Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Bancorp 34, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2016
FY2017
FY2018
FY2019
FY2023
FY2023
FY2024
Interest expense
1.43
1.68
2.27
3.17
4.82
5.31
12.9
21.5
Pre-tax income
0.34
1.12
2.33
2.55
2.63
1.39
-3.86
0.62
Income tax
0.02
-4.17
1.97
0.67
0.67
0.06
-0.45
-1.07
Income from continuing operations
1.88
1.97
Net income
0.32
5.3
0.36
1.07
0.71
1.33
-3.4
1.69
EPS, basic
0.09
1.57
0.11
0.33
0.23
0.56
-0.88
0.25
EPS, diluted
0.09
1.57
0.11
0.33
0.23
0.56
-0.88
0.25
Shares, basic (weighted)
3.4
3.37
3.26
3.16
3.09
Shares, diluted (weighted)
3.4
3.37
3.27
3.17
3.09
Dividend per share
1.25
0.15
0.28
0.14
Balance sheet
FY2016
FY2016
FY2017
FY2018
FY2019
FY2023
FY2023
FY2024
Cash and equivalents
19.8
16.4
9.87
11.8
29.5
16.9
28.9
114
Property, plant and equipment
9.8
10.1
10.1
9.56
8.99
8.08
7.35
8.41
Lease right-of-use assets
2.07
1.82
4.07
Intangible assets
0.36
0.28
0.22
0.17
0.13
Total assets
271
329
336
383
394
574
581
918
Total liabilities
241
278
285
337
349
525
521
832
Total debt
54
28.5
Paid-in capital
9.71
27.2
26.8
25.5
23.2
28.4
43.3
67.3
Retained earnings
20.4
25.7
26.1
22.9
23.2
29
24.3
26
Treasury stock
-0.14
0
Other comprehensive income
-0.22
-0.36
-0.27
-0.4
0.31
-6.77
-5.56
-5.58
Shareholders' equity
29.6
50.8
51
46.4
45.1
48.6
60.7
86.5
Total equity
29.6
50.8
51
46.4
45.1
48.6
60.7
86.5
Total liabilities and equity
271
329
336
383
394
574
581
918
Shares outstanding
3.44
3.44
3.49
3.37
3.21
Cash flow statement
FY2016
FY2016
FY2017
FY2018
FY2019
FY2023
FY2023
FY2024
Net income
0.32
5.3
0.36
1.07
0.71
1.33
-3.4
1.69
Depreciation and amortization
0.57
0.61
0.68
0.7
0.61
0.49
0.58
1.05
Stock-based compensation
0
0.02
0.39
0.29
0.29
0.09
0.75
Deferred income tax
0
-4.21
0.19
-0.28
-1.08
Cash from operations
5.08
6.92
15.4
-7.24
32
9.76
0.91
2.97
Capital expenditures
-0.42
-0.92
-0.68
-0.2
-0.02
-0.68
-0.23
-0.5
Purchases of investments
-8.06
-2.01
-31.7
Sales and maturities of investments
2.8
0
6.93
7.48
5.35
63.6
Cash from investing
-24.4
-62.1
-27.6
-36.7
-22.7
-56.8
0.46
160
Stock issued
0
15.9
0.06
0.15
0.07
6.21
10.9
Share buybacks
0
-0.41
-1.93
-2.73
-0.08
-0.21
Dividends paid
-4.16
-0.48
-0.7
-0.66
Cash from financing
24.3
51.8
5.66
45.8
8.39
48.5
10.6
-78.4
Net change in cash
5
-3.41
-6.54
1.9
17.7
1.45
12
84.7
Free cash flow
4.67
6
14.7
-7.44
32
9.08
0.68
2.47
Interest paid
1.43
1.68
2.26
3.47
4.8
5.18
8.87
20.4
Income taxes paid
0.02
0.1
0.09
0.35
0.02
1
0.12
-1.01
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $15.50 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Effective tax rate
-174.6%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
2.3%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
0.2%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Operating cash flow growth, 1y
226.8%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
261.7%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
42.5%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
57.9%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.33x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
3.1%
Total debt / total assets.
Liabilities / assets
90.6%
Total liabilities / total assets.
Net debt
-$85.1M
Total debt - cash - short-term investments. Negative means more cash than debt.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
16.8%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.25
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.25
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$103.3M
Share price x shares outstanding.
Enterprise value
$18.2M
Market cap + total debt - cash - short-term investments.
P/E
61.2x
Market cap / net income. Only when net income is positive.
P/B
1.19x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.19x
Market cap / tangible book value, when positive.
P/FCF
41.8x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
34.7x
Market cap / cash from operations, when positive.
EV/FCF
7.36x
Enterprise value / free cash flow, when both are positive.
FCF yield
2.4%
Free cash flow / market cap.
Earnings yield
1.6%
Net income / market cap (the inverse of P/E).
Was Bancorp 34, Inc. profitable in fiscal 2024?
Yes. Net income was $1.7M, a net margin of -.
How much free cash flow did Bancorp 34, Inc. generate in fiscal 2024?
Cash from operations of $3.0M minus capital expenditures of $500.0K left free cash flow of $2.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.