Mercantile Bank PLC.

DSE:MERCANBANK Stock Report

Market Cap: ৳11.1b

Mercantile Bank Past Earnings Performance

Past criteria checks 4/6

Mercantile Bank's earnings have been declining at an average annual rate of -0.4%, while the Banks industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 5% per year. Mercantile Bank's return on equity is 10.7%, and it has net margins of 23.9%.

Key information

-0.4%

Earnings growth rate

-0.4%

EPS growth rate

Banks Industry Growth8.5%
Revenue growth rate5.0%
Return on equity10.7%
Net Margin23.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mercantile Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DSE:MERCANBANK Revenue, expenses and earnings (BDT Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,9113,0896,5590
30 Jun 2412,6542,7746,3750
31 Mar 2412,0412,1886,3790
31 Dec 2311,5002,0556,2080
30 Sep 2310,5141,1536,0700
30 Jun 2310,8911,4146,0820
31 Mar 2312,0362,1426,3310
31 Dec 2212,0932,3506,3140
30 Sep 2213,4493,6086,3790
30 Jun 2213,3383,8916,2130
31 Mar 2212,8423,8325,8460
31 Dec 2112,5543,5745,8450
30 Sep 2112,8564,0316,0490
30 Jun 2112,1343,3126,0010
31 Mar 2110,4762,3135,6140
31 Dec 2010,1262,2285,2150
30 Sep 208,4961,7063,9590
30 Jun 208,6431,5523,9530
31 Mar 209,8892,2514,1960
31 Dec 199,7812,2224,1350
30 Sep 1910,6132,9314,5030
30 Jun 1910,2463,0194,2510
31 Mar 199,6892,7834,0890
31 Dec 1810,0242,9244,1630
30 Sep 189,8862,9614,1010
30 Jun 189,8283,0274,0780
31 Mar 189,8162,8763,9550
31 Dec 179,8043,0203,9010
30 Sep 179,4903,1903,9500
30 Jun 179,3962,8243,8730
31 Mar 179,8072,5933,9370
31 Dec 169,2922,2283,7940
30 Sep 169,8752,2293,6340
30 Jun 169,1852,0123,4750
31 Mar 167,7941,8073,1570
31 Dec 156,7511,4002,9460
30 Sep 155,0816952,8850
30 Jun 155,7331,1112,8150
31 Mar 155,3649852,7630
31 Dec 145,9551,1692,8720
30 Sep 147,3412,1272,8140
30 Jun 147,1612,1762,6840
31 Mar 147,2062,1732,6000
31 Dec 136,4421,9752,3880

Quality Earnings: MERCANBANK has high quality earnings.

Growing Profit Margin: MERCANBANK's current net profit margins (23.9%) are higher than last year (11%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MERCANBANK's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: MERCANBANK's earnings growth over the past year (167.9%) exceeds its 5-year average (-0.4% per year).

Earnings vs Industry: MERCANBANK earnings growth over the past year (167.9%) exceeded the Banks industry 11%.

Return on Equity

High ROE: MERCANBANK's Return on Equity (10.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 22:54
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercantile Bank PLC. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution