Concordia Financial Group Past Earnings Performance
Past criteria checks 4/6
Concordia Financial Group has been growing earnings at an average annual rate of 2.8%, while the Banks industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 0.1% per year. Concordia Financial Group's return on equity is 5.2%, and it has net margins of 23%.
Key information
2.8%
Earnings growth rate
4.1%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 0.1% |
| Return on equity | 5.2% |
| Net Margin | 23.0% |
| Next Earnings Update | 13 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Concordia Financial Group 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 | 279,447 | 64,295 | 130,598 | 0 |
| 30 Sep 23 | 278,999 | 64,638 | 128,684 | 0 |
| 30 Jun 23 | 268,545 | 59,209 | 126,866 | 0 |
| 31 Mar 23 | 266,986 | 56,159 | 125,540 | 0 |
| 31 Dec 22 | 264,648 | 49,618 | 127,140 | 0 |
| 30 Sep 22 | 262,237 | 47,357 | 128,239 | 0 |
| 30 Jun 22 | 264,313 | 50,475 | 130,163 | 0 |
| 31 Mar 22 | 268,370 | 53,881 | 131,131 | 0 |
| 31 Dec 21 | 261,562 | 39,640 | 133,521 | 0 |
| 30 Sep 21 | 260,184 | 37,471 | 134,744 | 0 |
| 30 Jun 21 | 261,572 | 34,618 | 135,750 | 0 |
| 31 Mar 21 | 250,765 | 25,326 | 136,888 | 0 |
| 31 Dec 20 | 257,629 | 41,162 | 135,976 | 0 |
| 30 Sep 20 | 256,925 | 40,181 | 135,803 | 0 |
| 30 Jun 20 | 258,162 | 42,936 | 135,684 | 0 |
| 31 Mar 20 | 260,176 | 46,536 | 134,818 | 0 |
| 31 Dec 19 | 259,817 | 48,635 | 157,094 | 0 |
| 30 Sep 19 | 266,461 | 53,083 | 156,799 | 0 |
| 30 Jun 19 | 275,620 | 54,096 | 133,144 | 0 |
| 31 Mar 19 | 272,762 | 54,285 | 155,822 | 0 |
| 31 Dec 18 | 286,418 | 62,583 | 133,182 | 0 |
| 30 Sep 18 | 298,427 | 63,042 | 133,405 | 0 |
| 30 Jun 18 | 303,425 | 62,094 | 133,568 | 0 |
| 31 Mar 18 | 289,602 | 66,413 | 157,546 | 0 |
| 31 Dec 17 | 317,114 | 69,379 | 133,870 | 0 |
| 30 Sep 17 | 309,155 | 68,516 | 134,277 | 0 |
| 30 Jun 17 | 314,588 | 69,912 | 134,508 | 0 |
| 31 Mar 17 | 317,916 | 126,656 | 135,120 | 0 |
Quality Earnings: YC3 has a large one-off gain of ¥17.5B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: YC3's current net profit margins (23%) are higher than last year (18.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: YC3's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: YC3's earnings growth over the past year (29.6%) exceeds its 5-year average (2.8% per year).
Earnings vs Industry: YC3 earnings growth over the past year (29.6%) exceeded the Banks industry 26.9%.
Return on Equity
High ROE: YC3's Return on Equity (5.2%) is considered low.