ECB Bancorp Past Earnings Performance
Past criteria checks 4/6
ECB Bancorp's earnings have been declining at an average annual rate of -4.5%, while the Banks industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 2.7% per year. ECB Bancorp's return on equity is 2.1%, and it has net margins of 14.3%.
Key information
-4.5%
Earnings growth rate
71.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.7% |
| Return on equity | 2.1% |
| Net Margin | 14.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ECB Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 25 | 4 | 18 | 0 |
| 31 Mar 24 | 25 | 4 | 17 | 0 |
| 31 Dec 23 | 25 | 4 | 17 | 0 |
| 30 Sep 23 | 25 | 5 | 16 | 0 |
| 30 Jun 23 | 24 | 2 | 16 | 0 |
| 31 Mar 23 | 23 | 2 | 15 | 0 |
| 31 Dec 22 | 22 | 3 | 14 | 0 |
| 30 Sep 22 | 22 | 2 | 15 | 0 |
| 30 Jun 22 | 21 | 4 | 14 | 0 |
| 31 Mar 22 | 20 | 4 | 13 | 0 |
| 31 Dec 21 | 20 | 4 | 13 | 0 |
| 31 Dec 20 | 17 | 5 | 9 | 0 |
Quality Earnings: ECBK has high quality earnings.
Growing Profit Margin: ECBK's current net profit margins (14.3%) are higher than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ECBK's earnings have declined by 4.5% per year over the past 5 years.
Accelerating Growth: ECBK's earnings growth over the past year (56.2%) exceeds its 5-year average (-4.5% per year).
Earnings vs Industry: ECBK earnings growth over the past year (56.2%) exceeded the Banks industry -15.6%.
Return on Equity
High ROE: ECBK's Return on Equity (2.1%) is considered low.