Estados financieros detallados de ECB Bancorp, Inc. (ECBK): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
ECB Bancorp, Inc. registró ingresos de $79.5M en el último ejercicio fiscal, con un CAGR de 5 años del 28.4%. El beneficio neto alcanzó $7.8M, con un CAGR a 5 años del 9.8%.
Márgenes de los últimos 12 meses: margen bruto 44.1%, margen operativo 17.9%, margen neto 13.2%. El flujo de caja libre creció a un CAGR del 12.6% en 5 años.
Al precio actual de $20.74, ECBK cotiza a un P/E de 14.71 y un ROE del 6.55%. La capitalización bursátil es de $182M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $22.8M | $23.6M | $30.6M | $55.8M | $68.3M | $79.5M |
| Coste de Ventas | $5.9M | $4.0M | $8.5M | $30.8M | $42.2M | $47.8M |
| Beneficio Bruto | $16.8M | $19.6M | $22.1M | $25.0M | $26.0M | $31.7M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $7.0M | $10.8M | $11.3M | $13.8M | $15.2M | $2.0M |
| Gastos Operativos | $10.3M | $14.1M | $18.6M | $19.1M | $20.7M | $21.3M |
| Beneficio Operativo | $6.5M | $5.5M | $3.5M | $6.0M | $5.4M | $10.4M |
| EBITDA | $6.9M | $5.8M | $3.8M | $6.3M | $5.7M | $10.7M |
| Gastos por Intereses | $5.6M | $3.7M | $5.5M | $30.0M | $42.1M | $46.3M |
| Beneficio Antes de Impuestos | $6.5M | $5.5M | $3.5M | $6.0M | $5.4M | $10.4M |
| Impuestos | $1.7M | $1.4M | $776000 | $1.5M | $1.4M | $2.6M |
| Beneficio Neto | $4.9M | $4.0M | $2.7M | $4.5M | $4.0M | $7.8M |
| BPA | $0.40 | $0.33 | $0.32 | $0.53 | $0.48 | $0.96 |
| BPA Diluido | $0.40 | $0.33 | $0.32 | $0.52 | $0.48 | $0.94 |
| Acciones en Circulación (Diluidas) | $12.2M | $12.2M | $8.5M | $8.5M | $8.3M | $8.3M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $20.8M | $21.4M | $21.9M | $22.4M |
| Beneficio Bruto | $8.6M | $9.3M | $10.0M | $10.3M |
| Beneficio Operativo | $3.3M | $3.5M | $4.3M | $4.5M |
| EBITDA | $3.3M | $3.6M | $4.3M | $4.5M |
| Beneficio Neto | $2.4M | $2.6M | $3.1M | $3.3M |
| BPA | $0.30 | $0.32 | $0.39 | $0.41 |
| BPA Diluido | $0.29 | $0.31 | $0.38 | $0.39 |
Balance (10 años)
| Año | 2020 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $43.4M | $53.0M | $62.4M | $119.0M | $157.7M | $94.9M |
| Inversiones a Corto | $5.0M | $5.0M | $5.0M | $5.0M | $14.6M | $8.9M |
| Cuentas por Cobrar | $1.8M | $1.5M | $2.6M | $3.8M | $4.0M | $5.2M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $50.3M | $59.5M | $70.0M | $127.8M | $176.3M | $109.0M |
| Inmovilizado Material | $4.0M | $3.8M | $3.7M | $3.8M | $3.5M | $3.4M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $587.6M | $666.5M | $1.06B | $1.28B | $1.42B | $1.61B |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | 0 |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $491.4M | $571.8M | $718.1M | $868.2M | $998.5M | $1.13B |
| Deuda a Largo | $18.0M | $9.0M | $174.0M | $234.0M | $234.0M | $284.8M |
| Pasivos Totales | $514.6M | $589.2M | $901.7M | $1.12B | $1.25B | $1.43B |
| Reservas | $73.3M | $77.4M | $80.1M | $83.9M | $87.8M | $95.6M |
| Patrimonio Neto | $73.0M | $77.3M | $162.7M | $164.9M | $168.3M | $171.9M |
| Deuda Total | $18.0M | $9.0M | $174.0M | $234.0M | $234.0M | $284.8M |
| Deuda Neta | -$30.4M | -$49.0M | $106.6M | $110.0M | $61.7M | $181.0M |
