FRBA
Income statement / Annual
Last year (2024), First Bank's total revenue was $229.44 M,
an increase of 32.39% from the previous year.
In 2024, First Bank's net income was $42.24 M.
See First Bank,s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
Operating Revenue |
$229.44 M |
$173.30 M |
$112.38 M |
$98.87 M |
$95.55 M |
$88.17 M |
$76.19 M |
$53.31 M |
$39.96 M |
$32.41 M |
Cost of Revenue |
$100.76 M
|
$77.44 M
|
$17.76 M
|
$8.99 M
|
$29.19 M
|
$29.79 M
|
$21.24 M
|
$14.21 M
|
$12.12 M
|
$9.61 M
|
Gross Profit |
$128.68 M
|
$95.86 M
|
$94.62 M
|
$89.64 M
|
$66.37 M
|
$58.38 M
|
$54.95 M
|
$39.10 M
|
$27.84 M
|
$22.80 M
|
Gross Profit Ratio |
0.56
|
0.55
|
0.84
|
0.91
|
0.69
|
0.66
|
0.72
|
0.73
|
0.7
|
0.7
|
Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative Expenses |
$42.76 M
|
$36.10 M
|
$28.85 M
|
$26.94 M
|
$26.28 M
|
$23.43 M
|
$20.35 M
|
$14.40 M
|
$11.22 M
|
$10.66 M
|
Selling & Marketing Expenses |
$1.36 M
|
$1.16 M
|
$682.00 K
|
$526.00 K
|
$427.00 K
|
$822.00 K
|
$759.00 K
|
$594.00 K
|
$465.00 K
|
$470.00 K
|
Selling, General & Administrative Expenses |
$44.11 M
|
$37.26 M
|
$29.54 M
|
$27.46 M
|
$26.71 M
|
$24.25 M
|
$21.11 M
|
$14.99 M
|
$11.68 M
|
$11.13 M
|
Other Expenses |
$29.42 M
|
$31.44 M
|
$17.20 M
|
$15.69 M
|
$13.68 M
|
$15.11 M
|
$12.20 M
|
$9.69 M
|
$6.65 M
|
$6.60 M
|
Operating Expenses |
$73.53 M
|
$68.70 M
|
$46.73 M
|
$43.15 M
|
$40.39 M
|
$39.36 M
|
$33.31 M
|
$24.68 M
|
$18.33 M
|
$17.73 M
|
Cost And Expenses |
$174.29 M
|
$146.14 M
|
$64.49 M
|
$52.14 M
|
$69.57 M
|
$69.15 M
|
$54.56 M
|
$38.89 M
|
$30.45 M
|
$27.34 M
|
Interest Income |
$222.13 M
|
$174.02 M
|
$107.26 M
|
$91.11 M
|
$89.20 M
|
$84.17 M
|
$72.74 M
|
$51.20 M
|
$38.33 M
|
$30.76 M
|
Interest Expense |
$99.58 M
|
$69.50 M
|
$14.89 M
|
$9.22 M
|
$19.65 M
|
$25.80 M
|
$17.79 M
|
$11.54 M
|
$9.42 M
|
$6.94 M
|
Depreciation & Amortization |
$4.32 M
|
$2.85 M
|
$1.56 M
|
$1.58 M
|
$1.91 M
|
$1.69 M
|
$1.40 M
|
$714.00 K
|
$632.00 K
|
$608.00 K
|
EBITDA |
$59.47 M |
$30.01 M |
$49.44 M |
$48.30 M |
$27.86 M |
$20.68 M |
$23.04 M |
$15.13 M |
$10.14 M |
$5.68 M |
EBITDA Ratio |
0.26
|
0.17
|
0.44
|
0.49
|
0.29
|
0.23
|
0.3
|
0.28
|
0.25
|
0.18
|
Operating Income Ratio |
0.24
|
0.16
|
0.43
|
0.47
|
0.27
|
0.22
|
0.28
|
0.27
|
0.24
|
0.16
|
Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
Income Before Tax |
$55.15 M
|
$27.16 M
|
$47.89 M
|
$46.72 M
|
$25.98 M
|
$19.01 M
|
$21.64 M
|
$14.42 M
|
$9.50 M
|
$5.07 M
|
Income Before Tax Ratio |
0.24
|
0.16
|
0.43
|
0.47
|
0.27
|
0.22
|
0.28
|
0.27
|
0.24
|
0.16
|
Income Tax Expense |
$12.90 M
|
$6.26 M
|
$11.60 M
|
$11.30 M
|
$6.53 M
|
$5.57 M
|
$4.05 M
|
$7.43 M
|
$3.10 M
|
$1.19 M
|
Net Income |
$42.24 M
|
$20.90 M
|
$36.29 M
|
$35.43 M
|
$19.45 M
|
$13.45 M
|
$17.59 M
|
$6.99 M
|
$6.41 M
|
$3.89 M
|
Net Income Ratio |
0.18
|
0.12
|
0.32
|
0.36
|
0.2
|
0.15
|
0.23
|
0.13
|
0.16
|
0.12
|
EPS |
1.67 |
0.95 |
1.86 |
1.81 |
0.98 |
0.7 |
0.97 |
0.49 |
0.61 |
0.41 |
EPS Diluted |
1.67 |
0.95 |
1.84 |
1.79 |
0.97 |
0.69 |
0.95 |
0.48 |
0.61 |
0.41 |
Weighted Average Shares Out |
$25.13 M
|
$21.94 M
|
$19.50 M
|
$19.61 M
|
$19.89 M
|
$19.10 M
|
$18.21 M
|
$14.22 M
|
$10.42 M
|
$9.42 M
|
Weighted Average Shares Out Diluted |
$25.28 M
|
$22.07 M
|
$19.72 M
|
$19.82 M
|
$20.01 M
|
$19.39 M
|
$18.57 M
|
$14.58 M
|
$10.58 M
|
$9.49 M
|
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