Merchant Bank of Sri Lanka & Finance Past Earnings Performance

Past criteria checks 0/6

Merchant Bank of Sri Lanka & Finance's earnings have been declining at an average annual rate of -14.3%, while the Diversified Financial industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 2.3% per year.

Key information

-14.3%

Earnings growth rate

-6.3%

EPS growth rate

Diversified Financial Industry Growth	6.1%
Revenue growth rate	2.3%
Return on equity	-2.0%
Net Margin	-2.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
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How Merchant Bank of Sri Lanka & Finance makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:MBSL.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,977	-82	1,846
30 Sep 23	2,806	-91	1,846
30 Jun 23	2,278	-334	1,844
31 Mar 23	1,942	-610	1,917
31 Dec 22	2,287	-325	1,912
30 Sep 22	3,062	32	1,898
30 Jun 22	3,031	94	1,847
31 Mar 22	3,240	352	1,764
31 Dec 21	3,404	525	1,730
30 Sep 21	2,439	278	1,602
30 Jun 21	2,066	-110	1,633
31 Mar 21	1,793	-343	1,604
31 Dec 20	1,269	-781	1,613
30 Sep 20	1,518	-970	1,681
30 Jun 20	2,034	-511	1,649
31 Mar 20	2,285	-381	1,691
31 Dec 19	2,362	-346	1,618
30 Sep 19	2,768	385	1,479
30 Jun 19	2,743	344	1,444
31 Mar 19	2,762	414	1,381
31 Dec 18	2,724	415	1,390
30 Sep 18	2,424	-85	1,460
30 Jun 18	2,168	-297	1,459
31 Mar 18	2,500	-48	1,350
31 Dec 17	2,699	112	1,410
30 Sep 17	2,547	-61	1,321
30 Jun 17	2,702	172	1,242
31 Mar 17	2,560	141	1,179
31 Dec 16	2,413	111	1,122
30 Sep 16	2,472	242	1,083
30 Jun 16	2,378	164	1,054
31 Mar 16	2,291	193	1,019
31 Dec 15	2,105	22	985
30 Sep 15	1,894	-67	924
30 Jun 15	1,925	-23	918
31 Mar 15	1,608	-19	684
31 Dec 14	1,881	-61	924
30 Sep 14	1,841	-74	868
30 Jun 14	1,468	-202	840
31 Mar 14	1,495	-152	823
31 Dec 13	1,513	-102	809
30 Sep 13	1,649	17	835
30 Jun 13	1,849	136	831

Quality Earnings: MBSL.N0000 is currently unprofitable.

Growing Profit Margin: MBSL.N0000 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MBSL.N0000 is unprofitable, and losses have increased over the past 5 years at a rate of 14.3% per year.

Accelerating Growth: Unable to compare MBSL.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MBSL.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (12.1%).

Return on Equity

High ROE: MBSL.N0000 has a negative Return on Equity (-1.97%), as it is currently unprofitable.

Merchant Bank of Sri Lanka & Finance Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: LK₨0.12 loss per share (vs LK₨0.62 loss in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨0.46 (vs LK₨0.01 loss in 3Q 2022)

Second quarter 2023 earnings released: LK₨0.18 loss per share (vs LK₨0.70 loss in 2Q 2022)

First quarter 2023 earnings released: LK₨0.33 loss per share (vs LK₨0.21 profit in 1Q 2022)

Third quarter 2022 earnings released: LK₨0.004 loss per share (vs LK₨0.35 profit in 3Q 2021)

Third quarter 2022 earnings released: LK₨0.01 loss per share (vs LK₨0.35 profit in 3Q 2021)

Recent updates

New major risk - Share price stability

Full year 2023 earnings released: LK₨0.12 loss per share (vs LK₨0.62 loss in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨0.46 (vs LK₨0.01 loss in 3Q 2022)

Second quarter 2023 earnings released: LK₨0.18 loss per share (vs LK₨0.70 loss in 2Q 2022)

Merchant Bank of Sri Lanka & Finance PLC, Annual General Meeting, May 31, 2023

First quarter 2023 earnings released: LK₨0.33 loss per share (vs LK₨0.21 profit in 1Q 2022)

Investor sentiment improves as stock rises 16%

Investor sentiment improved over the past week

Third quarter 2022 earnings released: LK₨0.004 loss per share (vs LK₨0.35 profit in 3Q 2021)

High number of new directors

Third quarter 2022 earnings released: LK₨0.01 loss per share (vs LK₨0.35 profit in 3Q 2021)

Investor sentiment improved over the past week

Second quarter 2022 earnings released: LK₨0.70 loss per share (vs LK₨0.67 loss in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: LK₨0.21 (vs LK₨1.72 in 1Q 2021)

Merchant Bank of Sri Lanka & Finance PLC, Annual General Meeting, May 31, 2022

High number of new directors

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS LK₨0.35 (vs LK₨1.98 loss in 3Q 2020)

Merchant Bank of Sri Lanka & Finance PLC has completed a Follow-on Equity Offering in the amount of LKR 2.239306 billion.

Second quarter 2021 earnings released: LK₨0.67 loss per share (vs LK₨2.08 loss in 2Q 2020)

Full year 2020 earnings released: LK₨4.71 loss per share (vs LK₨2.09 loss in FY 2019)

New 90-day low: LK₨6.70

New 90-day high: LK₨8.70

Kanchana Ratwatte Joins as the Chairman of Merchant Bank of Sri Lanka

Merchant Bank of Sri Lanka & Finance PLC to Report Fiscal Year 2020 Results on Jun 15, 2021

New 90-day high: LK₨8.40

First half earnings released

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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