What is BANCORP 34 INC's earnings per share (EPS)?

BANCORP 34 INC (BCTF) reported diluted earnings per share of $0.25 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

BANCORP 34 INC (BCTF) Financials

BCTF

FY2024 annual

Revenue $34.9M +119.2% YoY

Net Income $1.7M +149.6% YoY

EPS (Diluted) $0.25 YoY not available

Free Cash Flow $2.5M +261.7% YoY

Market Cap $106.4M as of Sep 18, 2026

Price / Sales 3.1x on $34.9M revenue, FY2024

Price / Earnings 63.0x on $1.7M net income, FY2024

Price / Book 1.2x on $86.5M equity, Q4 FY2024

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 18, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2024, ended Dec 31, 2024 Reported Mar 6, 2025 Currency USD FYE December

Newest figures come from the 10-K for FY2024, filed Mar 6, 2025. Each column of the statement tables below links to the filing it was taken from.

BANCORP 34 INC (BCTF) reported $34.9M in revenue for fiscal year 2024, up 119.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BCTF FY2024 2026-09-05

Balance-sheet expansion funded mainly by liabilities leaves interest costs absorbing much of Bancorp 34’s operating revenue.

The 2024 earnings rebound is more cash-backed than it first appears: operating cash flow of $2.97M exceeded net income of $1.69M. That conversion coexisted with weak asset productivity: $1.69M of profit on $918.1M of assets produced only 0.2% ROA, so better cash realization did not make the enlarged balance sheet highly productive.

The debt mix became less dependent on long-term borrowing: debt-to-equity fell from 0.9x to 0.3x. Yet total liabilities of $831.6M versus $86.5M of equity indicate that the broader funding base remains liability-heavy.

Revenue more than doubled from FY2023 to FY2024, but net margin recovered only to 4.9%, indicating balance-sheet growth did not translate proportionally into earnings. Interest expense reached $21.5M against $34.9M of revenue, helping explain why the much larger revenue base still produced modest returns.

Financial Health Signals

Financial health score not available

BANCORP 34 INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

6/7

BANCORP 34 INC passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.76x

For every $1 of reported earnings, BANCORP 34 INC generates $1.76 in operating cash flow ($3.0M OCF vs $1.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$8.6M

YoY+127.7%

QoQ-0.9%

BANCORP 34 INC generated $8.6M in revenue in Q4 2024. This represents an increase of 127.7% from the same quarter a year earlier. Against the prior quarter it is down 0.9%.

Net Income

$148K

YoY+108.8%

QoQ-90.6%

BANCORP 34 INC reported $148K in net income in Q4 2024. This represents an increase of 108.8% from the same quarter a year earlier. Against the prior quarter it is down 90.6%.

EPS (Diluted)

$0.01

5Y CAGR-38.1%

BANCORP 34 INC earned $0.01 per diluted share (EPS) in Q4 2024.

EBITDA

Not reported for Q4 2024.

Cash & Balance Sheet

Free Cash Flow

$368K

YoY+110.5%

QoQ-83.0%

BANCORP 34 INC generated $368K in free cash flow in Q4 2024, representing cash available after capex. This represents an increase of 110.5% from the same quarter a year earlier. Against the prior quarter it is down 83.0%.

Cash & Debt

$113.6M

YoY+293.1%

QoQ-11.1%

BANCORP 34 INC held $113.6M in cash against $28.5M in long-term debt as of Q4 2024.

Shares Outstanding

BANCORP 34 INC had 7M shares outstanding in Q4 2024.

Dividends Per Share

Not reported for Q4 2024.

Margins & Returns

Net Margin

1.7%

YoY+46.2pp

QoQ-16.5pp

BANCORP 34 INC's net profit margin was 1.7% in Q4 2024, showing the share of revenue converted to profit. This is up 46.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 16.5 percentage points.

Return on Equity

0.2%

YoY+2.9pp

QoQ-1.6pp

BANCORP 34 INC's ROE was 0.2% in Q4 2024, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.

Gross Margin

Not reported for Q4 2024.

Operating Margin

Not reported for Q4 2024.

Capital Allocation

Capital Expenditures

$258K

YoY+104.8%

QoQ+136.7%

BANCORP 34 INC invested $258K in capex in Q4 2024, funding long-term assets and infrastructure. This represents an increase of 104.8% from the same quarter a year earlier. Against the prior quarter it is up 136.7%.

R&D Spending

Not reported for Q4 2024.

Share Buybacks

Not reported for Q4 2024.

