FRBA
Income statement / Annual
Last year (2023), First Bank's total revenue was $95.86 M,
a decrease of 1.68% from the previous year.
In 2023, First Bank's net income was $20.90 M.
See First Bank’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$95.86 M
|
$97.49 M
|
$89.64 M
|
$75.91 M
|
$62.36 M
|
$58.40 M
|
$41.78 M
|
$30.53 M
|
$25.47 M
|
$21.27 M
|
| Cost of Revenue |
-$77.38 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.14 M |
| Gross Profit |
$173.24 M |
$97.49 M |
$89.64 M |
$75.91 M |
$62.36 M |
$58.40 M |
$41.78 M |
$30.53 M |
$25.47 M |
$17.13 M |
| Gross Profit Ratio |
1.81 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
0.81 |
| 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 |
$36.10 M
|
$30.18 M
|
$30.20 M
|
$27.51 M
|
$24.30 M
|
$21.38 M
|
$15.27 M
|
$12.12 M
|
$11.43 M
|
$2.50 M
|
| Selling & Marketing
Expenses |
$1.16 M
|
$682,000.00
|
$526,000.00
|
$427,000.00
|
$822,000.00
|
$759,000.00
|
$594,000.00
|
$502,000.00
|
$470,000.00
|
$511,000.00
|
| Selling, General &
Administrative Expenses |
$52.01 M
|
$30.87 M
|
$30.73 M
|
$27.93 M
|
$25.13 M
|
$22.14 M
|
$15.86 M
|
$12.63 M
|
$11.90 M
|
$13.30 M
|
| Other Expenses |
$0.00 |
-$65.58 M |
-$73.65 M |
-$77.86 M |
-$68.47 M |
-$41.11 M |
-$31.68 M |
-$24.23 M |
-$25.36 M |
$4.14 M |
| Operating Expenses |
$52.01 M |
-$34.72 M |
-$42.92 M |
-$49.93 M |
-$43.35 M |
-$18.97 M |
-$15.82 M |
-$11.61 M |
-$13.45 M |
$13.21 M |
| Cost And Expenses |
$52.01 M |
-$34.72 M |
-$42.92 M |
-$49.93 M |
-$43.35 M |
-$18.97 M |
-$15.82 M |
-$11.61 M |
-$13.45 M |
$13.21 M |
| Interest Income |
$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 |
$0.00 |
| Interest Expense |
$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 |
$4.14 M |
| Depreciation &
Amortization |
$2.85 M
|
$1.56 M
|
$1.58 M
|
$1.88 M
|
$1.67 M
|
$1.40 M
|
$714,000.00
|
$632,000.00
|
$608,000.00
|
-$7.01 M
|
| EBITDA |
$0.00
|
$49.44 M
|
$48.30 M
|
$27.86 M
|
$20.68 M
|
$23.04 M
|
$15.13 M
|
$10.14 M
|
$0.00
|
$1.04 M
|
| EBITDA Ratio |
0 |
0.66 |
0.54 |
0.37 |
0.33 |
0.7 |
0.64 |
0.64 |
0.5 |
0.05 |
| Operating Income Ratio
|
0.37
|
0.64
|
0.52
|
0.34
|
0.3
|
0.68
|
0.62
|
0.62
|
0.47
|
0.33
|
| Total Other
Income/Expenses Net |
-$8.05 M
|
-$5.21 M
|
-$4.93 M
|
-$4.42 M
|
-$3.65 M
|
-$4.40 M
|
-$4.56 M
|
-$2.25 M
|
$0.00
|
$84,000.00
|
| Income Before Tax |
$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 |
$8.05 M |
| Income Before Tax Ratio
|
0.28
|
0.49
|
0.52
|
0.34
|
0.3
|
0.37
|
0.35
|
0.31
|
0.2
|
0.38
|
| Income Tax Expense |
$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 |
$2.22 M |
| Net Income |
$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 |
$5.84 M |
| Net Income Ratio |
0.22 |
0.37 |
0.4 |
0.26 |
0.22 |
0.3 |
0.17 |
0.21 |
0.15 |
0.27 |
| EPS |
0.95 |
1.86 |
1.81 |
0.98 |
0.7 |
0.97 |
0.49 |
0.61 |
0.41 |
0.63 |
| EPS Diluted |
0.95 |
1.84 |
1.79 |
0.97 |
0.69 |
0.95 |
0.48 |
0.61 |
0.41 |
0.63 |
| Weighted Average Shares
Out |
$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
|
$9.26 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$9.31 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
