See more : M-Resources Group Limited (8186.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Select Bancorp, Inc. (SLCT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Select Bancorp, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Select Bancorp, Inc. (SLCT)
About Select Bancorp, Inc.
Select Bancorp, Inc. operates as a bank holding company. The company is headquartered in Dunn, North Carolina and currently employs 205 full-time employees. The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. The Bank's lending activities are oriented to the consumer/retail customer, as well as to the small-to-medium sized businesses located in central and eastern North Carolina. The Bank offers commercial, consumer and mortgage lending products. The company originates construction loans for the purpose of acquisition, development and construction of both residential and commercial properties (ADC loans). The Bank's deposits include savings, negotiable order of withdrawal (NOW) account and money market deposits, time deposits and non-interest-bearing deposits.
| Metric | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 58.57M | 52.31M | 52.09M | 37.58M | 34.20M | 33.09M | 24.26M | 20.27M | 21.54M | 24.78M | 26.61M | 23.01M | 20.27M | 24.82M | 22.92M | 17.09M | 11.91M | 7.29M | 1.60M | 1.07M |
| Cost of Revenue | 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 | 0.00 |
| Gross Profit | 58.57M | 52.31M | 52.09M | 37.58M | 34.20M | 33.09M | 24.26M | 20.27M | 21.54M | 24.78M | 26.61M | 23.01M | 20.27M | 24.82M | 22.92M | 17.09M | 11.91M | 7.29M | 1.60M | 1.07M |
| Gross Profit Ratio | 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% | 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 | 0.00 |
| General & Administrative | 28.05M | 23.95M | 22.30M | 17.17M | 15.17M | 14.62M | 12.14M | 9.85M | 10.51M | 11.34M | 11.00M | 10.19M | 10.25M | 9.01M | 8.18M | 5.48M | 4.05M | 2.91M | 1.64M | 0.00 |
| Selling & Marketing | 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 | 385.00K | 356.00K | 0.00 | 0.00 | 126.00K | 0.00 | 0.00 |
| SG&A | 28.05M | 23.95M | 22.30M | 17.17M | 15.17M | 14.62M | 12.14M | 9.85M | 10.51M | 11.34M | 11.00M | 10.19M | 10.25M | 9.40M | 8.54M | 5.48M | 4.05M | 3.04M | 1.64M | 0.00 |
| Other Expenses | -65.48M | 23.05M | 19.70M | 14.83M | 12.83M | 11.38M | 10.86M | 10.15M | 10.49M | 22.66M | 34.01M | 34.81M | 28.76M | 33.60M | 24.46M | 15.52M | -7.51M | -5.71M | 874.00K | 2.04M |
| Operating Expenses | -37.43M | 47.00M | 42.00M | 32.00M | 28.00M | 26.00M | 23.00M | 20.00M | 21.00M | 34.00M | 45.00M | 45.00M | 39.00M | 43.00M | 33.00M | 21.00M | -3.46M | -2.68M | 2.51M | 2.04M |
| Cost & Expenses | -37.43M | 47.00M | 42.00M | 32.00M | 28.00M | 26.00M | 23.00M | 20.00M | 21.00M | 34.00M | 45.00M | 45.00M | 39.00M | 43.00M | 33.00M | 21.00M | -3.46M | -2.68M | 2.51M | 2.04M |
| Interest Income | 63.21M | 58.45M | 56.84M | 39.62M | 34.71M | 33.34M | 26.10M | 22.90M | 25.13M | 30.38M | 33.61M | 33.03M | 35.23M | 41.60M | 35.81M | 24.68M | 15.41M | 9.27M | 7.13M | 5.19M |
| Interest Expense | 10.76M | 11.56M | 9.45M | 5.11M | 3.73M | 3.54M | 4.52M | 5.26M | 6.63M | 8.43M | 9.68M | 13.12M | 17.37M | 20.65M | 16.17M | 10.09M | 5.19M | 3.22M | 2.76M | 2.38M |
| Depreciation & Amortization | 3.39M | 3.61M | 2.75M | 1.55M | 1.52M | 1.59M | 1.08M | 638.00K | 696.00K | 812.00K | 905.00K | 970.00K | 753.00K | 618.00K | 552.00K | 392.00K | 305.00K | 290.00K | 240.00K | 0.00 |
| EBITDA | 24.53M | 31.89M | 29.90M | 15.56M | 15.66M | 15.10M | 9.40M | 10.64M | 14.79M | 8.69M | 2.35M | 5.58M | 17.69M | 23.88M | 23.05M | 16.27M | 8.76M | 4.91M | 4.36M | 3.10M |
| EBITDA Ratio | 41.88% | 60.97% | 57.40% | 41.39% | 45.78% | 45.63% | 38.73% | 52.48% | 68.65% | 35.07% | 8.82% | 24.24% | 87.30% | 96.24% | 100.54% | 95.20% | 73.52% | 67.30% | 271.68% | 291.18% |
