BV Financial, Inc. (BVFL)

BV Financial Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	41	37.74	31.26	28.73	17.76
Interest Income on Investments	5.68	5.68	2.09	0.65	0.46
Total Interest Income	46.68	43.42	33.35	29.38	18.23
Interest Paid on Deposits	9.04	5.61	1.36	1.9	2.3
Interest Paid on Borrowings	2.45	3.58	2.07	1.84	0.61
Total Interest Expense	11.5	9.19	3.43	3.73	2.9
Net Interest Income	35.19	34.23	29.92	25.65	15.32
Net Interest Income Growth (YoY)	2.80%	14.40%	16.67%	67.37%	47.23%
Gain (Loss) on Sale of Assets	-	0.19	0.25	-	-
Other Non-Interest Income	2.09	2.45	3.62	1.86	1.42
Total Non-Interest Income	2.51	3.76	4.33	2.37	1.65
Non-Interest Income Growth (YoY)	-33.08%	-13.13%	82.41%	43.35%	226.23%
Revenues Before Loan Losses	37.7	37.99	34.25	28.02	16.98
Provision for Loan Losses	-0.2	-0.05	1.04	0.58	0.7
Revenue	37.9	38.03	33.21	27.44	16.28
Revenue Growth (YoY)	-0.33%	14.53%	21.01%	68.55%	50.69%
Salaries and Employee Benefits	14.01	11.39	9.87	7.5	6.06
Federal Deposit Insurance	0.33	0.34	0.22	0.19	0.04
Amortization of Goodwill & Intangibles	0.18	0.18	0.18	0.18	0.16
Selling, General & Administrative	4.52	5.2	4.4	4.76	3.08
Other Non-Interest Expense	2.45	2.12	2.75	1.59	1.12
Total Non-Interest Expense	21.5	19.41	18.39	14.45	10.57
EBT Excluding Unusual Items	16.41	18.62	14.81	12.99	5.71
Other Unusual Items	-	-	1.34	-	3.29
Pretax Income	16.41	18.62	14.55	12.82	8.99
Income Tax Expense	4.68	4.92	4.03	3.38	1.35
Net Income	11.72	13.71	10.52	9.44	7.65
Net Income to Common	11.72	13.71	10.52	9.44	7.65
Net Income Growth	-14.47%	30.25%	11.47%	23.49%	209.14%
Basic Shares Outstanding	11	9	12	11	11
Diluted Shares Outstanding	11	9	12	11	11
Shares Change (YoY)	14.09%	-23.46%	11.65%	0.20%	10.29%
EPS (Basic)	1.10	1.47	0.86	0.87	0.70
EPS (Diluted)	1.10	1.47	0.86	0.86	0.70
EPS Growth	-25.17%	70.49%	0%	23.37%	181.59%
Effective Tax Rate	28.54%	26.39%	27.68%	26.38%	15.00%

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