Financial Snapshot

Revenue
$35.50M
TTM
Gross Margin
Net Earnings
$8.138M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$88.50M
Q3 2024
Cash
Q3 2024
P/E
11.57
Nov 13, 2024 EST
Free Cash Flow
$5.590M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $39.93M $30.74M $24.40M $21.68M $18.99M $16.23M $12.95M $10.77M $9.289M $8.116M $6.970M
YoY Change 29.88% 25.96% 12.54% 14.21% 16.95% 25.35% 20.22% 15.98% 14.45% 16.44%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $39.93M $30.74M $24.40M $21.68M $18.99M $16.23M $12.95M $10.77M $9.289M $8.116M $6.970M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $724.0K $683.0K $680.0K $660.0K $650.0K $520.0K $520.0K $530.0K $450.0K $400.0K $360.0K $390.0K $180.0K
YoY Change 6.0% 0.44% 3.03% 1.54% 25.0% 0.0% -1.89% 17.78% 12.5% 11.11% -7.69% 116.67%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $10.58M $2.779M $2.080M $3.004M $3.569M $2.307M $1.181M $830.0K $717.0K $661.0K $704.0K
YoY Change 280.64% 33.61% -30.76% -15.83% 54.7% 95.34% 42.29% 15.76% 8.47% -6.11%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $11.45M $12.74M $10.86M $5.753M $4.634M $5.262M $4.552M $3.437M $2.548M $1.520M $1.751M $1.610M $990.0K
YoY Change -10.12% 17.24% 88.84% 24.15% -11.93% 15.6% 32.44% 34.89% 67.63% -13.19% 8.76% 62.63%
Income Tax $2.740M $3.056M $2.517M $1.295M $1.092M $1.220M $1.735M $1.217M $844.0K $514.0K $602.0K $590.0K $370.0K
% Of Pretax Income 23.93% 23.99% 23.17% 22.51% 23.56% 23.19% 38.12% 35.41% 33.12% 33.82% 34.38% 36.65% 37.37%
Net Earnings $8.708M $9.681M $8.347M $4.458M $3.542M $4.042M $2.817M $2.220M $1.704M $1.006M $1.149M $1.020M $620.0K
YoY Change -10.05% 15.98% 87.24% 25.86% -12.37% 43.49% 26.89% 30.28% 69.38% -12.45% 12.65% 64.52%
Net Earnings / Revenue 21.81% 31.49% 34.2% 20.56% 18.66% 24.9% 21.75% 20.61% 18.34% 12.4% 16.48%
Basic Earnings Per Share $2.71 $3.07 $2.67 $1.42 $1.12 $1.29 $1.04 $1.12 $0.88 $0.59 $0.77
Diluted Earnings Per Share $2.68 $3.03 $2.66 $1.42 $1.12 $1.29 $1.04 $1.11 $0.87 $0.58 $0.76 $680.0K $413.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $10.30M $11.07M $11.20M $11.70M $11.40M $4.700M $4.900M $4.900M $4.200M $3.600M $3.800M $3.400M $3.000M
YoY Change -6.93% -1.2% -4.27% 2.63% 142.55% -4.08% 0.0% 16.67% 16.67% -5.26% 11.76% 13.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.529M $4.533M $800.0K $400.0K $400.0K $500.0K $300.0K $500.0K $400.0K $400.0K $400.0K $0.00 $0.00
YoY Change -22.15% 466.63% 100.0% 0.0% -20.0% 66.67% -40.0% 25.0% 0.0% 0.0%
Total Long-Term Assets
YoY Change
Total Assets $854.5M $815.2M $841.1M $647.3M $500.9M $401.7M $347.2M $303.9M $244.0M $210.4M $206.5M $169.7M $139.4M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $3.013M $3.208M $3.400M $3.600M $3.800M
YoY Change -6.08% -5.65% -5.56% -5.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $2.700M $5.700M $5.800M $6.100M
YoY Change -100.0% -52.63% -1.72% -4.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.013M $3.208M $3.400M $3.600M $3.800M $2.700M $5.700M $5.800M $6.100M
YoY Change -6.08% -5.65% -5.56% -5.26% -52.63% -1.72% -4.92%
Long-Term Debt $0.00 $4.275M $3.600M $0.00 $1.300M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 18.75% -100.0%
Other Long-Term Liabilities $7.851M $9.101M $4.200M $2.900M $1.700M $1.800M $1.900M $1.500M $1.500M $800.0K $1.000M $900.0K $500.0K
YoY Change -13.73% 116.69% 44.83% 70.59% -5.56% -5.26% 26.67% 0.0% 87.5% -20.0% 11.11% 80.0%
Total Long-Term Liabilities $7.851M $13.38M $7.800M $2.900M $3.000M $1.800M $1.900M $1.500M $1.500M $800.0K $1.000M $900.0K $500.0K
YoY Change -41.31% 71.49% 168.97% -3.33% 66.67% -5.26% 26.67% 0.0% 87.5% -20.0% 11.11% 80.0%
Total Liabilities $774.6M $748.1M $774.1M $587.0M $445.0M $350.9M $300.2M $276.9M $219.1M $187.5M $190.1M $153.6M $124.3M
YoY Change 3.53% -3.36% 31.87% 31.91% 26.82% 16.89% 8.41% 26.38% 16.85% -1.37% 23.76% 23.57%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $94.194 Million

About Prime Meridian Holding Co

Prime Meridian Holding Co. engages in the provision of consumer and commercial banking services through its subsidiary, Prime Meridian Bank. The company is headquartered in Tallahassee, Florida and currently employs 114 full-time employees. The company went IPO on 2015-06-22. The Company’s operation consists of owning the stock of the Bank. The Bank provides a range of consumer and commercial banking services to individuals and businesses. Its electronic banking services include mobile banking, remote deposit, mobile deposit, Apple Pay, Bank-to-Bank transfers and online banking. The Bank offers basic services that include demand interest-bearing and noninterest-bearing accounts, savings accounts, money-market deposit accounts, health savings accounts (HSA), negotiable order of withdrawal (NOW) accounts, time deposits, safe deposit services, wire transfers, foreign exchange services, escrow accounts, debit cards, direct deposits, notary services, night depository, official checks, domestic collections, bank drafts, automated teller services, drive-in tellers, banking by mail, credit cards through a third party, and merchant card services with a third party.

Industry: State Commercial Banks Peers: Auburn National Bancorporation Inc Citizens Holding Co F&M BANK CORP PNC Financial Services Group Inc Security Federal Corp