Benchmark Bankshares, Inc. (BMBN)

Benchmark Bankshares Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	56.75	46.27	36.31	34.29	32.98
Interest Income on Investments	6.64	6.62	5.02	1.64	1.24
Total Interest Income	63.39	52.89	41.33	35.94	34.22
Interest Paid on Deposits	14.86	8.07	1.89	2.43	3.22
Interest Paid on Borrowings	0.06	0.08	0.13	0.19	0.26
Total Interest Expense	14.92	8.15	2.01	2.62	3.48
Net Interest Income	48.48	44.74	39.32	33.32	30.74
Net Interest Income Growth (YoY)	8.35%	13.80%	17.99%	8.41%	6.66%
Gain (Loss) on Sale of Investments	0.07	-0.21	-	-	-
Other Non-Interest Income	8.14	7.6	5.46	5.74	5.27
Total Non-Interest Income	10.13	9.36	7.93	8.74	7.53
Non-Interest Income Growth (YoY)	8.26%	18.08%	-9.31%	16.05%	10.14%
Revenues Before Loan Losses	58.61	54.1	47.24	42.06	38.27
Provision for Loan Losses	0.92	-0	1.02	0.33	0.56
Revenue	57.69	54.1	46.22	41.73	37.7
Revenue Growth (YoY)	6.64%	17.05%	10.77%	10.68%	8.04%
Salaries and Employee Benefits	20.56	18.49	16.45	15.23	13.94
Occupancy Expenses	3.51	2.89	2.25	1.21	1.14
Federal Deposit Insurance	0.83	0.68	0.52	-	-
Selling, General & Administrative	3.05	3.6	3.4	2.49	2.27
Other Non-Interest Expense	9.85	9.16	7.79	8.51	7.78
Total Non-Interest Expense	37.79	34.81	30.41	27.44	25.11
EBT Excluding Unusual Items	19.9	19.29	15.81	14.29	12.59
Other Unusual Items	-	-	0.69	-	-
Pretax Income	19.9	19.29	16.5	14.29	12.59
Income Tax Expense	4.05	3.91	3.26	2.77	2.37
Net Income	15.85	15.38	13.24	11.52	10.22
Net Income to Common	15.85	15.38	13.24	11.52	10.22
Net Income Growth	3.08%	16.16%	14.89%	12.77%	7.91%
Basic Shares Outstanding	4	5	5	5	4
Diluted Shares Outstanding	4	5	5	5	4
Shares Change (YoY)	-0.95%	-0.30%	-	1.09%	-6.10%
EPS (Basic)	3.55	3.41	2.93	2.55	2.28
EPS (Diluted)	3.55	3.41	2.93	2.55	2.28
EPS Growth	4.06%	16.36%	15.04%	11.70%	15.15%
Dividend Per Share	0.860	0.800	0.730	0.680	0.660
Dividend Growth	7.50%	9.59%	7.35%	3.03%	10.00%
Effective Tax Rate	20.33%	20.27%	19.75%	19.36%	18.83%

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.