Sunshine Bancorp

Sunshine State Bank was founded in 1954 in Plant City, Florida and in 2014, Sunshine Bancorp, Inc. was formed as its holding company. After converting from the mutual form of organization to the stock form, a full rebranding effort gave way to the new name of Sunshine Bank. Led by a seasoned management team, Sunshine plans an aggressive growth strategy achieved through high touch relationship management and exceptional service supported by modern technology. Sunshine’s focus remains on retail, small business and not-for-profit banking relationships in attractive geographic markets. Sunshine Bank serves customers through twelve branch locations stretching along the I-4 corridor from Orlando to Tampa and locations servicing the Sarasota market.
Type
Public
HQ
Plant City, US
Founded
1654
Size (employees)
74 (est)
Sunshine Bancorp was founded in 1654 and is headquartered in Plant City, US

Sunshine Bancorp Office Locations

Sunshine Bancorp has an office in Plant City
Plant City, US (HQ)
102 W Baker St

Sunshine Bancorp Data and Metrics

Sunshine Bancorp Financial Metrics

Sunshine Bancorp's revenue was reported to be $24.1 m in FY, 2016 which is a 79% increase from the previous period.
$, USD

Revenue (FY, 2016)

24.1 m

Revenue growth (FY, 2015 - FY, 2016), %

79%

Gross profit (FY, 2016)

22.1 m

Gross profit margin (FY, 2016), %

92%

Net income (FY, 2016)

(43 k)

EBIT (FY, 2016)

18.6 m

Market capitalization (23-Jun-2017)

165.2 m

Closing share price (23-Jun-2017)

21.5

Cash (31-Dec-2016)

50.3 m
Sunshine Bancorp's current market capitalization is $165.2 m.
$, USDFY, 2014FY, 2015FY, 2016

Revenue

7 m13.5 m24.1 m

Revenue growth, %

92%79%

Cost of goods sold

751 k2 m

Gross profit

12.7 m22.1 m

Gross profit Margin, %

94%92%

Sales and marketing expense

4.6 m9.6 m10.8 m

General and administrative expense

1.2 m1.4 m2.3 m

Operating expense total

5.8 m11.1 m13.1 m

EBIT

3.4 m11.1 m18.6 m

EBIT margin, %

49%82%77%

Pre tax profit

(4.6 m)134 k

Income tax expense

(1.6 m)(2.3 m)177 k

Net Income

(2.5 m)(2.2 m)(43 k)
$, USDFY, 2014FY, 2015FY, 2016

Cash

20.5 m59.3 m50.3 m

Accounts Receivable

613 k1 m2.1 m

PP&E

6.1 m17.6 m25.9 m

Total Assets

229.8 m507.3 m931.4 m

Additional Paid-in Capital

40.8 m52.8 m94.3 m

Total Equity

61.6 m71.4 m112.1 m

Financial Leverage

3.7 x7.1 x8.3 x
$, USDFY, 2014FY, 2015FY, 2016

Net Income

(2.5 m)(2.2 m)(43 k)

Depreciation and Amortization

547 k620 k

Accounts Receivable

250 k

Cash From Operating Activities

2.3 m639 k(2.6 m)

Purchases of PP&E

(23.5 m)(91.3 m)

Cash From Investing Activities

(29.3 m)29.2 m(99.6 m)

Long-term Borrowings

(4 m)

Cash From Financing Activities

36.4 m9.1 m93.2 m

Interest Paid

298 k

Income Taxes Paid

20 k
$, USDY, 2016

Revenue/Employee

325.9 k

Financial Leverage

8.3 x

Sunshine Bancorp Market Value History

Sunshine Bancorp Company Life and Culture

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