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Skyline Bankshares (Skyline Bankshares) Revenue : $42.57 Mil (TTM As of Dec. 2023)


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What is Skyline Bankshares Revenue?

Skyline Bankshares's revenue for the three months ended in Dec. 2023 was $10.74 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $42.57 Mil. Skyline Bankshares's Revenue per Share for the three months ended in Dec. 2023 was $1.92. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.62.

Warning Sign:

Skyline Bankshares Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Skyline Bankshares was 4.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 11.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 9 years, Skyline Bankshares's highest 3-Year average Revenue per Share Growth Rate was 25.70% per year. The lowest was 3.10% per year. And the median was 9.75% per year.


Skyline Bankshares Revenue Historical Data

The historical data trend for Skyline Bankshares's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Skyline Bankshares Revenue Chart

Skyline Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only 32.85 33.60 38.90 40.89 42.57

Skyline Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.86 10.57 10.62 10.64 10.74

Competitive Comparison of Skyline Bankshares's Revenue

For the Banks - Regional subindustry, Skyline Bankshares's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skyline Bankshares's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skyline Bankshares's Revenue distribution charts can be found below:

* The bar in red indicates where Skyline Bankshares's Revenue falls into.



Skyline Bankshares Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.57 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Skyline Bankshares  (OTCPK:SLBK) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Skyline Bankshares Revenue Related Terms

Thank you for viewing the detailed overview of Skyline Bankshares's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Skyline Bankshares (Skyline Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
101 Jacksonville Circle, Floyd, VA, USA, 24091
Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.

Skyline Bankshares (Skyline Bankshares) Headlines

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