River Financial Corporation (RVRF)

River Financial 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	159.69	147.73	112.87	73.07	62.06	56.3
Interest Income on Investments	24.33	22.39	19.39	15.8	9.74	7.11
Total Interest Income	184.02	170.11	132.26	88.87	71.8	63.41
Interest Paid on Deposits	68.35	66.03	43.81	7.8	4.04	6.77
Interest Paid on Borrowings	8.09	9.63	9.14	2.18	1.61	1.36
Total Interest Expense	76.44	75.66	52.95	9.99	5.65	8.13
Net Interest Income	107.58	94.45	79.31	78.89	66.15	55.28
Net Interest Income Growth (YoY)	26.26%	19.09%	0.53%	19.26%	19.67%	37.07%
Mortgage Banking Activities	5.45	4.67	3.83	4.74	7.39	5.28
Gain (Loss) on Sale of Investments	-4.88	-2.82	0.01	-2.07	-0.61	0.09
Other Non-Interest Income	14.97	13.56	16.76	9.57	7.76	6.43
Total Non-Interest Income	15.54	15.41	20.6	12.24	14.54	11.81
Non-Interest Income Growth (YoY)	-5.00%	-25.19%	68.26%	-15.82%	23.18%	18.22%
Revenues Before Loan Losses	123.11	109.86	99.91	91.13	80.69	67.08
Provision for Loan Losses	6.52	5.79	5.24	3.84	4.74	8.62
Revenue	116.59	104.07	94.66	87.29	75.95	58.47
Revenue Growth (YoY)	21.07%	9.94%	8.45%	14.94%	29.90%	23.34%
Salaries and Employee Benefits	39.52	37.79	36.16	30.26	27.01	21.91
Federal Deposit Insurance	2.9	2.82	2.65	1.32	1.3	0.83
Selling, General & Administrative	15.51	13.79	13.34	11.44	9.26	8.34
Other Non-Interest Expense	8.25	8.27	8.86	8.39	6.25	5.47
Total Non-Interest Expense	66.33	62.95	61.08	51.41	43.75	36.78
EBT Excluding Unusual Items	50.26	41.12	33.59	35.88	32.2	21.69
Pretax Income	50.26	41.12	33.59	35.88	32.2	21.69
Income Tax Expense	11.85	9.8	6.85	7.95	7.16	4.6
Net Income	38.41	31.32	26.74	27.93	25.04	17.09
Net Income to Common	38.41	31.32	26.74	27.93	25.04	17.09
Net Income Growth	39.93%	17.12%	-4.26%	11.55%	46.49%	53.77%
Basic Shares Outstanding	8	8	7	7	7	6
Diluted Shares Outstanding	8	8	7	7	7	7
Shares Change (YoY)	2.96%	9.43%	4.67%	2.06%	0.64%	10.85%
EPS (Basic)	4.99	4.09	3.84	4.21	3.83	2.63
EPS (Diluted)	4.94	4.05	3.79	4.14	3.79	2.60
EPS Growth	35.60%	6.86%	-8.45%	9.23%	45.77%	38.30%
Dividend Per Share	0.540	0.500	0.480	0.440	0.400	0.360
Dividend Growth	8.00%	4.17%	9.09%	10.00%	11.11%	9.09%
Effective Tax Rate	23.58%	23.84%	20.39%	22.15%	22.25%	21.19%

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