Maendeleo Bank Past Earnings Performance
Past criteria checks 5/6
Maendeleo Bank has been growing earnings at an average annual rate of 19.4%, while the Banks industry saw earnings growing at 32.6% annually. Revenues have been growing at an average rate of 10.4% per year. Maendeleo Bank's return on equity is 9.2%, and it has net margins of 16.4%.
Key information
19.4%
Earnings growth rate
10.7%
EPS growth rate
| Banks Industry Growth | 31.8% |
| Revenue growth rate | 10.4% |
| Return on equity | 9.2% |
| Net Margin | 16.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Maendeleo 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 |
|---|---|---|---|---|
| 30 Sep 23 | 10,216 | 1,673 | 7,346 | 0 |
| 30 Jun 23 | 10,006 | 1,446 | 3,614 | 0 |
| 31 Mar 23 | 9,656 | 1,393 | 3,424 | 0 |
| 31 Dec 22 | 8,927 | 1,416 | 6,767 | 0 |
| 30 Sep 22 | 9,065 | 1,249 | 3,016 | 0 |
| 31 Mar 22 | 8,190 | 829 | 2,914 | 0 |
| 31 Dec 21 | 7,328 | 587 | 6,510 | 0 |
| 30 Sep 21 | 7,383 | 935 | 6,289 | 0 |
| 31 Mar 21 | 7,084 | 549 | 2,869 | 0 |
| 31 Dec 20 | 6,958 | 718 | 6,166 | 0 |
| 30 Sep 20 | 6,194 | 163 | 5,633 | 0 |
| 31 Mar 20 | 6,232 | 218 | 5,668 | 0 |
| 31 Dec 19 | 6,074 | 231 | 5,624 | 0 |
| 30 Sep 19 | 6,339 | 489 | 5,970 | 0 |
| 30 Jun 19 | 6,355 | 658 | 5,848 | 0 |
| 31 Mar 19 | 6,079 | 650 | 5,708 | 0 |
| 31 Dec 18 | 6,375 | 793 | 5,532 | 0 |
| 30 Sep 18 | 7,096 | 1,435 | 5,395 | 0 |
| 30 Jun 18 | 7,087 | 1,361 | 5,309 | 0 |
| 31 Mar 18 | 7,015 | 1,427 | 5,164 | 0 |
| 31 Dec 17 | 6,261 | 970 | 5,103 | 0 |
| 30 Sep 17 | 5,400 | 486 | 1,777 | 0 |
| 31 Mar 17 | 4,556 | 523 | 1,422 | 0 |
| 31 Dec 16 | 4,138 | 555 | 3,363 | 0 |
| 31 Mar 16 | 3,683 | 482 | 3,050 | 0 |
| 31 Dec 15 | 3,169 | 178 | 2,977 | 0 |
| 31 Mar 15 | 1,822 | -138 | 1,944 | 0 |
| 31 Dec 14 | 1,535 | -281 | 1,869 | 0 |
| 31 Dec 13 | 1,716 | -1,555 | 3,193 | 0 |
Quality Earnings: MBP has high quality earnings.
Growing Profit Margin: MBP's current net profit margins (16.4%) are higher than last year (13.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBP's earnings have grown by 19.4% per year over the past 5 years.
Accelerating Growth: MBP's earnings growth over the past year (33.9%) exceeds its 5-year average (19.4% per year).
Earnings vs Industry: MBP earnings growth over the past year (33.9%) exceeded the Banks industry 26.4%.
Return on Equity
High ROE: MBP's Return on Equity (9.2%) is considered low.