Eastern Michigan Financial Corporation

Eastern Michigan Financial Corporationverified

EFIN

Price:

$35.41

Market Cap:

$42.10M

Eastern Michigan Financial Corporation operates as the bank holding company for Eastern Michigan Bank that provides retail and commercial banking services in Michigan. The company offers interest- and noninterest-bearing checking and savings accounts, individual retirement accounts, time deposits, and certificates of deposit. It also provides home equity lines of credit, home equity term loans, automobile and truck loans, home mortgage loans, unsecured personal loans, and student loans, as well as RV, motorcycle, snowmobile, jet ski, boat, and ATV loans; equipment financing and loans, vehicle loans, working capital lines of credit, commercial real estate loans, construction and land developm...[Read more]

Industry

Banks - Regional

IPO Date

2008-01-29

Stock Exchange

PNK

Ticker

EFIN

The ROE as of November 2024 (TTM) for Eastern Michigan Financial Corporation (EFIN) is 14.93%

According to Eastern Michigan Financial Corporation’s latest financial reports and current stock price. The company's current ROE is 14.93%. This represents a change of 298.75% compared to the average of 3.74% of the last 4 quarters.

Eastern Michigan Financial Corporation (EFIN) Historical ROE (quarterly & annually)

How has EFIN ROE performed in the past?

The mean historical ROE of Eastern Michigan Financial Corporation over the last ten years is 9.39%. The current 14.93% ROE has changed 59.09% with respect to the historical average. Over the past ten years (40 quarters), EFIN's ROE was at its highest in in the December 2023 quarter at 4.38%. The ROE was at its lowest in in the June 2016 quarter at 1.41%.

Quarterly (TTM)
Annual

Average

9.39%

Median

9.34%

Minimum

6.43%

Maximum

15.31%

Eastern Michigan Financial Corporation (EFIN) ROE by Quarter and Year

Discovering the peaks and valleys of Eastern Michigan Financial Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 37.47%

Maximum Annual ROE = 15.31%

Minimum Annual Increase = -6.35%

Minimum Annual ROE = 6.43%

Quarterly (TTM)
Annual
YearROEChange
202315.31%37.47%
202211.14%1.22%
202111.00%10.15%
20209.99%-3.14%
201910.31%18.56%
20188.70%16.51%
20177.46%8.92%
20166.85%2.77%
20156.67%3.64%
20146.43%-6.35%

Eastern Michigan Financial Corporation (EFIN) Average ROE

How has EFIN ROE performed in the past?

The current ROE of Eastern Michigan Financial Corporation (EFIN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.48%

5-year avg

11.55%

10-year avg

9.39%

Eastern Michigan Financial Corporation (EFIN) ROE vs. Peers

How is EFIN’s ROE compared to its peers?

Eastern Michigan Financial Corporation’s ROE is less than Commercial National Financial Corporation (11.28%), less than Mifflinburg Bancorp, Inc. (8.10%), less than Apollo Bancorp, Inc. (7.15%), less than Community Bankers' Corporation (8.06%), less than FNB, Inc. (14.72%), less than FS Bancorp (13.42%), less than Sturgis Bancorp, Inc. (0.96%), greater than Grand River Commerce, Inc. (-8.84%), less than Bank of Botetourt (10.03%), less than The Farmers Bank of Appomattox (8.56%), greater than CCSB Financial Corp. (-2.29%), less than Bank of Utica (6.09%), less than Delhi Bank Corp. (5.54%),

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