First United Past Earnings Performance
Past criteria checks 2/6
First United has been growing earnings at an average annual rate of 13.1%, while the Banks industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 5.8% per year. First United's return on equity is 8.7%, and it has net margins of 20.8%.
Key information
13.1%
Earnings growth rate
14.6%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 5.8% |
| Return on equity | 8.7% |
| Net Margin | 20.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How First United 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 | 69 | 14 | 44 | 0 |
| 31 Dec 23 | 70 | 15 | 43 | 0 |
| 30 Sep 23 | 76 | 20 | 42 | 0 |
| 30 Jun 23 | 77 | 23 | 41 | 0 |
| 31 Mar 23 | 76 | 24 | 39 | 0 |
| 31 Dec 22 | 76 | 25 | 38 | 0 |
| 30 Sep 22 | 76 | 26 | 37 | 0 |
| 30 Jun 22 | 74 | 23 | 37 | 0 |
| 31 Mar 22 | 74 | 22 | 38 | 0 |
| 31 Dec 21 | 73 | 20 | 37 | 0 |
| 30 Sep 21 | 70 | 17 | 38 | 0 |
| 30 Jun 21 | 68 | 17 | 38 | 0 |
| 31 Mar 21 | 65 | 16 | 37 | 0 |
| 31 Dec 20 | 62 | 14 | 38 | 0 |
| 30 Sep 20 | 60 | 12 | 39 | 0 |
| 30 Jun 20 | 59 | 12 | 39 | 0 |
| 31 Mar 20 | 59 | 12 | 39 | 0 |
| 31 Dec 19 | 61 | 13 | 39 | 0 |
| 30 Sep 19 | 60 | 13 | 38 | 0 |
| 30 Jun 19 | 59 | 11 | 38 | 0 |
| 31 Mar 19 | 58 | 11 | 38 | 0 |
| 31 Dec 18 | 57 | 11 | 37 | 0 |
| 30 Sep 18 | 56 | 7 | 36 | 0 |
| 30 Jun 18 | 54 | 6 | 36 | 0 |
| 31 Mar 18 | 53 | 5 | 35 | 0 |
| 31 Dec 17 | 51 | 4 | 34 | 0 |
| 30 Sep 17 | 50 | 6 | 34 | 0 |
| 30 Jun 17 | 50 | 6 | 33 | 0 |
| 31 Mar 17 | 49 | 6 | 31 | 0 |
| 31 Dec 16 | 49 | 5 | 31 | 0 |
| 30 Sep 16 | 50 | 12 | 31 | 0 |
| 30 Jun 16 | 49 | 12 | 32 | 0 |
| 31 Mar 16 | 50 | 11 | 32 | 0 |
| 31 Dec 15 | 49 | 10 | 32 | 0 |
| 30 Sep 15 | 47 | 3 | 31 | 0 |
| 30 Jun 15 | 46 | 3 | 31 | 0 |
| 31 Mar 15 | 47 | 3 | 31 | 0 |
| 31 Dec 14 | 47 | 3 | 30 | 0 |
| 30 Sep 14 | 47 | 2 | 32 | 0 |
| 30 Jun 14 | 51 | 3 | 32 | 0 |
| 31 Mar 14 | 51 | 4 | 31 | 0 |
| 31 Dec 13 | 51 | 5 | 31 | 0 |
| 30 Sep 13 | 54 | 7 | 29 | 0 |
Quality Earnings: FU3 has high quality earnings.
Growing Profit Margin: FU3's current net profit margins (20.8%) are lower than last year (31%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FU3's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: FU3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FU3 had negative earnings growth (-39.3%) over the past year, making it difficult to compare to the Banks industry average (22%).
Return on Equity
High ROE: FU3's Return on Equity (8.7%) is considered low.