Sound Historical Income Statement
| SFBC Stock | USD 53.50 0.27 0.51% |
Historical analysis of Sound Financial income statement accounts such as Gross Profit of 32.2 M, Other Operating Expenses of 19.5 M, Operating Income of 10.8 M or Ebit of 10.6 M can show how well Sound Financial Bancorp performed in making a profits. Evaluating Sound Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sound Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sound Financial 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 Sound Financial Bancorp is a good buy for the upcoming year.
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About Sound Income Statement Analysis
Sound Financial 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 Sound Financial shareholders. The income statement also shows Sound 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).
Sound Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sound Financial 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 Sound Financial Bancorp minus its cost of goods sold. It is profit before Sound Financial 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 Sound Financial Bancorp. It is also known as Sound Financial 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.Cost Of Revenue
Cost of Revenue is found on Sound Financial Bancorp income statement and represents the costs associated with goods and services Sound Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Sound Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sound Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Financial 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 bureau of labor statistics. At present, Sound Financial's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 10.6 M, whereas Depreciation And Amortization is forecasted to decline to about 936.1 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.0M | 4.5M | 16.8M | 17.6M | Depreciation And Amortization | 676K | 704K | 1.7M | 936.1K |
Sound Financial income statement Correlations
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Sound Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.5M | 905K | 676K | 704K | 1.7M | 936.1K | |
| Interest Expense | 7.6M | 7.5M | 4.0M | 4.5M | 16.8M | 17.6M | |
| Selling General Administrative | 20.7M | 20.8M | 23.7M | 16.4M | 17.1M | 16.5M | |
| Total Revenue | 31.0M | 34.9M | 37.2M | 39.9M | 50.6M | 32.2M | |
| Gross Profit | 31.0M | 34.9M | 37.2M | 39.9M | 50.6M | 32.2M | |
| Other Operating Expenses | 19.9M | 23.6M | 25.8M | 25.1M | 38.8M | 19.5M | |
| Operating Income | 8.3M | 11.3M | 11.4M | 14.7M | 10.7M | 10.8M | |
| Ebit | 8.3M | 12.2M | 12.3M | 11.8M | 9M | 10.6M | |
| Ebitda | 9.9M | 13.2M | 13.0M | 12.5M | 10.7M | 11.9M | |
| Total Operating Expenses | 19.9M | (23.6M) | (25.8M) | (25.1M) | 38.8M | 40.8M | |
| Income Before Tax | 8.3M | 11.3M | 11.4M | 10.9M | 9M | 8.1M | |
| Total Other Income Expense Net | 8.3M | (595K) | (363K) | (452K) | (1.7M) | (1.7M) | |
| Net Income Applicable To Common Shares | 6.7M | 8.9M | 9.2M | 8.8M | 10.1M | 5.9M | |
| Net Income | 6.7M | 8.9M | 9.2M | 8.8M | 7.4M | 6.1M | |
| Income Tax Expense | 1.7M | 2.4M | 2.3M | 2.1M | 1.6M | 2.1M | |
| Net Income From Continuing Ops | 10.0M | 8.9M | 9.2M | 8.8M | 9.2M | 7.3M | |
| Tax Provision | 1.7M | 2.4M | 2.3M | 2.1M | 2.0M | 1.8M | |
| Net Interest Income | 27.0M | 27.5M | 29.9M | 35.3M | 36.0M | 30.4M | |
| Interest Income | 34.6M | 34.9M | 33.9M | 39.8M | 49.1M | 36.7M | |
| Reconciled Depreciation | 931K | 1.8M | 1.6M | 1.6M | 1.8M | 1.5M | |
| Selling And Marketing Expenses | 376K | 249K | 415K | 390K | 377K | 376.0K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sound Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sound Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sound Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sound Financial Bancorp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Financial 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 bureau of labor statistics. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sound Financial. If investors know Sound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sound Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.76 | Earnings Share 1.52 | Revenue Per Share 13.726 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0037 |
The market value of Sound Financial Bancorp is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Financial's value that differs from its market value or its book value, called intrinsic value, which is Sound Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sound Financial's market value can be influenced by many factors that don't directly affect Sound Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sound Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.