Meta Historical Income Statement
CASH Stock | USD 82.90 2.12 2.62% |
Historical analysis of Meta Financial income statement accounts such as Interest Expense of 12.1 M, Selling General Administrative of 222.6 M or Total Revenue of 814.7 M can show how well Meta Financial Group performed in making a profits. Evaluating Meta Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Meta Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Meta Financial Group 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 Meta Financial Group is a good buy for the upcoming year.
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About Meta Income Statement Analysis
Meta Financial Group 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 Meta Financial shareholders. The income statement also shows Meta 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).
Meta Financial Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Meta Financial Group minus its cost of goods sold. It is profit before Meta 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 Meta Financial Group. It is also known as Meta 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.Operating Income
Operating Income is the amount of profit realized from Meta Financial Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Meta Financial Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Meta Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Meta Financial Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Meta Financial's Total Revenue is increasing as compared to previous years. The Meta Financial's current Gross Profit is estimated to increase to about 814.7 M, while Extraordinary Items is forecasted to increase to (769.5 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.9M | 10.9M | 8.2M | 12.1M | Depreciation And Amortization | 53.5M | 50.7M | 45.9M | 48.2M |
Meta Financial income statement Correlations
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Meta Financial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 60.7M | 49.1M | 53.5M | 50.7M | 45.9M | 48.2M | |
Interest Expense | 33.8M | 6.9M | 4.9M | 10.9M | 8.2M | 12.1M | |
Selling General Administrative | 136.2M | 151.1M | 171.1M | 184.3M | 212.0M | 222.6M | |
Total Revenue | 443.2M | 508.3M | 501.3M | 577.4M | 775.9M | 814.7M | |
Gross Profit | 443.2M | 508.3M | 501.3M | 316.6M | 775.9M | 814.7M | |
Other Operating Expenses | 332.9M | 355.9M | 292.7M | 121.7M | 577.1M | 606.0M | |
Operating Income | 110.4M | 152.4M | 208.6M | 177.5M | 198.8M | 208.7M | |
Ebit | 93.5M | 166.4M | 195.4M | 177.5M | 198.8M | 208.7M | |
Ebitda | 154.2M | 215.5M | 248.9M | 228.2M | 244.7M | 256.9M | |
Total Operating Expenses | (332.9M) | (355.9M) | (292.7M) | (139.1M) | 233.4M | 245.1M | |
Income Before Tax | 115.0M | 156.4M | 187.3M | 182.1M | 198.8M | 208.7M | |
Total Other Income Expense Net | 4.6M | (98.4M) | (103.0M) | 4.6M | 4.2M | 4.4M | |
Net Income | 104.7M | 141.7M | 156.4M | 163.6M | 166.8M | 175.2M | |
Income Tax Expense | 5.7M | 10.7M | 28.0M | 16.3M | 29.1M | 30.6M | |
Net Income Applicable To Common Shares | 97.0M | 104.7M | 139.0M | 153.8M | 176.9M | 185.7M | |
Net Income From Continuing Ops | 109.3M | 145.7M | 159.4M | 165.8M | 190.7M | 200.2M | |
Tax Provision | 5.7M | 10.7M | 28.0M | 16.3M | 18.8M | 9.7M | |
Net Interest Income | 259.0M | 279.0M | 307.3M | 387.9M | 446.0M | 227.1M | |
Interest Income | 292.8M | 285.9M | 312.2M | 398.7M | 458.5M | 247.5M | |
Minority Interest | 4.6M | (4.0M) | (3.0M) | (2.2M) | (2.0M) | (1.9M) | |
Reconciled Depreciation | 60.7M | 39.5M | 42.2M | 50.7M | 58.3M | 46.1M |
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When determining whether Meta Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta 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 Meta Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Financial Group Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Meta Financial. If investors know Meta 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 Meta Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 6.62 | Revenue Per Share 28.289 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0225 |
The market value of Meta Financial Group is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Financial's value that differs from its market value or its book value, called intrinsic value, which is Meta 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 Meta Financial's market value can be influenced by many factors that don't directly affect Meta 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 Meta Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta 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.