BCTF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BCTF quarterly income statement

Metric	FY2410-K	FY2310-K	FY2210-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Revenue	$34.9M+119.2%	$15.9M-16.3%	$19.0M	$15.1M+3.8%	$14.6M-43.0%	$25.6M+11.1%	$23.0M+46.8%	$15.7M
SG&A Expenses	$12.9M+111.3%	$6.1M-32.6%	$9.1M	$6.6M+8.0%	$6.1M-57.5%	$14.4M+9.7%	$13.1M+58.3%	$8.3M
Interest Expense	$21.5M+65.9%	$12.9M+143.7%	$5.3M	$4.8M+51.9%	$3.2M+39.7%	$2.3M+34.9%	$1.7M+17.4%	$1.4M
Income Tax	-$1.1M-137.1%	-$453K-881.0%	$58K	$666K-1.3%	$675K-65.7%	$2.0M+147.2%	-$4.2M-20958.0%	$20K
Net Income	$1.7M+149.6%	-$3.4M-355.8%	$1.3M	$710K-33.8%	$1.1M+197.7%	$361K-93.2%	$5.3M+1551.6%	$321K
EPS (Basic)	$0.25+128.4%	-$0.88-257.1%	$0.56	$0.23-30.3%	$0.33+200.0%	$0.11-93.0%	$1.57+1644.4%	$0.09
EPS (Diluted)	$0.25	-$0.88	$0.56	$0.23-30.3%	$0.33+200.0%	$0.11-93.0%	$1.57+1644.4%	$0.09
Diluted Shares (Avg)	N/A	N/A	N/A	3M-2.6%	3M-2.9%	3M-3.2%	3M-0.7%	3M

Metric	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q
Revenue	$8.6M+127.7%	$8.7M+123.7%	$9.1M+124.9%	$8.5M+101.8%	$3.8M	$3.9M-17.8%	$4.0M	$4.2M
SG&A Expenses	$3.9M+296.5%	$3.1M+110.3%	$3.4M+119.0%	$2.5M+20.1%	$979K	$1.5M-20.8%	$1.6M	$2.1M
Interest Expense	$5.8M+51.8%	$5.8M+66.7%	$5.7M+84.4%	$4.3M+63.9%	$3.8M	$3.5M+131.5%	$3.1M	$2.6M
Income Tax	$101K+474.1%	$477K+179.1%	$351K+1747.4%	-$2.0M-1367.7%	-$27K	-$603K-287.9%	$19K	$158K
Net Income	$148K+108.8%	$1.6M+169.2%	$1.5M+1347.1%	-$1.5M-446.6%	-$1.7M	-$2.3M-326.6%	$104K	$444K-55.8%
EPS (Basic)	$0.01+102.5%	$0.22+142.3%	$0.21+2000.0%	-$0.31-381.8%	-$0.40+51.2%	-$0.52-223.8%	$0.01	$0.11-73.8%
EPS (Diluted)	$0.01	$0.22	$0.21+2000.0%	-$0.31-381.8%	-$0.40+50.6%	-$0.52	$0.01	$0.11
Diluted Shares (Avg)	N/A	820,000	820,000	N/A	N/A	4M	N/A	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

BCTF Balance Sheet

BCTF quarterly balance sheet

Metric	FY2410-K	FY2310-K	FY2210-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Total Assets	$918.1M+57.9%	$581.3M+1.2%	$574.3M	$393.7M+2.7%	$383.3M+14.0%	$336.2M+2.2%	$328.9M+21.4%	$271.0M
Cash & Equivalents	$113.6M+293.1%	$28.9M+70.5%	$16.9M	$29.5M+150.4%	$11.8M+19.3%	$9.9M-39.8%	$16.4M-17.2%	$19.8M
Short-Term Investments	$5.7M-0.3%	$5.7M-2.5%	$5.8M	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$831.6M+59.8%	$520.5M-0.9%	$525.1M	$348.7M+3.5%	$336.9M+18.1%	$285.2M+2.6%	$278.1M+15.2%	$241.3M
Long-Term Debt	$28.5M-47.2%	$54.0M	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$86.5M+42.5%	$60.7M+25.0%	$48.6M	$45.1M-2.9%	$46.4M-8.9%	$51.0M+0.4%	$50.8M+71.3%	$29.6M
Retained Earnings	$26.0M+7.0%	$24.3M-16.2%	$29.0M	$23.2M+1.0%	$22.9M-12.0%	$26.1M+1.4%	$25.7M+26.0%	$20.4M

