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Consumers Bancorp (Consumers Bancorp) Earnings Yield % : 17.89% (As of Jun. 08, 2024)


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What is Consumers Bancorp Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-06-08), the stock price of Consumers Bancorp is $16.55. Consumers Bancorp's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $2.96. Therefore, Consumers Bancorp's earnings yield of today is 17.89%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Consumers Bancorp's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 17.48%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Consumers Bancorp Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

Consumers Bancorp's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=2.960/16.55
=17.89 %

Consumers Bancorp's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.960 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.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


Consumers Bancorp  (OTCPK:CBKM) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


Consumers Bancorp Earnings Yield % Related Terms

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Consumers Bancorp (Consumers Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
614 East Lincoln Way, P.O. Box 256, Minerva, OH, USA, 44657
Consumers Bancorp Inc is engaged in the financial services sector. It is a bank holding company for Consumers National Bank and performs commercial and retail banking tasks. Its business involves attracting deposits from businesses and individual customers and using such deposits to originate a commercial, mortgage and consumer loans in the United States market. The company's business banking division provides checking, including business entree checking, business savings, loans and cash management services. Its personal banking services include checking, mortgage loans, loans and credit and savings, CDS and IRAS.
Executives
Lober Ralph J Ii director, officer: CEO/President 9084 EMERALD ISLE ST NW, CANAL FULTON OH 44614
Frank L Paden director 7465 JAGUAR DR, BOARDMAN OH 44512
Suzanne N Mikes officer: VP, Chief Credit Officer 4028 TROON DR, UNIONTOWN OH 44685
Bradley Goris director 3075 SOUTH UNION AVE, ALLIANCE OH 44601-5362
John W Parkinson director 199 ORLANDO MANOR, WINTERSVILLE OH 43953
Kiko Richard T Jr director 103 OVERWOOD RD, AKRON OH 44313
Derek G Williams officer: SVP, Training & Sales Develop 1221 CENTURY HILL STREET, LOUISVILLE OH 44641-2720
Shawna L'italien director 617 BRICKER FARMS LANE, SALEM OH 44460
Ann M Gano director 2053 MAY VALLEY RD SW, NEW PHILADELPHIA OH 44663
Laurie L Mcclellan director, 10 percent owner, officer: CHAIRMAN OF BOD 28 TEPEE DR, MINERVA OH 44644
Schmuck Harry W Jr director 7200 RAVENNA AVE, LOUISVILLE OH 44641
Scott E Dodds officer: EVP, Senior Loan Officer 2669 MT PLEASANT ST NE, NORTH CANTON OH 44721
John P/ Furey director 8050 AVALON RD NW, MALVERN OH 44644
Kimberly K Chuckalovchak officer: SVP, Chief Information Officer 10020 LINDEN RD NW, MINERVA OH 44657
Hillary A Hudak officer: SVP, Chief People Officer 3037 KINGSTON CIR, SILVER LAKE OH 44224

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