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Sound Financial Bancorp (SFBC) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Sound Financial Bancorp Revenue Highlights

Latest Revenue (Y)

$55.60M

Latest Revenue (Q)

$1.24M

Main Segment (Y)

Debit/ATM Interchange Fees

Sound Financial Bancorp Revenue by Period

Sound Financial Bancorp Revenue by Year

DateRevenueChange
2023-12-31$55.60M39.43%
2022-12-31$39.88M7.06%
2021-12-31$37.25M6.64%
2020-12-31$34.93M12.72%
2019-12-31$30.99M-3.44%
2018-12-31$32.09M14.86%
2017-12-31$27.94M2.54%
2016-12-31$27.25M9.35%
2015-12-31$24.92M6.92%
2014-12-31$23.31M4.86%
2013-12-31$22.23M6.99%
2012-12-31$20.77M12.74%
2011-12-31$18.43M-3.28%
2010-12-31$19.05M-

Sound Financial Bancorp generated $55.60M in revenue during NA 2023, up 39.43% compared to the previous quarter, and up 173.25% compared to the same period a year ago.

Sound Financial Bancorp Revenue by Quarter

DateRevenueChange
2024-09-30$1.24M-91.88%
2024-06-30$15.22M2.48%
2024-03-31$14.85M3.10%
2023-12-31$14.40M55.72%
2023-09-30$9.25M-13.03%
2023-06-30$10.63M2.85%
2023-03-31$10.34M-3.42%
2022-12-31$10.71M0.78%
2022-09-30$10.62M12.93%
2022-06-30$9.41M2.91%
2022-03-31$9.14M-0.63%
2021-12-31$9.20M-5.63%
2021-09-30$9.75M7.56%
2021-06-30$9.06M-4.75%
2021-03-31$9.52M-7.54%
2020-12-31$10.29M17.91%
2020-09-30$8.73M2.99%
2020-06-30$8.47M13.96%
2020-03-31$7.44M-6.61%
2019-12-31$7.96M3.24%
2019-09-30$7.71M5.41%
2019-06-30$7.32M-8.50%
2019-03-31$8.00M-1.36%
2018-12-31$8.11M-3.43%
2018-09-30$8.39M4.53%
2018-06-30$8.03M6.23%
2018-03-31$7.56M2.20%
2017-12-31$7.40M5.49%
2017-09-30$7.01M4.08%
2017-06-30$6.74M-0.82%
2017-03-31$6.79M-7.49%
2016-12-31$7.34M5.49%
2016-09-30$6.96M4.77%
2016-06-30$6.64M5.44%
2016-03-31$6.30M-3.24%
2015-12-31$6.51M5.77%
2015-09-30$6.16M-4.33%
2015-06-30$6.44M9.85%
2015-03-31$5.86M-1.51%
2014-12-31$5.95M-4.26%
2014-09-30$6.21M7.81%
2014-06-30$5.76M7.20%
2014-03-31$5.38M-4.98%
2013-12-31$5.66M4.16%
2013-09-30$5.43M-4.68%
2013-06-30$5.70M4.91%
2013-03-31$5.43M1.19%
2012-12-31$5.37M3.55%
2012-09-30$5.18M7.39%
2012-06-30$4.83M-10.43%
2012-03-31$5.39M16.09%
2011-12-31$4.64M9.14%
2011-09-30$4.25M-13.41%
2011-06-30$4.91M6.48%
2011-03-31$4.61M-

Sound Financial Bancorp generated $1.24M in revenue during Q3 2024, up -91.88% compared to the previous quarter, and up 11.61% compared to the same period a year ago.

Sound Financial Bancorp Revenue Breakdown

Sound Financial Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Credit Card and Interchange Fees$111.00K$40.00K$27.00K$23.00K$27.00K
Transaction-based and Overdraft Service Charges$511.00K$446.00K$356.00K$327.00K$447.00K
Account Maintenance Fees$280.00K$324.00K$311.00K$274.00K$199.00K
Debit/ATM Interchange Fees$1.39M$1.39M$1.32M$1.02M$982.00K

Sound Financial Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Debit/ATM Interchange Fees (60.61%), Transaction-based and Overdraft Service Charges (22.31%), Account Maintenance Fees (12.23%), and Credit Card and Interchange Fees (4.85%).

