GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lakeside Bancshares Inc LA (OTCPK:LKSB) » Definitions » Net Income

Lakeside Bancshares LA (Lakeside Bancshares LA) Net Income : $0.00 Mil (TTM As of . 20)


View and export this data going back to 2018. Start your Free Trial

What is Lakeside Bancshares LA 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. Lakeside Bancshares LA's Net Income for the six months ended in . 20 was $0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Lakeside Bancshares LA's Earnings per Share (Diluted) for the six months ended in . 20 was $.


Lakeside Bancshares LA Net Income Historical Data

The historical data trend for Lakeside Bancshares LA'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.

Lakeside Bancshares LA Net Income Chart

Lakeside Bancshares LA Annual Data
Trend
Net Income

Lakeside Bancshares LA Semi-Annual Data
Net Income

Lakeside Bancshares LA 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

Lakeside Bancshares LA's Net Income for the fiscal year that ended in . 20 is calculated as

Net Income(A: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

Lakeside Bancshares LA's Net Income for the quarter that ended in . 20 is calculated as

Net Income(Q: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in . 20 was $0.00 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.


Lakeside Bancshares LA  (OTCPK:LKSB) 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:

Lakeside Bancshares LA's Earnings per Share (Diluted) (EPS) for the quarter that ended in . 20 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.


Lakeside Bancshares LA Net Income Related Terms

Thank you for viewing the detailed overview of Lakeside Bancshares LA's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeside Bancshares LA (Lakeside Bancshares LA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4735 Nelson Road, P.O Box 4140, Lake Charles, LA, USA, 70606
Lakeside Bancshares Inc LA provides personal and business banking services. It offers a broad range of traditional and online banking services to commercial, small business and retail customers, providing a variety of transaction and saving deposit products, secured and unsecured loan products (including revolving credit facilities), and letters of credit and similar financial guarantees.

Lakeside Bancshares LA (Lakeside Bancshares LA) Headlines

No Headlines