The Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	448.17	458.82	436.65	275.84	192.64
Interest Income on Investments	103.44	92.78	72.86	32.46	29.48
Total Interest Income	551.61	551.59	509.51	308.3	222.12
Interest Paid on Deposits	162.75	164.37	148.53	51.14	5.62
Interest Paid on Borrowings	13.35	10.98	6.93	8.32	5.62
Total Interest Expense	176.1	175.35	155.46	59.45	11.24
Net Interest Income	375.51	376.24	354.05	248.84	210.88
Net Interest Income Growth (YoY)	-0.19%	6.27%	42.28%	18.00%	8.22%
Other Non-Interest Income	326.52	154.78	108.35	92.15	89.86
Total Non-Interest Income	328.33	157.51	112.09	105.68	104.75
Non-Interest Income Growth (YoY)	108.45%	40.52%	6.07%	0.89%	23.79%
Revenues Before Loan Losses	703.84	533.76	466.15	354.52	315.63
Provision for Loan Losses	177.69	38.37	18.33	7.11	3.11
Revenue	526.15	495.38	447.82	347.42	312.52
Revenue Growth (YoY)	6.21%	10.62%	28.90%	11.17%	14.42%
Salaries and Employee Benefits	142.55	116.61	109.66	97.78	97.37
Occupancy Expenses	-	4.16	3.07	2.9	2.9
Federal Deposit Insurance	4.54	3.58	2.96	3.27	5.59
Amortization of Goodwill & Intangibles	-	-	-	-	0.4
Selling, General & Administrative	32.2	53.81	49.87	43.29	45.65
Other Non-Interest Expense	43.82	24.78	24.16	19.36	16.44
Total Non-Interest Expense	223.11	202.94	191.04	166.6	168.35
EBT Excluding Unusual Items	303.04	292.44	256.77	180.82	144.17
Legal Settlements	-	-0.28	-	-1.15	-
Other Unusual Items	-	-	-	-1.75	-
Pretax Income	303.04	292.16	256.77	177.91	144.17
Income Tax Expense	74.82	74.62	64.48	47.7	33.72
Earnings From Continuing Operations	228.21	217.54	192.3	130.21	110.44
Earnings From Discontinued Operations	-	-	-	-	0.21
Net Income	228.21	217.54	192.3	130.21	110.65
Net Income to Common	228.21	217.54	192.3	130.21	110.65
Net Income Growth	4.91%	13.13%	47.68%	17.68%	38.17%
Basic Shares Outstanding	46	50	55	57	57
Diluted Shares Outstanding	46	51	55	57	59
Shares Change (YoY)	-8.46%	-7.88%	-3.87%	-2.65%	0.72%
EPS (Basic)	4.99	4.35	3.53	2.30	1.93
EPS (Diluted)	4.92	4.29	3.49	2.27	1.88
EPS Growth	14.69%	22.92%	53.74%	20.51%	37.37%
Effective Tax Rate	24.69%	25.54%	25.11%	26.81%	23.39%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q