| Operating Income | 21.14M | 28.29M | 27.14M | 14.00M | 14.13M | 13.51M | 8.31M | 10.00M | 14.09M | 7.88M | 1.44M | 4.61M | 16.94M | 23.27M | 22.50M | 15.87M | 8.45M | 4.62M | 4.12M | 3.10M |
| Operating Income Ratio | 36.09% | 54.08% | 52.11% | 37.26% | 41.33% | 40.84% | 34.27% | 49.33% | 65.41% | 31.79% | 5.42% | 20.03% | 83.58% | 93.75% | 98.13% | 92.91% | 70.96% | 63.33% | 256.71% | 291.18% |
| Total Other Income/Expenses | -10.76M | -11.56M | -9.45M | -5.11M | -3.73M | -3.54M | -4.52M | -5.26M | -6.63M | -8.43M | -9.68M | -13.12M | -17.37M | -20.65M | -16.17M | -10.09M | -5.19M | -3.22M | -2.76M | -2.38M |
| Income Before Tax | 10.38M | 16.73M | 17.69M | 8.90M | 10.40M | 9.97M | 3.79M | 4.74M | 7.46M | -548.00K | -8.24M | -8.52M | -432.00K | 2.61M | 6.33M | 5.79M | 3.27M | 1.40M | 1.36M | 729.00K |
| Income Before Tax Ratio | 17.72% | 31.98% | 33.97% | 23.67% | 30.41% | 30.13% | 15.64% | 23.40% | 34.63% | -2.21% | -30.96% | -37.01% | -2.13% | 10.53% | 27.61% | 33.86% | 27.42% | 19.22% | 84.53% | 68.39% |
| Income Tax Expense | 2.22M | 3.70M | 3.91M | 5.71M | 3.65M | 3.42M | 1.44M | 1.80M | 2.82M | -385.00K | -3.28M | -73.00K | -239.00K | 953.00K | 2.36M | 2.16M | 1.17M | 496.00K | 497.00K | 136.00K |
| Net Income | 8.16M | 13.04M | 13.78M | 3.19M | 6.75M | 6.55M | 2.36M | 2.94M | 4.64M | -163.00K | -4.96M | -8.44M | -193.00K | 1.66M | 3.97M | 3.62M | 2.09M | 906.00K | 858.00K | 593.00K |
| Net Income Ratio | 13.94% | 24.92% | 26.46% | 8.47% | 19.75% | 19.80% | 9.72% | 14.51% | 21.53% | -0.66% | -18.62% | -36.69% | -0.95% | 6.69% | 17.32% | 21.19% | 17.58% | 12.42% | 53.52% | 55.63% |
| EPS | 0.47 | 0.68 | 0.87 | 0.27 | 0.58 | 0.57 | 0.27 | 0.43 | 0.67 | -0.02 | -0.72 | -1.24 | -0.03 | 0.25 | 0.69 | 0.72 | 0.42 | 0.22 | 0.26 | 0.24 |
| EPS Diluted | 0.47 | 0.68 | 0.87 | 0.27 | 0.58 | 0.57 | 0.26 | 0.43 | 0.67 | -0.02 | -0.72 | -1.24 | -0.03 | 0.24 | 0.65 | 0.66 | 0.39 | 0.21 | 0.25 | 0.24 |
| Weighted Avg Shares Out | 17.42M | 19.06M | 15.88M | 11.76M | 11.61M | 11.50M | 8.87M | 6.92M | 6.90M | 6.89M | 6.88M | 6.83M | 6.81M | 6.60M | 5.78M | 5.06M | 5.04M | 4.15M | 3.34M | 2.45M |
| Weighted Avg Shares Out (Dil) | 17.42M | 19.06M | 15.88M | 11.83M | 11.66M | 11.57M | 8.97M | 6.92M | 6.90M | 6.89M | 6.88M | 6.83M | 6.81M | 6.84M | 6.12M | 5.48M | 5.32M | 4.31M | 3.42M | 2.45M |
Shareholder Alert: Ademi LLP investigates whether Select Bancorp, Inc. has obtained a Fair Price in its transaction with First Bancorp
MILWAUKEE, June 2, 2021 /PRNewswire/ -- Ademi LLP is investigating Select (Nasdaq: SLCT) for possible breaches of fiduciary duty and other violations of law in its transaction with First Bancorp. Click here to learn how to join the action: https://www.ademilaw.com/case/select-bancorp-inc or call...
First Bancorp to Acquire Select Bancorp, Inc.
SOUTHERN PINES, N.C. and DUNN, N.C.
Can Select Bancorp (SLCT) Run Higher on Rising Earnings Estimates?
Select Bancorp (SLCT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here's Why "Trend" Investors Would Love Betting on Select Bancorp (SLCT)
Select Bancorp (SLCT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Can the Uptrend Continue for Select Bancorp (SLCT)?
As of late, it has definitely been a great time to be an investor of Select Bancorp (SLCT)
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Select Bancorp (SLCT) Moves 5.6% Higher: Will This Strength Last?
Select Bancorp (SLCT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Select Bancorp (SLCT) Beats Q1 Earnings and Revenue Estimates
Select Bancorp (SLCT) delivered earnings and revenue surprises of 44.00% and 4.22%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Select Bancorp Reports First Quarter 2021 Earnings
DUNN, N.C., April 28, 2021 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended March 31, 2021 of $6.3 million with basic...
Select Bancorp (SLCT) to Report Q1 Results: Wall Street Expects Earnings Growth
Select Bancorp (SLCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
Category: Stock Reports