Mid Historical Income Statement
MPB Stock | USD 31.65 0.20 0.64% |
Historical analysis of Mid Penn income statement accounts such as Total Revenue of 248.2 M can show how well Mid Penn Bancorp performed in making a profits. Evaluating Mid Penn income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mid Penn's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mid Penn Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mid Penn Bancorp is a good buy for the upcoming year.
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About Mid Income Statement Analysis
Mid Penn Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mid Penn shareholders. The income statement also shows Mid investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Mid Penn Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mid Penn Bancorp minus its cost of goods sold. It is profit before Mid Penn operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mid Penn Bancorp. It is also known as Mid Penn overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Mid Penn's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mid Penn Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, Mid Penn's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 248.2 M, whereas Depreciation And Amortization is forecasted to decline to about 1.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 14.8M | 17.8M | 89.4M | 93.8M | Depreciation And Amortization | 6.4M | 6.5M | 1.8M | 1.4M |
Mid Penn income statement Correlations
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Mid Penn income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.4M | 6.5M | 6.4M | 6.5M | 1.8M | 1.4M | |
Interest Expense | 25.2M | 19.7M | 14.8M | 17.8M | 89.4M | 93.8M | |
Selling General Administrative | 38.2M | 45.3M | 49.9M | 54.2M | 2.9M | 2.8M | |
Total Revenue | 82.8M | 103.8M | 127.6M | 169.3M | 236.3M | 248.2M | |
Gross Profit | 82.8M | 103.8M | 127.6M | 169.3M | 236.3M | 248.2M | |
Other Operating Expenses | 61.4M | 72.4M | 91.5M | 2.8M | 2.9M | 2.8M | |
Operating Income | 21.4M | 31.3M | 36.1M | 91.3M | 44.7M | 46.9M | |
Ebit | 21.4M | 31.3M | 34.4M | 67.3M | 44.7M | 46.9M | |
Ebitda | 22.9M | 37.8M | 40.7M | 73.8M | 44.7M | 22.7M | |
Total Operating Expenses | (61.4M) | (72.4M) | (91.5M) | 2.8M | 2.9M | 3.1M | |
Income Before Tax | 21.4M | 31.3M | 36.1M | 67.3M | 44.7M | 46.9M | |
Net Income | 17.7M | 26.2M | 29.3M | 54.8M | 37.4M | 39.3M | |
Income Tax Expense | 3.7M | 5.1M | 6.7M | 12.5M | 7.3M | 7.7M | |
Selling And Marketing Expenses | 1.0M | 906K | 542K | 71.8M | 82.6M | 86.7M | |
Total Other Income Expense Net | 21.4M | (17.5M) | (32.5M) | (25.6M) | 44.7M | 46.9M | |
Net Income Applicable To Common Shares | 17.7M | 26.2M | 29.3M | 54.8M | 63.0M | 66.2M | |
Net Income From Continuing Ops | 17.7M | 26.2M | 29.3M | 54.8M | 41.0M | 43.1M | |
Tax Provision | 3.7M | 5.1M | 6.7M | 12.5M | 8.6M | 5.8M | |
Net Interest Income | 70.1M | 88.2M | 108.6M | 147.8M | 148.6M | 88.4M | |
Interest Income | 95.3M | 107.9M | 123.3M | 165.6M | 217.0M | 109.8M | |
Reconciled Depreciation | 6.1M | 6.5M | 6.4M | 2.0M | 8.6M | 5.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid Penn. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid Penn listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.328 | Dividend Share 0.8 | Earnings Share 2.91 | Revenue Per Share 10.457 | Quarterly Revenue Growth 0.1 |
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.