Trust Bank Past Earnings Performance
Past criteria checks 3/6
Trust Bank has been growing earnings at an average annual rate of 8.9%, while the Banks industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 11.3% per year. Trust Bank's return on equity is 12.4%, and it has net margins of 21.2%.
Key information
8.9%
Earnings growth rate
8.9%
EPS growth rate
| Banks Industry Growth | 8.5% |
| Revenue growth rate | 11.3% |
| Return on equity | 12.4% |
| Net Margin | 21.2% |
| Next Earnings Update | 27 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Trust 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 | 12,882 | 2,725 | 4,780 | 0 |
| 30 Jun 23 | 12,137 | 2,626 | 4,740 | 0 |
| 31 Mar 23 | 12,209 | 2,268 | 4,658 | 0 |
| 31 Dec 22 | 13,068 | 2,921 | 4,549 | 0 |
| 30 Sep 22 | 12,884 | 2,677 | 4,508 | 0 |
| 30 Jun 22 | 13,232 | 2,840 | 4,355 | 0 |
| 31 Mar 22 | 12,686 | 2,988 | 4,087 | 0 |
| 31 Dec 21 | 11,957 | 2,740 | 3,973 | 0 |
| 30 Sep 21 | 10,501 | 2,007 | 3,666 | 0 |
| 30 Jun 21 | 9,949 | 2,088 | 3,497 | 0 |
| 31 Mar 21 | 9,243 | 1,870 | 3,538 | 0 |
| 31 Dec 20 | 8,956 | 1,802 | 3,483 | 0 |
| 30 Sep 20 | 10,086 | 3,008 | 3,376 | 0 |
| 30 Jun 20 | 9,231 | 2,236 | 3,350 | 0 |
| 31 Mar 20 | 9,200 | 2,201 | 3,283 | 0 |
| 31 Dec 19 | 8,766 | 2,037 | 3,269 | 0 |
| 30 Sep 19 | 8,974 | 2,522 | 3,111 | 0 |
| 30 Jun 19 | 8,847 | 2,349 | 3,152 | 0 |
| 31 Mar 19 | 8,092 | 1,825 | 3,146 | 0 |
| 31 Dec 18 | 8,109 | 1,864 | 3,117 | 0 |
| 30 Sep 18 | 7,187 | 990 | 3,234 | 0 |
| 30 Jun 18 | 7,267 | 1,174 | 3,168 | 0 |
| 31 Mar 18 | 8,040 | 1,627 | 3,108 | 0 |
| 31 Dec 17 | 8,041 | 1,751 | 3,080 | 0 |
| 30 Sep 17 | 8,273 | 2,168 | 3,227 | 0 |
| 30 Jun 17 | 7,913 | 2,095 | 3,203 | 0 |
| 31 Mar 17 | 7,497 | 2,085 | 3,199 | 0 |
| 31 Dec 16 | 7,409 | 2,016 | 3,162 | 0 |
| 30 Sep 16 | 7,437 | 1,723 | 3,317 | 0 |
| 30 Jun 16 | 7,339 | 1,642 | 3,352 | 0 |
| 31 Mar 16 | 7,194 | 1,558 | 3,214 | 0 |
| 31 Dec 15 | 6,999 | 1,541 | 3,100 | 0 |
| 30 Sep 15 | 6,959 | 1,784 | 2,746 | 0 |
| 30 Jun 15 | 6,871 | 1,909 | 2,545 | 0 |
| 31 Mar 15 | 6,250 | 1,550 | 2,367 | 0 |
| 31 Dec 14 | 5,723 | 1,298 | 2,224 | 0 |
| 30 Sep 14 | 4,958 | 841 | 2,127 | 0 |
| 30 Jun 14 | 4,069 | 343 | 1,955 | 0 |
| 31 Mar 14 | 3,938 | 447 | 1,860 | 0 |
| 31 Dec 13 | 3,503 | 322 | 1,788 | 0 |
| 30 Sep 13 | 2,608 | -257 | 1,662 | 0 |
| 30 Jun 13 | 2,833 | 70 | 1,618 | 0 |
Quality Earnings: TRUSTBANK has high quality earnings.
Growing Profit Margin: TRUSTBANK's current net profit margins (21.2%) are higher than last year (20.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TRUSTBANK's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: TRUSTBANK's earnings growth over the past year (1.8%) is below its 5-year average (8.9% per year).
Earnings vs Industry: TRUSTBANK earnings growth over the past year (1.8%) did not outperform the Banks industry 14%.
Return on Equity
High ROE: TRUSTBANK's Return on Equity (12.4%) is considered low.