National Bank of Ras Al-Khaimah (P.S.C.) Past Earnings Performance
Past criteria checks 5/6
National Bank of Ras Al-Khaimah (P.S.C.) has been growing earnings at an average annual rate of 22.8%, while the Banks industry saw earnings growing at 25.7% annually. Revenues have been growing at an average rate of 11.3% per year. National Bank of Ras Al-Khaimah (P.S.C.)'s return on equity is 18.3%, and it has net margins of 54.3%.
Key information
22.8%
Earnings growth rate
22.8%
EPS growth rate
| Banks Industry Growth | 12.3% |
| Revenue growth rate | 11.3% |
| Return on equity | 18.3% |
| Net Margin | 54.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today
Aug 28
Does National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Deserve A Spot On Your Watchlist?
Nov 27Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?
Aug 01National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Dividend Will Be Increased To د.إ0.23
Feb 17National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Is Increasing Its Dividend To د.إ0.23
Feb 03If You Had Bought National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Shares Five Years Ago You'd Have A Total Return Of Negative 3.5%
Mar 01Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) A Good Dividend Stock?
Jan 17
Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Popular Amongst Insiders?
Dec 12Revenue & Expenses Breakdown
How National Bank of Ras Al-Khaimah (P.S.C.) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,902 | 2,119 | 1,513 | 0 |
| 30 Jun 24 | 3,714 | 1,972 | 1,509 | 0 |
| 31 Mar 24 | 3,591 | 1,906 | 1,480 | 0 |
| 31 Dec 23 | 3,399 | 1,784 | 1,452 | 0 |
| 30 Sep 23 | 3,150 | 1,638 | 1,377 | 0 |
| 30 Jun 23 | 2,999 | 1,540 | 1,335 | 0 |
| 31 Mar 23 | 2,831 | 1,401 | 1,317 | 0 |
| 31 Dec 22 | 2,598 | 1,170 | 1,319 | 0 |
| 30 Sep 22 | 2,586 | 1,108 | 1,370 | 0 |
| 30 Jun 22 | 2,442 | 983 | 1,355 | 0 |
| 31 Mar 22 | 2,302 | 864 | 1,339 | 0 |
| 31 Dec 21 | 2,154 | 756 | 1,309 | 0 |
| 30 Sep 21 | 1,990 | 600 | 1,329 | 0 |
| 30 Jun 21 | 1,867 | 503 | 1,325 | 0 |
| 31 Mar 21 | 1,824 | 464 | 1,340 | 0 |
| 31 Dec 20 | 1,901 | 504 | 1,395 | 0 |
| 30 Sep 20 | 2,122 | 692 | 1,427 | 0 |
| 30 Jun 20 | 2,343 | 846 | 1,496 | 0 |
| 31 Mar 20 | 2,532 | 978 | 1,553 | 0 |
| 31 Dec 19 | 2,666 | 1,095 | 1,570 | 0 |
| 30 Sep 19 | 2,635 | 1,083 | 1,641 | 0 |
| 30 Jun 19 | 2,567 | 1,037 | 1,589 | 0 |
| 31 Mar 19 | 2,502 | 978 | 1,551 | 0 |
| 31 Dec 18 | 2,406 | 913 | 1,488 | 0 |
| 30 Sep 18 | 2,353 | 867 | 1,357 | 0 |
| 30 Jun 18 | 2,334 | 851 | 1,354 | 0 |
| 31 Mar 18 | 2,309 | 850 | 1,336 | 0 |
| 31 Dec 17 | 2,257 | 800 | 1,342 | 0 |
| 30 Sep 17 | 2,150 | 710 | 1,323 | 0 |
| 30 Jun 17 | 1,997 | 594 | 1,295 | 0 |
| 31 Mar 17 | 1,946 | 565 | 1,282 | 0 |
| 31 Dec 16 | 2,032 | 660 | 1,277 | 0 |
| 30 Sep 16 | 2,215 | 866 | 1,268 | 0 |
| 30 Jun 16 | 2,537 | 1,129 | 1,324 | 0 |
| 31 Mar 16 | 2,736 | 1,287 | 1,361 | 0 |
| 31 Dec 15 | 2,884 | 1,400 | 1,398 | 0 |
| 30 Sep 15 | 2,998 | 1,468 | 1,457 | 0 |
| 30 Jun 15 | 2,998 | 1,470 | 1,454 | 0 |
| 31 Mar 15 | 3,005 | 1,482 | 1,448 | 0 |
| 31 Dec 14 | 2,960 | 1,455 | 1,425 | 0 |
| 30 Sep 14 | 2,859 | 1,367 | 1,404 | 0 |
| 30 Jun 14 | 2,826 | 1,371 | 1,947 | 0 |
| 31 Mar 14 | 2,813 | 1,397 | 1,619 | 0 |
| 31 Dec 13 | 2,810 | 1,431 | 1,312 | 0 |
Quality Earnings: RAKBANK has high quality earnings.
Growing Profit Margin: RAKBANK's current net profit margins (54.3%) are higher than last year (52%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RAKBANK's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: RAKBANK's earnings growth over the past year (29.4%) exceeds its 5-year average (22.8% per year).
Earnings vs Industry: RAKBANK earnings growth over the past year (29.4%) exceeded the Banks industry 23.5%.
Return on Equity
High ROE: RAKBANK's Return on Equity (18.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The National Bank of Ras Al-Khaimah (P.S.C.) is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| Ryan Ayache | Deutsche Bank |
| Elena Sanchez-Cabezudo | EFG-Hermes Research |