Amalgamated Financial Past Earnings Performance
Past criteria checks 2/6
Amalgamated Financial has been growing earnings at an average annual rate of 17.3%, while the Banks industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 9.4% per year. Amalgamated Financial's return on equity is 15.2%, and it has net margins of 33%.
Key information
17.3%
Earnings growth rate
18.1%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 9.4% |
| Return on equity | 15.2% |
| Net Margin | 33.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Amalgamated Financial 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 | 285 | 94 | 133 | 0 |
| 31 Dec 23 | 275 | 88 | 134 | 0 |
| 30 Sep 23 | 269 | 90 | 131 | 0 |
| 30 Jun 23 | 269 | 91 | 130 | 0 |
| 31 Mar 23 | 263 | 89 | 127 | 0 |
| 31 Dec 22 | 248 | 81 | 123 | 0 |
| 30 Sep 22 | 237 | 73 | 124 | 0 |
| 30 Jun 22 | 223 | 64 | 122 | 0 |
| 31 Mar 22 | 207 | 55 | 120 | 0 |
| 31 Dec 21 | 203 | 53 | 119 | 0 |
| 30 Sep 21 | 198 | 51 | 117 | 0 |
| 30 Jun 21 | 200 | 49 | 122 | 0 |
| 31 Mar 21 | 200 | 49 | 122 | 0 |
| 31 Dec 20 | 196 | 46 | 122 | 0 |
| 30 Sep 20 | 195 | 44 | 123 | 0 |
| 30 Jun 20 | 190 | 45 | 118 | 0 |
| 31 Mar 20 | 191 | 46 | 118 | 0 |
| 31 Dec 19 | 192 | 47 | 117 | 0 |
| 30 Sep 19 | 189 | 51 | 116 | 0 |
| 30 Jun 19 | 186 | 47 | 118 | 0 |
| 31 Mar 19 | 185 | 48 | 118 | 0 |
| 31 Dec 18 | 178 | 45 | 116 | 0 |
| 30 Sep 18 | 169 | 25 | 115 | 0 |
| 30 Jun 18 | 160 | 20 | 111 | 0 |
| 31 Mar 18 | 146 | 11 | 113 | 0 |
| 31 Dec 17 | 142 | 6 | 113 | 0 |
| 31 Dec 16 | 128 | 11 | 105 | 0 |
Quality Earnings: A0B0 has high quality earnings.
Growing Profit Margin: A0B0's current net profit margins (33%) are lower than last year (33.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A0B0's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: A0B0's earnings growth over the past year (5.9%) is below its 5-year average (17.3% per year).
Earnings vs Industry: A0B0 earnings growth over the past year (5.9%) did not outperform the Banks industry 26.5%.
Return on Equity
High ROE: A0B0's Return on Equity (15.2%) is considered low.