First Bank (FRBA) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	245.8M	246.8M	229.4M	173.3M	112.4M
Cost of Revenue	109.7M	110.5M	100.8M	77.4M	17.8M
Gross Profit	136.1M	136.3M	128.7M	95.9M	94.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	52.5M	54.9M	44.1M	37.3M	29.5M
General & Admin Expense	51.7M	54.9M	42.8M	36.1M	28.9M
Selling & Marketing Expense	803.0K	—	1.4M	1.2M	682.0K
Other Expenses	27.3M	24.0M	29.4M	31.4M	17.2M
Total Operating Expenses	79.8M	79.0M	73.5M	68.7M	46.7M
Cost and Expenses	189.4M	189.5M	174.3M	146.1M	64.5M
Operating Income (EBIT)	56.4M	57.3M	55.1M	27.2M	47.9M
Non-Operating
Interest Income	234.6M	236.4M	222.1M	174.0M	107.3M
Interest Expense	94.1M	98.6M	99.6M	69.5M	14.9M
Net Interest Income	140.5M	137.8M	122.5M	104.5M	92.4M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	56.4M	57.3M	55.1M	27.2M	47.9M
Income Tax Expense	13.8M	13.6M	12.9M	6.3M	11.6M
Bottom Line
Net Income	42.5M	43.7M	42.2M	20.9M	36.3M
Earnings from Cont. Ops	42.5M	43.7M	42.2M	20.9M	36.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	42.5M	43.7M	42.2M	20.9M	36.3M
Per Share
Basic EPS	$1.72	$1.75	$1.68	$0.95	$1.86
Diluted EPS	$1.69	$1.74	$1.67	$0.95	$1.84
Revenue Per Share	$9.86	$9.89	$9.13	$7.90	$5.76
Shares
Basic Shares Outstanding	24.9M	24.9M	25.1M	21.9M	19.5M
Diluted Shares Outstanding	25.1M	25.1M	25.3M	22.1M	19.7M
Profitability Metrics
EBITDA	59.4M	61.5M	59.5M	30.0M	49.4M
D&A	3.1M	4.2M	4.3M	2.8M	1.6M
EBIT	56.4M	57.3M	55.1M	27.2M	47.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026