Farmers & Merchants Bank of Long Beach Past Earnings Performance
Past criteria checks 1/6
Farmers & Merchants Bank of Long Beach's earnings have been declining at an average annual rate of -3.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 1.8% per year. Farmers & Merchants Bank of Long Beach's return on equity is 3.9%, and it has net margins of 19.8%.
Key information
-3.7%
Earnings growth rate
-2.7%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 1.8% |
| Return on equity | 3.9% |
| Net Margin | 19.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Farmers & Merchants Bank of Long Beach 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 | 272 | 54 | 168 | 0 |
| 30 Jun 24 | 276 | 57 | 169 | 0 |
| 31 Mar 24 | 277 | 61 | 169 | 0 |
| 31 Dec 23 | 283 | 70 | 168 | 0 |
| 30 Sep 23 | 298 | 83 | 172 | 0 |
| 30 Jun 23 | 307 | 92 | 170 | 0 |
| 31 Mar 23 | 320 | 103 | 168 | 0 |
| 31 Dec 22 | 324 | 109 | 165 | 0 |
| 30 Sep 22 | 323 | 113 | 161 | 0 |
| 30 Jun 22 | 325 | 116 | 157 | 0 |
| 31 Mar 22 | 322 | 118 | 152 | 0 |
| 31 Dec 21 | 317 | 115 | 150 | 0 |
| 30 Sep 21 | 308 | 108 | 150 | 0 |
| 30 Jun 21 | 292 | 97 | 149 | 0 |
| 31 Mar 21 | 280 | 87 | 150 | 0 |
| 31 Dec 20 | 271 | 80 | 151 | 0 |
| 30 Sep 20 | 267 | 77 | 149 | 0 |
| 30 Jun 20 | 267 | 80 | 148 | 0 |
| 31 Mar 20 | 266 | 81 | 145 | 0 |
| 31 Dec 19 | 267 | 86 | 142 | 0 |
| 30 Sep 19 | 266 | 89 | 134 | 0 |
| 30 Jun 19 | 262 | 87 | 128 | 0 |
| 31 Mar 19 | 259 | 87 | 124 | 0 |
| 31 Dec 18 | 255 | 86 | 121 | 0 |
| 30 Sep 18 | 237 | 75 | 119 | 0 |
| 30 Jun 18 | 233 | 71 | 118 | 0 |
| 31 Mar 18 | 253 | 66 | 118 | 0 |
| 31 Dec 17 | 253 | 65 | 115 | 0 |
| 30 Sep 17 | 229 | 71 | 116 | 0 |
| 30 Jun 17 | 226 | 72 | 111 | 0 |
| 31 Mar 17 | 242 | 74 | 108 | 0 |
| 31 Dec 16 | 219 | 72 | 107 | 0 |
| 30 Sep 16 | 229 | 69 | 107 | 0 |
| 30 Jun 16 | 224 | 68 | 106 | 0 |
| 31 Mar 16 | 223 | 66 | 106 | 0 |
| 31 Dec 15 | 216 | 65 | 103 | 0 |
| 30 Sep 15 | 214 | 65 | 98 | 0 |
| 30 Jun 15 | 212 | 66 | 95 | 0 |
| 31 Mar 15 | 207 | 65 | 91 | 0 |
| 31 Dec 14 | 202 | 62 | 90 | 0 |
| 30 Sep 14 | 195 | 62 | 86 | 0 |
| 30 Jun 14 | 191 | 60 | 84 | 0 |
| 31 Mar 14 | 187 | 59 | 80 | 0 |
| 31 Dec 13 | 187 | 62 | 76 | 0 |
Quality Earnings: FMBL has high quality earnings.
Growing Profit Margin: FMBL's current net profit margins (19.8%) are lower than last year (27.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FMBL's earnings have declined by 3.7% per year over the past 5 years.
Accelerating Growth: FMBL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FMBL had negative earnings growth (-35%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: FMBL's Return on Equity (3.9%) is considered low.