SBAC Bank Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 2/6
SBAC Bank's earnings have been declining at an average annual rate of -15.2%, while the Banks industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 1.5% per year. SBAC Bank's return on equity is 4.4%, and it has net margins of 12.4%.
Key information
-15.2%
Earnings growth rate
-20.6%
EPS growth rate
| Banks Industry Growth | 8.5% |
| Revenue growth rate | 1.5% |
| Return on equity | 4.4% |
| Net Margin | 12.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SBAC Bank 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 23 | 3,969 | 493 | 2,442 | 0 |
| 30 Jun 23 | 4,041 | 665 | 2,364 | 0 |
| 31 Mar 23 | 3,753 | 547 | 2,284 | 0 |
| 31 Dec 22 | 3,671 | 590 | 2,206 | 0 |
| 30 Sep 22 | 3,560 | 486 | 2,153 | 0 |
| 30 Jun 22 | 4,060 | 582 | 2,033 | 0 |
| 31 Mar 22 | 3,413 | 634 | 1,941 | 0 |
| 31 Dec 21 | 3,344 | 540 | 1,884 | 0 |
| 30 Sep 21 | 3,704 | 950 | 1,718 | 0 |
| 30 Jun 21 | 3,252 | 853 | 1,711 | 0 |
| 31 Mar 21 | 3,439 | 816 | 1,692 | 0 |
| 31 Dec 20 | 3,535 | 952 | 1,676 | 0 |
| 30 Sep 20 | 3,785 | 944 | 1,745 | 0 |
| 31 Dec 19 | 3,850 | 968 | 1,673 | 0 |
| 31 Dec 18 | 3,616 | 880 | 1,529 | 0 |
| 31 Dec 17 | 3,180 | 982 | 1,337 | 0 |
| 31 Dec 16 | 2,893 | 949 | 1,054 | 0 |
| 31 Dec 15 | 1,753 | 358 | 859 | 0 |
Quality Earnings: SBACBANK has high quality earnings.
Growing Profit Margin: SBACBANK's current net profit margins (12.4%) are lower than last year (13.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SBACBANK's earnings have declined by 15.2% per year over the past 5 years.
Accelerating Growth: SBACBANK's earnings growth over the past year (1.4%) exceeds its 5-year average (-15.2% per year).
Earnings vs Industry: SBACBANK earnings growth over the past year (1.4%) did not outperform the Banks industry 17.4%.
Return on Equity
High ROE: SBACBANK's Return on Equity (4.4%) is considered low.