Banco BMG Past Earnings Performance
Past criteria checks 3/6
Banco BMG's earnings have been declining at an average annual rate of -20.1%, while the Banks industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 2.8% per year. Banco BMG's return on equity is 6.9%, and it has net margins of 12.8%.
Key information
-20.1%
Earnings growth rate
-23.1%
EPS growth rate
| Banks Industry Growth | 8.7% |
| Revenue growth rate | 2.8% |
| Return on equity | 6.9% |
| Net Margin | 12.8% |
| Next Earnings Update | 15 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Banco BMG 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 | 2,087 | 268 | 1,703 | 0 |
| 30 Sep 23 | 2,107 | 220 | 1,715 | 0 |
| 30 Jun 23 | 2,034 | 129 | 1,706 | 0 |
| 31 Mar 23 | 2,100 | 92 | 1,655 | 0 |
| 31 Dec 22 | 2,018 | 60 | 1,593 | 0 |
| 30 Sep 22 | 1,875 | 4 | 1,542 | 0 |
| 30 Jun 22 | 1,940 | 34 | 1,493 | 0 |
| 31 Mar 22 | 2,086 | 123 | 1,441 | 0 |
| 31 Dec 21 | 2,121 | 170 | 1,398 | 0 |
| 30 Sep 21 | 2,297 | 247 | 1,399 | 0 |
| 30 Jun 21 | 2,306 | 314 | 1,304 | 0 |
| 31 Mar 21 | 2,347 | 307 | 1,322 | 0 |
| 31 Dec 20 | 2,331 | 329 | 1,299 | 0 |
| 30 Sep 20 | 2,290 | 412 | 1,275 | 0 |
| 30 Jun 20 | 2,262 | 406 | 1,269 | 0 |
| 31 Mar 20 | 2,043 | 386 | 1,143 | 0 |
| 31 Dec 19 | 1,970 | 387 | 1,068 | 0 |
| 30 Sep 19 | 1,840 | 286 | 960 | 0 |
| 30 Jun 19 | 1,751 | 281 | 893 | 0 |
| 31 Mar 19 | 1,621 | 265 | 809 | 0 |
| 31 Dec 18 | 1,532 | 219 | 776 | 0 |
| 30 Sep 18 | 1,225 | 154 | 624 | 0 |
| 30 Jun 18 | 1,138 | 73 | 644 | 0 |
| 31 Mar 18 | 1,077 | 38 | 682 | 0 |
| 31 Dec 17 | 920 | 12 | 679 | 0 |
| 30 Sep 17 | 885 | 43 | 870 | 0 |
| 30 Jun 17 | 642 | 42 | 845 | 0 |
| 31 Mar 17 | 286 | 53 | 831 | 0 |
| 31 Dec 16 | 270 | 51 | 841 | 0 |
| 30 Sep 16 | 187 | 39 | 822 | 0 |
| 30 Jun 16 | 237 | 36 | 781 | 0 |
| 31 Mar 16 | 433 | 39 | 733 | 0 |
| 31 Dec 15 | 409 | 77 | 702 | 0 |
| 30 Sep 15 | 728 | 137 | 697 | 0 |
| 30 Jun 15 | 971 | 231 | 736 | 0 |
| 31 Mar 15 | 1,264 | 301 | 835 | 0 |
| 31 Dec 14 | 1,487 | 309 | 872 | 0 |
| 30 Sep 14 | 1,818 | 558 | 900 | 0 |
| 30 Jun 14 | 1,801 | 535 | 803 | 0 |
| 31 Mar 14 | 2,022 | 661 | 805 | 0 |
| 31 Dec 13 | 2,080 | 734 | 806 | 0 |
| 30 Sep 13 | 1,399 | 355 | 848 | 0 |
| 30 Jun 13 | 1,068 | 135 | 868 | 0 |
Quality Earnings: BMGB4 has a large one-off loss of R$444.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BMGB4's current net profit margins (12.8%) are higher than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BMGB4's earnings have declined by 20.1% per year over the past 5 years.
Accelerating Growth: BMGB4's earnings growth over the past year (344%) exceeds its 5-year average (-20.1% per year).
Earnings vs Industry: BMGB4 earnings growth over the past year (344%) exceeded the Banks industry -1.5%.
Return on Equity
High ROE: BMGB4's Return on Equity (6.9%) is considered low.