Friday, July 14, 2017

Alabama Largest Companies 2016 Total Audited Earnings Were Up Sharply By 114% Over 2015 Under Obama and Yellen ............................................................................... Their 2016 Total Audited Earnings Were $2.616 Bil, an Earnings Improvement of $7.433 Bil Under Obama, Bernanke and Yellen as Compared With 2008 Total Audited Losses of $4.817 Bil

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 9 Companies headquartered in the US State of Alabama with Stock Market Capitalizations either very late in 2016 or very early in 2017 of more than $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.   

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 9 Alabama Companies for all of the fiscal years from 2007 through 2016:




2016 2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net Net
Alabama Companies City State 2016 Income Income Income Income Income Income Income Income Income Income
With Market Caps Above $1 Bil HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils














Regions Financial Birmingham AL Dec16     1,158     1,075     1,134     1,104     1,180        172      (468)   (1,031)   (5,585)     1,393
Vulcan Materials Birmingham AL Dec16        422        233        207          21        (54)        (75)      (103)          19            3        463
Protective Life Birmingham AL Dec16        393        270        385        393        302        316        225        249        (86)        290
HealthSouth Corp Birmingham AL Dec16        318        254        276        383        231        206        931        110        250        222
Medical Properties Trust Birmingham AL Dec16        226        140          51          89          73          12            1          30          15          21
ProAssurance Corp Birmingham AL Dec16        151        116        197        298        275        287        232        222        178        168
ServisFirst Bancshares Birmingham AL Dec16          81          64          52          42          34          23          17            6            7            5
ADTRAN Inc Huntsville AL Dec16          35          19          45          46          47        139        114          74          79          76
Energen Corp Birmingham AL Dec16      (168)      (946)        100        142        205        175        184        192        322        309














Total all 9 Alabama Companies


    2,616     1,225     2,447     2,518     2,293     1,255     1,133      (129)   (4,817)     2,947













2016 Total Earnings % Above 2015 Total Earnings
     114%






















2016 Total Earnings Improvement Over 2008

    7,433









Two key observations:
  • All 9 Alabama Companies registered very strong 2016 Earnings Improvement over 2015.
  • Look at how Regions Financial was crushed with the 2008-09 financial meltdown.  And then look how they have recovered in 2012 through 2016.