University Bancorp, Inc. (UNIB)

University Bancorp Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	62.45	61.79	54.54	42.27	20.59	11.75
Interest Income on Investments	12.11	3.64	3.76	5.5	1.65	0.42
Total Interest Income	74.56	65.43	58.3	47.76	22.24	12.17
Interest Paid on Deposits	17.28	17.24	14.1	12.92	1.1	0.07
Interest Paid on Borrowings	7.46	7.46	7.05	3.59	0.72	0.09
Total Interest Expense	24.74	24.7	21.15	16.5	1.83	0.15
Net Interest Income	49.82	40.73	37.15	31.26	20.41	12.02
Net Interest Income Growth (YoY)	59.38%	9.64%	18.86%	53.12%	69.86%	5.43%
Gain (Loss) on Sale of Investments	0.41	0.41	-0.5	-1.69	-1.38	-
Other Non-Interest Income	36.26	36.26	35.5	31.76	45.15	46.49
Total Non-Interest Income	72.08	72.08	66.96	57.81	71.7	121.12
Non-Interest Income Growth (YoY)	24.69%	7.64%	15.84%	-19.38%	-40.80%	-3.93%
Revenues Before Loan Losses	121.89	112.81	104.11	89.06	92.12	133.13
Provision for Loan Losses	-0.6	-0.6	0.71	0.96	-0.03	-0.43
Revenue	122.5	113.42	103.4	88.1	92.15	133.56
Revenue Growth (YoY)	39.04%	9.69%	17.36%	-4.39%	-31.01%	-0.25%
Salaries and Employee Benefits	67.03	67.03	58.27	54.19	59.3	71.17
Federal Deposit Insurance	0.61	0.61	0.67	0.58	0.13	0.12
Amortization of Goodwill & Intangibles	0.06	0.06	0.06	0.06	0.06	0.06
Selling, General & Administrative	26.01	26.17	23.93	19.75	20.58	19.54
Other Non-Interest Expense	7.21	7.25	5.88	4.45	6.88	6.53
Total Non-Interest Expense	100.93	101.13	88.82	79.03	86.95	97.43
EBT Excluding Unusual Items	21.57	12.28	14.58	9.07	5.2	36.14
Other Unusual Items	-	-	-	-	0.13	-0.11
Pretax Income	21.57	12.28	14.58	9.07	5.33	36.02
Income Tax Expense	2.46	2.31	2.76	2.27	1.12	7.98
Earnings From Continuing Operations	19.11	9.97	11.82	6.8	4.21	28.04
Minority Interest in Earnings	-0.95	-0.95	-1.35	-1.37	-0.42	-2.72
Net Income	18.16	9.02	10.47	5.43	3.79	25.32
Preferred Dividends & Other Adjustments	0.21	0.21	-	0.14	0.17	1.69
Net Income to Common	17.95	8.81	10.47	5.29	3.62	23.63
Net Income Growth	234.62%	-13.80%	92.89%	43.20%	-85.03%	-9.58%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	4.71%	-	4.71%	-0.01%	1.03%	-6.28%
EPS (Basic)	3.47	1.70	2.02	1.07	0.74	4.90
EPS (Diluted)	3.46	1.70	2.02	1.07	0.73	4.84
EPS Growth	223.60%	-15.84%	88.78%	46.58%	-84.92%	-8.85%
Dividend Per Share	0.300	0.300	0.100	-	0.450	0.380
Dividend Growth	-	200.00%	-	-	18.42%	153.33%
Effective Tax Rate	11.41%	18.83%	18.95%	25.04%	20.99%	22.16%

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