Hills Bancorporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $174.5M | $142.6M | $142.5M | $142.8M | $137.9M | $129.9M | $122.3M | $116.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $75.7M | $60.2M | $105.5M | $77.0M | $79.7M | $76.9M | $92.7M | $72.0M |
| Operating Margin | 43.4% | 42.2% | 74.0% | 53.9% | 57.8% | 59.2% | 75.9% | 61.9% |
| Interest Expense | — | — | $57.0M | $16.1M | $17.6M | $27.0M | $34.9M | $26.3M |
| Pretax Income | $75.7M | $60.2M | $48.5M | $60.9M | $62.1M | $49.9M | $57.9M | $45.7M |
| Income Tax Expense | $15.2M | $12.6M | $10.3M | $13.1M | $14.0M | $11.3M | $12.5M | $8.9M |
| Net Income | $60.5M | $47.6M | $38.2M | $47.8M | $48.1M | $38.6M | $45.3M | $36.8M |
| Net Margin | 34.7% | 33.4% | 26.8% | 33.4% | 34.9% | 29.7% | 37.1% | 31.6% |
| EPS (Basic) | $6.82 | $5.26 | $4.16 | $5.15 | $5.16 | $4.12 | $4.85 | $3.93 |
| EPS (Diluted) | $6.81 | $5.26 | $4.16 | $5.15 | $5.16 | $4.12 | $4.85 | $3.92 |
| Shares Outstanding (Basic) | 8.9M | 9.1M | 9.2M | 9.3M | 9.3M | 9.4M | 9.4M | 9.4M |
| Shares Outstanding (Diluted) | 8.9M | 9.1M | 9.2M | 9.3M | 9.3M | 9.4M | 9.4M | 9.4M |
| Dividends Per Share | $1.15 | $1.10 | $1.05 | $1.00 | $0.94 | $0.89 | $0.82 | $0.75 |