First Bank
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Bank's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $95,858,000. Profit margin reached 22%. Total operating expenses were $103,801,000.
Profit Margin
| 2014 | 21.26M | 5.83M | 27.44% |
|---|---|---|---|
| 2015 | 25.46M | 3.88M | 15.26% |
| 2016 | 30.53M | 6.40M | 20.98% |
| 2017 | 41.77M | 6.99M | 16.74% |
| 2018 | 58.39M | 17.58M | 30.12% |
| 2019 | 62.36M | 13.44M | 21.56% |
| 2020 | 75.90M | 19.44M | 25.62% |
| 2021 | 89.64M | 35.42M | 39.52% |
| 2022 | 97.49M | 36.28M | 37.22% |
| 2023 | 95.85M | 20.89M | 21.8% |
FRBA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 95.85M | 97.49M | 89.64M | 75.90M | 62.36M | 58.39M | 41.77M | 30.53M | 25.46M | 21.26M |
Cost of revenue | -77.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.14M |
Gross profit | 173.23M | 97.49M | 89.64M | 75.90M | 62.36M | 58.39M | 41.77M | 30.53M | 25.46M | 17.12M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.16M | 682K | 526K | 427K | 822K | 759K | 594K | 502K | 470K | 511K |
Total operating expenses | 103.80M | -34.71M | -42.92M | -49.92M | -43.34M | -18.96M | -15.82M | -11.60M | -13.45M | 13.21M |
Operating income | 35.20M | 62.77M | 46.72M | 25.97M | 19.01M | 39.42M | 25.95M | 18.92M | 12.01M | 7.01M |
Other income (expenses), net | -8.04M | -14.88M | 46.72M | -4.41M | 19.01M | -17.79M | -4.55M | -9.42M | 0 | 84K |
Income before tax | 27.15M | 47.88M | 46.72M | 25.97M | 19.01M | 21.63M | 14.42M | 9.50M | 5.07M | 8.05M |
Income tax expense | 6.26M | 11.60M | 11.29M | 6.53M | 5.56M | 4.04M | 7.42M | 3.09M | 1.18M | 2.21M |
Net income | 20.89M | 36.28M | 35.42M | 19.44M | 13.44M | 17.58M | 6.99M | 6.40M | 3.88M | 5.83M |
Earnings per share | ||||||||||
Basic EPS | 0.95 | 1.86 | 1.81 | 0.98 | 0.7 | 0.97 | 0.49 | 0.61 | 0.41 | 0.63 |
Diluted EPS | 0.95 | 1.84 | 1.79 | 0.97 | 0.69 | 0.95 | 0.48 | 0.61 | 0.41 | 0.63 |