First Investment Bank AD Past Earnings Performance
Past criteria checks 4/6
First Investment Bank AD's earnings have been declining at an average annual rate of -4.2%, while the Banks industry saw earnings growing at 11.9% annually. Revenues have been declining at an average rate of 1.4% per year. First Investment Bank AD's return on equity is 10.1%, and it has net margins of 37.6%.
Key information
-4.2%
Earnings growth rate
-14.4%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | -1.4% |
| Return on equity | 10.1% |
| Net Margin | 37.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How First Investment Bank AD 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 |
|---|---|---|---|---|
| 31 Dec 23 | 420 | 158 | 238 | 0 |
| 30 Sep 23 | 429 | 183 | 227 | 0 |
| 30 Jun 23 | 388 | 147 | 223 | 0 |
| 31 Mar 23 | 358 | 119 | 221 | 0 |
| 31 Dec 22 | 332 | 97 | 218 | 0 |
| 30 Sep 22 | 332 | 109 | 215 | 0 |
| 30 Jun 22 | 330 | 114 | 208 | 0 |
| 31 Mar 22 | 318 | 111 | 200 | 0 |
| 31 Dec 21 | 309 | 111 | 192 | 0 |
| 30 Sep 21 | 278 | 59 | 187 | 0 |
| 30 Jun 21 | 272 | 52 | 187 | 0 |
| 31 Mar 21 | 271 | 49 | 188 | 0 |
| 31 Dec 20 | 275 | 45 | 194 | 0 |
| 30 Sep 20 | 423 | 112 | 203 | 0 |
| 30 Jun 20 | 305 | 66 | 210 | 0 |
| 31 Mar 20 | 386 | 130 | 219 | 0 |
| 31 Dec 19 | 396 | 138 | 220 | 0 |
| 30 Sep 19 | 355 | 174 | 224 | 0 |
| 30 Jun 19 | 478 | 220 | 223 | 0 |
| 31 Mar 19 | 401 | 168 | 217 | 0 |
| 31 Dec 18 | 389 | 171 | 212 | 0 |
| 30 Sep 18 | 326 | 96 | 184 | 0 |
| 30 Jun 18 | 327 | 98 | 189 | 0 |
| 31 Mar 18 | 331 | 95 | 206 | 0 |
| 31 Dec 17 | 338 | 92 | 205 | 0 |
| 30 Sep 17 | 343 | 104 | 266 | 0 |
| 30 Jun 17 | 267 | 46 | 240 | 0 |
| 31 Mar 17 | 318 | 95 | 196 | 0 |
| 31 Dec 16 | 319 | 99 | 192 | 0 |
| 30 Sep 16 | 143 | 62 | 147 | 0 |
| 30 Jun 16 | 192 | 105 | 157 | 0 |
| 31 Mar 16 | 121 | 40 | 180 | 0 |
| 31 Dec 15 | 95 | 18 | 181 | 0 |
| 30 Sep 15 | 246 | 20 | 182 | 0 |
| 30 Jun 15 | 243 | 17 | 182 | 0 |
| 31 Mar 15 | 261 | 31 | 187 | 0 |
| 31 Dec 14 | 266 | 31 | 191 | 0 |
| 30 Sep 14 | 250 | 184 | 193 | 0 |
| 30 Jun 14 | 245 | 184 | 186 | 0 |
| 31 Mar 14 | 230 | 180 | 176 | 0 |
| 31 Dec 13 | 214 | 185 | 156 | 0 |
| 30 Sep 13 | 203 | 35 | 150 | 0 |
| 30 Jun 13 | 208 | 39 | 152 | 0 |
Quality Earnings: FIB has high quality earnings.
Growing Profit Margin: FIB's current net profit margins (37.6%) are higher than last year (29.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FIB's earnings have declined by 4.2% per year over the past 5 years.
Accelerating Growth: FIB's earnings growth over the past year (62.4%) exceeds its 5-year average (-4.2% per year).
Earnings vs Industry: FIB earnings growth over the past year (62.4%) exceeded the Banks industry 27.5%.
Return on Equity
High ROE: FIB's Return on Equity (10.1%) is considered low.