IROQ Historical Income Statement

IROQ Stock

USD 21.79 0.19 0.88%

Historical analysis of IF Bancorp income statement accounts such as Selling General Administrative of 11.4 M or Selling And Marketing Expenses of 428.2 K can show how well IF Bancorp performed in making a profits. Evaluating IF Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IF Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining IF Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IF Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.

About IROQ Income Statement Analysis

IF Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to IF Bancorp shareholders. The income statement also shows IROQ investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

IF Bancorp Income Statement Chart

At this time, IF Bancorp's Net Interest Income is relatively stable compared to the past year.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts IF Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of IF Bancorp minus its cost of goods sold. It is profit before IF Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IF Bancorp. It is also known as IF Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from IF Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IF Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.At this time, IF Bancorp's Net Interest Income is relatively stable compared to the past year.

	2021	2022	2024 (projected)
Interest Expense	2.5M	10.1M	24.4M
Depreciation And Amortization	675K	663K	540.0K

Interest Expense Depreciation And Amortization

IF Bancorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.34	0.84	0.75	0.79	0.79	0.26	-0.35	-0.42	-0.39	0.13	0.25	0.58	0.42	-0.18	0.48	-0.39	0.7	0.73	0.93
Interest Expense	0.34		0.25	0.2	0.08	0.09	0.5	-0.65	-0.62	-0.61	0.69	-0.62	0.45	-0.47	-0.71	-0.45	-0.87	0.25	0.77	0.54
Selling General Administrative	0.84	0.25		0.64	0.87	0.87	0.35	-0.45	-0.55	-0.52	0.11	0.17	0.58	0.32	-0.2	0.42	-0.25	0.74	0.66	0.77
Selling And Marketing Expenses	0.75	0.2	0.64		0.7	0.7	0.32	-0.2	-0.21	-0.18	-0.21	0.27	0.51	0.3	0.11	0.4	-0.16	0.55	0.53	0.7
Total Revenue	0.79	0.08	0.87	0.7		1.0	0.14	-0.24	-0.34	-0.31	-0.01	0.54	0.53	0.62	0.2	0.7	-0.04	0.86	0.51	0.75
Gross Profit	0.79	0.09	0.87	0.7	1.0		0.14	-0.24	-0.34	-0.31	-0.01	0.54	0.53	0.62	0.2	0.7	-0.04	0.87	0.51	0.75
Other Operating Expenses	0.26	0.5	0.35	0.32	0.14	0.14		-0.39	-0.42	-0.41	0.32	-0.41	0.49	-0.35	-0.41	-0.29	-0.41	0.23	0.5	0.3
Operating Income	-0.35	-0.65	-0.45	-0.2	-0.24	-0.24	-0.39		0.98	0.98	-0.32	0.44	-0.78	0.31	0.55	0.22	0.59	-0.21	-0.56	-0.35
Ebit	-0.42	-0.62	-0.55	-0.21	-0.34	-0.34	-0.42	0.98		1.0	-0.41	0.36	-0.8	0.21	0.53	0.13	0.58	-0.33	-0.57	-0.42
Ebitda	-0.39	-0.61	-0.52	-0.18	-0.31	-0.31	-0.41	0.98	1.0		-0.41	0.37	-0.79	0.23	0.53	0.15	0.57	-0.3	-0.55	-0.39
Total Operating Expenses	0.13	0.69	0.11	-0.21	-0.01	-0.01	0.32	-0.32	-0.41	-0.41		-0.46	0.06	-0.35	-0.53	-0.36	-0.64	0.17	0.44	0.29
Income Before Tax	0.25	-0.62	0.17	0.27	0.54	0.54	-0.41	0.44	0.36	0.37	-0.46		0.05	0.95	0.76	0.93	0.54	0.42	-0.2	0.15
Total Other Income Expense Net	0.58	0.45	0.58	0.51	0.53	0.53	0.49	-0.78	-0.8	-0.79	0.06	0.05		0.18	-0.24	0.24	-0.42	0.52	0.62	0.55
Net Income	0.42	-0.47	0.32	0.3	0.62	0.62	-0.35	0.31	0.21	0.23	-0.35	0.95	0.18		0.51	0.98	0.31	0.54	-0.04	0.31
Income Tax Expense	-0.18	-0.71	-0.2	0.11	0.2	0.2	-0.41	0.55	0.53	0.53	-0.53	0.76	-0.24	0.51		0.51	0.84	0.03	-0.45	-0.25
Net Income From Continuing Ops	0.48	-0.45	0.42	0.4	0.7	0.7	-0.29	0.22	0.13	0.15	-0.36	0.93	0.24	0.98	0.51		0.28	0.56	0.01	0.35
Tax Provision	-0.39	-0.87	-0.25	-0.16	-0.04	-0.04	-0.41	0.59	0.58	0.57	-0.64	0.54	-0.42	0.31	0.84	0.28		-0.15	-0.67	-0.47
Net Interest Income	0.7	0.25	0.74	0.55	0.86	0.87	0.23	-0.21	-0.33	-0.3	0.17	0.42	0.52	0.54	0.03	0.56	-0.15		0.51	0.8
Interest Income	0.73	0.77	0.66	0.53	0.51	0.51	0.5	-0.56	-0.57	-0.55	0.44	-0.2	0.62	-0.04	-0.45	0.01	-0.67	0.51		0.79
Reconciled Depreciation	0.93	0.54	0.77	0.7	0.75	0.75	0.3	-0.35	-0.42	-0.39	0.29	0.15	0.55	0.31	-0.25	0.35	-0.47	0.8	0.79