Metric	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q
Total Assets	$918.1M+57.9%	$939.4M+61.7%	$922.3M	$980.2M	$581.3M+1.2%	$580.9M	N/A	N/A
Cash & Equivalents	$113.6M+293.1%	$127.8M+779.1%	$78.7M+596.4%	$72.7M+644.3%	$28.9M+70.5%	$14.5M+27.1%	$11.3M	$9.8M
Short-Term Investments	$5.7M-0.3%	$5.6M-2.2%	$5.6M	$5.6M	$5.7M-2.5%	$5.8M	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$831.6M+59.8%	$852.3M+63.8%	$838.2M	$898.0M	$520.5M-0.9%	$520.5M	N/A	N/A
Long-Term Debt	$28.5M-47.2%	$57.2M+32.9%	$57.2M	$77.5M	$54.0M	$43.0M	N/A	N/A
Total Equity	$86.5M+42.5%	$87.1M+44.2%	$84.1M+31.9%	$82.2M+27.5%	$60.7M+25.0%	$60.4M+66.4%	$63.7M	$64.5M
Retained Earnings	$26.0M+7.0%	$25.8M-0.5%	$24.3M	$22.8M	$24.3M-16.2%	$26.0M	N/A	N/A

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.

BCTF Cash Flow Statement

BCTF quarterly cash flow statement

Metric	FY2410-K	FY2310-K	FY2210-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Operating Cash Flow	$3.0M+226.8%	$910K-90.7%	$9.8M	$32.0M+542.0%	-$7.2M-146.9%	$15.4M+122.9%	$6.9M+36.1%	$5.1M
Depreciation & Amortization	$1.1M+80.1%	$583K+19.2%	$489K	$611K-13.1%	$703K+3.7%	$678K+11.7%	$607K+7.4%	$565K
Stock-Based Compensation	$752K+735.6%	$90K-69.2%	$292K	$292K-25.8%	$393K+1492.6%	$25K	$0	N/A
Capital Expenditures	$500K+121.2%	$226K-67.0%	$684K	$20K-89.9%	$198K-71.1%	$685K-25.5%	$919K+120.0%	$418K
Free Cash Flow	$2.5M+261.7%	$684K-92.5%	$9.1M	$32.0M+530.0%	-$7.4M-150.4%	$14.7M+145.6%	$6.0M+28.6%	$4.7M
Investing Cash Flow	$160.1M+34485.3%	$463K+100.8%	-$56.8M	-$22.7M+38.2%	-$36.7M-32.8%	-$27.6M+55.5%	-$62.1M	N/A
Financing Cash Flow	-$78.4M-841.3%	$10.6M-78.2%	$48.5M	$8.4M-81.7%	$45.8M+709.3%	$5.7M-89.1%	$51.8M	N/A
Dividends Paid	N/A	$656K-6.3%	$700K	$482K-88.4%	$4.2M	N/A	N/A	N/A
Share Buybacks	N/A	$210K+169.2%	$78K	$2.7M+41.8%	$1.9M+364.9%	$414K	$0	N/A

Metric	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q
Operating Cash Flow	$626K+118.4%	$2.3M+11.3%	$1.3M-12.3%	-$1.2M-263.9%	-$3.4M-152.4%	$2.0M	$1.5M	$759K
Depreciation & Amortization	$296K+80.5%	$284K+89.3%	$282K+107.4%	$189K+42.1%	$164K+27.1%	$150K	$136K	$133K
Stock-Based Compensation	N/A	N/A	N/A	$30K-3.2%	N/A	N/A	N/A	$31K
Capital Expenditures	$258K+104.8%	$109K+2080.0%	$33K-42.1%	$100K+163.2%	$126K-52.6%	$5K	$57K	$38K
Free Cash Flow	$368K+110.5%	$2.2M+6.2%	$1.3M-11.1%	-$1.3M-286.4%	-$3.5M-156.7%	$2.0M	$1.4M	$721K
Investing Cash Flow	$4.9M-67.8%	$33.1M+5073.6%	$61.7M+900.0%	$60.4M+887.7%	$15.2M+578.2%	$640K	-$7.7M	-$7.7M
Financing Cash Flow	-$19.7M-874.4%	$13.7M+2385.9%	-$57.1M-837.4%	-$15.4M-5827.4%	$2.5M+15.2%	$552K	$7.7M	-$259K
Dividends Paid	N/A	N/A	N/A	N/A	$0-100.0%	-$1K	$329K	$328K
Share Buybacks	N/A	N/A	N/A	N/A	$0	$0	$0	$210K

BCTF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BCTF quarterly financial ratios

Metric	FY2410-K	FY2310-K	FY2210-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Net Margin	4.9%+26.2pp	-21.4%-28.4pp	7.0%	4.7%-2.7pp	7.4%+5.9pp	1.4%-21.6pp	23.0%+20.9pp	2.0%
Return on Equity	1.9%+7.5pp	-5.6%-8.3pp	2.7%	1.6%-0.7pp	2.3%+1.6pp	0.7%-9.7pp	10.4%+9.3pp	1.1%
Return on Assets	0.2%+0.8pp	-0.6%-0.8pp	0.2%	0.2%-0.1pp	0.3%+0.2pp	0.1%-1.5pp	1.6%+1.5pp	0.1%
Debt-to-Equity	0.33-0.6x	0.89-9.9x	10.81	7.73+0.5x	7.26+1.7x	5.60+0.1x	5.48-2.7x	8.14
Asset Turnover	0.040.0x	0.030.0x	0.03	0.040.0x	0.040.0x	0.080.0x	0.070.0x	0.06
FCF Margin	7.1%+2.8pp	4.3%-43.5pp	47.8%	168.7%	-51.0%-108.5pp	57.6%+31.5pp	26.1%-3.7pp	29.7%

