FineMark Holdings, Inc. (FNBT)

FineMark Holdings 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	137.51	135.32	112.14	77.51	68.07	63.68
Interest Income on Investments	34.77	37.34	26.39	15.78	10.87	12.23
Total Interest Income	172.28	172.66	138.52	93.29	78.94	75.91
Interest Paid on Deposits	85.9	87.42	56.73	13.92	4.32	7.87
Interest Paid on Borrowings	29.37	34.57	31.86	9.48	9.93	9.87
Total Interest Expense	115.27	122	88.59	23.4	14.25	17.74
Net Interest Income	57.01	50.66	49.93	69.89	64.69	58.17
Net Interest Income Growth (YoY)	24.24%	1.46%	-28.56%	8.04%	11.20%	26.34%
Trust Income	37.7	36.65	29.77	26.62	26.64	20.88
Gain (Loss) on Sale of Investments	0.1	0.1	-	-	0.9	5.71
Other Non-Interest Income	4.21	4.14	4.19	3.79	3.6	2.02
Total Non-Interest Income	42.02	40.9	33.97	30.41	31.14	28.61
Non-Interest Income Growth (YoY)	17.45%	20.41%	11.71%	-2.35%	8.82%	26.84%
Revenues Before Loan Losses	99.03	91.56	83.9	100.3	95.83	86.79
Provision for Loan Losses	0.3	0.72	0.41	2.45	0.03	4.99
Revenue	98.73	90.84	83.49	97.85	95.8	81.8
Revenue Growth (YoY)	20.56%	8.80%	-14.67%	2.15%	17.11%	21.88%
Salaries and Employee Benefits	54.51	51.85	43.65	41.81	36.66	30.23
Selling, General & Administrative	21.31	20.82	24.3	21.95	18.41	15.75
Other Non-Interest Expense	10.41	10.49	9.99	7.62	7.14	7.1
Total Non-Interest Expense	86.22	83.15	77.94	71.37	62.21	53.07
EBT Excluding Unusual Items	12.51	7.7	5.55	26.48	33.59	28.73
Other Unusual Items	-	0.37	0.53	2.35	-1.2	-0.16
Pretax Income	12.51	8.06	6.09	28.83	32.39	28.57
Income Tax Expense	2.86	1.7	0.99	6.46	7.36	6.61
Net Income	9.65	6.36	5.1	22.37	25.03	21.96
Preferred Dividends & Other Adjustments	1.83	1.29	-	-	-	-
Net Income to Common	7.82	5.08	5.1	22.37	25.03	21.96
Net Income Growth	147.12%	24.79%	-77.20%	-10.63%	13.99%	44.38%
Basic Shares Outstanding	12	12	12	12	10	9
Diluted Shares Outstanding	12	12	12	12	10	9
Shares Change (YoY)	2.02%	1.85%	0.74%	13.02%	15.42%	0.65%
EPS (Basic)	0.64	0.42	0.43	1.91	2.43	2.46
EPS (Diluted)	0.64	0.42	0.43	1.89	2.39	2.42
EPS Growth	96.34%	-1.99%	-77.33%	-20.92%	-1.24%	43.20%
Effective Tax Rate	22.84%	21.07%	16.22%	22.42%	22.73%	23.15%

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