See more : Zinus, Inc (013890.KS) Income Statement Analysis – Financial Results
Complete financial analysis of West Shore Bank Corp. (WSSH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of West Shore Bank Corp., a leading company in the Banks – Regional industry within the Financial Services sector.
- AeroEdge Co., Ltd. (7409.T) Income Statement Analysis – Financial Results
- Vizsla Silver Corp. (VZLA.V) Income Statement Analysis – Financial Results
- Tokyo Electric Power Company Holdings, Incorporated (TKECF) Income Statement Analysis – Financial Results
- Sankyo Co., Ltd. (6417.T) Income Statement Analysis – Financial Results
- VietNam Holding Limited (VNH.L) Income Statement Analysis – Financial Results
West Shore Bank Corp. (WSSH)
About West Shore Bank Corp.
West Shore Bank Corp. operates as the bank holding company for West Shore Bank that provides various banking products and services for individuals and businesses. The company accepts checking, saving, money market, certificates of deposit, and individual retirement accounts. Its loan products include auto, recreational, personal term, commercial real estate, small business administration, municipal, business term, and home mortgage and equity loans; business lines of credit; and letters of credit. The company also offers ATM/debit, credit, and gift and travel cards; wealth planning process, investment management, trusts and estates, retirement planning, west shore investment services; savings bonds; and direct deposit, overdraft, safe deposit boxes, wire transfer, remote deposit capture, merchant card, ACH and wire, sweep accounts, positive pay, bill pay, and online and mobile banking services. The company was founded in 1898 and is based in Ludington, Michigan.
| Metric | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Revenue | 26.66M | 26.15M | 26.39M | 21.54M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 26.66M | 26.15M | 26.39M | 21.54M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 984.00K | 732.00K | 1.40M | 800.50K |
| Selling & Marketing | 271.00K | 138.00K | 164.00K | 375.80K |
| SG&A | 1.26M | 870.00K | 1.57M | 1.18M |
| Other Expenses | 20.85M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 22.10M | 20.48M | 20.40M | 17.74M |
| Cost & Expenses | 22.10M | 20.48M | 20.40M | 17.74M |
| Interest Income | 23.60M | 19.74M | 19.24M | 18.86M |
| Interest Expense | 1.72M | 1.26M | 2.07M | 2.93M |
| Depreciation & Amortization | 2.03M | 2.18M | 1.88M | 1.04M |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 28.40% | 23.01% | 22.49% |
| Operating Income | 4.31M | 5.25M | 4.19M | 3.80M |
| Operating Income Ratio | 16.16% | 20.07% | 15.88% | 17.65% |
| Total Other Income/Expenses | 0.00 | 0.00 | 0.00 | 3.80M |
| Income Before Tax | 4.31M | 5.25M | 4.19M | 3.80M |
| Income Before Tax Ratio | 16.16% | 20.07% | 15.88% | 17.65% |
| Income Tax Expense | 464.00K | 643.00K | 418.00K | 273.20K |
| Net Income | 3.84M | 4.61M | 3.77M | 3.53M |
| Net Income Ratio | 14.42% | 17.62% | 14.30% | 16.38% |
| EPS | 2.94 | 3.52 | 2.87 | 2.67 |
| EPS Diluted | 2.94 | 3.52 | 2.87 | 2.67 |
| Weighted Avg Shares Out | 1.31M | 1.31M | 1.32M | 1.32M |
| Weighted Avg Shares Out (Dil) | 1.31M | 1.31M | 1.32M | 1.32M |
Source: https://incomestatements.info
Category: Stock Reports