US Financial 15 Split (TSX:FTU) Net Income: C$3.32 Mil (TTM As of May. 2026)

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TSX:FTU US Financial 15 Split Corp TSX:FTU
33 GF Score
Price C$0.70
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What is US Financial 15 Split Net Income?

US Financial 15 Split TSX:FTU 33 Net Income is C$3.32 Mil as of May. 2026. GuruFocus rates TSX:FTU with a GF Score™ of 33/100.

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. US Financial 15 Split's Net Income for the six months ended in May. 2026 was C$1.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2026 was C$3.32 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. US Financial 15 Split's Earnings per Share (Diluted) for the six months ended in May. 2026 was C$0.24.


US Financial 15 Split  (TSX:FTU) 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:

US Financial 15 Split's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2026 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.


US Financial 15 Split Net Income Related Terms


US Financial 15 Split Net Income Historical Data

* Premium members only.

The historical data trend for US Financial 15 Split'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.

US Financial 15 Split Net Income Chart

US Financial 15 Split Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 -0.61 -1.25 5.91 1.39

US Financial 15 Split Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 2.28 3.63 -0.86 2.24 1.08
TSX:FTU
33GF Score
US Financial 15 Split Corp TSX:FTU
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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US Financial 15 Split 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

US Financial 15 Split's Net Income for the fiscal year that ended in Nov. 2025 is calculated as

Net Income(A: Nov. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.387+0+0+0
=1.39

US Financial 15 Split's Net Income for the quarter that ended in May. 2026 is calculated as

Net Income(Q: May. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.08+0+0+0
=1.08

Net Income for the trailing twelve months (TTM) ended in May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$3.32 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 C$3.32 Mil mean?
US Financial 15 Split (TSX:FTU) has a Net Income of C$3.32 Mil as of May. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on US Financial 15 Split and its competitors.
Is US Financial 15 Split's Net Income too high?
US Financial 15 Split's current Net Income is C$3.32 Mil. Overall, US Financial 15 Split has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does US Financial 15 Split's Net Income compare to BLK and BX?
US Financial 15 Split's Net Income of C$3.32 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Net Income depends on the Asset Management 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 US Financial 15 Split and its competitors. US Financial 15 Split's current Net Income is C$3.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Financial 15 Split stock overvalued right now?
US Financial 15 Split (TSX:FTU) has a current Net Income of C$3.32 Mil. The current Net Income is C$3.32 Mil. US Financial 15 Split's overall GF Score™ is 33/100. 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 US Financial 15 Split (TSX:FTU), the current Net Income is C$3.32 Mil as of May. 2026. 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.

US Financial 15 Split Business Description

Other Exchanges FTU.PR.B.PFD:Canada
Address 200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
US Financial 15 Split Corp is a mutual fund corporation. Company invests in an actively managed portfolio of common shares comprised primary of large capitalization U.S. financial services companies. The Company employs an active covered call writing program to enhance the income earned from the portfolio.
33GF 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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