This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

First IC Past Earnings Performance

Past criteria checks 2/6

First IC has been growing earnings at an average annual rate of 17.2%, while the Banks industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 1.3% per year. First IC's return on equity is 17.3%, and it has net margins of 40.5%.

Key information

17.20%

Earnings growth rate

18.73%

EPS growth rate

Banks Industry Growth	11.18%
Revenue growth rate	1.29%
Return on equity	17.27%
Net Margin	40.46%
Last Earnings Update	31 Mar 2025

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How First IC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:FIEB Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 25	61	25	21
31 Dec 24	61	25	20
31 Dec 23	60	25	20
31 Dec 22	55	21	20
31 Dec 21	50	19	18
31 Dec 20	29	7	14
31 Dec 19	33	10	14
31 Dec 18	29	10	12
31 Dec 17	27	8	10
31 Dec 16	23	7	8
31 Dec 15	21	6	8

Quality Earnings: FIEB has high quality earnings.

Growing Profit Margin: FIEB's current net profit margins (40.5%) are lower than last year (41%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FIEB's earnings have grown by 17.2% per year over the past 5 years.

Accelerating Growth: FIEB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FIEB had negative earnings growth (-0.1%) over the past year, making it difficult to compare to the Banks industry average (18.1%).

Return on Equity

High ROE: FIEB's Return on Equity (17.3%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/02 04:05
End of Day Share Price	2025/11/14 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First IC Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.