Mission Bancorp Past Earnings Performance
Past criteria checks 5/6
Mission Bancorp has been growing earnings at an average annual rate of 19%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 15.1% per year. Mission Bancorp's return on equity is 19.4%, and it has net margins of 41.4%.
Key information
19.0%
Earnings growth rate
17.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 15.1% |
| Return on equity | 19.4% |
| Net Margin | 41.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Mission 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 | 74 | 30 | 29 | 0 |
| 31 Dec 22 | 60 | 24 | 25 | 0 |
| 30 Sep 22 | 56 | 23 | 39 | 0 |
| 30 Jun 22 | 52 | 20 | 22 | 0 |
| 31 Mar 22 | 49 | 19 | 22 | 0 |
| 31 Dec 21 | 49 | 19 | 21 | 0 |
| 30 Sep 21 | 48 | 18 | 21 | 0 |
| 30 Jun 21 | 47 | 18 | 21 | 0 |
| 31 Mar 21 | 45 | 16 | 0 | 0 |
| 31 Dec 20 | 44 | 16 | 21 | 0 |
| 30 Sep 20 | 41 | 14 | 18 | 0 |
| 30 Jun 20 | 40 | 14 | 18 | 0 |
| 31 Mar 20 | 39 | 14 | 18 | 0 |
| 31 Dec 19 | 38 | 14 | 18 | 0 |
| 30 Sep 19 | 37 | 13 | 16 | 0 |
| 30 Jun 19 | 35 | 13 | 16 | 0 |
| 31 Mar 19 | 35 | 12 | 16 | 0 |
| 31 Dec 18 | 34 | 12 | 16 | 0 |
| 30 Sep 18 | 32 | 10 | 14 | 0 |
| 30 Jun 18 | 31 | 9 | 14 | 0 |
| 31 Mar 18 | 28 | 7 | 14 | 0 |
| 31 Dec 17 | 26 | 6 | 14 | 0 |
| 30 Sep 17 | 25 | 6 | 13 | 0 |
| 30 Jun 17 | 23 | 6 | 13 | 0 |
| 31 Mar 17 | 23 | 5 | 13 | 0 |
| 31 Dec 16 | 22 | 5 | 13 | 0 |
| 30 Sep 16 | 22 | 5 | 9 | 0 |
| 30 Jun 16 | 21 | 5 | 9 | 0 |
| 31 Mar 16 | 20 | 4 | 9 | 0 |
| 31 Dec 15 | 19 | 4 | 12 | 0 |
| 30 Sep 15 | 18 | 3 | 9 | 0 |
| 30 Jun 15 | 18 | 3 | 9 | 0 |
| 31 Mar 15 | 18 | 3 | 9 | 0 |
| 31 Dec 14 | 18 | 3 | 9 | 0 |
| 30 Sep 14 | 18 | 3 | 8 | 0 |
| 30 Jun 14 | 17 | 3 | 8 | 0 |
| 31 Mar 14 | 17 | 3 | 8 | 0 |
| 31 Dec 13 | 16 | 2 | 8 | 0 |
Quality Earnings: MSBC has high quality earnings.
Growing Profit Margin: MSBC's current net profit margins (41.4%) are higher than last year (40.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSBC's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: MSBC's earnings growth over the past year (25.6%) exceeds its 5-year average (19% per year).
Earnings vs Industry: MSBC earnings growth over the past year (25.6%) exceeded the Banks industry -10.2%.
Return on Equity
High ROE: MSBC's Return on Equity (19.4%) is considered low.