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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	138.1	135.32	112.14	77.51	68.07	63.68
Interest Income on Investments	33.25	37.34	26.39	15.78	10.87	12.23
Total Interest Income	171.35	172.66	138.52	93.29	78.94	75.91
Interest Paid on Deposits	83	87.42	56.73	13.92	4.32	7.87
Interest Paid on Borrowings	25.21	34.57	31.86	9.48	9.93	9.87
Total Interest Expense	108.21	122	88.59	23.4	14.25	17.74
Net Interest Income	63.14	50.66	49.93	69.89	64.69	58.17
Net Interest Income Growth (YoY)	41.17%	1.46%	-28.56%	8.04%	11.20%	26.34%
Trust Income	38.48	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	3.86	4.14	4.19	3.79	3.6	2.02
Total Non-Interest Income	42.45	40.9	33.97	30.41	31.14	28.61
Non-Interest Income Growth (YoY)	13.35%	20.41%	11.71%	-2.35%	8.82%	26.84%
Revenues Before Loan Losses	105.59	91.56	83.9	100.3	95.83	86.79
Provision for Loan Losses	0.1	0.72	0.41	2.45	0.03	4.99
Revenue	105.49	90.84	83.49	97.85	95.8	81.8
Revenue Growth (YoY)	28.36%	8.80%	-14.67%	2.15%	17.11%	21.88%
Salaries and Employee Benefits	52.2	47.48	43.65	41.81	36.66	30.23
Occupancy Expenses	0.21	-	-	-	-	-
Selling, General & Administrative	26.67	25.19	24.3	21.95	18.41	15.75
Other Non-Interest Expense	10.22	10.49	9.99	7.62	7.14	7.1
Total Non-Interest Expense	89.3	83.15	77.94	71.37	62.21	53.07
EBT Excluding Unusual Items	16.19	7.7	5.55	26.48	33.59	28.73
Other Unusual Items	0.37	0.37	0.53	2.35	-1.2	-0.16
Pretax Income	16.56	8.06	6.09	28.83	32.39	28.57
Income Tax Expense	3.68	1.7	0.99	6.46	7.36	6.61
Net Income	12.88	6.36	5.1	22.37	25.03	21.96
Preferred Dividends & Other Adjustments	2.36	1.29	-	-	-	-
Net Income to Common	10.53	5.08	5.1	22.37	25.03	21.96
Net Income Growth	353.50%	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)	3.46%	1.85%	0.74%	13.02%	15.42%	0.65%
EPS (Basic)	0.86	0.42	0.43	1.91	2.43	2.46
EPS (Diluted)	0.86	0.42	0.43	1.89	2.39	2.42
EPS Growth	354.83%	-1.99%	-77.33%	-20.92%	-1.24%	43.20%
Effective Tax Rate	22.20%	21.07%	16.22%	22.42%	22.73%	23.15%

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