Morris State Bancshares Past Earnings Performance
Past criteria checks 3/6
Morris State Bancshares has been growing earnings at an average annual rate of 7.7%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 0.4% per year. Morris State Bancshares's return on equity is 11.1%, and it has net margins of 35.9%.
Key information
7.7%
Earnings growth rate
6.9%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 0.4% |
| Return on equity | 11.1% |
| Net Margin | 35.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Morris State Bancshares 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 | 56 | 20 | 21 | 0 |
| 31 Dec 23 | 56 | 19 | 22 | 0 |
| 30 Sep 23 | 56 | 20 | 22 | 0 |
| 30 Jun 23 | 53 | 18 | 22 | 0 |
| 31 Mar 23 | 54 | 20 | 23 | 0 |
| 31 Dec 22 | 55 | 21 | 23 | 0 |
| 30 Sep 22 | 56 | 21 | 23 | 0 |
| 30 Jun 22 | 59 | 25 | 23 | 0 |
| 31 Mar 22 | 57 | 24 | 23 | 0 |
| 31 Dec 21 | 57 | 24 | 22 | 0 |
| 30 Sep 21 | 56 | 22 | 21 | 0 |
| 30 Jun 21 | 54 | 21 | 21 | 0 |
| 31 Mar 21 | 52 | 19 | 20 | 0 |
| 31 Dec 20 | 49 | 17 | 20 | 0 |
| 30 Sep 20 | 47 | 15 | 18 | 0 |
| 30 Jun 20 | 46 | 15 | 18 | 0 |
| 31 Mar 20 | 44 | 13 | 17 | 0 |
| 31 Dec 19 | 41 | 14 | 18 | 0 |
| 31 Dec 18 | 34 | 15 | 13 | 0 |
| 31 Dec 17 | 31 | 13 | 12 | 0 |
| 31 Dec 16 | 28 | 11 | 10 | 0 |
| 31 Dec 15 | 25 | 11 | 9 | 0 |
Quality Earnings: MBLU has high quality earnings.
Growing Profit Margin: MBLU's current net profit margins (35.9%) are lower than last year (36.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBLU's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: MBLU's earnings growth over the past year (2.4%) is below its 5-year average (7.7% per year).
Earnings vs Industry: MBLU earnings growth over the past year (2.4%) exceeded the Banks industry -12.9%.
Return on Equity
High ROE: MBLU's Return on Equity (11.1%) is considered low.