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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. Consumers Bancorp's Net Income for the three months ended in Sep. 2024 was $2.24 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $8.41 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Consumers Bancorp's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $0.72.
The historical data trend for Consumers Bancorp'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.
Consumers Bancorp Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Net Income | Get a 7-Day Free Trial | 5.53 | 8.99 | 11.19 | 10.67 | 8.58 |
Consumers Bancorp Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Income | Get a 7-Day Free Trial | 2.41 | 2.02 | 2.05 | 2.10 | 2.24 |
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
Consumers Bancorp's Net Income for the fiscal year that ended in Jun. 2024 is calculated as
Net Income | (A: Jun. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 10.425 | + | -1.845 | + | 0 | + | 0 |
= | 8.58 |
Consumers Bancorp's Net Income for the quarter that ended in Sep. 2024 is calculated as
Net Income | (Q: Sep. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 2.716 | + | -0.48 | + | 0 | + | 0 |
= | 2.24 |
Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.41 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.
Consumers Bancorp (OTCPK:CBKM) 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:
Consumers Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as
Earnings per Share (Diluted) (Q: Sep. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (2.236 | - | 0) | / | 3.120 | |
= | 0.72 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Consumers Bancorp's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Laurie L Mcclellan | director, 10 percent owner, officer: CHAIRMAN OF BOD | 28 TEPEE DR, MINERVA OH 44644 |
Kiko Richard T Jr | director | 103 OVERWOOD RD, AKRON OH 44313 |
Lober Ralph J Ii | director, officer: CEO/President | 9084 EMERALD ISLE ST NW, CANAL FULTON OH 44614 |
John W Parkinson | director | 199 ORLANDO MANOR, WINTERSVILLE OH 43953 |
Scott E Dodds | officer: EVP, Senior Loan Officer | 2669 MT PLEASANT ST NE, NORTH CANTON OH 44721 |
Derek G Williams | officer: SVP, Training & Sales Develop | 1221 CENTURY HILL STREET, LOUISVILLE OH 44641-2720 |
Frank L Paden | director | 7465 JAGUAR DR, BOARDMAN OH 44512 |
Bradley Goris | director | 3075 SOUTH UNION AVE, ALLIANCE OH 44601-5362 |
Shawna L'italien | director | 617 BRICKER FARMS LANE, SALEM OH 44460 |
Suzanne N Mikes | officer: VP, Chief Credit Officer | 4028 TROON DR, UNIONTOWN OH 44685 |
Renee Wood | officer: Chief Financial Officer | 1025 40TH STREET NE, CANTON OH 44714 |
Ann M Gano | director | 2053 MAY VALLEY RD SW, NEW PHILADELPHIA OH 44663 |
Schmuck Harry W Jr | director | 7200 RAVENNA AVE, LOUISVILLE OH 44641 |
John P/ Furey | director | 8050 AVALON RD NW, MALVERN OH 44644 |
Kimberly K Chuckalovchak | officer: SVP, Chief Information Officer | 10020 LINDEN RD NW, MINERVA OH 44657 |
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