Sound Financial Bancorp (SFBC) Revenue & Revenue Breakdown
Sound Financial Bancorp Revenue Highlights
Latest Revenue (Y)
$55.60M
Latest Revenue (Q)
$8.72M
Main Segment (Y)
Debit/ATM Interchange Fees
Sound Financial Bancorp Revenue by Period
Sound Financial Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $55.60M | 39.43% |
| 2022-12-31 | $39.88M | 7.06% |
| 2021-12-31 | $37.25M | 6.64% |
| 2020-12-31 | $34.93M | 12.72% |
| 2019-12-31 | $30.99M | -3.44% |
| 2018-12-31 | $32.09M | 14.86% |
| 2017-12-31 | $27.94M | 2.54% |
| 2016-12-31 | $27.25M | 9.35% |
| 2015-12-31 | $24.92M | 6.92% |
| 2014-12-31 | $23.31M | 4.86% |
| 2013-12-31 | $22.23M | 6.99% |
| 2012-12-31 | $20.77M | 12.74% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $8.72M | -41.29% |
| 2024-03-31 | $14.85M | 3.10% |
| 2023-12-31 | $14.40M | 55.72% |
| 2023-09-30 | $9.25M | -13.03% |
| 2023-06-30 | $10.63M | 2.85% |
| 2023-03-31 | $10.34M | -3.42% |
| 2022-12-31 | $10.71M | 0.78% |
| 2022-09-30 | $10.62M | 12.93% |
| 2022-06-30 | $9.41M | 2.91% |
| 2022-03-31 | $9.14M | -0.63% |
| 2021-12-31 | $9.20M | -5.63% |
| 2021-09-30 | $9.75M | 7.56% |
| 2021-06-30 | $9.06M | -4.75% |
| 2021-03-31 | $9.52M | -7.54% |
| 2020-12-31 | $10.29M | 17.91% |
| 2020-09-30 | $8.73M | 2.99% |
| 2020-06-30 | $8.47M | 13.96% |
| 2020-03-31 | $7.44M | -6.61% |
| 2019-12-31 | $7.96M | 3.24% |
| 2019-09-30 | $7.71M | 5.41% |
| 2019-06-30 | $7.32M | -8.50% |
| 2019-03-31 | $8.00M | -1.36% |
| 2018-12-31 | $8.11M | -3.43% |
| 2018-09-30 | $8.39M | 4.53% |
| 2018-06-30 | $8.03M | 6.23% |
| 2018-03-31 | $7.56M | 2.20% |
| 2017-12-31 | $7.40M | 5.49% |
| 2017-09-30 | $7.01M | 4.08% |
| 2017-06-30 | $6.74M | -0.82% |
| 2017-03-31 | $6.79M | -7.49% |
| 2016-12-31 | $7.34M | 5.49% |
| 2016-09-30 | $6.96M | 4.77% |
| 2016-06-30 | $6.64M | 5.44% |
| 2016-03-31 | $6.30M | -3.24% |
| 2015-12-31 | $6.51M | 5.77% |
| 2015-09-30 | $6.16M | -4.33% |
| 2015-06-30 | $6.44M | 9.85% |
| 2015-03-31 | $5.86M | -1.51% |
| 2014-12-31 | $5.95M | -4.26% |
| 2014-09-30 | $6.21M | 7.81% |
| 2014-06-30 | $5.76M | 7.20% |
| 2014-03-31 | $5.38M | -4.98% |
| 2013-12-31 | $5.66M | 4.16% |
| 2013-09-30 | $5.43M | -4.68% |
| 2013-06-30 | $5.70M | 4.91% |
| 2013-03-31 | $5.43M | 1.19% |
| 2012-12-31 | $5.37M | 3.55% |
| 2012-09-30 | $5.18M | 7.39% |
| 2012-06-30 | $4.83M | -10.43% |
| 2012-03-31 | $5.39M | 16.09% |
| 2011-12-31 | $4.64M | 9.14% |
| 2011-09-30 | $4.25M | -13.41% |
| 2011-06-30 | $4.91M | 6.48% |
| 2011-03-31 | $4.61M | - |
Sound Financial Bancorp generated $8.72M in revenue during Q2 2024, up -41.29% compared to the previous quarter, and up 84.32% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 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
| Country | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FRAF | Franklin Financial Services | $91.60M | $29.08M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| SFBC | Sound Financial Bancorp | $55.60M | $8.72M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee 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 Q2 2024 was $8.72M, a -41.29% decrease from the previous quarter (Q1 2024), and a -18.02% decrease year-over-year (Q2 2023). The company'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). SFBC's quarterly revenue for Q4 2023 was $14.4M, a 55.72% increase from the previous quarter (Q3 2023), and a 34.53% increase year-over-year (Q4 2022).
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.