Metric	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q
Net Margin	1.7%+46.2pp	18.2%+77.0pp	16.6%+14.0pp	-18.0%-28.5pp	-44.5%	-58.8%-80.1pp	2.6%	10.5%
Return on Equity	0.2%+2.9pp	1.8%+5.6pp	1.8%+1.6pp	-1.9%-2.6pp	-2.8%	-3.8%-6.5pp	0.2%	0.7%
Return on Assets	0.0%+0.3pp	0.2%+0.6pp	0.2%	-0.2%	-0.3%	-0.4%	N/A	N/A
Debt-to-Equity	0.33-0.6x	0.66-0.1x	0.68	0.94	0.89-9.9x	0.71	N/A	N/A
Asset Turnover	0.010.0x	0.010.0x	0.01	0.01	0.01	0.01	N/A	N/A
FCF Margin	4.3%+97.8pp	25.1%-27.7pp	14.1%-21.6pp	-15.8%-32.8pp	-93.5%	52.8%	35.7%	17.1%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
BANCORP 34 INC BCTF	FY2024	$34.9M	$1.7M	4.9%	$106.4M	—
F & M BANK CORP FMBM	FY2025	$52.7M	$11.2M	21.3%	$144.5M	—
TC BANCSHARES INC TCBC	FY2023	$15.1M	$266K	1.8%	$86.0M	—
BANK OF SO CAROLINA CORP BKSC	FY2022	$21.0M	$6.7M	31.8%	$100.2M	—

Where BANCORP 34 INC Ranks

Frequently Asked Questions

What is BANCORP 34 INC's annual revenue?

BANCORP 34 INC (BCTF) reported $34.9M in total revenue for fiscal year 2024. This represents a 119.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is BANCORP 34 INC's revenue growing?

BANCORP 34 INC (BCTF) revenue grew by 119.2% year-over-year, from $15.9M to $34.9M in fiscal year 2024.

Is BANCORP 34 INC profitable?

Yes, BANCORP 34 INC (BCTF) reported a net income of $1.7M in fiscal year 2024, with a net profit margin of 4.9%.

How much debt does BANCORP 34 INC have?

As of fiscal year 2024, BANCORP 34 INC (BCTF) had $113.6M in cash and equivalents against $28.5M in long-term debt.

What is BANCORP 34 INC's net profit margin?

BANCORP 34 INC (BCTF) had a net profit margin of 4.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is BANCORP 34 INC's return on equity (ROE)?

BANCORP 34 INC (BCTF) has a return on equity of 1.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is BANCORP 34 INC's free cash flow?

BANCORP 34 INC (BCTF) generated $2.5M in free cash flow during fiscal year 2024. This represents a 261.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is BANCORP 34 INC's operating cash flow?

BANCORP 34 INC (BCTF) generated $3.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are BANCORP 34 INC's total assets?

BANCORP 34 INC (BCTF) had $918.1M in total assets as of fiscal year 2024, including both current and long-term assets.

What are BANCORP 34 INC's capital expenditures?

BANCORP 34 INC (BCTF) invested $500K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does BANCORP 34 INC have outstanding?

BANCORP 34 INC (BCTF) had 7M shares outstanding as of fiscal year 2024.

What is BANCORP 34 INC's debt-to-equity ratio?

BANCORP 34 INC (BCTF) had a debt-to-equity ratio of 0.33 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is BANCORP 34 INC's return on assets (ROA)?

BANCORP 34 INC (BCTF) had a return on assets of 0.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is BANCORP 34 INC's P/E ratio?

BANCORP 34 INC (BCTF) trades at 63.0x earnings, its market capitalization divided by net income of $1.7M net income, FY2024. The market capitalization is $106.4M as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is BANCORP 34 INC's price-to-sales ratio?

BANCORP 34 INC (BCTF) trades at 3.1x sales, its market capitalization divided by revenue of $34.9M revenue, FY2024. The market capitalization is $106.4M as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is BANCORP 34 INC's Piotroski F-Score?

BANCORP 34 INC (BCTF) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are BANCORP 34 INC's earnings high quality?

BANCORP 34 INC (BCTF) has an earnings quality ratio of 1.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.