Monday, July 16, 2018

The 15 Alabama Cos With March, April or May 2018 Quarter Ends (The First Full Quarter of the Trump Tax Cuts Act), With Market Caps of At Least $100 Mil and Which Have Released These 2018 Quarter Earnings By July 5, 2018 Generated March, April or May 2018 Quarter Total Pretax Income (PTI) of $1.276 Bil, Up an Exceptional 32.8% From Their Previous Year's Quarter Total PTI of $0.961 Bil .......................................................................................

Three Alabama Companies Drove This Strong PTI Growth

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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 ....................................................................................... 

Alabama Oil & Gas Co Energen Increased Its March 2018 Quarter PTI By an Off-the-Charts 192%, Even More Than Double That of the Texas Oil & Gas Cos .......................................................................................

And Alabama Coal Co Warrior Met Coal Increased Its March 2018 PTI Growth By 63%

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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, April or May 2018 and 2017 Quarters for all US Companies including both Partnerships and REITs which are Headquartered in the US State of Alabama with March, April or May 2018 Quarter Ends, with stock market caps of at least $100 Mil recently and which have released their March, April or May 2018 Quarter Earnings by July 5, 2018.
 US GAAP   US GAAP 
Pretax Net
 US GAAP   US GAAP  Income Income
 US GAAP   US GAAP   US GAAP   US GAAP   US GAAP   US GAAP   Effective   Effective  Better Better
Pretax  Income  Net Pretax  Income  Net  Income   Income  (Worse) (Worse)
Income Tax Income Income Tax Income Tax Tax % Change % Change
Alabama Company (Loss) Expense (Loss) (Loss) Expense (Loss) Rate Rate March, March,
Market Caps of $100 Mil+ March, March, March, March, March, March, March, March, April or April or
Releasing March, April or April or April or April or April or April or April or April or April or May Qtr May Qtr
 May 2018 Quarter May Qtr May Qtr May Qtr May Qtr May Qtr May Qtr May Qtr May Qtr 2018 2018
Earnings By July 5, 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%
Hibbett Sports             29               7             22             34             13             21 24.1% 38.2% -15% 5%
Infinity Property & Casualty             25               5             20             15               4             11 20.0% 26.7% 67% 82%
Construction Partners             16               5             11               4               1               3 31.3% 25.0% 300% 267%
National Commerce             12               3               9               9               3               6 25.0% 33.3% 33% 50%
ProAssurance               8              (4)             12             40              (1)             41 -50.0% -2.5% -80% -71%
Computer Programs&Systems               6               2               4               1               1              -   33.3% 100.0% 500% #DIV/0!
Auburn National Bancorp               3               1               2               3               1               2 33.3% 33.3% 0% 0%
Adtran            (15)              (4)            (11)               8               1               7 26.7% 12.5% -288% -257%
Total all 15 Alabama Cos        1,276           212        1,064           961           218           743 16.6% 22.7% 32.8% 43%