Atlantic Coast Bank

Atlantic Coast Bank is the premier community bank in Northeast Florida and Southeast Georgia. For both Commercial Banking and Personal Banking customers, our financial solutions are on scale with those of the biggest banks in the country, only better. We provide the benefits of a local relationship for convenience, consultative service, decision-making and delivery. This is a powerful combination. We’ll be there for you as you buy your dream home, grow your business, send the kids to college and plan your retirement. Browse our site to find out more about us, our banking solutions, easy access and our active role in the neighborhoods we serve.

Type
Public
HQ
Jacksonville, US
Size (employees)
186 (est)
Atlantic Coast Bank is headquartered in Jacksonville, US

Atlantic Coast Bank Office Locations

Atlantic Coast Bank has an office in Jacksonville
Jacksonville, US (HQ)
110 4655 Salisbury Rd

Atlantic Coast Bank Data and Metrics

Atlantic Coast Bank Financial Metrics

Atlantic Coast Bank's revenue was reported to be $10.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

10.4 m

Gross profit (Q1, 2017)

8.9 m

Gross profit margin (Q1, 2017), %

85%

Net income (Q1, 2017)

1.5 m

EBIT (Q1, 2017)

6.4 m

Market capitalization (25-Jul-2017)

120.5 m

Cash (31-Mar-2017)

27.8 m
Atlantic Coast Bank's current market capitalization is $120.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

28.8 m28.1 m29.8 m43.1 m

Revenue growth, %

(2%)6%45%

Cost of goods sold

12.7 m10.5 m8.7 m7.4 m

Gross profit

16.1 m17.6 m21.1 m35.7 m

Gross profit Margin, %

56%63%71%83%

Operating expense total

26.8 m21.5 m28.9 m25.1 m

EBIT

16.1 m17.6 m21.1 m26.5 m

EBIT margin, %

56%63%71%61%

Income tax expense

(9.5 m)3.6 m

Net Income

(11.4 m)1.3 m7.7 m6.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

8.5 m8.9 m8.6 m9.1 m9.5 m10.8 m11.1 m10.7 m10.4 m

Cost of goods sold

2.6 m2.6 m2.5 m2.4 m1.9 m2.1 m2.1 m1.6 m1.5 m

Gross profit

5.9 m6.3 m6.2 m6.7 m7.6 m8.7 m9 m9.1 m8.9 m

Gross profit Margin, %

69%71%72%73%80%80%81%85%85%

Sales and marketing expense

2.6 m2.8 m2.9 m3.1 m3.2 m3.5 m3.5 m3.6 m3.5 m

R&D expense

365 k378 k395 k472 k466 k456 k513 k587 k611 k

General and administrative expense

492 k493 k514 k538 k555 k602 k603 k658 k555 k

Operating expense total

3.5 m3.6 m3.8 m4.1 m4.2 m4.5 m4.6 m4.8 m4.7 m

EBIT

4.3 m4.5 m4.4 m5 m5.8 m6.1 m6.4 m6.9 m6.4 m

EBIT margin, %

51%51%51%55%61%57%58%64%61%

Pre tax profit

444 k2.4 m2.3 m

Income tax expense

45 k157 k48 k(10.4 m)516 k899 k788 k917 k806 k

Net Income

225 k453 k396 k5.6 m1 m1.5 m1.3 m1.6 m1.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

114.2 m22.4 m23.6 m59.9 m

Accounts Receivable

1.8 m1.9 m2.1 m2 m

Total Assets

733.6 m706.5 m857.2 m907.5 m

Accounts Payable

628.4 m

Total Debt

188.8 m

Total Liabilities

820.4 m

Additional Paid-in Capital

100.8 m100.6 m100.5 m100.4 m

Retained Earnings

(25.8 m)(24.5 m)(16.7 m)(10.3 m)

Total Equity

80.7 m87 m

Debt to Equity Ratio

2.2 x

Debt to Assets Ratio

0.2 x

Financial Leverage

10.6 x10.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

32.7 m24.9 m18.1 m38.5 m37.7 m29.1 m23.5 m49.9 m27.8 m

Total Assets

710.1 m713.9 m743.7 m810.4 m818 m893 m921.8 m936.9 m923.5 m

Accounts Payable

443.9 m438.4 m449.8 m501.1 m496.8 m550.6 m570.5 m617.5 m685.8 m

Additional Paid-in Capital

100.6 m100.6 m100.6 m100.6 m100.5 m100.4 m100.4 m100.4 m100.3 m

Retained Earnings

(25.3 m)(24.9 m)(24.1 m)(18.4 m)(17.4 m)(15.2 m)(13.9 m)(12.3 m)(8.8 m)

Total Equity

70.4 m70.5 m78.1 m80.1 m82.8 m84.4 m86.1 m88.9 m

Financial Leverage

10.1 x10.1 x10.4 x10.2 x10.8 x10.9 x10.9 x10.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(11.4 m)1.3 m7.7 m6.4 m

Depreciation and Amortization

638 k642 k899 k1.1 m

Cash From Operating Activities

4.3 m(16.5 m)2.6 m13 m

Cash From Investing Activities

61.8 m(43 m)(144 m)(32.6 m)

Cash From Financing Activities

(19.8 m)(32.3 m)142.6 m56 m

Interest Paid

12.7 m10.8 m9.4 m7.4 m

Income Taxes Paid

394 k488 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

225 k453 k396 k5.6 m1 m1.5 m1.3 m1.6 m1.5 m

Accounts Receivable

2 m1.9 m1.8 m2 m2 m2.1 m2.3 m1.9 m1.7 m
USDY, 2017

Revenue/Employee

56.2 k

Financial Leverage

10.4 x

Atlantic Coast Bank Market Value History

Atlantic Coast Bank Online and Social Media Presence

Atlantic Coast Bank Company Life and Culture

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