Middlefield Banc Past Earnings Performance
Past criteria checks 2/6
Middlefield Banc has been growing earnings at an average annual rate of 9.3%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 11.4% per year. Middlefield Banc's return on equity is 6.7%, and it has net margins of 22%.
Key information
9.3%
Earnings growth rate
4.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 11.4% |
| Return on equity | 6.7% |
| Net Margin | 22.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Middlefield Banc 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 24 | 65 | 14 | 37 | 0 |
| 30 Jun 24 | 67 | 16 | 37 | 0 |
| 31 Mar 24 | 68 | 17 | 37 | 0 |
| 31 Dec 23 | 69 | 17 | 37 | 0 |
| 30 Sep 23 | 69 | 17 | 35 | 0 |
| 30 Jun 23 | 66 | 18 | 32 | 0 |
| 31 Mar 23 | 62 | 17 | 29 | 0 |
| 31 Dec 22 | 57 | 16 | 27 | 0 |
| 30 Sep 22 | 54 | 17 | 26 | 0 |
| 30 Jun 22 | 54 | 18 | 26 | 0 |
| 31 Mar 22 | 54 | 18 | 26 | 0 |
| 31 Dec 21 | 55 | 19 | 26 | 0 |
| 30 Sep 21 | 52 | 16 | 26 | 0 |
| 30 Jun 21 | 47 | 13 | 25 | 0 |
| 31 Mar 21 | 45 | 11 | 25 | 0 |
| 31 Dec 20 | 40 | 8 | 24 | 0 |
| 30 Sep 20 | 40 | 9 | 24 | 0 |
| 30 Jun 20 | 42 | 10 | 24 | 0 |
| 31 Mar 20 | 43 | 11 | 24 | 0 |
| 31 Dec 19 | 45 | 13 | 25 | 0 |
| 30 Sep 19 | 45 | 13 | 24 | 0 |
| 30 Jun 19 | 45 | 13 | 23 | 0 |
| 31 Mar 19 | 44 | 13 | 23 | 0 |
| 31 Dec 18 | 43 | 12 | 23 | 0 |
| 30 Sep 18 | 42 | 11 | 22 | 0 |
| 30 Jun 18 | 42 | 11 | 22 | 0 |
| 31 Mar 18 | 42 | 10 | 22 | 0 |
| 31 Dec 17 | 41 | 9 | 21 | 0 |
| 30 Sep 17 | 38 | 9 | 20 | 0 |
| 30 Jun 17 | 35 | 8 | 18 | 0 |
| 31 Mar 17 | 32 | 7 | 17 | 0 |
| 31 Dec 16 | 29 | 6 | 16 | 0 |
| 30 Sep 16 | 29 | 7 | 16 | 0 |
| 30 Jun 16 | 29 | 7 | 16 | 0 |
| 31 Mar 16 | 29 | 7 | 16 | 0 |
| 31 Dec 15 | 29 | 7 | 15 | 0 |
| 30 Sep 15 | 28 | 7 | 15 | 0 |
| 30 Jun 15 | 28 | 7 | 15 | 0 |
| 31 Mar 15 | 27 | 7 | 14 | 0 |
| 31 Dec 14 | 27 | 7 | 14 | 0 |
| 30 Sep 14 | 27 | 7 | 14 | 0 |
| 30 Jun 14 | 27 | 7 | 14 | 0 |
| 31 Mar 14 | 26 | 7 | 13 | 0 |
| 31 Dec 13 | 26 | 7 | 13 | 0 |
Quality Earnings: MBCN has high quality earnings.
Growing Profit Margin: MBCN's current net profit margins (22%) are lower than last year (25.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBCN's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: MBCN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MBCN had negative earnings growth (-18%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: MBCN's Return on Equity (6.7%) is considered low.