Mifflinburg Bancorp Past Earnings Performance
Past criteria checks 1/6
Mifflinburg Bancorp's earnings have been declining at an average annual rate of -3.2%, while the Banks industry saw earnings growing at 6.9% annually. Revenues have been declining at an average rate of 3.4% per year. Mifflinburg Bancorp's return on equity is 8%, and it has net margins of 26.3%.
Key information
-3.2%
Earnings growth rate
-3.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | -3.4% |
| Return on equity | 8.0% |
| Net Margin | 26.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Mifflinburg Bancorp 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 Jun 24 | 17 | 4 | 10 | 0 |
| 31 Mar 24 | 16 | 4 | 9 | 0 |
| 31 Dec 23 | 16 | 4 | 9 | 0 |
| 30 Sep 23 | 17 | 5 | 9 | 0 |
| 30 Jun 23 | 17 | 5 | 9 | 0 |
| 31 Mar 23 | 18 | 6 | 9 | 0 |
| 31 Dec 22 | 18 | 6 | 9 | 0 |
| 30 Sep 22 | 18 | 6 | 9 | 0 |
| 30 Jun 22 | 18 | 6 | 9 | 0 |
| 31 Mar 22 | 18 | 6 | 9 | 0 |
| 31 Dec 21 | 18 | 6 | 9 | 0 |
| 30 Sep 21 | 18 | 6 | 8 | 0 |
| 30 Jun 21 | 17 | 6 | 8 | 0 |
| 31 Mar 21 | 17 | 6 | 8 | 0 |
| 31 Dec 20 | 16 | 5 | 8 | 0 |
| 30 Sep 20 | 16 | 5 | 8 | 0 |
| 30 Jun 20 | 16 | 5 | 7 | 0 |
| 31 Mar 20 | 15 | 5 | 7 | 0 |
| 31 Dec 19 | 15 | 5 | 7 | 0 |
Quality Earnings: MIFF has high quality earnings.
Growing Profit Margin: MIFF's current net profit margins (26.3%) are lower than last year (31.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIFF's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: MIFF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MIFF had negative earnings growth (-17.9%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: MIFF's Return on Equity (8%) is considered low.