BV Financial, Inc. (BVFL)

BV Financial Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	40.36	37.74	31.26	28.73	17.76	11.43
Interest Income on Investments	5.89	5.68	2.09	0.65	0.46	0.71
Total Interest Income	46.25	43.42	33.35	29.38	18.23	12.15
Interest Paid on Deposits	8.53	5.61	1.36	1.9	2.3	1.63
Interest Paid on Borrowings	2.63	3.58	2.07	1.84	0.61	0.11
Total Interest Expense	11.16	9.19	3.43	3.73	2.9	1.74
Net Interest Income	35.09	34.23	29.92	25.65	15.32	10.41
Net Interest Income Growth (YoY)	3.90%	14.40%	16.67%	67.37%	47.23%	74.15%
Gain (Loss) on Sale of Assets	-	0.19	0.25	-	-	-
Other Non-Interest Income	2.12	2.45	3.62	1.86	1.42	0.37
Total Non-Interest Income	2.57	3.76	4.33	2.37	1.65	0.51
Non-Interest Income Growth (YoY)	-36.40%	-13.13%	82.41%	43.35%	226.23%	19.86%
Revenues Before Loan Losses	37.66	37.99	34.25	28.02	16.98	10.91
Provision for Loan Losses	-0.37	-0.05	1.04	0.58	0.7	0.11
Revenue	38.03	38.03	33.21	27.44	16.28	10.8
Revenue Growth (YoY)	0.50%	14.53%	21.01%	68.55%	50.69%	71.90%
Salaries and Employee Benefits	12.1	11.39	9.87	7.5	6.06	4.5
Federal Deposit Insurance	0.34	0.34	0.22	0.19	0.04	0.06
Amortization of Goodwill & Intangibles	0.18	0.18	0.18	0.18	0.16	0.11
Selling, General & Administrative	5.59	5.2	4.4	4.76	3.08	1.93
Other Non-Interest Expense	2.21	2.12	2.75	1.59	1.12	0.8
Total Non-Interest Expense	20.45	19.41	18.39	14.45	10.57	7.47
EBT Excluding Unusual Items	17.58	18.62	14.81	12.99	5.71	3.34
Other Unusual Items	-	-	1.34	-	3.29	-
Pretax Income	17.58	18.62	14.55	12.82	8.99	3.34
Income Tax Expense	4.8	4.92	4.03	3.38	1.35	0.87
Net Income	12.78	13.71	10.52	9.44	7.65	2.47
Net Income to Common	12.78	13.71	10.52	9.44	7.65	2.47
Net Income Growth	-4.83%	30.25%	11.47%	23.49%	209.14%	2617.58%
Basic Shares Outstanding	11	9	12	11	11	10
Diluted Shares Outstanding	11	9	12	11	11	10
Shares Change (YoY)	24.60%	-23.46%	11.65%	0.20%	10.29%	115.80%
EPS (Basic)	1.15	1.47	0.86	0.87	0.70	0.25
EPS (Diluted)	1.15	1.47	0.86	0.86	0.70	0.25
EPS Growth	-23.57%	70.49%	0%	23.37%	181.59%	1166.32%
Effective Tax Rate	27.30%	26.39%	27.68%	26.38%	15.00%	25.91%

Source: S&P Capital IQ. Banks template. Financial Sources.