Al Salam Bank B.S.C Past Earnings Performance
Past criteria checks 3/6
Al Salam Bank B.S.C has been growing earnings at an average annual rate of 28.1%, while the Banks industry saw earnings growing at 24.8% annually. Revenues have been growing at an average rate of 31.9% per year. Al Salam Bank B.S.C's return on equity is 12.3%, and it has net margins of 28.5%.
Key information
28.1%
Earnings growth rate
28.2%
EPS growth rate
| Banks Industry Growth | -0.2% |
| Revenue growth rate | 31.9% |
| Return on equity | 12.3% |
| Net Margin | 28.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Al Salam Bank B.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 | 188 | 54 | 49 | 0 |
| 30 Jun 24 | 161 | 50 | 45 | 0 |
| 31 Mar 24 | 128 | 46 | 42 | 0 |
| 31 Dec 23 | 107 | 42 | 40 | 0 |
| 30 Sep 23 | 193 | 42 | 33 | 0 |
| 30 Jun 23 | 154 | 39 | 32 | 0 |
| 31 Mar 23 | 114 | 35 | 29 | 0 |
| 31 Dec 22 | 84 | 32 | 28 | 0 |
| 30 Sep 22 | 65 | 25 | 23 | 0 |
| 30 Jun 22 | 57 | 24 | 21 | 0 |
| 31 Mar 22 | 54 | 22 | 20 | 0 |
| 31 Dec 21 | 54 | 21 | 20 | 0 |
| 30 Sep 21 | 52 | 17 | 20 | 0 |
| 30 Jun 21 | 46 | 13 | 20 | 0 |
| 31 Mar 21 | 45 | 13 | 19 | 0 |
| 31 Dec 20 | 41 | 9 | 19 | 0 |
| 30 Sep 20 | 44 | 12 | 20 | 0 |
| 30 Jun 20 | 48 | 16 | 20 | 0 |
| 31 Mar 20 | 50 | 18 | 20 | 0 |
| 31 Dec 19 | 52 | 21 | 19 | 0 |
| 30 Sep 19 | 54 | 22 | 18 | 0 |
| 30 Jun 19 | 51 | 21 | 16 | 0 |
| 31 Mar 19 | 47 | 19 | 16 | 0 |
| 31 Dec 18 | 47 | 18 | 15 | 0 |
| 30 Sep 18 | 42 | 18 | 14 | 0 |
| 30 Jun 18 | 43 | 18 | 15 | 0 |
| 31 Mar 18 | 43 | 19 | 15 | 0 |
| 31 Dec 17 | 42 | 18 | 15 | 0 |
| 30 Sep 17 | 41 | 17 | 15 | 0 |
| 30 Jun 17 | 41 | 17 | 15 | 0 |
| 31 Mar 17 | 41 | 16 | 16 | 0 |
| 31 Dec 16 | 41 | 16 | 17 | 0 |
| 30 Sep 16 | 34 | 12 | 17 | 0 |
| 30 Jun 16 | 35 | 12 | 18 | 0 |
| 31 Mar 16 | 36 | 13 | 17 | 0 |
| 31 Dec 15 | 36 | 12 | 17 | 0 |
| 30 Sep 15 | 43 | 17 | 18 | 0 |
| 30 Jun 15 | 44 | 16 | 19 | 0 |
| 31 Mar 15 | 45 | 15 | 20 | 0 |
| 31 Dec 14 | 42 | 16 | 18 | 0 |
| 30 Sep 14 | 38 | 16 | 16 | 0 |
| 30 Jun 14 | 31 | 15 | 12 | 0 |
| 31 Mar 14 | 24 | 13 | 8 | 0 |
| 31 Dec 13 | 23 | 12 | 8 | 0 |
Quality Earnings: SALAM has a large one-off gain of BHD15.3M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SALAM's current net profit margins (28.5%) are higher than last year (21.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SALAM's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: SALAM's earnings growth over the past year (26.6%) is below its 5-year average (28.1% per year).
Earnings vs Industry: SALAM earnings growth over the past year (26.6%) exceeded the Banks industry 2.7%.
Return on Equity
High ROE: SALAM's Return on Equity (12.3%) is considered low.