Quarterly Revenue by Product

Product/ServiceDec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Transaction-based and Overdraft Service Charges$92.00K$74.00K$58.00K$100.00K$109.00K$118.00K$115.00K$109.00K$143.00K$114.00K$103.00K$120.00K
Credit Card and Interchange Fees$5.00K$5.00K$5.00K$7.00K$6.00K$7.00K$7.00K$6.00K$8.00K$10.00K$11.00K$12.00K
Debit/ATM Interchange Fees$274.00K$270.00K$242.00K$230.00K$254.00K$264.00K$250.00K$213.00K$233.00K$242.00K$237.00K$214.00K
Account Maintenance Fees$65.00K$74.00K$45.00K$94.00K$56.00K$48.00K$45.00K$50.00K$46.00K$46.00K$47.00K$53.00K

Sound Financial Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Debit/ATM Interchange Fees (62.84%), Transaction-based and Overdraft Service Charges (21.10%), Account Maintenance Fees (14.91%), and Credit Card and Interchange Fees (1.15%).

Sound Financial Bancorp Revenue Breakdown by Country

Quarterly Revenue by Country

CountryDec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Debit/ATM Interchange Fees$274.00K$270.00K$242.00K$230.00K$254.00K$264.00K$250.00K$213.00K$233.00K$242.00K$237.00K$214.00K
Credit Card and Interchange Fees$5.00K$5.00K$5.00K$7.00K$6.00K$7.00K$7.00K$6.00K$8.00K$10.00K$11.00K$12.00K
Transaction-based and Overdraft Service Charges$92.00K$74.00K$58.00K$100.00K$109.00K$118.00K$115.00K$109.00K$143.00K$114.00K$103.00K$120.00K
Account Maintenance Fees$65.00K$74.00K$45.00K$94.00K$56.00K$48.00K$45.00K$50.00K$46.00K$46.00K$47.00K$53.00K

Sound Financial Bancorp's latest quarterly revenue breakdown by geography, as of Dec 20: Debit/ATM Interchange Fees (62.84%), Transaction-based and Overdraft Service Charges (21.10%), Account Maintenance Fees (14.91%), and Credit Card and Interchange Fees (1.15%).

Sound Financial Bancorp Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FNWBFirst Northwest Bancorp$104.92M$28.21M
FNWDFinward Bancorp$96.53M$22.47M
FRAFFranklin Financial Services$91.60M$30.91M
FFNWFirst Financial Northwest$80.93M$20.09M
CWBCCommunity West Bancshares$61.39M$27.26M
SFBCSound Financial Bancorp$55.60M$1.24M
FCAPFirst Capital$51.24M$15.02M
HMNFHMN Financial$43.48M$14.79M
LSBKLake Shore Bancorp$36.39M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
HVBCHV Bancorp$25.74M$6.58M
OFEDOconee Federal Financial$16.61M$3.21M

SFBC Revenue FAQ

What is Sound Financial Bancorp’s yearly revenue?

Sound Financial Bancorp's yearly revenue for 2023 was $55.6M, representing an increase of 39.43% compared to 2022. The company's yearly revenue for 2022 was $39.88M, representing an increase of 7.06% compared to 2021. SFBC's yearly revenue for 2021 was $37.25M, representing an increase of 6.64% compared to 2020.

What is Sound Financial Bancorp’s quarterly revenue?

Sound Financial Bancorp's quarterly revenue for Q3 2024 was $1.24M, a -91.88% decrease from the previous quarter (Q2 2024), and a -86.65% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $15.22M, a 2.48% increase from the previous quarter (Q1 2024), and a 43.09% increase year-over-year (Q2 2023). SFBC's quarterly revenue for Q1 2024 was $14.85M, a 3.10% increase from the previous quarter (Q4 2023), and a 43.62% increase year-over-year (Q1 2023).

What is Sound Financial Bancorp’s revenue growth rate?

Sound Financial Bancorp's revenue growth rate for the last 3 years (2021-2023) was 49.27%, and for the last 5 years (2019-2023) was 79.42%.

What are Sound Financial Bancorp’s revenue streams?

Sound Financial Bancorp's revenue streams in c 23 are Credit Card and Interchange Fees, Transaction-based and Overdraft Service Charges, Account Maintenance Fees, and Debit/ATM Interchange Fees. Credit Card and Interchange Fees generated $111K in revenue, accounting 4.85% of the company's total revenue, up 177.50% year-over-year. Transaction-based and Overdraft Service Charges generated $511K in revenue, accounting 22.31% of the company's total revenue, up 14.57% year-over-year. Account Maintenance Fees generated $280K in revenue, accounting 12.23% of the company's total revenue, down -13.58% year-over-year. Debit/ATM Interchange Fees generated $1.39M in revenue, accounting 60.61% of the company's total revenue, down -0.43% year-over-year.

What is Sound Financial Bancorp’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Sound Financial Bancorp was Debit/ATM Interchange Fees. This segment made a revenue of $1.39M, representing 60.61% of the company's total revenue.