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.