Merchants & Marine Bancorp Past Earnings Performance
Past criteria checks 3/6
Merchants & Marine Bancorp has been growing earnings at an average annual rate of 28.8%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 18% per year. Merchants & Marine Bancorp's return on equity is 5.1%, and it has net margins of 15.4%.
Key information
28.8%
Earnings growth rate
27.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 18.0% |
| Return on equity | 5.1% |
| Net Margin | 15.4% |
| Last Earnings Update | 31 Dec 2023 |
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 |
|---|---|---|---|---|
| 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 (15.4%) are higher than last year (9.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MNMB's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MNMB's past year earnings growth to its 5-year average.
Earnings vs Industry: MNMB earnings growth over the past year (111.6%) exceeded the Banks industry -14.2%.
Return on Equity
High ROE: MNMB's Return on Equity (5.1%) is considered low.