Vestjysk Bank Past Earnings Performance
Past criteria checks 3/6
Vestjysk Bank has been growing earnings at an average annual rate of 16.4%, while the Banks industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 22.2% per year. Vestjysk Bank's return on equity is 14.9%, and it has net margins of 44.1%.
Key information
16.4%
Earnings growth rate
9.8%
EPS growth rate
| Banks Industry Growth | 12.4% |
| Revenue growth rate | 22.2% |
| Return on equity | 14.9% |
| Net Margin | 44.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Vestjysk 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 |
|---|---|---|---|---|
| 30 Sep 24 | 2,403 | 1,060 | 953 | 0 |
| 30 Jun 24 | 2,411 | 1,026 | 911 | 0 |
| 31 Mar 24 | 2,453 | 1,098 | 885 | 0 |
| 31 Dec 23 | 2,390 | 1,035 | 908 | 0 |
| 30 Sep 23 | 2,145 | 934 | 916 | 0 |
| 30 Jun 23 | 1,923 | 833 | 902 | 0 |
| 31 Mar 23 | 1,664 | 652 | 883 | 0 |
| 31 Dec 22 | 1,496 | 543 | 859 | 0 |
| 30 Sep 22 | 1,394 | 482 | 912 | 0 |
| 30 Jun 22 | 1,435 | 520 | 920 | 0 |
| 31 Mar 22 | 1,563 | 611 | 971 | 0 |
| 31 Dec 21 | 1,559 | 1,080 | 1,033 | 0 |
| 30 Sep 21 | 1,398 | 937 | 900 | 0 |
| 30 Jun 21 | 1,245 | 884 | 803 | 0 |
| 31 Mar 21 | 1,013 | 794 | 662 | 0 |
| 31 Dec 20 | 858 | 303 | 488 | 0 |
| 30 Sep 20 | 857 | 331 | 480 | 0 |
| 30 Jun 20 | 977 | 457 | 476 | 0 |
| 31 Mar 20 | 979 | 463 | 473 | 0 |
| 31 Dec 19 | 991 | 478 | 471 | 0 |
| 30 Sep 19 | 955 | 527 | 442 | 0 |
| 30 Jun 19 | 776 | 340 | 449 | 0 |
| 31 Mar 19 | 731 | 297 | 448 | 0 |
| 31 Dec 18 | 724 | 296 | 442 | 0 |
| 30 Sep 18 | 694 | 179 | 446 | 0 |
| 30 Jun 18 | 669 | 175 | 437 | 0 |
| 31 Mar 18 | 682 | 179 | 438 | 0 |
| 31 Dec 17 | 676 | 163 | 444 | 0 |
| 30 Sep 17 | 724 | 204 | 434 | 0 |
| 30 Jun 17 | 699 | 177 | 439 | 0 |
| 31 Mar 17 | 636 | 123 | 454 | 0 |
| 31 Dec 16 | 589 | 80 | 465 | 0 |
| 30 Sep 16 | 544 | 41 | 480 | 0 |
| 30 Jun 16 | 545 | 15 | 500 | 0 |
| 31 Mar 16 | 576 | 28 | 508 | 0 |
| 31 Dec 15 | 612 | 49 | 511 | 0 |
| 30 Sep 15 | 411 | -161 | 528 | 0 |
| 30 Jun 15 | 337 | -211 | 505 | 0 |
| 31 Mar 15 | 366 | -181 | 505 | 0 |
| 31 Dec 14 | 374 | -188 | 518 | 0 |
| 30 Sep 14 | 270 | -309 | 530 | 0 |
| 30 Jun 14 | 279 | -310 | 539 | 0 |
| 31 Mar 14 | 150 | -449 | 551 | 0 |
| 31 Dec 13 | 99 | -442 | 555 | 0 |
Quality Earnings: VJBA has high quality earnings.
Growing Profit Margin: VJBA's current net profit margins (44.1%) are higher than last year (43.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VJBA's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: VJBA's earnings growth over the past year (13.5%) is below its 5-year average (16.4% per year).
Earnings vs Industry: VJBA earnings growth over the past year (13.5%) did not outperform the Banks industry 19.2%.
Return on Equity
High ROE: VJBA's Return on Equity (14.9%) is considered low.