Katahdin Bankshares Past Earnings Performance
Past criteria checks 2/6
Katahdin Bankshares has been growing earnings at an average annual rate of 7.3%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 5% per year. Katahdin Bankshares's return on equity is 10.7%, and it has net margins of 24.4%.
Key information
7.3%
Earnings growth rate
8.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 5.0% |
| Return on equity | 10.7% |
| Net Margin | 24.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Katahdin Bankshares 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 | 39 | 9 | 26 | 0 |
| 31 Dec 23 | 39 | 10 | 26 | 0 |
| 30 Sep 23 | 40 | 11 | 25 | 0 |
| 30 Jun 23 | 39 | 11 | 25 | 0 |
| 31 Mar 23 | 38 | 10 | 25 | 0 |
| 31 Dec 22 | 37 | 10 | 25 | 0 |
| 30 Sep 22 | 35 | 8 | 24 | 0 |
| 30 Jun 22 | 35 | 9 | 24 | 0 |
| 31 Mar 22 | 35 | 9 | 24 | 0 |
| 31 Dec 21 | 35 | 9 | 24 | 0 |
| 30 Sep 21 | 35 | 11 | 22 | 0 |
| 30 Jun 21 | 35 | 11 | 22 | 0 |
| 31 Mar 21 | 35 | 11 | 22 | 0 |
| 31 Dec 20 | 33 | 10 | 22 | 0 |
| 30 Sep 20 | 33 | 8 | 22 | 0 |
| 30 Jun 20 | 32 | 8 | 22 | 0 |
| 31 Mar 20 | 32 | 7 | 22 | 0 |
| 31 Dec 19 | 32 | 8 | 22 | 0 |
| 30 Sep 19 | 32 | 7 | 21 | 0 |
| 30 Jun 19 | 31 | 7 | 21 | 0 |
| 31 Mar 19 | 31 | 7 | 21 | 0 |
| 31 Dec 18 | 30 | 6 | 21 | 0 |
| 30 Sep 18 | 30 | 5 | 21 | 0 |
| 30 Jun 18 | 29 | 5 | 21 | 0 |
| 31 Mar 18 | 29 | 4 | 21 | 0 |
| 31 Dec 17 | 29 | 3 | 21 | 0 |
| 30 Sep 17 | 28 | 4 | 21 | 0 |
| 30 Jun 17 | 28 | 4 | 21 | 0 |
| 31 Mar 17 | 28 | 4 | 21 | 0 |
| 31 Dec 16 | 28 | 4 | 21 | 0 |
| 30 Sep 16 | 28 | 4 | 20 | 0 |
| 30 Jun 16 | 28 | 4 | 20 | 0 |
| 31 Mar 16 | 28 | 4 | 20 | 0 |
| 31 Dec 15 | 27 | 4 | 20 | 0 |
| 30 Sep 15 | 27 | 4 | 19 | 0 |
| 30 Jun 15 | 27 | 4 | 19 | 0 |
| 31 Mar 15 | 26 | 4 | 19 | 0 |
| 31 Dec 14 | 26 | 4 | 19 | 0 |
| 30 Sep 14 | 25 | 4 | 18 | 0 |
| 30 Jun 14 | 24 | 4 | 18 | 0 |
| 31 Mar 14 | 24 | 4 | 18 | 0 |
| 31 Dec 13 | 24 | 4 | 18 | 0 |
| 30 Sep 13 | 25 | 4 | 17 | 0 |
| 30 Jun 13 | 25 | 4 | 17 | 0 |
Quality Earnings: KTHN has high quality earnings.
Growing Profit Margin: KTHN's current net profit margins (24.4%) are lower than last year (27.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KTHN's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: KTHN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KTHN had negative earnings growth (-9.9%) over the past year, making it difficult to compare to the Banks industry average (-13.8%).
Return on Equity
High ROE: KTHN's Return on Equity (10.7%) is considered low.