Harford Bank Past Earnings Performance

Past criteria checks 4/6

Harford Bank has been growing earnings at an average annual rate of 17.1%, while the Banks industry saw earnings growing at 5.4% annually. Revenues have been growing at an average rate of 11.9% per year. Harford Bank's return on equity is 10.7%, and it has net margins of 28.1%.

Key information

17.1%

Earnings growth rate

16.2%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	11.9%
Return on equity	10.7%
Net Margin	28.1%
Last Earnings Update	31 Dec 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Harford Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:HFBK Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 24	25	7	14
30 Sep 24	24	7	14
30 Jun 24	24	7	14
31 Mar 24	24	6	13
31 Dec 23	24	6	13
30 Sep 23	23	6	14
30 Jun 23	23	6	14
31 Mar 23	23	6	14
31 Dec 22	22	5	14
30 Sep 22	20	5	13
30 Jun 22	20	5	12
31 Mar 22	19	5	12
31 Dec 21	20	5	11
30 Sep 21	19	5	10
30 Jun 21	18	5	10
31 Mar 21	17	4	12
31 Dec 20	15	3	9
30 Sep 20	14	3	9
30 Jun 20	14	3	9
31 Mar 20	15	3	9
31 Dec 19	15	3	9
30 Sep 19	15	3	9
30 Jun 19	15	3	9
31 Mar 19	15	3	9
31 Dec 18	14	3	9
30 Sep 18	14	3	9
30 Jun 18	14	2	8
31 Mar 18	13	2	8
31 Dec 17	13	2	8
30 Sep 17	13	2	8
30 Jun 17	13	2	8
31 Mar 17	12	2	8
31 Dec 16	12	2	8
30 Sep 16	12	2	8
30 Jun 16	12	2	8
31 Mar 16	12	2	7
31 Dec 15	12	2	7
30 Sep 15	13	2	8
30 Jun 15	13	3	7
31 Mar 15	13	3	7
31 Dec 14	13	3	7
30 Sep 14	12	2	7
30 Jun 14	12	2	7

Quality Earnings: HFBK has high quality earnings.

Growing Profit Margin: HFBK's current net profit margins (28.1%) are higher than last year (27.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HFBK's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: HFBK's earnings growth over the past year (7.8%) is below its 5-year average (17.1% per year).

Earnings vs Industry: HFBK earnings growth over the past year (7.8%) exceeded the Banks industry 4.6%.

Return on Equity

High ROE: HFBK's Return on Equity (10.7%) 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	2025/05/06 10:30
End of Day Share Price	2025/05/06 00:00
Earnings	2024/12/31
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

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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

Harford Bank 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.