Skjern Bank Past Earnings Performance
Past criteria checks 5/6
Skjern Bank has been growing earnings at an average annual rate of 20.7%, while the Banks industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 14.6% per year. Skjern Bank's return on equity is 16.4%, and it has net margins of 41.2%.
Key information
20.7%
Earnings growth rate
20.4%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 14.6% |
| Return on equity | 16.4% |
| Net Margin | 41.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Skjern 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 Jun 24 | 653 | 269 | 270 | 0 |
| 31 Mar 24 | 644 | 266 | 261 | 0 |
| 31 Dec 23 | 616 | 253 | 252 | 0 |
| 30 Sep 23 | 588 | 239 | 242 | 0 |
| 30 Jun 23 | 534 | 206 | 234 | 0 |
| 31 Mar 23 | 481 | 172 | 232 | 0 |
| 31 Dec 22 | 432 | 145 | 223 | 0 |
| 30 Sep 22 | 407 | 138 | 214 | 0 |
| 30 Jun 22 | 403 | 138 | 209 | 0 |
| 31 Mar 22 | 421 | 157 | 202 | 0 |
| 31 Dec 21 | 420 | 158 | 199 | 0 |
| 30 Sep 21 | 406 | 142 | 196 | 0 |
| 30 Jun 21 | 400 | 149 | 189 | 0 |
| 31 Mar 21 | 368 | 127 | 184 | 0 |
| 31 Dec 20 | 343 | 109 | 183 | 0 |
| 30 Sep 20 | 328 | 104 | 182 | 0 |
| 30 Jun 20 | 339 | 109 | 184 | 0 |
| 31 Mar 20 | 341 | 112 | 183 | 0 |
| 31 Dec 19 | 360 | 129 | 180 | 0 |
| 30 Sep 19 | 347 | 106 | 180 | 0 |
| 30 Jun 19 | 320 | 80 | 177 | 0 |
| 31 Mar 19 | 309 | 79 | 173 | 0 |
| 31 Dec 18 | 359 | 136 | 169 | 0 |
| 30 Sep 18 | 360 | 152 | 163 | 0 |
| 30 Jun 18 | 358 | 153 | 155 | 0 |
| 31 Mar 18 | 370 | 175 | 157 | 0 |
| 31 Dec 17 | 309 | 117 | 152 | 0 |
| 30 Sep 17 | 307 | 119 | 148 | 0 |
| 30 Jun 17 | 296 | 114 | 149 | 0 |
| 31 Mar 17 | 292 | 103 | 142 | 0 |
| 31 Dec 16 | 257 | 75 | 142 | 0 |
| 30 Sep 16 | 236 | 59 | 142 | 0 |
| 30 Jun 16 | 214 | 47 | 139 | 0 |
| 31 Mar 16 | 191 | 28 | 137 | 0 |
| 31 Dec 15 | 204 | 38 | 135 | 0 |
| 30 Sep 15 | 90 | -66 | 143 | 0 |
| 30 Jun 15 | 100 | -59 | 143 | 0 |
| 31 Mar 15 | 106 | -55 | 143 | 0 |
| 31 Dec 14 | 106 | -56 | 144 | 0 |
| 30 Sep 14 | 222 | 52 | 131 | 0 |
| 30 Jun 14 | 219 | 51 | 129 | 0 |
| 31 Mar 14 | 196 | 34 | 129 | 0 |
| 31 Dec 13 | 182 | 24 | 127 | 0 |
Quality Earnings: SKJEC has high quality earnings.
Growing Profit Margin: SKJEC's current net profit margins (41.2%) are higher than last year (38.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKJEC's earnings have grown significantly by 20.7% per year over the past 5 years.
Accelerating Growth: SKJEC's earnings growth over the past year (30.5%) exceeds its 5-year average (20.7% per year).
Earnings vs Industry: SKJEC earnings growth over the past year (30.5%) exceeded the Banks industry 9%.
Return on Equity
High ROE: SKJEC's Return on Equity (16.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/05 10:01 |
| End of Day Share Price | 2024/07/08 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Skjern Bank A/S is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|