First Northern Community Bancorp Past Earnings Performance
Past criteria checks 5/6
First Northern Community Bancorp has been growing earnings at an average annual rate of 9.1%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 6.7% per year. First Northern Community Bancorp's return on equity is 12.5%, and it has net margins of 28.4%.
Key information
9.1%
Earnings growth rate
9.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.7% |
| Return on equity | 12.5% |
| Net Margin | 28.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How First Northern Community 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 |
|---|---|---|---|---|
| 31 Mar 24 | 72 | 20 | 26 | 0 |
| 31 Dec 23 | 72 | 22 | 35 | 0 |
| 30 Sep 23 | 69 | 19 | 35 | 0 |
| 30 Jun 23 | 67 | 19 | 35 | 0 |
| 31 Mar 23 | 65 | 18 | 34 | 0 |
| 31 Dec 22 | 61 | 16 | 32 | 0 |
| 30 Sep 22 | 57 | 14 | 31 | 0 |
| 30 Jun 22 | 56 | 14 | 31 | 0 |
| 31 Mar 22 | 56 | 14 | 31 | 0 |
| 31 Dec 21 | 56 | 14 | 31 | 0 |
| 30 Sep 21 | 56 | 14 | 31 | 0 |
| 30 Jun 21 | 54 | 13 | 31 | 0 |
| 31 Mar 21 | 53 | 13 | 30 | 0 |
| 31 Dec 20 | 52 | 12 | 30 | 0 |
| 30 Sep 20 | 52 | 12 | 30 | 0 |
| 30 Jun 20 | 52 | 13 | 30 | 0 |
| 31 Mar 20 | 53 | 13 | 30 | 0 |
| 31 Dec 19 | 54 | 15 | 29 | 0 |
| 30 Sep 19 | 54 | 14 | 28 | 0 |
| 30 Jun 19 | 53 | 14 | 27 | 0 |
| 31 Mar 19 | 51 | 14 | 27 | 0 |
| 31 Dec 18 | 49 | 13 | 27 | 0 |
| 30 Sep 18 | 48 | 10 | 26 | 0 |
| 30 Jun 18 | 47 | 9 | 25 | 0 |
| 31 Mar 18 | 47 | 9 | 25 | 0 |
| 31 Dec 17 | 45 | 9 | 24 | 0 |
| 30 Sep 17 | 44 | 10 | 24 | 0 |
| 30 Jun 17 | 42 | 9 | 23 | 0 |
| 31 Mar 17 | 41 | 9 | 23 | 0 |
| 31 Dec 16 | 40 | 8 | 22 | 0 |
| 30 Sep 16 | 39 | 8 | 22 | 0 |
| 30 Jun 16 | 39 | 7 | 22 | 0 |
| 31 Mar 16 | 38 | 7 | 22 | 0 |
| 31 Dec 15 | 37 | 7 | 22 | 0 |
| 30 Sep 15 | 37 | 7 | 22 | 0 |
| 30 Jun 15 | 36 | 6 | 22 | 0 |
| 31 Mar 15 | 36 | 6 | 21 | 0 |
| 31 Dec 14 | 34 | 6 | 20 | 0 |
| 30 Sep 14 | 35 | 5 | 21 | 0 |
| 30 Jun 14 | 34 | 5 | 22 | 0 |
| 31 Mar 14 | 35 | 5 | 22 | 0 |
| 31 Dec 13 | 35 | 5 | 22 | 0 |
| 30 Sep 13 | 35 | 5 | 22 | 0 |
| 30 Jun 13 | 34 | 4 | 22 | 0 |
Quality Earnings: FNRN has high quality earnings.
Growing Profit Margin: FNRN's current net profit margins (28.4%) are higher than last year (28.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FNRN's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: FNRN's earnings growth over the past year (11%) exceeds its 5-year average (9.1% per year).
Earnings vs Industry: FNRN earnings growth over the past year (11%) exceeded the Banks industry -12.4%.
Return on Equity
High ROE: FNRN's Return on Equity (12.5%) is considered low.