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 -8.9%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 2.5% per year. 1ST SUMMIT BANCORP of Johnstown's return on equity is 2.6%, and it has net margins of 8.2%.
Key information
-8.9%
Earnings growth rate
-8.9%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.5% |
| Return on equity | 2.6% |
| Net Margin | 8.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
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 Dec 23 | 32 | 3 | 24 | 0 |
| 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 (8.2%) are lower than last year (27.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FSMK's earnings have declined by 8.9% per year 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 (-77%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: FSMK's Return on Equity (2.6%) is considered low.