Mercantil Servicios Financieros C.A Past Earnings Performance

Past criteria checks 1/6

Mercantil Servicios Financieros C.A's earnings have been declining at an average annual rate of -32.4%, while the Banks industry saw earnings growing at 12.6% annually. Revenues have been declining at an average rate of 30.7% per year. Mercantil Servicios Financieros C.A's return on equity is 18.5%, and it has net margins of 15.8%.

Key information

-32.4%

Earnings growth rate

-32.4%

EPS growth rate

Banks Industry Growth	-10.8%
Revenue growth rate	-30.7%
Return on equity	18.5%
Net Margin	15.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Mercantil Servicios Financieros C.A makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CCSE:MVZ.A Revenue, expenses and earnings (VES Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	3,975	630	2,641
30 Jun 24	8,287	1,270	3,334
31 Mar 24	7,232	1,346	2,646
31 Dec 23	7,146	1,721	2,324
30 Sep 23	6,225	2,019	1,261
30 Jun 23	4,714	1,444	1,144
31 Mar 23	3,939	1,325	666
31 Dec 22	2,456	887	439
30 Sep 22	943	78	244
30 Jun 22	-240,641,787	-118,098,664	-51,445,845
31 Mar 22	446	-11	188
31 Dec 21	483	118	148
30 Sep 21	482,259,043	171,126,606	83,612,368
30 Jun 21	347,635,678	184,595,076	58,594,966
31 Mar 21	124,208,143	74,432,671	9,345,372
31 Dec 20	124,208,043	74,432,606	9,345,368
30 Sep 20	45,761,232	22,725,138	4,128,736
30 Jun 20	22,585,676	10,514,452	2,867,283
31 Mar 20	9,448,331	4,601,111	1,110,857
31 Dec 19	6,124,232	3,003,138	747,736
30 Sep 19	3,360,823	1,780,286	260,848
30 Jun 19	867,416	492,138	81,714
31 Mar 19	492,165	317,051	31,785
31 Dec 18	114,103	67,256	4,745
30 Sep 18	6,538	3,669	772
30 Jun 18	256	118	28
31 Mar 18	98	43	4
31 Dec 17	7	1	2
30 Sep 17	3	1	1
30 Jun 17	1	0	0
31 Mar 17	2	0	0
31 Dec 16	1	0	0
30 Sep 16	1	0	0
30 Jun 16	1	0	0
31 Mar 16	1	0	0
31 Dec 15	1	0	0
30 Sep 15	0	0	0
30 Jun 15	0	0	0
31 Mar 15	0	0	0
31 Dec 14	0	0	0
30 Sep 14	0	0	0
30 Jun 14	0	0	0
31 Mar 14	0	0	0

Quality Earnings: MVZ.A has high quality earnings.

Growing Profit Margin: MVZ.A's current net profit margins (15.8%) are lower than last year (32.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MVZ.A's earnings have declined by 32.4% per year over the past 5 years.

Accelerating Growth: MVZ.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MVZ.A had negative earnings growth (-68.8%) over the past year, making it difficult to compare to the Banks industry average (8.9%).

Return on Equity

High ROE: MVZ.A's Return on Equity (18.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/08 14:40
End of Day Share Price	2025/01/08 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercantil Servicios Financieros, C.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution