.95K | 7.96K | -6.24M | 145.75K | -5.42M | -5.09M | -4.95M | -4.62M | -4.11M | -916.00K |
| Cost & Expenses | 21.53M | 22.09M | 19.40M | 21.09M | 19.60M | 20.15M | 11.68M | 8.48M | 8.09K | 7.95K | 7.96K | -6.24M | 145.75K | -5.42M | -5.09M | -4.95M | -4.62M | -4.11M | -916.00K |
| Interest Income | 0.00 | 23.08M | 21.01M | 20.95M | 20.55M | 18.84M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.02M | 9.85M | 9.12M | 7.88M | 7.09M | 6.61M | 6.98M | 6.17M |
| Interest Expense | 0.00 | 2.48M | 2.21M | 3.09M | 3.41M | 2.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.95M | 4.03M | 3.33M | 2.29M | 1.74M | 1.62M | 2.11M | 2.50M |
| Depreciation & Amortization | -2.19M | 1.17M | 1.24M | 1.27M | 1.30M | -1.58K | -3.20K | 575.08K | -2.57K | -2.62K | -2.69K | 501.57K | 447.75K | 472.65K | 476.60K | 472.30K | 453.31K | 398.86K | 0.00 |
| EBITDA | -352.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.79M | -92.78 | -99.57 | 9.75 | -249.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 505.00K |
| EBITDA Ratio | -1.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.01% | 0.00% | -0.94% | 0.09% | -2.40% | 27.67% | 134.81% | 31.83% | 34.28% | 33.93% | 36.41% | 35.47% | 35.54% |
| Operating Income | 2.19M | 4.78K | 5.66K | 2.94K | 4.17K | 1.58K | 3.20K | 2.57K | 2.57K | 2.62K | 2.69K | 1.70M | 1.85M | 1.84M | 1.93M | 1.83M | 1.93M | 1.64M | 505.00K |
| Operating Income Ratio | 9.36% | 0.02% | 0.02% | 0.01% | 0.02% | 0.01% | 0.02% | 0.02% | 24.32% | 24.73% | 25.85% | 21.35% | 108.55% | 25.32% | 27.49% | 26.96% | 29.49% | 28.54% | 35.54% |
| Total Other Income/Expenses | -343.00K | 4.56M | 5.47M | 2.72M | 4.03M | -7.11M | -3.05M | -1.28M | 2.48M | 2.64M | 2.45M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 1.85M | 4.56M | 5.47M | 2.72M | 4.03M | 1.53M | 1.74M | 2.49M | 2.48K | 2.64K | 2.45K | 1.70M | 1.85M | 1.84M | 1.93M | 1.83M | 1.93M | 1.64M | 505.00K |
| Income Before Tax Ratio | 7.90% | 17.05% | 22.28% | 11.44% | 17.03% | 7.06% | 12.96% | 22.70% | 23.47% | 24.91% | 23.54% | 21.35% | 108.55% | 25.32% | 27.49% | 26.96% | 29.49% | 28.54% | 35.54% |
| Income Tax Expense | 238.00K | 509.00K | 1.02M | 435.00K | 743.00K | 286.81K | 411.33K | 765.88K | 762.69 | 759.54 | 751.61 | 442.83K | 557.59K | 570.59K | 605.65K | 576.54K | 633.33K | 525.48K | -445.00K |
| Net Income | 1.60M | 4.05M | 4.45M | 2.29M | 3.29M | 1.25M | 1.33M | 1.72M | 1.71K | 1.87K | 1.69K | 1.25M | 1.29M | 1.27M | 1.32M | 1.25M | 1.30M | 1.12M | 950.00K |
| Net Income Ratio | 6.84% | 15.15% | 18.12% | 9.61% | 13.89% | 5.74% | 9.90% | 15.72% | 16.17% | 17.65% | 16.23% | 15.77% | 75.84% | 17.46% | 18.86% | 18.44% | 19.83% | 19.40% | 66.85% |
| EPS | 0.49 | 1.24 | 1.33 | 0.69 | 0.99 | 0.38 | 0.64 | 0.91 | 0.89 | 0.97 | 0.88 | 0.65 | 0.67 | 0.66 | 0.69 | 0.65 | 0.67 | 0.74 | 0.70 |
| EPS Diluted | 0.49 | 1.23 | 1.32 | 0.68 | 0.98 | 0.37 | 0.63 | 0.90 | 0.89 | 0.97 | 0.88 | 0.65 | 0.67 | 0.66 | 0.69 | 0.65 | 0.67 | 0.74 | 0.70 |
| Weighted Avg Shares Out | 3.26M | 3.25M | 3.33M | 3.33M | 3.32M | 3.31M | 2.09M | 1.90M | 1.92K | 1.93K | 1.92K | 1.93M | 1.93M | 1.92M | 1.92M | 1.92M | 1.93M | 1.51M | 1.36M |
| Weighted Avg Shares Out (Dil) | 3.27M | 3.28M | 3.36M | 3.36M | 3.35M | 3.34M | 2.12M | 1.93M | 1.93K | 1.93K | 1.93K | 1.93M | 1.93M | 1.93M | 1.93M | 1.93M | 1.93M | 1.51M | 1.36M |
Touchstone Bankshares, Inc. Reports Financial Results for the Second Quarter 2024
PRINCE GEORGE, Va. , July 31, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), and its wholly owned subsidiary, Touchstone Bank (the "Bank"), reported unaudited results for the three and six months ended June 30, 2024.
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Touchstone Bankshares, Inc. - TSBA
NEW YORK , July 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are...
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Touchstone Bankshares, Inc. - TSBA
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are...
FIRST NATIONAL CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of First National Corporation (“the Company”) (NasdaqCM: FXNC) and Touchstone Bankshares, Inc....
Shareholder Alert: Ademi LLP investigates whether Touchstone Bankshares, Inc. has obtained a Fair Price in its transaction with First National Corporation
MILWAUKEE , March 28, 2024 /PRNewswire/ -- Ademi LLP is investigating Touchstone (OTCPK: TSBA) for possible breaches of fiduciary duty and other violations of law in its transaction with First National Corporation. Click here to learn how to join the https://www.ademilaw.com/case/touchstone-bankshares-inc...
FIRST NATIONAL CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of First National Corporation (“the Company”) (NasdaqCM: FXNC) and Touchstone Bankshares, Inc....
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Touchstone Bankshares, Inc. - TSBA
NEW YORK , March 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are...
Touchstone Bankshares Reports Financial Results for the Fourth Quarter and Full Year 2023
PRINCE GEORGE, Va. , Jan. 30, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), and its wholly owned subsidiary, Touchstone Bank (the "Bank"), reported preliminary, unaudited results for the three and twelve months ended December 31, 2023.
Touchstone Bank Names Adam Sothen Executive Vice President and Chief Financial Officer
PRINCE GEORGE, Va. , Jan. 5, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA) and its wholly owned subsidiary Touchstone Bank (the "Bank"), today announced the appointment of Adam Sothen as Executive Vice President and Chief Financial Officer.
Touchstone Bankshares Announces Annual Cash Dividend
PRINCE GEORGE, Va. , Dec. 14, 2023 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), announced today the Board of Directors has declared an annual cash dividend of $0.32 per share for Touchstone Bankshares, Inc. common and preferred...
Source: https://incomestatements.info
Category: Stock Reports