CW Bancorp (CWBK)

CW Bancorp 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	40.69	40.02	34.57	26.5	25.12
Interest Income on Investments	13.5	12.17	6.75	3.71	2.79
Total Interest Income	54.19	52.19	41.32	30.21	27.91
Interest Paid on Deposits	12.37	9.58	2.11	0.99	1.89
Interest Paid on Borrowings	1.88	1.88	1.88	1.03	0
Total Interest Expense	14.24	11.47	4	2.02	1.9
Net Interest Income	39.95	40.72	37.32	28.19	26.01
Net Interest Income Growth (YoY)	-1.89%	9.09%	32.42%	8.35%	20.26%
Other Non-Interest Income	1.23	1.46	1.59	1.71	7.28
Total Non-Interest Income	6.17	6.38	6.06	6.16	7.28
Non-Interest Income Growth (YoY)	-3.37%	5.26%	-1.51%	-15.47%	131.14%
Revenues Before Loan Losses	46.12	47.1	43.39	34.34	33.29
Provision for Loan Losses	0.03	-1.33	1.2	0.53	6.59
Revenue	46.09	48.42	42.19	33.82	26.7
Revenue Growth (YoY)	-4.82%	14.79%	24.75%	26.64%	11.67%
Other Non-Interest Expense	27.8	24.09	18.08	15.22	14.45
Total Non-Interest Expense	27.8	24.09	18.08	15.22	14.45
EBT Excluding Unusual Items	18.29	24.34	24.1	18.6	12.25
Pretax Income	18.29	24.34	24.1	18.6	12.25
Income Tax Expense	5.14	6.73	6.74	4.42	3.16
Net Income	13.15	17.61	17.36	14.18	9.09
Net Income to Common	13.15	17.61	17.36	14.18	9.09
Net Income Growth	-25.34%	1.44%	22.44%	55.97%	10.76%
Basic Shares Outstanding	3	3	3	4	4
Diluted Shares Outstanding	3	3	3	4	4
Shares Change (YoY)	-6.42%	-5.90%	-3.27%	-2.08%	13.44%
EPS (Basic)	4.34	5.46	5.14	4.03	2.55
EPS (Diluted)	4.30	5.39	5.00	3.95	2.48
EPS Growth	-20.22%	7.80%	26.58%	59.27%	-2.36%
Dividend Per Share	0.920	0.920	0.880	0.800	0.800
Dividend Growth	-	4.54%	10.00%	-	17.65%
Effective Tax Rate	28.12%	27.64%	27.97%	23.75%	25.77%

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