Thursday, June 14, 2018

The 9 Alabama Companies With Market Caps of at Least $1 Bil Posted March 2018 Quarter Total Pretax Income (PTI) of $1.2 Bil, Up 39% From Their March 2017 Quarter .................................................................................. Three Alabama Cos ..... a Bank, an Oil & Gas Co and a Coal Co ..... , Which Comprised More Than 70% of the Total PTI in the March 2018 Quarter of All 9 Alabama Cos, Drove This 39% PTI Growth, Similar To What Is Going On in Banks and in Oil & Gas Cos Throughout Much of the US ....................................................................................... By Far the Most Profitable Alabama Co is Regions Financial, Which Got an Incredibly Substantial Earnings Boost From the US Fed Raising Short-Term Interest Rates. Regions Financial's March 2018 Quarter Net Interest Income Margin Increased By $130 Mil, Which Comprised More Than All of Its Pretax Income Increase of $122 Mil ....................................................................................... And Alabama Oil & Gas Co Energen Increased Its PTI By an Off-the-Charts 192%, Even More Than Double That of the Texas Oil & Gas Cos .......................................................................................

From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations, the US GAAP Net Income (Loss) From Continuing Operations and the related US GAAP Income Tax Expense for the March or April 2018 and 2017 Quarters for all US  Companies including both Partnerships and REITs which are Headquartered in the US State of Alabama with March 2018 Quarter Ends, with stock market caps above $1 Bil recently and which have released their March 2018 Quarter Earnings by June 12, 2018.  

I will update this quarterly earnings chart later for Companies with April 2018 and May 2018 Quarter End Earnings which haven't reported their April or May 2018 Quarter Earnings yet.
US US US US
US US US US US US  GAAP   GAAP   GAAP   GAAP 
 GAAP   GAAP   GAAP   GAAP   GAAP   GAAP   Effective   Effective  Pretax Net
Pretax  Income   Net  Pretax  Income   Net   Income   Income  Income Income
Income Tax Income Income Tax Income Tax Tax % Change % Change
Alabama Companies (Loss) Expense (Loss) (Loss) Expense (Loss) Rate Rate March or March or
Market Caps At Least $1 Bil March or March or March or March or March or March or March or March or April Qtr April Qtr
Releasing March or April 2018 April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr 2018 2018
 Qtr Earnings By June 12, 2018 2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Regions Financial           542           128           414           420           127           293 23.6% 30.2% 29% 41%
Warrior Met Coal           179              -             179               110               2           108 0.0% 1.8% 63% 66%
Energen Corp           155             36           119             53             20             33 23.2% 37.7% 192% 261%
Encompass Health           136             30           106           125             40             85 22.1% 32.0% 9% 25%
Medical Properties Trust             92               1             91             69               1             68 1.1% 1.4% 33% 34%
Vulcan Materials             48              (5)             53             40              (3)             43 -10.4% -7.5% 20% 23%
ServisFirst Bancshares             40               7             33             30               8             22 17.5% 26.7% 33% 50%
Infinity Property & Casualty             25               5             20             15               4             11 20.0% 26.7% 67% 82%
ProAssurance               8              (4)             12             40              (1)             41 -50.0% -2.5% -80% -71%
Total all 9 Alabama Cos        1,225           198        1,027           902           198           704 16.2% 22.0% 36% 46%