Bogota Financial Corp

bogotasavingsbank.com

What Do They Do?

Takes deposits from the public and municipalities and makes home mortgages, commercial and apartment-property loans, and other loans to home buyers, property owners and local businesses.

How Do They Make Money?

FY2025 revenue

Who Are Their Customers?

Its customers include individuals and municipalities with deposit accounts, as well as local developers and small and medium-sized businesses that borrow from the bank.

Do Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2025 and turned 7 cents into free cash flow.

Net income, FY2025

5% of revenue

▲ Now profitable vs FY2024 (−$2.2M, −5%)

Free cash flow, FY2025

7% of revenue

▲ Now profitable vs FY2024 (−$3.2M, −8%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −9%; vs $10.5M in Q2 FY2025
Net income: ▲ +233%; vs $224.4K in Q2 FY2025

Jun 1, 2026 Agreed to merge GSL Savings Bank into Bogota Savings Bank GSL depositors are expected to become Bogota depositors; the merger requires regulatory and other approvals.

Growing. Revenue grew 72% in 4 years, from $25.1M in FY2021 to $43M in FY2025, about 14% a year.

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