Merchants & Marine Bancorp Past Earnings Performance
Past criteria checks 2/6
Merchants & Marine Bancorp has been growing earnings at an average annual rate of 27%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 22% per year. Merchants & Marine Bancorp's return on equity is 3.7%, and it has net margins of 10.5%.
Key information
27.0%
Earnings growth rate
24.7%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 22.0% |
| Return on equity | 3.7% |
| Net Margin | 10.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Merchants & Marine 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 Sep 24 | 43 | 5 | 33 | 0 |
| 30 Jun 24 | 45 | 6 | 32 | 0 |
| 31 Mar 24 | 43 | 6 | 31 | 0 |
| 31 Dec 23 | 41 | 6 | 28 | 0 |
| 30 Sep 23 | 40 | 6 | 27 | 0 |
| 30 Jun 23 | 34 | 4 | 25 | 0 |
| 31 Mar 23 | 32 | 4 | 23 | 0 |
| 31 Dec 22 | 30 | 3 | 23 | 0 |
| 30 Sep 22 | 28 | 2 | 22 | 0 |
| 30 Jun 22 | 26 | 1 | 21 | 0 |
| 31 Mar 22 | 26 | 2 | 20 | 0 |
| 31 Dec 21 | 26 | 2 | 20 | 0 |
| 30 Sep 21 | 26 | 2 | 19 | 0 |
| 30 Jun 21 | 24 | 2 | 18 | 0 |
| 31 Mar 21 | 25 | 4 | 17 | 0 |
| 31 Dec 20 | 24 | 4 | 16 | 0 |
Quality Earnings: MNMB has high quality earnings.
Growing Profit Margin: MNMB's current net profit margins (10.5%) are lower than last year (16%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MNMB's earnings have grown significantly by 27% per year over the past 5 years.
Accelerating Growth: MNMB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MNMB had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: MNMB's Return on Equity (3.7%) is considered low.