Main Street Financial Services Corp. (MSWV)

MSWV 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	74.69	54.67	32.43	23.46	20.01	18.75
Interest Income on Investments	5.67	5.67	2.66	2.36	1.8	1.6
Total Interest Income	80.35	60.33	35.1	25.82	21.81	20.36
Interest Paid on Deposits	26.84	21.46	8.47	2.39	1.99	2.56
Interest Paid on Borrowings	6.2	6.2	4.45	0.66	0.52	0.59
Total Interest Expense	33.04	27.67	12.92	3.05	2.51	3.15
Net Interest Income	47.32	32.67	22.18	22.77	19.3	17.2
Net Interest Income Growth (YoY)	73.46%	47.32%	-2.61%	17.99%	12.19%	4.69%
Gain (Loss) on Sale of Investments	0.68	0.68	-	-	-0.06	-
Other Non-Interest Income	2.21	2.17	2.04	1.87	1.38	1.12
Total Non-Interest Income	4.2	4.16	3.02	2.73	2.56	3.03
Non-Interest Income Growth (YoY)	4.61%	37.85%	10.47%	6.76%	-15.69%	17.14%
Revenues Before Loan Losses	51.51	36.83	25.19	25.5	21.86	20.24
Provision for Loan Losses	1.18	4.78	0.53	1.22	0.75	1.29
Revenue	50.33	32.04	24.66	24.28	21.11	18.95
Revenue Growth (YoY)	89.36%	29.93%	1.58%	15.01%	11.42%	1.77%
Salaries and Employee Benefits	15.7	12.43	7.62	7.64	6.8	5.96
Occupancy Expenses	5.25	3.99	2.57	1.95	1.85	1.69
Federal Deposit Insurance	0.79	0.64	0.53	0.26	0.22	0.13
Amortization of Goodwill & Intangibles	1.38	1.38	-	-	-	-
Selling, General & Administrative	3.6	4.23	1.75	1.09	0.89	0.94
Other Non-Interest Expense	4.82	3.77	2.35	2.22	2.16	2
Total Non-Interest Expense	31.53	26.44	14.82	13.15	11.93	10.72
EBT Excluding Unusual Items	18.8	5.61	9.84	11.13	9.18	8.23
Pretax Income	18.8	5.61	9.84	11.13	9.18	8.23
Income Tax Expense	3.77	0.9	2.01	2.13	1.75	1.54
Net Income	15.03	4.7	7.83	9	7.44	6.69
Net Income to Common	15.03	4.7	7.83	9	7.44	6.69
Net Income Growth	322.99%	-39.96%	-13.00%	21.07%	11.17%	3.71%
Basic Shares Outstanding	8	6	4	4	4	4
Diluted Shares Outstanding	8	6	4	4	4	4
Shares Change (YoY)	51.30%	59.60%	-3.24%	-6.89%	-4.59%	-2.86%
EPS (Basic)	1.93	0.76	2.04	2.28	1.75	1.51
EPS (Diluted)	1.92	0.76	2.03	2.25	1.74	1.49
EPS Growth	178.75%	-62.56%	-9.89%	29.70%	16.54%	6.99%
Dividend Per Share	0.428	0.420	0.527	0.527	0.481	0.459
Dividend Growth	-22.40%	-20.35%	-	9.51%	4.99%	5.28%
Effective Tax Rate	20.03%	16.11%	20.38%	19.09%	19.00%	18.67%

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