Banco do Estado do Rio Grande do Sul Past Earnings Performance
Past criteria checks 3/6
Banco do Estado do Rio Grande do Sul's earnings have been declining at an average annual rate of -5%, while the Banks industry saw earnings growing at 9.5% annually. Revenues have been declining at an average rate of 2% per year. Banco do Estado do Rio Grande do Sul's return on equity is 10%, and it has net margins of 14.5%.
Key information
-5.0%
Earnings growth rate
-5.0%
EPS growth rate
| Banks Industry Growth | 8.7% |
| Revenue growth rate | -2.0% |
| Return on equity | 10.0% |
| Net Margin | 14.5% |
| Next Earnings Update | 12 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Banco do Estado do Rio Grande do Sul 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 Jun 24 | 6,939 | 1,007 | 4,122 | 0 |
| 31 Mar 24 | 6,609 | 1,003 | 4,070 | 0 |
| 31 Dec 23 | 6,355 | 1,011 | 4,022 | 0 |
| 30 Sep 23 | 6,070 | 904 | 4,107 | 0 |
| 30 Jun 23 | 5,885 | 789 | 4,043 | 0 |
| 31 Mar 23 | 5,884 | 915 | 3,822 | 0 |
| 31 Dec 22 | 5,732 | 842 | 3,730 | 0 |
| 30 Sep 22 | 5,765 | 888 | 3,659 | 0 |
| 30 Jun 22 | 5,863 | 1,015 | 3,592 | 0 |
| 31 Mar 22 | 5,531 | 924 | 3,453 | 0 |
| 31 Dec 21 | 5,974 | 1,084 | 3,457 | 0 |
| 30 Sep 21 | 6,161 | 997 | 3,468 | 0 |
| 30 Jun 21 | 6,267 | 911 | 3,503 | 0 |
| 31 Mar 21 | 6,310 | 749 | 3,597 | 0 |
| 31 Dec 20 | 6,220 | 727 | 3,651 | 0 |
| 30 Sep 20 | 6,282 | 892 | 3,722 | 0 |
| 30 Jun 20 | 6,457 | 1,066 | 3,770 | 0 |
| 31 Mar 20 | 6,970 | 1,282 | 3,841 | 0 |
| 31 Dec 19 | 7,056 | 1,344 | 3,872 | 0 |
| 30 Sep 19 | 6,915 | 1,200 | 3,886 | 0 |
| 30 Jun 19 | 6,865 | 1,198 | 3,903 | 0 |
| 31 Mar 19 | 6,544 | 1,125 | 3,898 | 0 |
| 31 Dec 18 | 6,408 | 1,049 | 3,874 | 0 |
| 30 Sep 18 | 6,342 | 1,313 | 3,815 | 0 |
| 30 Jun 18 | 6,025 | 1,243 | 3,628 | 0 |
| 31 Mar 18 | 5,842 | 1,168 | 3,619 | 0 |
| 31 Dec 17 | 5,590 | 1,053 | 3,698 | 0 |
| 30 Sep 17 | 5,359 | 702 | 3,712 | 0 |
| 30 Jun 17 | 5,208 | 586 | 3,810 | 0 |
| 31 Mar 17 | 5,229 | 600 | 3,747 | 0 |
| 31 Dec 16 | 5,202 | 660 | 3,510 | 0 |
| 30 Sep 16 | 5,006 | 644 | 3,353 | 0 |
| 30 Jun 16 | 4,841 | 898 | 3,298 | 0 |
| 31 Mar 16 | 4,586 | 890 | 3,194 | 0 |
| 31 Dec 15 | 4,315 | 849 | 3,142 | 0 |
| 30 Sep 15 | 4,250 | 947 | 3,009 | 0 |
| 30 Jun 15 | 4,292 | 803 | 2,817 | 0 |
| 31 Mar 15 | 4,247 | 761 | 2,884 | 0 |
| 31 Dec 14 | 4,216 | 691 | 2,796 | 0 |
| 30 Sep 14 | 4,143 | 632 | 2,803 | 0 |
| 30 Jun 14 | 4,084 | 600 | 2,818 | 0 |
| 31 Mar 14 | 4,009 | 665 | 2,576 | 0 |
| 31 Dec 13 | 3,995 | 792 | 2,476 | 0 |
Quality Earnings: BRSR5 has a large one-off loss of R$521.6M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: BRSR5's current net profit margins (14.5%) are higher than last year (13.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BRSR5's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: BRSR5's earnings growth over the past year (27.6%) exceeds its 5-year average (-5% per year).
Earnings vs Industry: BRSR5 earnings growth over the past year (27.6%) exceeded the Banks industry 15.5%.
Return on Equity
High ROE: BRSR5's Return on Equity (10%) is considered low.