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IF Bancorp Account Relationship Matchups

IF Bancorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	628K	671K	679K	675K	663K	540.0K
Interest Expense	8.7M	4.2M	2.5M	10.1M	23.3M	24.4M
Selling General Administrative	11.6M	12.5M	13.7M	13.3M	12.8M	11.4M
Selling And Marketing Expenses	499K	441K	404K	538K	409K	428.2K
Total Revenue	23.1M	26.4M	27.8M	26.1M	22.1M	22.7M
Gross Profit	23.1M	26.4M	27.8M	26.1M	22.1M	22.7M
Other Operating Expenses	17.2M	(19.1M)	10.4M	19.8M	16.6M	17.4M
Operating Income	5.9M	7.4M	10.4M	6.3M	2.4M	2.2M
Ebit	5.9M	7.4M	7.8M	6.3M	2.4M	2.2M
Ebitda	6.6M	8.1M	8.5M	6.9M	3.0M	2.9M
Total Operating Expenses	(17.2M)	(19.1M)	10.4M	(19.8M)	16.6M	17.4M
Income Before Tax	5.9M	7.4M	7.8M	6.3M	2.4M	2.2M
Total Other Income Expense Net	5.9M	(2.2M)	(2.1M)	6.3M	2.4M	2.5M
Net Income Applicable To Common Shares	4.2M	5.3M	5.8M	4.7M	5.4M	3.9M
Net Income	4.2M	5.3M	5.8M	4.7M	1.8M	1.7M
Income Tax Expense	1.6M	2.0M	2.0M	1.6M	565K	536.8K
Net Income From Continuing Ops	4.2M	5.3M	5.8M	4.7M	1.8M	1.7M
Tax Provision	1.6M	2.0M	2.0M	1.6M	565K	536.8K
Net Interest Income	18.2M	20.2M	22.3M	22.0M	17.4M	20.4M
Interest Income	26.9M	24.4M	24.8M	32.1M	40.6M	28.4M
Reconciled Depreciation	628K	671K	679K	675K	663K	657.1K

Pair Trading with IF Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IF Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IF Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with IROQ Stock

0.69

KB Financial Group

Pair Corr

Moving against IROQ Stock

0.62	TFC-PO	Truist Financial	Pair Corr
0.54	TFC-PR	Truist Financial	Pair Corr
0.48	CFG-PE	Citizens Financial	Pair Corr
0.42	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IF Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IF Bancorp to buy it.

The correlation of IF Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IF Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for IROQ Stock Analysis

When running IF Bancorp's price analysis, check to measure IF Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.

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IROQ Historical Income Statement

About IROQ Income Statement Analysis

IF Bancorp Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

IF Bancorp income statement Correlations

IF Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IF Bancorp income statement Accounts

Pair Trading with IF Bancorp

Moving together with IROQ Stock

Moving against IROQ Stock

Additional Tools for IROQ Stock Analysis

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Ebit	+ 0.98	Operating Income
Ebitda	+ 0.98	Operating Income
Net Income From Continuing Ops	+ 0.98	Net Income
Net Income	+ 0.95	Income Before Tax

Tax Provision	- 0.87	Interest Expense
Total Other Income Expense Net	- 0.8	Ebit
Total Other Income Expense Net	- 0.79	Ebitda
Total Other Income Expense Net	- 0.78	Operating Income
Income Tax Expense	- 0.71	Interest Expense
Interest Income	- 0.67	Tax Provision