Filing Flows › Wilson Bank Holding (WBHC) › Q1 2025
Wilson Bank Holding (WBHC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Wilson Bank Holding (WBHC) reported revenue of $84.6M for the first quarter 2025 (Q1 2025), +17% from a year earlier and +2% from the quarter before. Operating margin was 25.5%, net earnings $16.4M (19.4% of revenue).
Wilson Bank Holding, Q1 2025: revenue $84.6M (+17% year over year), operating margin 25.5%, net earnings $16.4M, operating cash flow $22.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $84.6M | +2% | +17% |
| Operating profit | $21.6M | +11% | +29% |
| Net earnings | $16.4M | +9% | +28% |
| Operating cash flow | $22.5M | +180% | +32% |
| Free cash flow | $21.6M | +202% | +33% |
What changed
Revenue was $84.6M in Q1 2025, up 17% year over year and up 2% from the previous quarter.
Operating profit was $21.6M, a 25.5% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 39% reached operating profit, above the 23% margin then. Total costs grew 14% against revenue growth of 17%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $16.4M, up 28% year over year. The effective tax rate was 24.0%.
Operating cash flow was $22.5M (up 32% year over year), 137% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $394K of share-based compensation. Working capital and other items added $4.6M. Capital expenditures of $866K left free cash flow of $21.6M.
Questions
What was Wilson Bank Holding's revenue in the first quarter 2025?
Wilson Bank Holding (WBHC) reported revenue of $84.6M for the first quarter 2025 (Q1 2025), +17% from a year earlier and +2% from the quarter before.
Was Wilson Bank Holding profitable in the first quarter 2025?
Operating profit was $21.6M (25.5% of revenue) and net earnings $16.4M.