Freedom Financial Holdings, Inc. (FDVA)

FDVA 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	48.95	48.53	44.43	32.21	28.34	22.13
Interest Income on Investments	12.75	13.07	12.09	6.71	3.22	2.4
Total Interest Income	61.69	61.6	56.52	38.93	31.56	24.53
Interest Paid on Deposits	30.41	31.49	27.61	6.51	2.28	4.24
Interest Paid on Borrowings	4.85	4.85	1.72	0.83	0.77	0.82
Total Interest Expense	35.26	36.34	29.33	7.34	3.04	5.06
Net Interest Income	26.43	25.26	27.19	31.59	28.52	19.47
Net Interest Income Growth (YoY)	-0.41%	-7.11%	-13.92%	10.77%	46.47%	20.75%
Gain (Loss) on Sale of Investments	0	0	-	0.02	0.01	0.05
Other Non-Interest Income	2.5	2.53	2.43	2.4	2.19	3.1
Total Non-Interest Income	4.62	4.82	3.9	5.69	9.72	15.45
Non-Interest Income Growth (YoY)	11.90%	23.62%	-31.51%	-41.51%	-37.05%	185.59%
Revenues Before Loan Losses	31.05	30.07	31.09	37.28	38.24	34.91
Provision for Loan Losses	-0.3	-0.61	5.74	1.25	0.84	1.49
Revenue	31.35	30.68	25.35	36.03	37.4	33.42
Revenue Growth (YoY)	22.92%	21.03%	-29.64%	-3.67%	11.90%	56.64%
Salaries and Employee Benefits	14.3	14.26	13.67	14.62	15.88	15.82
Selling, General & Administrative	6.65	6.79	5.52	5.23	5.23	4.93
Other Non-Interest Expense	3.93	4.03	3.99	2.92	3.03	3.59
Total Non-Interest Expense	24.88	25.08	23.18	22.77	24.14	24.34
EBT Excluding Unusual Items	6.47	5.6	2.17	13.25	13.26	9.08
Pretax Income	6.47	5.6	2.17	13.25	13.26	9.08
Income Tax Expense	0.9	0.89	-0.15	2.69	2.53	1.72
Net Income	5.57	4.71	2.32	10.56	10.73	7.36
Net Income to Common	5.57	4.71	2.32	10.56	10.73	7.36
Net Income Growth	147.76%	103.14%	-78.05%	-1.53%	45.67%	172.23%
Basic Shares Outstanding	7	7	7	7	7	7
Diluted Shares Outstanding	7	7	7	7	7	7
Shares Change (YoY)	-0.71%	-0.59%	0.18%	-0.76%	1.17%	0.72%
EPS (Basic)	0.77	0.65	0.32	1.45	1.47	1.02
EPS (Diluted)	0.77	0.65	0.32	1.45	1.46	1.01
EPS Growth	148.55%	103.75%	-78.07%	-0.69%	44.55%	172.97%
Effective Tax Rate	13.97%	15.88%	-	20.29%	19.07%	18.92%

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.