BV Financial, Inc. (BVFL)

BV 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	41.96	41	37.74	31.26	28.73	17.76
Interest Income on Investments	5.6	5.68	5.68	2.09	0.65	0.46
Total Interest Income	47.56	46.68	43.42	33.35	29.38	18.23
Interest Paid on Deposits	9.66	9.04	5.61	1.36	1.9	2.3
Interest Paid on Borrowings	2.04	2.45	3.58	2.07	1.84	0.61
Total Interest Expense	11.69	11.5	9.19	3.43	3.73	2.9
Net Interest Income	35.87	35.19	34.23	29.92	25.65	15.32
Net Interest Income Growth (YoY)	5.52%	2.80%	14.40%	16.67%	67.37%	47.23%
Gain (Loss) on Sale of Assets	-	-	0.19	0.25	-	-
Other Non-Interest Income	2.04	2.09	2.45	3.62	1.86	1.42
Total Non-Interest Income	2.47	2.51	3.76	4.33	2.37	1.65
Non-Interest Income Growth (YoY)	-30.10%	-33.09%	-13.13%	82.41%	43.35%	226.23%
Revenues Before Loan Losses	38.33	37.7	37.99	34.25	28.02	16.98
Provision for Loan Losses	0.08	-0.2	-0.05	1.04	0.58	0.7
Revenue	38.26	37.9	38.03	33.21	27.44	16.28
Revenue Growth (YoY)	1.89%	-0.33%	14.53%	21.01%	68.55%	50.69%
Salaries and Employee Benefits	13.32	11.93	11.39	9.87	7.5	6.06
Federal Deposit Insurance	0.32	0.33	0.34	0.22	0.19	0.04
Amortization of Goodwill & Intangibles	0.18	0.18	0.18	0.18	0.18	0.16
Selling, General & Administrative	6.74	6.6	5.2	4.4	4.76	3.08
Other Non-Interest Expense	2.18	2.45	2.12	2.75	1.59	1.12
Total Non-Interest Expense	22.75	21.5	19.41	18.39	14.45	10.57
EBT Excluding Unusual Items	15.5	16.41	18.62	14.81	12.99	5.71
Other Unusual Items	-	-	-	1.34	-	3.29
Pretax Income	15.5	16.41	18.62	14.55	12.82	8.99
Income Tax Expense	4.26	4.68	4.92	4.03	3.38	1.35
Net Income	11.25	11.72	13.71	10.52	9.44	7.65
Net Income to Common	11.25	11.72	13.71	10.52	9.44	7.65
Net Income Growth	-14.57%	-14.47%	30.25%	11.47%	23.49%	209.14%
Basic Shares Outstanding	10	11	9	12	11	11
Diluted Shares Outstanding	11	11	9	12	11	11
Shares Change (YoY)	5.16%	14.66%	-23.46%	11.65%	0.20%	10.29%
EPS (Basic)	1.07	1.10	1.47	0.86	0.87	0.70
EPS (Diluted)	1.06	1.09	1.47	0.86	0.86	0.70
EPS Growth	-19.18%	-25.85%	70.49%	-	23.36%	181.59%
Effective Tax Rate	27.45%	28.54%	26.39%	27.68%	26.38%	15.00%

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q