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 Growth | 10.6% |
| Revenue growth rate | 7.7% |
| Return on equity | 11.9% |
| Net Margin | 27.6% |
| Last Earnings Update | 31 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 124,793 | 34,436 | 41,950 | 0 |
| 31 Dec 23 | 119,762 | 32,387 | 41,322 | 0 |
| 30 Sep 23 | 117,105 | 30,977 | 39,970 | 0 |
| 30 Jun 23 | 114,703 | 29,171 | 39,441 | 0 |
| 31 Mar 23 | 112,378 | 27,692 | 39,201 | 0 |
| 31 Mar 22 | 100,836 | 20,039 | 37,620 | 0 |
| 31 Mar 21 | 99,113 | 19,337 | 35,810 | 0 |
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.