WCFB (WCF Bancorp) Net Income: $0.23 Mil (TTM As of Dec. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WCFB WCF Bancorp Inc WCFB
12 GF Score
Price $6.04
View Full Analysis

What is WCF Bancorp Net Income?

WCF Bancorp WCFB -1.67% 12 Net Income is $0.23 Mil as of Dec. 2018. GuruFocus rates WCFB with a GF Score™ of 12/100.

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. WCF Bancorp's Net Income for the six months ended in Dec. 2018 was $0.23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2018 was $0.23 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. WCF Bancorp's Earnings per Share (Diluted) for the six months ended in Dec. 2018 was $0.09.

WCF Bancorp  (OTCPK:WCFB) 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:

WCF Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2018 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2018 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(0.226-0)/2.410
=0.09

* 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.

WCF Bancorp Net Income Related Terms

WCF Bancorp Net Income Historical Data

* Premium members only.

The historical data trend for WCF 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.

WCF Bancorp Net Income Chart

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.39 0.11 -0.12 0.23

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
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 0.89 0.39 0.11 -0.12 0.23
WCFB
12GF Score
WCF Bancorp Inc WCFB
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WCF Bancorp 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

WCF Bancorp's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.248+-0.021+0+-0.001
=0.23

WCF Bancorp's Net Income for the quarter that ended in Dec. 2018 is calculated as

Net Income(Q: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.248+-0.021+0+-0.001
=0.23

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2018 was $0.23 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 $0.23 Mil mean?
WCF Bancorp (WCFB) has a Net Income of $0.23 Mil as of Dec. 2018. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on WCF Bancorp and its competitors.
Is WCF Bancorp's Net Income too high?
WCF Bancorp's current Net Income is $0.23 Mil. Overall, WCF Bancorp has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does WCF Bancorp's Net Income compare to FNFI and LBNW?
WCF Bancorp's Net Income of $0.23 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 WCF Bancorp and its competitors. WCF Bancorp's current Net Income is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WCF Bancorp stock overvalued right now?
WCF Bancorp (WCFB) has a current Net Income of $0.23 Mil. The current Net Income is $0.23 Mil. WCF Bancorp's overall GF Score™ is 12/100. 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 WCF Bancorp (WCFB), the current Net Income is $0.23 Mil as of Dec. 2018. 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.

WCF Bancorp Business Description

Address 401 Fair Meadow Drive, P.O. Box 638, Webster City, IA, USA, 50595
WCF Bancorp Inc is a bank holding company for WCF Financial Bank. The Bank has full-service offices in Webster City, Independence and Tama, Iowa. The primary business activities include accepting deposits from individual, corporate, and public clients and investing those deposits in real estate, agricultural, commercial, and personal loans. Its various banking and financial services and product offerings include credit and debit cards, loans, checking accounts, business loans, agricultural loans, business credit cards, and money market accounts, among others. The Bank provides banking services to its local respective markets.
12GF Score

Get the complete analysis for WCFB

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

$6.04
Price