Sound Financial Bancorp Inc - Understand $sfbc stock

$SFBC Market Cap: $137.8 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$40.49M

TTM

Gross Margin

Net Earnings

$3.938M

TTM

Current Assets

Current Liabilities

$5.088M

Q2 2024

Current Ratio

Total Assets

$1.075B

Q2 2024

Total Liabilities

$973.5M

Q2 2024

Book Value

$101.3M

Q2 2024

Cash

$135.1M

Q2 2024

P/E

35.00

Sep 13, 2024 EST

Free Cash Flow

$4.297M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$50.61M	$39.80M	$33.87M	$34.94M	$34.58M	$33.17M	$27.45M
YoY Change	27.17%	17.48%	-3.04%	1.03%	4.26%	20.83%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$50.61M	$39.80M	$33.87M	$34.94M	$34.58M	$33.17M	$27.45M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$6.095M	$5.812M	$5.765M	$5.461M	$5.905M	$5.472M	$4.348M
YoY Change	4.87%	0.82%	5.57%	-7.52%	7.91%	25.85%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$717.0K	$704.0K	$680.0K	$910.0K	$930.0K	$990.0K	$940.0K	$790.0K	$1.290M	$1.350M	$1.470M	$1.450M	$1.250M	$1.380M
YoY Change	1.85%	3.53%	-25.27%	-2.15%	-6.06%	5.32%	18.99%	-38.76%	-4.44%	-8.16%	1.38%	16.0%	-9.42%
% of Gross Profit
Operating Expenses	$6.095M	$5.812M	$5.765M	$5.461M	$5.905M	$5.472M	$4.348M
YoY Change	4.87%	0.82%	5.57%	-7.52%	7.91%	25.85%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$16.76M	$4.500M	$3.954M	$7.450M	$7.617M	$5.360M	$3.368M
YoY Change	272.42%	13.81%	-46.93%	-2.19%	42.11%	59.14%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$9.000M	$10.88M	$11.43M	$11.33M	$8.330M	$8.745M	$8.193M	$8.070M	$7.080M	$6.580M	$5.760M	$3.870M	$2.200M	$1.880M
YoY Change	-17.25%	-4.83%	0.88%	35.99%	-4.75%	6.74%	1.52%	13.98%	7.6%	14.24%	48.84%	75.91%	17.02%
Income Tax	$1.561M	$2.072M	$2.272M	$2.391M	$1.651M	$1.706M	$3.068M	$2.700M	$2.290M	$2.340M	$1.820M	$1.230M	$650.0K	$550.0K
% Of Pretax Income	17.34%	19.05%	19.88%	21.11%	19.82%	19.51%	37.45%	33.46%	32.34%	35.56%	31.6%	31.78%	29.55%	29.26%
Net Earnings	$7.439M	$8.804M	$9.156M	$8.937M	$6.679M	$7.039M	$5.125M	$5.380M	$4.790M	$4.240M	$3.940M	$2.640M	$1.550M	$1.330M
YoY Change	-15.5%	-3.84%	2.45%	33.81%	-5.11%	37.35%	-4.74%	12.32%	12.97%	7.61%	49.24%	70.32%	16.54%
Net Earnings / Revenue	14.7%	22.12%	27.03%	25.58%	19.31%	21.22%	18.67%
Basic Earnings Per Share	$2.88	$3.39	$3.52	$3.46	$2.63	$2.82	$2.05
Diluted Earnings Per Share	$2.86	$3.39	$3.46	$3.42	$2.57	$2.74	$2.00	$2.093M	$1.857M	$1.631M	$1.498M	$1.008M	$593.9K	$408.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$9.736M	$10.62M	$11.60M	$13.00M	$14.40M	$7.000M	$7.400M	$5.500M	$5.300M	$5.600M	$2.100M	$2.300M	$2.400M	$3.300M
YoY Change	-8.28%	-8.49%	-10.77%	-9.72%	105.71%	-5.41%	34.55%	3.77%	-5.36%	166.67%	-8.7%	-4.17%	-27.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$995.2M	$976.4M	$919.7M	$861.4M	$719.9M	$716.7M	$645.2M	$588.4M	$540.8M	$495.2M	$442.6M	$381.0M	$339.7M	$334.6M
YoY Change
Accounts Payable	$817.0K	$395.0K	$200.0K	$400.0K	$200.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K
YoY Change	106.84%	97.5%	-50.0%	100.0%	100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Accrued Expenses	$4.821M	$5.448M	$6.200M	$7.100M	$8.000M
YoY Change	-11.51%	-12.13%	-12.68%	-11.25%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.638M	$5.843M	$6.400M	$7.500M	$8.200M	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K
YoY Change	-3.51%	-8.7%	-14.67%	-8.54%	8100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Long-Term Debt	$11.72M	$11.68M	$11.60M	$11.60M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$21.90M	$8.500M	$24.80M
YoY Change	0.35%	0.66%	0.0%								-100.0%	157.65%	-65.73%
Other Long-Term Liabilities	$10.67M	$9.364M	$9.900M	$8.800M	$9.700M	$7.400M	$6.600M	$5.500M	$5.700M	$6.100M	$4.500M	$3.600M	$2.400M	$4.300M
YoY Change	13.98%	-5.41%	12.5%	-9.28%	31.08%	12.12%	20.0%	-3.51%	-6.56%	35.56%	25.0%	50.0%	-44.19%
Total Long-Term Liabilities	$22.39M	$21.04M	$21.50M	$20.40M	$9.700M	$7.400M	$6.600M	$5.500M	$5.700M	$6.100M	$4.500M	$25.50M	$10.90M	$29.10M
YoY Change	6.42%	-2.14%	5.39%	110.31%	31.08%	12.12%	20.0%	-3.51%	-6.56%	35.56%	-82.35%	133.94%	-62.54%
Total Liabilities	$894.6M	$878.6M	$826.3M	$775.9M	$642.1M	$645.1M	$580.1M	$528.1M	$486.2M	$444.5M	$396.1M	$337.6M	$311.0M	$307.7M
YoY Change	1.81%	6.33%	6.5%	20.84%	-0.47%	11.2%	9.85%	8.62%	9.38%	12.22%	17.33%	8.55%	1.07%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	2.562M shares	2.578M shares	2.583M shares	2.563M shares	2.527M shares	2.498M shares	2.504M shares
Diluted Shares Outstanding	2.582M shares	2.613M shares	2.627M shares	2.593M shares	2.583M shares	2.567M shares	2.568M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $137.82 Million

About Sound Financial Bancorp Inc

Sound Financial Bancorp, Inc. is a bank holding company, which engages in the provision of traditional banking and other financial services. The company is headquartered in Seattle, Washington and currently employs 128 full-time employees. The company went IPO on 2012-08-23. The firm's business is substantially conducted through Sound Community Bank (the Bank), a Washington state-chartered commercial bank. Its principal business consists of attracting retail and commercial deposits from the general public and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four family residences, commercial and multifamily real estate, construction and land, consumer and commercial business loans. Its commercial business loans include unsecured lines of credit and secured term loans and lines of credit secured by inventory, equipment and accounts receivable. The company offers a variety of secured and unsecured consumer loan products, including manufactured home loans, floating home loans and recreational vehicle loans. The company also sells insurance products and services to consumers through Sound Community Insurance Agency, Inc., a wholly owned subsidiary of the Bank.

Industry: Savings Institution, Federally Chartered Peers: CB Financial Services Inc First United Corp MALVERN BANCORP, INC. PNC Financial Services Group Inc