MBT Bancshares, Inc.

MBKL · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$23,692$26,959$22,776$22,248
% Growth-12.1%18.4%2.4%
Cost of Goods Sold$0$3,346$1,492$856
Gross Profit$23,692$23,613$21,284$21,392
% Margin100%87.6%93.4%96.2%
R&D Expenses$0$0$0$0
G&A Expenses$533$581$574$422
SG&A Expenses$1,083$1,285$1,198$958
Sales & Mktg Exp.$550$704$624$536
Other Operating Expenses$15,914$15,753$15,802$14,582
Operating Expenses$16,997$17,038$17,000$15,540
Operating Income$6,695$6,575$4,284$5,852
% Margin28.3%24.4%18.8%26.3%
Other Income/Exp. Net$781$0$0$0
Pre-Tax Income$7,476$6,575$4,284$5,852
Tax Expense$1,536$1,310$786$1,179
Net Income$5,940$5,265$3,498$4,673
% Margin25.1%19.5%15.4%21%
EPS2.912.581.712.29
% Growth12.8%50.9%-25.3%
EPS Diluted2.912.581.712.29
Weighted Avg Shares Out2,0442,0412,0442,044
Weighted Avg Shares Out Dil2,0412,0412,0442,044
Supplemental Information
Interest Income$28,790$23,853$19,547$18,863
Interest Expense$7,867$3,346$1,492$856
Depreciation & Amortization$685$619$669$659
EBITDA$0$7,194$4,953$6,511
% Margin0%26.7%21.7%29.3%