FRBA
Income statement / Annual
Last year (2023), First Bank's total revenue was $103.80 M,
an increase of 6.47% 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 |
$103.80 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 |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$4.14 M
|
| Gross Profit |
$103.80 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
|
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 |
$37.26 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 |
$23.39 M
|
-$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 |
$60.65 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 |
$60.65 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 |
$46.00 M |
$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 |
-$15.99 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
|
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