Marine Bancorp of Florida Past Earnings Performance
Past criteria checks 2/6
Marine Bancorp of Florida has been growing earnings at an average annual rate of 23.3%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 11.8% per year. Marine Bancorp of Florida's return on equity is 12.6%, and it has net margins of 23.6%.
Key information
23.3%
Earnings growth rate
n/a
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 11.8% |
| Return on equity | 12.6% |
| Net Margin | 23.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Marine Bancorp of Florida 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 | 20 | 5 | 0 | 0 |
| 30 Sep 23 | 20 | 5 | 0 | 0 |
| 30 Jun 23 | 21 | 6 | 0 | 0 |
| 31 Mar 23 | 21 | 5 | 0 | 0 |
| 31 Dec 22 | 20 | 5 | 0 | 0 |
| 30 Sep 22 | 20 | 5 | 0 | 0 |
| 30 Jun 22 | 19 | 5 | 0 | 0 |
| 31 Mar 22 | 19 | 5 | 0 | 0 |
| 31 Dec 21 | 18 | 5 | 0 | 0 |
| 30 Sep 21 | 17 | 5 | 0 | 0 |
| 30 Jun 21 | 16 | 4 | 0 | 0 |
| 31 Mar 21 | 15 | 4 | 0 | 0 |
| 31 Dec 20 | 13 | 3 | 0 | 0 |
| 30 Sep 20 | 12 | 3 | 0 | 0 |
| 30 Jun 20 | 11 | 2 | 0 | 0 |
| 31 Mar 20 | 11 | 2 | 0 | 0 |
| 31 Dec 19 | 11 | 2 | 0 | 0 |
Quality Earnings: MBOF has high quality earnings.
Growing Profit Margin: MBOF's current net profit margins (23.6%) are lower than last year (26.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBOF's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: MBOF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MBOF had negative earnings growth (-14.3%) over the past year, making it difficult to compare to the Banks industry average (-12.9%).
Return on Equity
High ROE: MBOF's Return on Equity (12.6%) is considered low.