GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Touchmark Bancshares Inc (OTCPK:TMAK) » Definitions » Net Income

Touchmark Bancshares (Touchmark Bancshares) Net Income : $0.74 Mil (TTM As of Jun. 2012)


View and export this data going back to 2008. Start your Free Trial

What is Touchmark Bancshares 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. Touchmark Bancshares's Net Income for the three months ended in Jun. 2012 was $0.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2012 was $0.74 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Touchmark Bancshares's Earnings per Share (Diluted) for the three months ended in Jun. 2012 was $0.03.


Touchmark Bancshares Net Income Historical Data

The historical data trend for Touchmark Bancshares'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.

Touchmark Bancshares Net Income Chart

Touchmark Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Net Income
-1.39 -3.17 -2.92 -4.03 0.07

Touchmark Bancshares Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 -0.25 -0.05 0.18 0.52 0.10

Touchmark Bancshares 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

Touchmark Bancshares's Net Income for the fiscal year that ended in Dec. 2011 is calculated as

Net Income(A: Dec. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0.068
=0.07

Touchmark Bancshares's Net Income for the quarter that ended in Jun. 2012 is calculated as

Net Income(Q: Jun. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0.095
=0.10

Net Income for the trailing twelve months (TTM) ended in Jun. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.74 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.


Touchmark Bancshares  (OTCPK:TMAK) 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:

Touchmark Bancshares's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2012 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.


Touchmark Bancshares Net Income Related Terms

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


Touchmark Bancshares (Touchmark Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3651 Old Milton Parkway, Alpharetta, GA, USA, 30005
Touchmark Bancshares Inc, through its banking subsidiary, Touchmark National Bank provides banking services to small- to mid-sized commercial, professional, and service companies and consumers. The services offered by the company include acceptance of deposits for demand, savings, commercial, and real estate lending, personal loans, and installment loans. It also provides online banking services, Remote Deposit Capture, credit cards, and merchant services.
Executives
Howard R. Greenfield director 3740 DAVINCI COURT SUITE 150 NORCROSS GA 30092

Touchmark Bancshares (Touchmark Bancshares) Headlines

No Headlines