Prime Meridian Holding Past Earnings Performance
Past criteria checks 2/6
Prime Meridian Holding has been growing earnings at an average annual rate of 21.7%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 16.7% per year. Prime Meridian Holding's return on equity is 10%, and it has net margins of 27.7%.
Key information
21.7%
Earnings growth rate
21.3%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 16.7% |
| Return on equity | 10.0% |
| Net Margin | 27.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Prime Meridian Holding 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 Mar 24 | 29 | 8 | 16 | 0 |
| 31 Dec 23 | 30 | 9 | 15 | 0 |
| 30 Sep 23 | 31 | 10 | 16 | 0 |
| 30 Jun 23 | 31 | 10 | 15 | 0 |
| 31 Mar 23 | 30 | 10 | 14 | 0 |
| 31 Dec 22 | 29 | 10 | 14 | 0 |
| 30 Sep 22 | 27 | 9 | 13 | 0 |
| 30 Jun 22 | 26 | 8 | 13 | 0 |
| 31 Mar 22 | 25 | 8 | 12 | 0 |
| 31 Dec 21 | 25 | 8 | 12 | 0 |
| 30 Sep 21 | 24 | 8 | 11 | 0 |
| 30 Jun 21 | 23 | 8 | 11 | 0 |
| 31 Mar 21 | 20 | 6 | 10 | 0 |
| 31 Dec 20 | 18 | 4 | 10 | 0 |
| 30 Sep 20 | 16 | 4 | 9 | 0 |
| 30 Jun 20 | 16 | 3 | 9 | 0 |
| 31 Mar 20 | 16 | 3 | 9 | 0 |
| 31 Dec 19 | 16 | 4 | 9 | 0 |
| 30 Sep 19 | 16 | 4 | 9 | 0 |
| 30 Jun 19 | 15 | 4 | 9 | 0 |
| 31 Mar 19 | 15 | 4 | 8 | 0 |
| 31 Dec 18 | 14 | 4 | 8 | 0 |
| 30 Sep 18 | 14 | 3 | 7 | 0 |
| 30 Jun 18 | 14 | 3 | 7 | 0 |
| 31 Mar 18 | 13 | 3 | 7 | 0 |
| 31 Dec 17 | 13 | 3 | 7 | 0 |
| 30 Sep 17 | 12 | 3 | 7 | 0 |
| 30 Jun 17 | 12 | 3 | 7 | 0 |
| 31 Mar 17 | 12 | 2 | 7 | 0 |
| 31 Dec 16 | 11 | 2 | 6 | 0 |
| 30 Sep 16 | 11 | 2 | 6 | 0 |
| 30 Jun 16 | 10 | 2 | 6 | 0 |
| 31 Mar 16 | 9 | 2 | 6 | 0 |
| 31 Dec 15 | 9 | 2 | 6 | 0 |
| 30 Sep 15 | 9 | 2 | 5 | 0 |
| 30 Jun 15 | 9 | 2 | 5 | 0 |
| 31 Mar 15 | 8 | 1 | 5 | 0 |
| 31 Dec 14 | 7 | 1 | 5 | 0 |
| 30 Sep 14 | 7 | 1 | 5 | 0 |
| 30 Jun 14 | 7 | 1 | 5 | 0 |
| 31 Mar 14 | 7 | 1 | 4 | 0 |
| 31 Dec 13 | 7 | 1 | 4 | 0 |
| 30 Sep 13 | 6 | 1 | 4 | 0 |
Quality Earnings: PMHG has high quality earnings.
Growing Profit Margin: PMHG's current net profit margins (27.7%) are lower than last year (33.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PMHG's earnings have grown significantly by 21.7% per year over the past 5 years.
Accelerating Growth: PMHG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PMHG had negative earnings growth (-18.1%) over the past year, making it difficult to compare to the Banks industry average (-14.4%).
Return on Equity
High ROE: PMHG's Return on Equity (10%) is considered low.