Merchants Financial Group Past Earnings Performance
Past criteria checks 1/6
Merchants Financial Group's earnings have been declining at an average annual rate of -0.6%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 0.7% per year. Merchants Financial Group's return on equity is 7.1%, and it has net margins of 18.9%.
Key information
-0.6%
Earnings growth rate
-0.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 0.7% |
| Return on equity | 7.1% |
| Net Margin | 18.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Merchants Financial Group 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 |
|---|---|---|---|---|
| 30 Sep 24 | 104 | 20 | 61 | 0 |
| 30 Jun 24 | 106 | 20 | 63 | 0 |
| 31 Mar 24 | 110 | 24 | 61 | 0 |
| 31 Dec 23 | 111 | 26 | 60 | 0 |
| 30 Sep 23 | 115 | 28 | 61 | 0 |
| 30 Jun 23 | 118 | 30 | 61 | 0 |
| 31 Mar 23 | 116 | 30 | 59 | 0 |
| 31 Dec 22 | 116 | 30 | 59 | 0 |
| 30 Sep 22 | 113 | 27 | 73 | 0 |
| 30 Jun 22 | 139 | 32 | 102 | 0 |
| 31 Mar 22 | 115 | 26 | 61 | 0 |
| 31 Dec 21 | 120 | 29 | 62 | 0 |
| 30 Jun 21 | 113 | 31 | 57 | 0 |
| 31 Dec 20 | 108 | 22 | 57 | 0 |
| 31 Dec 19 | 94 | 20 | 51 | 0 |
| 31 Dec 18 | 85 | 19 | 47 | 0 |
| 31 Dec 17 | 78 | 21 | 42 | 0 |
| 31 Dec 16 | 80 | 14 | 43 | 0 |
| 31 Dec 15 | 74 | 13 | 40 | 0 |
| 31 Dec 14 | 70 | 12 | 38 | 0 |
| 31 Dec 13 | 69 | 12 | 36 | 0 |
Quality Earnings: MFGI has high quality earnings.
Growing Profit Margin: MFGI's current net profit margins (18.9%) are lower than last year (24.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MFGI's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: MFGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MFGI had negative earnings growth (-30.8%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: MFGI's Return on Equity (7.1%) is considered low.