First Berlin Bancorp, Inc. (FTFI) Financial Statements
$38.25OTC: FTFIMarket Cap $100.10M
First Berlin Bancorp, Inc. most recently reported annual revenue of $46.0M, net profit of $11.0M. Revenue grew at an average annual rate of 19.4% over the last 3 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
First Berlin Bancorp, Inc.: Revenue rose from $27.0M in 2021 to $46.0M in 2025, a change of +70.4% over 3 years; net profit was positive in all 4 reported years; operating margin moved from 41.5% to 30.1%, a shift of -11.4 percentage points; the most recent year shows net profit of $11.0M.
Income Statement — 4 Years (USD millions)
Metric
2021
2022
2023
2025
Revenue
$27.0M
$27.0M
$26.0M
$46.0M
Operating Expenses
$16.0M
$17.0M
$26.0M
$32.0M
Operating Profit
$11.0M
$10.0M
$0
$14.0M
Operating Margin
41.5%
36.6%
0.0%
30.1%
Other Income
$0
$0
$10.0M
$0
Interest
$1.0M
$2.0M
$9.0M
$14.0M
Depreciation
$1.0M
$1.0M
$0
$1.0M
Profit Before Tax
$11.0M
$10.0M
$10.0M
$14.0M
Tax
$27.4M
$27.1M
$31.1M
$20.2M
Net Profit
$8.0M
$7.0M
$7.0M
$11.0M
EPS
$2.98
$2.61
$2.46
$3.99
Dividend Payout
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
5 duplicate period labels in the source data were collapsed.
Metric
Mar '23
Jun '23
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Mar '25
Jun '25
Dec '25
Mar '26
Jun '26
Revenue
$8.0M
$9.0M
$7.0M
$7.0M
$7.0M
$11.0M
$11.0M
$11.0M
$11.0M
$12.0M
$12.0M
$12.0M
Operating Expenses
$6.0M
$6.0M
$-4.0M
$-4.0M
$-4.0M
$7.0M
$8.0M
$8.0M
$8.0M
$8.0M
$8.0M
$10.0M
Operating Profit
$2.0M
$2.0M
$11.0M
$11.0M
$11.0M
$3.0M
$3.0M
$3.0M
$3.0M
$4.0M
$3.0M
$3.0M
Operating Margin
29.1%
28.3%
161.8%
160.6%
159.8%
30.0%
28.7%
29.8%
29.2%
30.1%
28.5%
21.5%
Interest
$1.0M
$2.0M
$2.0M
$3.0M
$3.0M
$3.0M
$4.0M
$3.0M
$3.0M
$4.0M
$4.0M
$4.0M
Profit Before Tax
$2.0M
$2.0M
$3.0M
$3.0M
$3.0M
$3.0M
$3.0M
$3.0M
$3.0M
$4.0M
$3.0M
$3.0M
Tax
$27.1M
$27.2M
$8.9M
$59.6M
$20.2M
$20.6M
$20.6M
$19.3M
$20.4M
$20.6M
$16.3M
$15.0M
Net Profit
$2.0M
$2.0M
$2.0M
$1.0M
$2.0M
$3.0M
$2.0M
$3.0M
$3.0M
$3.0M
$3.0M
$2.0M
EPS
$0.60
$0.63
$0.85
$0.38
$0.77
$0.77
$0.76
$0.95
$0.93
$1.05
$1.05
$0.82
Over the 4 years reported for First Berlin Bancorp, Inc., borrowings increased from $22.0M in 2021 to $52.0M in 2025, cash stood at $82.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 0.26 times.
Balance Sheet — 4 Years (USD millions)
Metric
2021
2022
2023
2025
Total Assets
$601.0M
$594.0M
$639.0M
$744.0M
Current Assets
$229.0M
$145.0M
$160.0M
$158.0M
Cash
$122.0M
$38.0M
$67.0M
$82.0M
Inventory
$0
$0
$0
$0
Receivables
$0
$0
$0
$0
Fixed Assets
$6.0M
$5.0M
$5.0M
$5.0M
Capital Work in Progress
$0
$0
$0
$0
Investments
$215.0M
$215.0M
$188.0M
$638.0M
Other Assets
$0
$0
$0
$0
Total Liabilities
$543.0M
$539.0M
$575.0M
$661.0M
Current Liabilities
$0
$0
$0
$605.0M
Borrowings
$22.0M
$9.0M
$31.0M
$52.0M
Other Liabilities
$520.0M
$529.0M
$545.0M
$609.0M
Equity
$0
$0
$0
$0
Reserves
$58.0M
$55.0M
$63.0M
$84.0M
For First Berlin Bancorp, Inc., operating cash flow was positive in 4 of 4 reported years; free cash flow in the latest year was $13.0M; free cash flow was positive in 4 of 4 years.
Cash Flow Statement — 4 Years (USD millions)
Metric
2021
2022
2023
2025
Operating Cash Flow
$9.0M
$10.0M
$9.0M
$13.0M
Investing Cash Flow
$-19.0M
$-83.0M
$-15.0M
$-42.0M
Financing Cash Flow
$60.0M
$7.0M
$-16.0M
$65.0M
Net Cash Flow
$59.0M
$-79.0M
$29.0M
$33.0M
Free Cash Flow
$8.0M
$10.0M
$8.0M
$13.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
-0.24
EV / EBITDA
—
FCF Yield
—
Quick Ratio
—
Interest Coverage
—
Return 1Y
36.85%
Return 3Y
119.68%
Return 5Y
—
First Berlin Bancorp, Inc. (FTFI) financials — frequently asked questions
What is First Berlin Bancorp, Inc.'s annual revenue?
First Berlin Bancorp, Inc. (FTFI) reported annual revenue of $46.0M in its most recent fiscal year.
What is First Berlin Bancorp, Inc.'s net profit?
First Berlin Bancorp, Inc. (FTFI) reported net profit of $11.0M in its most recent fiscal year.