Midland Bank Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 5/6
Midland Bank has been growing earnings at an average annual rate of 13.6%, while the Banks industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 6.9% per year. Midland Bank's return on equity is 11.1%, and it has net margins of 40.7%.
Key information
13.6%
Earnings growth rate
10.9%
EPS growth rate
| Banks Industry Growth | 8.5% |
| Revenue growth rate | 6.9% |
| Return on equity | 11.1% |
| Net Margin | 40.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 Mar 24 | 2,527 | 1,028 | 1,230 | 0 |
| 31 Dec 23 | 2,663 | 1,133 | 1,195 | 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 | 1,042 | 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 (40.7%) are higher than last year (23.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIDLANDBNK's earnings have grown by 13.6% per year over the past 5 years.
Accelerating Growth: MIDLANDBNK's earnings growth over the past year (87.4%) exceeds its 5-year average (13.6% per year).
Earnings vs Industry: MIDLANDBNK earnings growth over the past year (87.4%) exceeded the Banks industry 33.2%.
Return on Equity
High ROE: MIDLANDBNK's Return on Equity (11.1%) is considered low.