Financial Snapshot

Revenue
$35.37M
TTM
Gross Margin
Net Earnings
$8.084M
TTM
Current Assets
Current Liabilities
$2.499M
Q2 2024
Current Ratio
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$84.51M
Q2 2024
Cash
Q2 2024
P/E
8.628
Nov 13, 2024 EST
Free Cash Flow
$291.0K
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
Revenue $43.37M $36.57M $34.76M $31.74M $30.80M $26.19M $22.27M $17.56M $12.70M
YoY Change 18.59% 5.21% 9.49% 3.06% 17.63% 17.56% 26.83% 38.25%

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
Revenue $43.37M $36.57M $34.76M $31.74M $30.80M $26.19M $22.27M $17.56M $12.70M
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
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.900M $1.700M $1.500M $1.400M $1.224M $1.187M $1.315M $883.0K $604.0K $600.0K $650.0K
YoY Change 11.76% 13.33% 7.14% 14.38% 3.12% -9.73% 48.92% 46.19% 0.67% -7.69%
% 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
Interest Expense $7.767M $1.930M $2.429M $3.440M $2.869M $1.901M $1.474M $1.728M $2.226M
YoY Change 302.44% -20.54% -29.39% 19.9% 50.92% 28.97% -14.7% -22.37%
% 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
Pretax Income $12.08M $12.80M $11.91M $7.314M $8.935M $5.740M $5.531M $3.593M $1.595M $1.160M -$220.0K
YoY Change -5.66% 7.52% 62.77% -18.14% 55.66% 3.78% 53.94% 125.27% 37.5% -627.27% -48.84%
Income Tax $2.376M $2.519M $2.423M $1.445M $1.780M $1.214M $3.104M $1.175M $598.0K $290.0K -$230.0K
% Of Pretax Income 19.68% 19.68% 20.35% 19.76% 19.92% 21.15% 56.12% 32.7% 37.49% 25.0%
Net Earnings $9.700M $10.28M $9.482M $5.869M $7.155M $4.526M $2.427M $2.418M $997.0K $870.0K $10.00K
YoY Change -5.65% 8.43% 61.56% -17.97% 58.09% 86.49% 0.37% 142.53% 14.6% 8600.0% -106.67%
Net Earnings / Revenue 22.37% 28.12% 27.28% 18.49% 23.23% 17.28% 10.9% 13.77% 7.85%
Basic Earnings Per Share $1.74 $1.84 $1.59 $0.97 $1.16 $0.81 $0.48 $0.60 $0.58
Diluted Earnings Per Share $1.74 $1.84 $1.585M $965.5K $1.159M $806.0K $484.1K $600.5K $199.2K $173.3K $1.992K

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
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 $33.26M $32.49M $31.40M $27.30M $23.40M $20.70M $17.60M $18.00M $11.80M $12.10M $12.10M
YoY Change 2.35% 3.48% 15.02% 16.67% 13.04% 17.61% -2.22% 52.54% -2.48% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.046M $5.744M $1.100M $1.000M $1.000M $1.900M $3.000M $5.900M $1.800M $2.300M $3.100M
YoY Change -12.15% 422.18% 10.0% 0.0% -47.37% -36.67% -49.15% 227.78% -21.74% -25.81%
Total Long-Term Assets
YoY Change
Total Assets $1.046B $997.7M $995.8M $855.4M $706.3M $680.3M $548.0M $558.9M $331.8M $333.1M $331.5M
YoY Change
Accounts Payable $531.0K $95.00K $100.0K $100.0K $100.0K $100.0K $0.00 $100.0K $200.0K $200.0K $200.0K
YoY Change 458.95% -5.0% 0.0% 0.0% 0.0% -100.0% -50.0% 0.0% 0.0%
Accrued Expenses $1.983M $739.0K $600.0K $700.0K
YoY Change 168.34% 23.17% -14.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $10.00M $10.00M $10.00M
YoY Change -100.0% 0.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.514M $834.0K $700.0K $800.0K $100.0K $100.0K $100.0K $200.0K $200.0K $200.0K
YoY Change 201.44% 19.14% -12.5% 700.0% 0.0% -50.0% 0.0% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.205M $3.637M $3.600M $3.900M $3.500M $2.700M $2.300M $3.900M $1.100M $800.0K $700.0K
YoY Change 15.62% 1.03% -7.69% 11.43% 29.63% 17.39% -41.03% 254.55% 37.5% 14.29%
Total Long-Term Liabilities $4.205M $3.637M $3.600M $3.900M $3.500M $2.700M $2.300M $3.900M $1.100M $800.0K $700.0K
YoY Change 15.62% 1.03% -7.69% 11.43% 29.63% 17.39% -41.03% 254.55% 37.5% 14.29%
Total Liabilities $963.0M $924.8M $910.7M $770.3M $624.9M $604.7M $490.8M $503.4M $301.1M $303.1M $303.3M
YoY Change 4.13% 1.55% 18.23% 23.27% 3.34% 23.21% -2.5% 67.19% -0.66% -0.07%

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

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 5.580M 5.588M 5.968M
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

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: $69.746 Million

About Skyline Bankshares, Inc.

Skyline Bankshares, Inc. operates as a holding company, which engages in the provision of banking solutions through its subsidiary, Skyline National Bank. The company is headquartered in Floyd, Virginia and currently employs 230 full-time employees. The company went IPO on 2016-08-26. The firm offers a wide range of retail and commercial banking services through its wholly owned bank subsidiary, Skyline National Bank (the Bank). The Bank serves the Virginia counties of Grayson, Floyd, Carroll, Wythe, Pulaski, Montgomery, Roanoke, Patrick and Washington, and the North Carolina counties of Alleghany, Ashe, Burke, Caldwell, Catawba, Cleveland, Davie, Iredell, Watauga, Wilkes, and Yadkin, and the surrounding areas through twenty seven full-service banking offices. The Bank’s loan portfolio includes commercial and agricultural production loans. The Bank’s lending services include real estate, commercial, agricultural, and consumer loans. The Bank invests a portion of its assets in United States Treasury, United States Government agency, and United States Government Sponsored Enterprise securities, state, county and local obligations, corporate and equity securities.

Industry: State Commercial Banks Peers: 1895 Bancorp of Wisconsin Inc Catalyst Bancorp Inc Ffbw Inc FIDELITY FEDERAL BANCORP First Seacoast Bancorp Home Federal Bancorp Inc of Louisiana Rocket Companies Inc TC Bancshares Inc