Banestes - Banco do Estado do Espírito Santo Past Earnings Performance
Past criteria checks 2/6
Banestes - Banco do Estado do Espírito Santo has been growing earnings at an average annual rate of 12.1%, while the Banks industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 5.1% per year. Banestes - Banco do Estado do Espírito Santo's return on equity is 15.3%, and it has net margins of 22%.
Key information
12.1%
Earnings growth rate
12.1%
EPS growth rate
| Banks Industry Growth | 8.7% |
| Revenue growth rate | 5.1% |
| Return on equity | 15.3% |
| Net Margin | 22.0% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Banestes - Banco do Estado do Espírito Santo 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 | 1,475 | 324 | 826 | 0 |
| 30 Sep 23 | 1,472 | 338 | 804 | 0 |
| 30 Jun 23 | 1,421 | 322 | 786 | 0 |
| 31 Mar 23 | 1,402 | 313 | 785 | 0 |
| 31 Dec 22 | 1,451 | 345 | 761 | 0 |
| 30 Sep 22 | 1,315 | 320 | 688 | 0 |
| 30 Jun 22 | 1,381 | 331 | 709 | 0 |
| 31 Mar 22 | 1,226 | 257 | 676 | 0 |
| 31 Dec 21 | 1,155 | 231 | 652 | 0 |
| 30 Sep 21 | 1,130 | 226 | 635 | 0 |
| 30 Jun 21 | 1,016 | 189 | 597 | 0 |
| 31 Mar 21 | 1,043 | 191 | 597 | 0 |
| 31 Dec 20 | 1,143 | 222 | 636 | 0 |
| 30 Sep 20 | 1,225 | 216 | 692 | 0 |
| 30 Jun 20 | 1,230 | 229 | 697 | 0 |
| 31 Mar 20 | 1,233 | 233 | 703 | 0 |
| 31 Dec 19 | 1,175 | 214 | 685 | 0 |
| 30 Sep 19 | 1,158 | 212 | 673 | 0 |
| 30 Jun 19 | 1,169 | 209 | 671 | 0 |
| 31 Mar 19 | 1,191 | 221 | 669 | 0 |
| 31 Dec 18 | 1,152 | 181 | 656 | 0 |
| 30 Sep 18 | 1,165 | 187 | 651 | 0 |
| 30 Jun 18 | 1,118 | 172 | 654 | 0 |
| 31 Mar 18 | 1,097 | 160 | 646 | 0 |
| 31 Dec 17 | 1,072 | 175 | 653 | 0 |
| 30 Sep 17 | 1,028 | 167 | 653 | 0 |
| 30 Jun 17 | 1,015 | 161 | 640 | 0 |
| 31 Mar 17 | 980 | 161 | 639 | 0 |
| 31 Dec 16 | 978 | 161 | 631 | 0 |
| 30 Sep 16 | 952 | 147 | 603 | 0 |
| 30 Jun 16 | 902 | 153 | 593 | 0 |
| 31 Mar 16 | 901 | 150 | 582 | 0 |
| 31 Dec 15 | 894 | 151 | 567 | 0 |
| 30 Sep 15 | 879 | 154 | 557 | 0 |
| 30 Jun 15 | 902 | 148 | 549 | 0 |
| 31 Mar 15 | 865 | 142 | 526 | 0 |
| 31 Dec 14 | 837 | 134 | 515 | 0 |
| 30 Sep 14 | 815 | 134 | 501 | 0 |
| 30 Jun 14 | 783 | 128 | 483 | 0 |
| 31 Mar 14 | 747 | 110 | 478 | 0 |
| 31 Dec 13 | 726 | 110 | 472 | 0 |
| 30 Sep 13 | 726 | 103 | 463 | 0 |
| 30 Jun 13 | 735 | 107 | 465 | 0 |
Quality Earnings: BEES3 has high quality earnings.
Growing Profit Margin: BEES3's current net profit margins (22%) are lower than last year (23.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BEES3's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: BEES3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BEES3 had negative earnings growth (-6%) over the past year, making it difficult to compare to the Banks industry average (-1.5%).
Return on Equity
High ROE: BEES3's Return on Equity (15.3%) is considered low.