Maritime & Merchant Bank Past Earnings Performance
Past criteria checks 5/6
Maritime & Merchant Bank has been growing earnings at an average annual rate of 20.8%, while the Banks industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 13.9% per year. Maritime & Merchant Bank's return on equity is 9.7%, and it has net margins of 46.6%.
Key information
20.8%
Earnings growth rate
20.6%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 13.9% |
| Return on equity | 9.7% |
| Net Margin | 46.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Maritime & Merchant 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 | 27 | 13 | 9 | 0 |
| 31 Dec 23 | 27 | 13 | 9 | 0 |
| 30 Sep 23 | 27 | 10 | 9 | 0 |
| 30 Jun 23 | 26 | 10 | 8 | 0 |
| 31 Mar 23 | 24 | 9 | 8 | 0 |
| 31 Dec 22 | 22 | 7 | 8 | 0 |
| 30 Sep 22 | 20 | 8 | 8 | 0 |
| 30 Jun 22 | 18 | 7 | 8 | 0 |
| 31 Mar 22 | 17 | 5 | 8 | 0 |
| 31 Dec 21 | 16 | 5 | 8 | 0 |
| 30 Sep 21 | 16 | 7 | 8 | 0 |
| 30 Jun 21 | 16 | 6 | 8 | 0 |
| 31 Mar 21 | 14 | 6 | 8 | 0 |
| 31 Dec 20 | 13 | 5 | 8 | 0 |
| 30 Sep 20 | 14 | 6 | 7 | 0 |
| 30 Jun 20 | 15 | 5 | 7 | 0 |
| 31 Mar 20 | 17 | 7 | 7 | 0 |
| 31 Dec 19 | 19 | 8 | 7 | 0 |
| 30 Sep 19 | 17 | 4 | 8 | 0 |
| 30 Jun 19 | 15 | 4 | 8 | 0 |
| 31 Mar 19 | 12 | 2 | 8 | 0 |
| 31 Dec 18 | 10 | 0 | 9 | 0 |
| 30 Sep 18 | 7 | 1 | 7 | 0 |
| 30 Jun 18 | 5 | 0 | 7 | 0 |
| 31 Mar 18 | 4 | 0 | 6 | 0 |
| 31 Dec 17 | 2 | -1 | 5 | 0 |
| 31 Dec 16 | 0 | -1 | 0 | 0 |
Quality Earnings: MMBANK has high quality earnings.
Growing Profit Margin: MMBANK's current net profit margins (46.6%) are higher than last year (37%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MMBANK's earnings have grown significantly by 20.8% per year over the past 5 years.
Accelerating Growth: MMBANK's earnings growth over the past year (40.6%) exceeds its 5-year average (20.8% per year).
Earnings vs Industry: MMBANK earnings growth over the past year (40.6%) exceeded the Banks industry 12.8%.
Return on Equity
High ROE: MMBANK's Return on Equity (9.7%) is considered low.