First Business Financial Services, Inc. (FRA:45D)

Stronghold Digital Mining Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	223.35	216.9	182.65	115.37	91.84	89.16
Interest Income on Investments	16.9	16.23	12.28	6	4.15	5.02
Total Interest Income	240.25	233.13	194.93	121.37	96	94.18
Interest Paid on Deposits	96.68	97.92	71.42	13.18	3.55	8.92
Interest Paid on Borrowings	12.37	11	10.92	9.77	7.78	8.19
Total Interest Expense	109.05	108.92	82.34	22.95	11.33	17.11
Net Interest Income	131.2	124.21	112.59	98.42	84.66	77.07
Net Interest Income Growth (YoY)	11.01%	10.32%	14.39%	16.25%	9.85%	10.33%
Trust Income	13.93	13.26	11.43	10.88	10.78	8.61
Gain (Loss) on Sale of Investments	-	-0.01	-0.05	-	0.03	-2.4
Gain (Loss) on Sale of Equity Investments	1.93	1.93	5.02	3.01	2.5	0.52
Other Non-Interest Income	7.25	8.35	9.72	9.15	6.9	11.5
Total Non-Interest Income	29.9	29.25	31.31	29.43	28.1	24.55
Non-Interest Income Growth (YoY)	0.66%	-6.57%	6.39%	4.73%	14.48%	26.98%
Revenues Before Loan Losses	161.1	153.46	143.9	127.85	112.76	101.62
Provision for Loan Losses	10.15	8.83	8.18	-3.87	-5.8	16.81
Revenue	150.95	144.63	135.71	131.72	118.57	84.81
Revenue Growth (YoY)	8.24%	6.57%	3.03%	11.09%	39.80%	-2.63%
Salaries and Employee Benefits	60.94	60.32	58.08	55.16	49.2	43.98
Federal Deposit Insurance	3.15	2.76	2.24	1.04	1.14	1.24
Selling, General & Administrative	27.79	26.72	23.72	20.88	18.79	17.07
Other Non-Interest Expense	3.96	3.58	4.43	2.37	2.36	4.12
Total Non-Interest Expense	95.95	93.48	88.58	79.47	71.54	66.5
EBT Excluding Unusual Items	55.01	51.15	47.14	52.24	47.03	18.31
Pretax Income	55.01	51.15	47.14	52.24	47.03	18.31
Income Tax Expense	7.47	6.91	10.11	11.39	11.28	1.33
Net Income	47.53	44.25	37.03	40.86	35.76	16.98
Preferred Dividends & Other Adjustments	1.93	1.91	1.81	1.79	1.05	0.42
Net Income to Common	45.61	42.34	35.21	39.07	34.7	16.56
Net Income Growth	21.83%	19.49%	-9.38%	14.27%	110.60%	-27.21%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change (YoY)	0.10%	0.21%	-1.16%	-1.06%	-0.83%	-1.54%
EPS (Basic)	5.60	5.20	4.33	4.75	4.17	1.97
EPS (Diluted)	5.60	5.20	4.33	4.75	4.17	1.97
EPS Growth	22.50%	20.00%	-8.82%	13.88%	111.67%	-26.49%
Dividend Per Share	1.080	1.000	0.910	0.790	0.720	0.660
Dividend Growth	13.09%	9.89%	15.19%	9.72%	9.09%	10.00%
Effective Tax Rate	13.59%	13.50%	21.45%	21.79%	23.97%	7.25%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.