Preferred Bank Past Earnings Performance
Past criteria checks 3/6
Preferred Bank has been growing earnings at an average annual rate of 18.5%, while the Banks industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 15.3% per year. Preferred Bank's return on equity is 20.8%, and it has net margins of 51.7%.
Key information
18.5%
Earnings growth rate
20.0%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 15.3% |
| Return on equity | 20.8% |
| Net Margin | 51.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Preferred Bank 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 Mar 24 | 282 | 145 | 66 | 0 |
| 31 Dec 23 | 286 | 150 | 65 | 0 |
| 30 Sep 23 | 286 | 154 | 66 | 0 |
| 30 Jun 23 | 279 | 151 | 65 | 0 |
| 31 Mar 23 | 262 | 141 | 64 | 0 |
| 31 Dec 22 | 242 | 129 | 62 | 0 |
| 30 Sep 22 | 224 | 116 | 59 | 0 |
| 30 Jun 22 | 209 | 107 | 58 | 0 |
| 31 Mar 22 | 198 | 100 | 56 | 0 |
| 31 Dec 21 | 191 | 95 | 55 | 0 |
| 30 Sep 21 | 180 | 90 | 54 | 0 |
| 30 Jun 21 | 165 | 81 | 52 | 0 |
| 31 Mar 21 | 156 | 74 | 52 | 0 |
| 31 Dec 20 | 149 | 69 | 52 | 0 |
| 30 Sep 20 | 147 | 68 | 52 | 0 |
| 30 Jun 20 | 153 | 71 | 52 | 0 |
| 31 Mar 20 | 159 | 75 | 52 | 0 |
| 31 Dec 19 | 163 | 78 | 51 | 0 |
| 30 Sep 19 | 161 | 77 | 50 | 0 |
| 30 Jun 19 | 158 | 75 | 50 | 0 |
| 31 Mar 19 | 154 | 72 | 49 | 0 |
| 31 Dec 18 | 148 | 70 | 48 | 0 |
| 30 Sep 18 | 144 | 59 | 46 | 0 |
| 30 Jun 18 | 140 | 55 | 45 | 0 |
| 31 Mar 18 | 133 | 49 | 43 | 0 |
| 31 Dec 17 | 126 | 43 | 42 | 0 |
| 30 Sep 17 | 121 | 45 | 41 | 0 |
| 30 Jun 17 | 112 | 41 | 40 | 0 |
| 31 Mar 17 | 106 | 38 | 39 | 0 |
| 31 Dec 16 | 101 | 36 | 38 | 0 |
| 30 Sep 16 | 97 | 33 | 36 | 0 |
| 30 Jun 16 | 92 | 31 | 35 | 0 |
| 31 Mar 16 | 89 | 30 | 33 | 0 |
| 31 Dec 15 | 84 | 29 | 31 | 0 |
| 30 Sep 15 | 81 | 29 | 30 | 0 |
| 30 Jun 15 | 77 | 27 | 29 | 0 |
| 31 Mar 15 | 73 | 26 | 28 | 0 |
| 31 Dec 14 | 70 | 24 | 27 | 0 |
| 30 Sep 14 | 66 | 23 | 26 | 0 |
| 30 Jun 14 | 63 | 22 | 25 | 0 |
| 31 Mar 14 | 61 | 20 | 25 | 0 |
| 31 Dec 13 | 60 | 19 | 25 | 0 |
| 30 Sep 13 | 59 | 18 | 24 | 0 |
| 30 Jun 13 | 56 | 16 | 23 | 0 |
Quality Earnings: 1IU has high quality earnings.
Growing Profit Margin: 1IU's current net profit margins (51.7%) are lower than last year (53.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1IU's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: 1IU's earnings growth over the past year (3.2%) is below its 5-year average (18.5% per year).
Earnings vs Industry: 1IU earnings growth over the past year (3.2%) did not outperform the Banks industry 26.5%.
Return on Equity
High ROE: 1IU's Return on Equity (20.8%) is considered high.