MSWV Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	82.73	75.33	54.67	32.43	23.46	20.01
Interest Income on Investments	7.96	7.96	5.67	2.66	2.36	1.8
Total Interest Income	90.69	83.28	60.33	35.1	25.82	21.81
Interest Paid on Deposits	31.11	29.49	21.46	8.47	2.39	1.99
Interest Paid on Borrowings	3.34	3.34	6.2	4.45	0.66	0.52
Total Interest Expense	34.45	32.83	27.67	12.92	3.05	2.51
Net Interest Income	56.24	50.45	32.67	22.18	22.77	19.3
Net Interest Income Growth	18.87%	54.44%	47.32%	-2.61%	17.99%	12.19%
Gain (Loss) on Sale of Investments	-	-	0.68	-	-	-0.06
Other Non-Interest Income	3.09	2.67	2.17	2.04	1.87	1.38
Total Non-Interest Income	4.38	3.96	4.16	3.02	2.73	2.56
Non-Interest Income Growth	4.32%	-4.83%	37.85%	10.47%	6.76%	-15.69%
Revenues Before Loan Losses	60.62	54.41	36.83	25.19	25.5	21.86
Provision for Loan Losses	1.35	1.58	4.78	0.53	1.22	0.75
Revenue	59.27	52.84	32.04	24.66	24.28	21.11
Revenue Growth	17.76%	64.88%	29.93%	1.58%	15.01%	11.42%
Salaries and Employee Benefits	14.47	14.98	11.71	7.62	7.64	6.8
Occupancy Expenses	5.48	5.11	3.99	2.57	1.95	1.85
Federal Deposit Insurance	0.84	0.78	0.64	0.53	0.26	0.22
Amortization of Goodwill & Intangibles	2	2.18	1.38	-	-	-
Selling, General & Administrative	4.28	4.58	4.95	1.75	1.09	0.89
Other Non-Interest Expense	3.96	3.89	3.77	2.35	2.22	2.16
Total Non-Interest Expense	31.01	31.52	26.44	14.82	13.15	11.93
EBT Excluding Unusual Items	28.26	21.32	5.61	9.84	11.13	9.18
Pretax Income	28.26	21.32	5.61	9.84	11.13	9.18
Income Tax Expense	5.94	4.57	0.9	2.01	2.13	1.75
Net Income	22.32	16.75	4.7	7.83	9	7.44
Net Income to Common	22.32	16.75	4.7	7.83	9	7.44
Net Income Growth	48.45%	256.13%	-39.96%	-13.00%	21.07%	11.17%
Basic Shares Outstanding	8	8	6	4	4	4
Diluted Shares Outstanding	8	8	6	4	4	4
Shares Change	1.09%	27.18%	59.60%	-3.24%	-6.89%	-4.59%
EPS (Basic)	2.85	2.14	0.76	2.04	2.28	1.75
EPS (Diluted)	2.82	2.14	0.76	2.03	2.25	1.74
EPS Growth	47.24%	181.58%	-62.56%	-9.89%	29.70%	16.54%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.600	0.570	0.420	0.527	0.527	0.481
Dividend Growth	40.12%	35.71%	-20.35%	0%	9.51%	4.99%
Effective Tax Rate	21.03%	21.43%	16.11%	20.38%	19.09%	19.00%