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HFBK (Harford Bank) Revenue : $23.85 Mil (TTM As of Sep. 2024)


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What is Harford Bank Revenue?

Harford Bank's revenue for the three months ended in Sep. 2024 was $6.28 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $23.85 Mil. Harford Bank's Revenue per Share for the three months ended in Sep. 2024 was $4.20. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $16.01.

Warning Sign:

Harford Bank revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Harford Bank was 1.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Harford Bank's highest 3-Year average Revenue per Share Growth Rate was 10.20% per year. The lowest was 4.90% per year. And the median was 7.60% per year.


Harford Bank Revenue Historical Data

The historical data trend for Harford Bank's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harford Bank Revenue Chart

Harford Bank Annual Data
Trend Dec06 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.13 17.15 19.39 20.79 23.27

Harford Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.73 5.65 5.84 6.08 6.28

Competitive Comparison of Harford Bank's Revenue

For the Banks - Regional subindustry, Harford Bank's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harford Bank's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Harford Bank's Revenue distribution charts can be found below:

* The bar in red indicates where Harford Bank's Revenue falls into.



Harford Bank Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.85 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harford Bank  (OTCPK:HFBK) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Harford Bank Revenue Related Terms

Thank you for viewing the detailed overview of Harford Bank's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Harford Bank Business Description

Traded in Other Exchanges
N/A
Address
8 West Bel Air Avenue, Aberdeen, MD, USA, 21001
Harford Bank is a banking services company. The company provides a full range of banking services to customers located in Harford and Cecil Counties and surrounding areas of northeastern Maryland. The company conducts general commercial banking in its primary service areas, emphasizing the banking needs of individuals and small to medium-sized businesses and professional concerns. The primary source of income for the Bank is the net interest income it earns. The bank has only one operating segment, which is commercial banking.

Harford Bank Headlines