Grand River Commerce, Inc. (GNRV)
OTCMKTS
· Delayed Price · Currency is USD
3.000
+0.050 (1.69%)
Dec 24, 2024, 4:00 PM EST
Grand River Commerce Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Interest Income on Loans | 26.63 | 24.05 | 17.6 | 15.68 | 14.8 | 12.57 | Upgrade
|
| Interest Income on Investments | 1.8 | 1.69 | 1.47 | 0.41 | 0.28 | 0.62 | Upgrade
|
| Total Interest Income | 28.43 | 25.74 | 19.07 | 16.09 | 15.09 | 13.19 | Upgrade
|
| Interest Paid on Deposits | 13.86 | 11.57 | 3.45 | 1.91 | 3.32 | 4.07 | Upgrade
|
| Interest Paid on Borrowings | 2.51 | 1.84 | 0.63 | 0.62 | 0.54 | 0.23 | Upgrade
|
| Total Interest Expense | 16.37 | 13.41 | 4.08 | 2.53 | 3.86 | 4.3 | Upgrade
|
| Net Interest Income | 12.07 | 12.33 | 14.98 | 13.56 | 11.23 | 8.89 | Upgrade
|
| Net Interest Income Growth (YoY) | -12.13% | -17.73% | 10.54% | 20.75% | 26.29% | 11.38% | Upgrade
|
| Other Non-Interest Income | 0.41 | 0.33 | 0.28 | 0.27 | 0.51 | 0.44 | Upgrade
|
| Total Non-Interest Income | 1.04 | 0.88 | 0.92 | 3.18 | 4.31 | 1.79 | Upgrade
|
| Non-Interest Income Growth (YoY) | -68.99% | -5.09% | -70.95% | -26.26% | 141.14% | 163.48% | Upgrade
|
| Revenues Before Loan Losses | 13.1 | 13.21 | 15.91 | 16.74 | 15.54 | 10.68 | Upgrade
|
| Provision for Loan Losses | -0.27 | -0.05 | 1.06 | 0.16 | 1.53 | 0.54 | Upgrade
|
| Revenue | 13.37 | 13.25 | 14.85 | 16.58 | 14.01 | 10.14 | Upgrade
|
| Revenue Growth (YoY) | -20.02% | -10.72% | -10.44% | 18.32% | 38.13% | 20.93% | Upgrade
|
| Salaries and Employee Benefits | 9.79 | 9.88 | 8.25 | 8.42 | 7.36 | 5.67 | Upgrade
|
| Occupancy Expenses | 0.61 | 0.62 | 0.7 | 0.47 | 0.27 | 0.28 | Upgrade
|
| Federal Deposit Insurance | 0.67 | 0.6 | 0.41 | 0.36 | 0.29 | 0.2 | Upgrade
|
| Selling, General & Administrative | 2.47 | 2.42 | 2.58 | 1.91 | 1.38 | 1.28 | Upgrade
|
| Other Non-Interest Expense | 1.02 | 1.23 | 1.18 | 1.18 | 0.84 | 0.76 | Upgrade
|
| Total Non-Interest Expense | 14.55 | 14.75 | 13.11 | 12.33 | 10.14 | 8.18 | Upgrade
|
| EBT Excluding Unusual Items | -1.18 | -1.5 | 1.74 | 4.24 | 3.87 | 1.97 | Upgrade
|
| Pretax Income | -1.4 | -1.5 | 1.74 | 4.24 | 3.87 | 1.97 | Upgrade
|
| Income Tax Expense | -0.28 | -0.29 | 0.32 | 0.93 | 0.84 | 0.42 | Upgrade
|
| Earnings From Continuing Operations | -1.12 | -1.21 | 1.41 | 3.32 | 3.03 | 1.54 | Upgrade
|
| Earnings From Discontinued Operations | -2 | -6.09 | -3.59 | - | - | - | Upgrade
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| Net Income | -3.12 | -7.3 | -2.17 | 3.32 | 3.03 | 1.54 | Upgrade
|
| Net Income to Common | -3.12 | -7.3 | -2.17 | 3.32 | 3.03 | 1.54 | Upgrade
|
| Net Income Growth | - | - | - | 9.44% | 96.69% | 30.26% | Upgrade
|
| Basic Shares Outstanding | 7 | 7 | 7 | 7 | 7 | 7 | Upgrade
|
| Diluted Shares Outstanding | 7 | 7 | 7 | 7 | 7 | 7 | Upgrade
|
| Shares Change (YoY) | 0.07% | 0.23% | -1.15% | 0.37% | 0.08% | -0.32% | Upgrade
|
| EPS (Basic) | -0.44 | -1.04 | -0.31 | 0.49 | 0.45 | 0.23 | Upgrade
|
| EPS (Diluted) | -0.44 | -1.04 | -0.31 | 0.47 | 0.43 | 0.22 | Upgrade
|
| EPS Growth | - | - | - | 9.30% | 95.46% | 29.41% | Upgrade
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| Effective Tax Rate | - | - | 18.56% | 21.82% | 21.74% | 21.58% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.