Rakuten Bank Past Earnings Performance

Past criteria checks 2/6

Rakuten Bank has been growing earnings at an average annual rate of 19.3%, while the Banks industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 7.7% per year. Rakuten Bank's return on equity is 11.9%, and it has net margins of 27.6%.

Key information

19.3%

Earnings growth rate

17.9%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate7.7%
Return on equity11.9%
Net Margin27.6%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Rakuten Bank makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

MUN:N5G Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24124,79334,43641,9500
31 Dec 23119,76232,38741,3220
30 Sep 23117,10530,97739,9700
30 Jun 23114,70329,17139,4410
31 Mar 23112,37827,69239,2010
31 Mar 22100,83620,03937,6200
31 Mar 2199,11319,33735,8100

Quality Earnings: N5G has high quality earnings.

Growing Profit Margin: N5G's current net profit margins (27.6%) are higher than last year (24.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if N5G's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare N5G's past year earnings growth to its 5-year average.

Earnings vs Industry: N5G earnings growth over the past year (24.4%) did not outperform the Banks industry 27%.


Return on Equity

High ROE: N5G's Return on Equity (11.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/05 18:07
End of Day Share Price 2024/03/08 00:00
Earnings2024/03/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rakuten Bank, Ltd. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shinichiro NakamuraBofA Global Research
Masayoshi YonezawaDaiwa Securities Co. Ltd.
Kohei SakamotoDaiwa Securities Co. Ltd.