| Capital Circulante | -$441.1M | -$512.3M | -$648.2M | -$740.4M | -$822.2M | -$1.02B |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $110.6M | $94.9M | $3.0M | $2.9M |
| Activos Totales | $1.55B | $1.61B | $1.65B | $1.67B |
| Pasivos Totales | $1.38B | $1.43B | $1.47B | $1.49B |
| Patrimonio Neto | $169.3M | $171.9M | $175.9M | $179.9M |
| Deuda Total | $259.8M | $284.8M | $260.8M | $285.0M |
Flujo de Caja (10 años)
| Año | 2020 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $4.9M | $4.0M | $2.7M | $4.5M | $4.0M | $7.8M |
| Amortizaciones | $350000 | $300000 | $302000 | $279000 | $302000 | $297000 |
| Compensación en Acciones | 0 | 0 | $559000 | $738000 | $1.9M | $1.8M |
| Cambio en Capital Circulante | $728000 | $1.4M | $1.1M | $310000 | $274000 | -$1.4M |
| Flujo de Caja Operativo | $5.1M | $6.4M | $7.8M | $6.4M | $6.3M | $9.2M |
| Inversiones (CapEx) | -$110000 | -$104000 | -$216000 | -$335000 | -$60000 | -$214000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$2.2M | -$2.7M | -$4.6M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $5.0M | $6.3M | $7.6M | $6.1M | $6.2M | $9.0M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $4.0M | $3.9M | $2.8M | $12.0M |
| Inversiones (CapEx) | -$71000 | -$75000 | -$4000 | -$213000 |
| Flujo de Caja Libre | $4.0M | $3.9M | $2.8M | $11.8M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $466000 | $469000 | $469000 | $179000 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +3.6% | +29.5% | +82.7% | +22.3% | +16.5% |
| Crecimiento Beneficio Neto (anual) | | -16.8% | -32.7% | +63.8% | -10.4% | +94.7% |
| Crecimiento BPA (anual) | | -17.5% | -3.0% | +65.6% | -9.4% | +100.0% |
| Cambio en Acciones (anual) | | +0.0% | -30.9% | +0.8% | -2.1% | -0.4% |
| Crecimiento FCF (anual) | | +27.7% | +19.1% | -19.3% | +2.3% | +44.4% |
| Margen Bruto | 74.0% | 82.9% | 72.3% | 44.9% | 38.1% | 39.9% |
| Margen Operativo | 28.7% | 23.2% | 11.4% | 10.7% | 7.9% | 13.1% |
| Margen EBITDA | 30.2% | 24.5% | 12.4% | 11.2% | 8.3% | 13.4% |
| Margen Neto | 21.3% | 17.1% | 8.9% | 8.0% | 5.8% | 9.8% |
| Margen FCF | 21.8% | 26.9% | 24.7% | 10.9% | 9.1% | 11.3% |
| Tasa Impositiva Efectiva | 25.6% | 26.1% | 22.2% | 25.5% | 25.7% | 25.1% |
Datos por Acción (10 años)
| Año | 2020 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.41 | $0.52 | $0.89 | $0.72 | $0.75 | $1.08 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $12.2M | $12.2M | $8.5M | $8.5M | $8.3M | $8.1M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 6.55% |
| Rentabilidad sobre capital invertido | -1.08% |
| Rentabilidad sobre activos | 0.68% |
| Margen bruto | 44.11% |
| Margen operativo | 17.88% |
| Margen neto | 13.19% |
Salud financiera
| Deuda / Patrimonio | 1.58 |
| Ratio corriente | 0.11 |
| Piotroski F-Score | 7 |
| Altman Z-Score | -0.55 |
Ratios Clave (10 años)
| Año | 2020 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 35.23 | 42.70 | 50.16 | 23.70 | 30.92 | 18.11 |
| P/VC | 2.36 | 2.23 | 0.83 | 0.64 | 0.73 | 0.82 |
| P/V | 7.57 | 7.30 | 4.44 | 1.90 | 1.79 | 1.77 |
| Margen Bruto | 74.0% | 82.9% | 72.3% | 44.9% | 38.1% | 39.9% |
| Margen Operativo | 28.7% | 23.2% | 11.4% | 10.7% | 7.9% | 13.1% |
| Margen Neto | 21.3% | 17.1% | 8.9% | 8.0% | 5.8% | 9.8% |