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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Net Income : $2.68 Mil (TTM As of Jun. 2015)


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What is Bank of Botetourt Buchanan VA Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bank of Botetourt Buchanan VA's Net Income for the six months ended in Jun. 2015 was $1.41 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2015 was $2.68 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bank of Botetourt Buchanan VA's Earnings per Share (Diluted) for the six months ended in Jun. 2015 was $0.90.


Bank of Botetourt Buchanan VA Net Income Historical Data

The historical data trend for Bank of Botetourt Buchanan VA's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of Botetourt Buchanan VA Net Income Chart

Bank of Botetourt Buchanan VA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 -0.12 -2.92 1.98 2.39

Bank of Botetourt Buchanan VA Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Dec13 Jun14 Dec14 Jun15
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.47 - 1.12 1.27 1.41

Bank of Botetourt Buchanan VA Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bank of Botetourt Buchanan VA's Net Income for the fiscal year that ended in Dec. 2014 is calculated as

Net Income(A: Dec. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.538+-1.148+0+4.4408920985006E-16
=2.39

Bank of Botetourt Buchanan VA's Net Income for the quarter that ended in Jun. 2015 is calculated as

Net Income(Q: Jun. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.096+-0.691+0+-2.2204460492503E-16
=1.41

Net Income for the trailing twelve months (TTM) ended in Jun. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.68 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of Botetourt Buchanan VA  (OTCPK:BORT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bank of Botetourt Buchanan VA's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2015 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bank of Botetourt Buchanan VA Net Income Related Terms

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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Business Description

Traded in Other Exchanges
N/A
Address
19747 Main Street, P.O. Box 339, Buchanan, VA, USA, 24066
Bank of Botetourt Buchanan VA is a banking institution. The bank offers a range of personal banking and business banking services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, cash management, online banking, bill pay, eStatements, mobile banking, insurance services, merchant services, visa card options, visa check card, convenience services, identity theft protection, and financial services. It offers a range of lending solutions, including personal lending, business lending, and mortgage lending.
Executives
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030

Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Headlines

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