US Metro Bancorp, Inc. (USMT) Income Statement Analysis

See more : Danske Invest Global Indeks Udb (DKIGI.CO) Income Statement Analysis – Financial Results

Complete financial analysis of US Metro Bancorp, Inc. (USMT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of US Metro Bancorp, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.

You may be interested

US Metro Bancorp, Inc. (USMT)

Industry: Banks - Regional

Sector: Financial Services

Website: https://www.usmetrobank.com

About US Metro Bancorp, Inc.

US Metro Bancorp, Inc. operates as the bank holding company for US Metro Bank that provides various banking services to commercial business and individual consumers. The company's deposit products include checking, savings, money market, and certificate of deposit accounts, as well as treasury management services. It also offers real estate, business term and lines of credit, and small business administration loans, as well as construction and warehouse lending services. In addition, the company provides online and mobile banking, ATM, telebanc, and wire transfer services, as well as safe deposit box and debit card services. As of August 24, 2021, it operated five branches in Southern California; and loan production offices in Dallas, Seattle, New York, and Atlanta. The company was founded in 2006 and is headquartered in Garden Grove, California.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	45.60M	50.89M	46.66M	27.19M	23.51M	19.05M	18.24M	10.24M	8.93M	5.38M	1.63M
Cost of Revenue	-33.97M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	79.57M	50.89M	46.66M	27.19M	23.51M	19.05M	18.24M	10.24M	8.93M	5.38M	1.63M
Gross Profit Ratio	174.50%	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
General & Administrative	24.54M	17.94M	16.43M	11.49M	10.92M	9.38M	7.65M	5.56M	4.40M	3.52M	2.68M
Selling & Marketing	672.24K	429.16K	240.74K	230.26K	389.68K	354.48K	413.03K	145.71K	157.16K	104.92K	49.32K
SG&A	25.22M	17.94M	16.43M	11.49M	10.92M	9.38M	8.06M	5.70M	4.55M	3.63M	2.73M
Other Expenses	0.00	-45.48M	-2.55M	-1.67M	-1.41M	-1.28M	-2.30M	-1.44M	0.00	0.00	0.00
Operating Expenses	25.22M	-27.54M	13.88M	9.82M	9.51M	8.10M	2.30M	1.44M	5.90M	5.06M	3.96M
Cost & Expenses	25.22M	-27.54M	13.88M	9.82M	9.51M	8.10M	12.77M	7.63M	5.90M	5.06M	3.96M
Interest Income	66.31M	45.28M	31.40M	26.05M	24.66M	17.53M	0.00	0.00	0.00	0.00	0.00
Interest Expense	33.54M	7.26M	3.97M	5.49M	6.58M	3.41M	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	691.36K	575.43K	534.47K	487.14K	401.45K	255.58K	177.52K	198.60K	-3.03M	-314.62K	2.33M
EBITDA	15.39M	23.92M	22.17M	7.40M	7.93M	6.08M	5.65M	198.60K	3.26M	-2.38K	0.00
EBITDA Ratio	33.75%	49.48%	50.73%	31.64%	38.93%	31.90%	0.72%	1.94%	0.00%	-0.04%	-1.76%
Operating Income	20.38M	23.34M	21.63M	6.92M	7.53M	5.82M	6.63M	2.62M	3.03M	314.62K	-2.33M
Operating Income Ratio	44.70%	45.87%	46.37%	25.44%	32.02%	30.56%	36.36%	25.56%	33.96%	5.85%	-143.32%
Total Other Income/Expenses	-5.69M	-5.52M	-4.78M	-3.56M	-2.81M	-2.74M	-3.05M	-1.30M	-1.34M	0.00	-1.23M
Income Before Tax	14.70M	23.34M	21.63M	6.92M	7.53M	5.82M	5.48M	2.62M	3.03M	314.62K	-2.33M
Income Before Tax Ratio	32.23%	45.87%	46.37%	25.44%	32.02%	30.56%	30.02%	25.56%	33.96%	5.85%	-143.32%
Income Tax Expense	4.13M	6.50M	5.93M	2.29M	2.29M	1.79M	-1.22M	22.96K	720.00	2.40K	0.00
Net Income	10.62M	16.85M	15.70M	4.63M	5.24M	4.03M	6.70M	2.60M	3.03M	309.84K	-2.36M
Net Income Ratio	23.28%	33.10%	33.66%	17.03%	22.28%	21.17%	36.73%	25.33%	33.95%	5.76%	-145.07%
EPS	0.65	1.03	0.97	0.29	0.32	0.25	0.45	0.32	0.43	0.06	-1.19
EPS Diluted	0.57	1.01	0.96	0.28	0.32	0.24	0.45	0.32	0.43	0.06	-1.19
Weighted Avg Shares Out	16.33M	16.36M	16.23M	16.23M	16.23M	16.23M	14.80M	8.13M	6.99M	5.50M	1.98M
Weighted Avg Shares Out (Dil)	18.49M	16.63M	16.43M	16.30M	16.48M	16.55M	14.90M	8.13M	6.99M	5.50M	1.98M

US Metro Bancorp Announces Second Quarter 2023 Results

July 26, 2023businesswire.com

GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, the Bancorp earned $2.7 million in the second quarter of 2023,...

OTC Markets Group Welcomes US Metro Bancorp to OTCQX

August 24, 2021prnewswire.com

NEW YORK, Aug. 24, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced US Metro Bancorp (OTCQX: USMT), a state-chartered bank engaged in commercial and consumer banking business, has qualified...

US Metro Bancorp Announces Second Quarter 2021 Financial Results

July 20, 2021businesswire.com

GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTC Pink: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the second quarter 2021. As of January 2, 2020, US Metro Bancorp (“Bancorp”),...