Filing Flows › ECB Bancorp (ECBK) › Q1 2025
ECB Bancorp (ECBK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
ECB Bancorp (ECBK) reported revenue of $6.9M for the first quarter 2025 (Q1 2025), +11% from a year earlier and -3% from the quarter before. Operating margin was 24.9%, net earnings $1.3M (18.7% of revenue).
ECB Bancorp, Q1 2025: revenue $6.9M (+11% year over year), operating margin 24.9%, net earnings $1.3M, operating cash flow −$631K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.9M | -3% | +11% |
| Operating profit | $1.7M | -11% | +107% |
| Net earnings | $1.3M | -10% | +109% |
| Operating cash flow | −$631K | — | — |
What changed
Revenue was $6.9M in Q1 2025, up 11% year over year and down 3% from the previous quarter.
Operating profit was $1.7M, a 24.9% margin (up 11.5 points year over year). Of the extra revenue versus a year earlier, 125% reached operating profit, above the 13% margin then. Total costs fell 3% while revenue rose 11%. Net earnings were $1.3M, up 109% year over year. The effective tax rate was 24.6%.
Operating cash flow was −$631K. Non-cash charges added back $75K of depreciation and amortization and $131K of share-based compensation. Working capital and other items used $2.1M. Capital expenditures of $18K exceeded it, leaving free cash flow of −$649K.
Questions
What was ECB Bancorp's revenue in the first quarter 2025?
ECB Bancorp (ECBK) reported revenue of $6.9M for the first quarter 2025 (Q1 2025), +11% from a year earlier and -3% from the quarter before.
Was ECB Bancorp profitable in the first quarter 2025?
Operating profit was $1.7M (24.9% of revenue) and net earnings $1.3M.
Source: ECB Bancorp 10-Q on SEC EDGAR.