First Commerce Bancorp Past Earnings Performance
Past criteria checks 1/6
First Commerce Bancorp's earnings have been declining at an average annual rate of -1.2%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 3.6% per year. First Commerce Bancorp's return on equity is 5.3%, and it has net margins of 22.3%.
Key information
-1.2%
Earnings growth rate
-1.5%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 3.6% |
| Return on equity | 5.3% |
| Net Margin | 22.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How First Commerce Bancorp 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 | 41 | 9 | 25 | 0 |
| 30 Jun 24 | 42 | 10 | 25 | 0 |
| 31 Mar 24 | 44 | 12 | 25 | 0 |
| 31 Dec 23 | 47 | 14 | 25 | 0 |
| 30 Sep 23 | 44 | 12 | 24 | 0 |
| 30 Jun 23 | 48 | 16 | 23 | 0 |
| 31 Mar 23 | 47 | 16 | 22 | 0 |
| 31 Dec 22 | 49 | 17 | 23 | 0 |
| 30 Sep 22 | 47 | 17 | 22 | 0 |
| 30 Jun 22 | 45 | 15 | 21 | 0 |
| 31 Mar 22 | 46 | 17 | 20 | 0 |
| 31 Dec 21 | 44 | 17 | 19 | 0 |
| 31 Dec 20 | 35 | 11 | 18 | 0 |
| 31 Dec 19 | 35 | 9 | 18 | 0 |
| 31 Dec 18 | 36 | 13 | 16 | 0 |
| 31 Dec 17 | 37 | 14 | 13 | 0 |
| 31 Dec 16 | 32 | 12 | 11 | 0 |
| 31 Dec 15 | 23 | 8 | 9 | 0 |
| 31 Dec 14 | 16 | 4 | 8 | 0 |
| 31 Dec 13 | 10 | 4 | 7 | 0 |
Quality Earnings: CMRB has high quality earnings.
Growing Profit Margin: CMRB's current net profit margins (22.3%) are lower than last year (27.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CMRB's earnings have declined by 1.2% per year over the past 5 years.
Accelerating Growth: CMRB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CMRB had negative earnings growth (-23%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: CMRB's Return on Equity (5.3%) is considered low.