See more : Sparinvest Mix Minimum Risiko (SPIMIXMINRISKKLA.CO) Income Statement Analysis – Financial Results
Complete financial analysis of First Sound Bank (FSWA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Sound Bank, a leading company in the Banks – Regional industry within the Financial Services sector.
- RESOL HOLDINGS Co.,Ltd. (5261.T) Income Statement Analysis – Financial Results
- China Hongqiao Group Limited (1378.HK) Income Statement Analysis – Financial Results
- Guangzhou Guangri Stock Co.,Ltd. (600894.SS) Income Statement Analysis – Financial Results
- Sichuan Hexie Shuangma Co., Ltd. (000935.SZ) Income Statement Analysis – Financial Results
- ALTINAY SAVUNMA (ALTNY.IS) Income Statement Analysis – Financial Results
First Sound Bank (FSWA)
About First Sound Bank
First Sound Bank provides various banking products and services for individuals, small and medium-sized businesses, not-for-profit organizations, entrepreneurs, and professional service firms in Western Washington. The company's deposit products include checking, savings, money market, and sweep accounts. It also offers consumer loans comprising personal loans, ready cash line of credit, and home equity lines of credit; and commercial loans, such as lines of credit, commercial real estate loans, export activity and foreign receivables, investment property loans, and small business administration loans, as well as cash flow solutions. In addition, the company provides cash management services; and international services, including import and export letters of credit, standby letters of credit, documentary collections, and foreign exchange services, as well as international remittances, drafts, and wires. Further, it offers Sound eCapture services that allow its customers to scan checks, create digital deposits, and transmit for account clearing and posting. Additionally, the company provides equipment financing; and ATM card, debit card, credit card, merchant, mobile and online banking, and courier services. It operates through a branch in downtown Seattle, Washington. The company was founded in 2004 and is headquartered in Seattle, Washington.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.68M | 6.33M | 5.98M | 5.35M | 4.98M | 5.17M | 2.23M | 326.00K |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 8.68M | 6.33M | 5.98M | 5.35M | 4.98M | 5.17M | 2.23M | 326.00K |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 657.00K | 748.00K | 724.00K | 805.00K | 2.59M | 1.82M | 621.00K |
| Selling & Marketing | 0.00 | 3.27M | 2.96M | 3.05M | 2.83M | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 3.93M | 3.71M | 3.78M | 3.63M | 2.59M | 1.82M | 621.00K |
| Other Expenses | -1.70M | -1.54M | -1.86M | -1.98M | -1.63M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.70M | 1.54M | 1.86M | 1.98M | 1.63M | 0.00 | 0.00 | 0.00 |
| Cost & Expenses | 8.59M | 5.73M | 5.43M | 5.55M | 4.94M | 0.00 | 0.00 | 0.00 |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.21M | 3.42M | 394.00K |
| Interest Expense | 0.00 | 300.00K | 144.00K | 37.00K | 1.00K | 3.16M | 1.24M | 69.00K |
| Depreciation & Amortization | 167.90K | 31.00K | 50.00K | 55.00K | 51.00K | 0.00 | 181.00K | 51.00K |
| EBITDA | 0.00 | 31.00K | 3.59M | -562.00K | -19.00K | 466.00K | -1.20M | -1.32M |
| EBITDA Ratio | 0.00% | 0.49% | 60.00% | -10.51% | -0.38% | 9.02% | -53.99% | -404.91% |
| Operating Income | 6.99M | 596.00K | 549.00K | 356.00K | 59.00K | 466.00K | -1.38M | -1.37M |
| Operating Income Ratio | 80.47% | 9.42% | 9.18% | 6.66% | 1.18% | 9.02% | -62.12% | -420.55% |
| Total Other Income/Expenses | -6.89M | 0.00 | 0.00 | -3.57M | -19.00K | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 93.00K | 596.00K | 549.00K | -206.00K | 40.00K | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 1.07% | 9.42% | 9.18% | -3.85% | 0.80% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 0.00 | -1.79M | -617.00K | -70.00K | -466.00K | 0.00 | 0.00 |
| Net Income | 93.00K | 596.00K | 2.34M | -206.00K | 40.00K | 466.00K | -1.38M | -1.37M |
| Net Income Ratio | 1.07% | 9.42% | 39.18% | -3.85% | 0.80% | 9.02% | -62.12% | -420.55% |
| EPS | 0.03 | 0.19 | 0.74 | -0.07 | 0.01 | 21.12 | -62.72 | -59.15 |
| EPS Diluted | 0.03 | 0.19 | 0.74 | -0.07 | 0.01 | 21.12 | -62.72 | -59.15 |
| Weighted Avg Shares Out | 3.15M | 3.15M | 3.15M | 3.15M | 3.15M | 22.07K | 22.07K | 23.18K |
| Weighted Avg Shares Out (Dil) | 3.15M | 3.18M | 3.16M | 3.15M | 3.17M | 22.07K | 22.07K | 23.18K |
Source: https://incomestatements.info
Category: Stock Reports