Thursday, August 13, 2020

Alabama Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During the Obama Administration's Eight Years in Office (2009-2016) ..... Up a Blistering 21% Per Year ..... Than They Did During the Trump Administration's First Three Full Years in Office (2017-2019) ..... Up 5% Per Year. These Companies Saw Their Total Pretax Earnings Improve By $8.546 Bil During the Obama Administration, Going From Total Pretax Losses of $5.185 Bil in 2008 to Total Pretax Earnings of $3.361 Bil in 2016.

From a review of SEC filings and Google Finance, there were 10 Alabama Companies with stock market caps of above $100 mil recently and which reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Years from 2008-2019). 

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 10 Alabama Companies for fiscal year end 2019, the last year of the Trump Administration's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Trump Administration as well as also the last year of the Obama Administration, and for fiscal year end 2008, the year before the start of the Obama Administration.


Average Average
  Annual  Annual 
Annual Audited Audited Audited % Change % Change
    Audited Pretax Pretax Pretax During During
    Fincl Income Income Income Trump Obama
  Alabama Sts (Loss) (Loss) (Loss) Admin's Admin's
Alabama Companies City State 2019 FYE FYE FYE 3 Years 8 Years
Stock Market Caps Above $100 Mil HQs HQs FYE 2019 2016 2008 2017-19 2009-16
 $ mils  $ mils  $ mils
Regions Financial Birmingham AL Dec 19             1,985             1,664           (5,933) 6% NM
Vulcan Materials Birmingham AL Dec 19                758                547                  75 13% 79%
Encompass Health Birmingham AL Dec 19                562                482                196 6% 18%
Medical Properties Trust Birmingham AL Dec 19                374                219                  19 24% 132%
ServisFirst Bancshares Birmingham AL Dec 19                187                111                  11 23% 114%
Hibbett Sports Birmingham AL Jan 20                  36                  96                  47 -21% 13%
Computer Programs & Systems Mobile AL Dec 19                  24                    8                  25 67% -9%
Auburn National Bancorp Auburn AL Dec 19                  12                  11                    9 2% 4%
Adtran Huntsville AL Dec 19                (25)                  47                118 -51% -8%
ProAssurance Birmingham AL Dec 19                (29)                176                248 -39% -4%
Total all 10 Alabama Cos             3,884             3,361           (5,185) 5% 21%