1ST SUMMIT BANCORP of Johnstown Past Earnings Performance
Past criteria checks 1/6
1ST SUMMIT BANCORP of Johnstown's earnings have been declining at an average annual rate of -10.2%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 2.4% per year. 1ST SUMMIT BANCORP of Johnstown's return on equity is 9.8%, and it has net margins of 24.7%.
Key information
-10.2%
Earnings growth rate
-10.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.4% |
| Return on equity | 9.8% |
| Net Margin | 24.7% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How 1ST SUMMIT BANCORP of Johnstown 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 23 | 41 | 10 | 24 | 0 |
| 31 Dec 22 | 42 | 12 | 23 | 0 |
| 31 Dec 21 | 40 | 11 | 21 | 0 |
| 31 Dec 20 | 34 | 8 | 19 | 0 |
| 31 Dec 19 | 35 | 11 | 17 | 0 |
| 31 Dec 18 | 33 | 11 | 16 | 0 |
| 31 Dec 17 | 35 | 10 | 16 | 0 |
| 31 Dec 16 | 33 | 10 | 15 | 0 |
| 31 Dec 15 | 32 | 10 | 14 | 0 |
| 31 Dec 14 | 30 | 10 | 13 | 0 |
| 31 Dec 13 | 29 | 9 | 13 | 0 |
Quality Earnings: FSMK has high quality earnings.
Growing Profit Margin: FSMK's current net profit margins (24.7%) are lower than last year (28.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FSMK's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: FSMK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FSMK had negative earnings growth (-10.2%) over the past year, making it difficult to compare to the Banks industry average (-10.1%).
Return on Equity
High ROE: FSMK's Return on Equity (9.8%) is considered low.