Midland Bank Past Earnings Performance
Past criteria checks 5/6
Midland Bank has been growing earnings at an average annual rate of 6.9%, while the Banks industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 2.9% per year. Midland Bank's return on equity is 12.4%, and it has net margins of 42.6%.
Key information
6.9%
Earnings growth rate
-0.5%
EPS growth rate
Banks Industry Growth | 8.5% |
Revenue growth rate | 2.9% |
Return on equity | 12.4% |
Net Margin | 42.6% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Midland Bank 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 |
---|---|---|---|---|
31 Dec 23 | 2,663 | 1,133 | 1,186 | 0 |
30 Sep 23 | 2,067 | 745 | 1,149 | 0 |
31 Mar 23 | 2,364 | 548 | 1,077 | 0 |
31 Dec 22 | 2,327 | 562 | 1,038 | 0 |
31 Dec 21 | 2,257 | 514 | 916 | 0 |
31 Dec 20 | 2,254 | 656 | 980 | 0 |
31 Dec 19 | 2,108 | 557 | 906 | 0 |
31 Dec 18 | 2,073 | 650 | 863 | 0 |
31 Dec 17 | 1,886 | 692 | 733 | 0 |
31 Dec 16 | 1,813 | 668 | 737 | 0 |
31 Dec 15 | 1,296 | 483 | 545 | 0 |
31 Dec 14 | 577 | 35 | 360 | 0 |
31 Dec 13 | 255 | 14 | 216 | 0 |
Quality Earnings: MIDLANDBNK has high quality earnings.
Growing Profit Margin: MIDLANDBNK's current net profit margins (42.6%) are higher than last year (24.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIDLANDBNK's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: MIDLANDBNK's earnings growth over the past year (101.6%) exceeds its 5-year average (6.9% per year).
Earnings vs Industry: MIDLANDBNK earnings growth over the past year (101.6%) exceeded the Banks industry 21.2%.
Return on Equity
High ROE: MIDLANDBNK's Return on Equity (12.4%) is considered low.