Annual | Annual | Annual | Annual | ||||
2015 | 2014 | 2013 | 2012 | ||||
Net | Net | Net | Net | ||||
Most | Income | Income | Income | Income | |||
City | State | Recent | (Loss) | (Loss) | (Loss) | (Loss) | |
All South Dakota Publicly-Held Companies | HQs | HQs | FYE | $ mils | $ mils | $ mils | $ mils |
Financials | |||||||
Great Western Bancorp | Sioux Falls | SD | Sep 15 | 109.1 | 105.0 | 96.2 | 73.0 |
Meta Financial Group Inc | Sioux Falls | SD | Sep 15 | 18.1 | 15.7 | 13.4 | 17.1 |
HF Financial Corp | Sioux Falls | SD | Jun 15 | 3.6 | 6.6 | 5.9 | 5.2 |
Total all 3 Banks | 130.8 | 127.3 | 115.5 | 95.3 | |||
2015 Total Bank Earnings % Above: | |||||||
………. 2014 | 3% | ||||||
………. 2013 | 13% | ||||||
………. 2012 | 37% | ||||||
Non-Financials | |||||||
Daktronics Inc | Brookings | SD | Apr 15 | 20.9 | 22.2 | 22.8 | 8.5 |
Raven Industries Inc | Sioux Falls | SD | Jan 16 | 8.6 | 31.8 | 42.9 | 52.6 |
North American University Holdings | Rapid City | SD | May 15 | 6.8 | 3.5 | 5.5 | 5.1 |
Black Hills Corp (Diversified Energy Co) | Rapid City | SD | Dec 15 | (32.1) | 130.9 | 118.3 | 109.4 |
Total all 4 Non-Financials | 4.2 | 188.4 | 189.5 | 175.6 | |||
2015 Total Non-Bank Earnings % Below: | |||||||
………. 2014 | -98% | ||||||
………. 2013 | -98% | ||||||
………. 2012 | -98% | ||||||
Total all 7 | 135.0 | 315.7 | 305.0 | 270.9 |
Wednesday, May 11, 2016
The 4 Publicly-Held South Dakota Non-Financial Companies Generated Total Audited Earnings of Only $4.2 Mil in 2015, Down 98% From Total Comparable Earnings of $188.4 Mil in 2014 ..... On the Other Hand, the 3 Publicly-Held South Dakota Banks Are Doing Just Fine Generating Total Audited Earnings of $130.8 Mil in 2015, Up 3% Over 2014, Up 13% Over 2013 and Up 37% Over 2012 ..... When the Banks Have All of the 2015 Total Company Earnings in a State, the Economy of That State Has To Be Suffering
From
a review of US Company SEC filings, below
here are the reported US GAAP Audited Earnings (Losses) From Continuing
Operations for the most recent Annual Fiscal Year End (FYE) 2015 and also for
2012 through 2014 for each of the 3 Publicly-Held Financial and the 4 Publicly-Held
Non-Financial South Dakota HQed Companies: