Ecobank Côte d'Ivoire Past Earnings Performance
Past criteria checks 6/6
Ecobank Côte d'Ivoire has been growing earnings at an average annual rate of 18.3%, while the Banks industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 9.1% per year. Ecobank Côte d'Ivoire's return on equity is 34.1%, and it has net margins of 48.1%.
Key information
18.3%
Earnings growth rate
n/a
EPS growth rate
| Banks Industry Growth | 15.9% |
| Revenue growth rate | 9.1% |
| Return on equity | 34.1% |
| Net Margin | 48.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ecobank Côte d'Ivoire 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 23 | 109,069 | 52,508 | 45,005 | 0 |
| 30 Jun 23 | 105,178 | 50,794 | 46,619 | 0 |
| 31 Mar 23 | 100,106 | 47,615 | 45,005 | 0 |
| 31 Dec 22 | 94,546 | 44,598 | 45,005 | 0 |
| 30 Sep 22 | 84,112 | 38,301 | 42,646 | 0 |
| 30 Jun 22 | 84,413 | 39,484 | 42,646 | 0 |
| 31 Mar 22 | 78,268 | 34,316 | 42,646 | 0 |
| 31 Dec 21 | 78,266 | 34,304 | 42,646 | 0 |
| 30 Sep 21 | 76,577 | 31,551 | 43,604 | 0 |
| 30 Jun 21 | 78,481 | 32,269 | 43,604 | 0 |
| 31 Mar 21 | 77,164 | 33,437 | 43,604 | 0 |
| 31 Dec 20 | 76,015 | 30,018 | 43,604 | 0 |
| 30 Sep 20 | 73,034 | 30,235 | 44,057 | 0 |
| 30 Jun 20 | 69,776 | 24,968 | 44,057 | 0 |
| 31 Mar 20 | 71,624 | 24,039 | 44,057 | 0 |
| 31 Dec 19 | 72,105 | 25,365 | 44,057 | 0 |
| 30 Sep 19 | 71,439 | 26,493 | 45,903 | 0 |
| 30 Jun 19 | 65,180 | 21,803 | 45,903 | 0 |
| 31 Mar 19 | 67,751 | 22,126 | 45,903 | 0 |
| 31 Dec 18 | 67,449 | 20,707 | 45,903 | 0 |
| 30 Sep 18 | 69,830 | 22,077 | 8,888 | 0 |
| 30 Jun 18 | 76,037 | 28,139 | 41,668 | 0 |
| 31 Mar 18 | 122,717 | 26,941 | 41,451 | 0 |
| 31 Dec 17 | 71,601 | 26,549 | 39,493 | 0 |
| 30 Sep 17 | 65,548 | 23,999 | 36,188 | 0 |
| 31 Dec 16 | 62,465 | 21,898 | 35,681 | 0 |
| 31 Dec 14 | 50,479 | 14,070 | 30,335 | 0 |
| 31 Dec 13 | 43,577 | 9,889 | 29,207 | 0 |
Quality Earnings: ECOC has high quality earnings.
Growing Profit Margin: ECOC's current net profit margins (48.1%) are higher than last year (45.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ECOC's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: ECOC's earnings growth over the past year (37.1%) exceeds its 5-year average (18.3% per year).
Earnings vs Industry: ECOC earnings growth over the past year (37.1%) exceeded the Banks industry 29%.
Return on Equity
High ROE: ECOC's Return on Equity (34.1%) is considered high.