Primorye Commercial Bank PJSC (MIC:PRMB) Net Income: ₽804 Mil (TTM As of Sep. 2023)


MIC:PRMB Primorye Commercial Bank PJSC MIC:PRMB
17 GF Score
Price ₽19,000.00
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What is Primorye Commercial Bank PJSC Net Income?

Primorye Commercial Bank PJSC MIC:PRMB 17 Net Income is ₽804 Mil as of Sep. 2023. GuruFocus rates MIC:PRMB with a GF Score™ of 17/100.

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. Primorye Commercial Bank PJSC's Net Income for the three months ended in Sep. 2023 was ₽0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₽804 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Primorye Commercial Bank PJSC's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was ₽0.00.

Primorye Commercial Bank PJSC  (MIC:PRMB) 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:

Primorye Commercial Bank PJSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2023 is calculated as

Earnings per Share (Diluted) (Q: Sep. 2023 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(0-0)/0.250
=0.00

* 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.

Primorye Commercial Bank PJSC Net Income Related Terms

Primorye Commercial Bank PJSC Net Income Historical Data

* Premium members only.

The historical data trend for Primorye Commercial Bank PJSC'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.

Primorye Commercial Bank PJSC Net Income Chart

Primorye Commercial Bank PJSC Annual Data
Trend Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 386.42 827.80 504.74 654.51 4,186.72

Primorye Commercial Bank PJSC Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Mar23 Sep23
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 0.00 0.00 0.00 803.92 0.00
MIC:PRMB
17GF Score
Primorye Commercial Bank PJSC MIC:PRMB
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Primorye Commercial Bank PJSC 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

Primorye Commercial Bank PJSC's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5244.878+-1058.159+-26.521+26.521000000001
=4,187

Primorye Commercial Bank PJSC's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0
=0

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽804 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ₽804 Mil mean?
Primorye Commercial Bank PJSC (MIC:PRMB) has a Net Income of ₽804 Mil as of Sep. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Primorye Commercial Bank PJSC and its competitors.
Is Primorye Commercial Bank PJSC's Net Income too high?
Primorye Commercial Bank PJSC's current Net Income is ₽804 Mil. Overall, Primorye Commercial Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Primorye Commercial Bank PJSC's Net Income compare to USB and PNC?
Primorye Commercial Bank PJSC's Net Income of ₽804 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Primorye Commercial Bank PJSC and its competitors. Primorye Commercial Bank PJSC's current Net Income is ₽804 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primorye Commercial Bank PJSC stock overvalued right now?
Primorye Commercial Bank PJSC (MIC:PRMB) has a current Net Income of ₽804 Mil. The current Net Income is ₽804 Mil. Primorye Commercial Bank PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Primorye Commercial Bank PJSC (MIC:PRMB), the current Net Income is ₽804 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Primorye Commercial Bank PJSC Business Description

Address Street Svetlanskaya, d. 47, Vladivostok, RUS, 690091
Primorye Commercial Bank PJSC formerly Primorye PJSCB offers individual and corporate clients with crediting, securities operations, cash and non-cash money transfers, currency exchange, plastic cards and deposits. It also provides financial and banking services for non-resident banks.
17GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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