Mwalimu Commercial Bank Past Earnings Performance
Past criteria checks 3/6
Mwalimu Commercial Bank has been growing earnings at an average annual rate of 45.3%, while the Banks industry saw earnings growing at 32.6% annually. Revenues have been growing at an average rate of 28.8% per year. Mwalimu Commercial Bank's return on equity is 0.07%, and it has net margins of 0.2%.
Key information
45.3%
Earnings growth rate
45.4%
EPS growth rate
| Banks Industry Growth | 31.8% |
| Revenue growth rate | 28.8% |
| Return on equity | 0.07% |
| Net Margin | 0.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Mwalimu Commercial 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 Dec 23 | 6,900 | 11 | 3,040 | 0 |
| 31 Mar 23 | 7,278 | -86 | 3,141 | 0 |
| 31 Dec 22 | 6,889 | -331 | 3,110 | 0 |
| 30 Jun 22 | 6,730 | -30 | 3,012 | 0 |
| 31 Mar 22 | 6,021 | -534 | 2,917 | 0 |
| 31 Dec 21 | 5,199 | -1,387 | 2,874 | 0 |
| 30 Sep 21 | 3,664 | -2,298 | 3,844 | 0 |
| 30 Jun 21 | 2,617 | -3,486 | 3,876 | 0 |
| 31 Mar 21 | 2,160 | -4,058 | 3,876 | 0 |
| 31 Dec 20 | 2,011 | -4,062 | 3,806 | 0 |
| 30 Sep 20 | 2,237 | -3,880 | 4,645 | 0 |
| 30 Jun 20 | 2,296 | -4,253 | 4,833 | 0 |
| 31 Mar 20 | 2,270 | -4,685 | 4,977 | 0 |
| 31 Dec 19 | 2,548 | -4,827 | 4,346 | 0 |
| 30 Sep 19 | 2,781 | -5,511 | 4,955 | 0 |
| 30 Jun 19 | 2,847 | -5,353 | 4,919 | 0 |
| 31 Mar 19 | 2,910 | -5,332 | 5,007 | 0 |
| 31 Dec 18 | 2,813 | -5,503 | 6,034 | 0 |
| 30 Sep 18 | 2,974 | -4,956 | 5,184 | 0 |
| 30 Jun 18 | 3,115 | -4,392 | 5,296 | 0 |
| 31 Mar 18 | 3,337 | -4,277 | 5,036 | 0 |
| 31 Dec 17 | 3,419 | -4,271 | 4,830 | 0 |
| 30 Sep 17 | 3,211 | -4,611 | 4,503 | 0 |
| 31 Dec 16 | 3,833 | -730 | 3,329 | 0 |
| 31 Dec 15 | 2,975 | 83 | 2,848 | 0 |
| 31 Dec 14 | 2,036 | 649 | 572 | 0 |
Quality Earnings: MCB has high quality earnings.
Growing Profit Margin: MCB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MCB has become profitable over the past 5 years, growing earnings by 45.3% per year.
Accelerating Growth: MCB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MCB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (25.7%).
Return on Equity
High ROE: MCB's Return on Equity (0.07%) is considered low.