Glarner Kantonalbank Past Earnings Performance
Past criteria checks 3/6
Glarner Kantonalbank has been growing earnings at an average annual rate of 2.1%, while the Banks industry saw earnings growing at 24.2% annually. Revenues have been growing at an average rate of 5.7% per year. Glarner Kantonalbank's return on equity is 6.1%, and it has net margins of 26.9%.
Key information
2.1%
Earnings growth rate
-2.8%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 5.7% |
| Return on equity | 6.1% |
| Net Margin | 26.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Glarner Kantonalbank 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 | 97 | 26 | 65 | 0 |
| 30 Sep 23 | 97 | 28 | 63 | 0 |
| 30 Jun 23 | 99 | 27 | 68 | 0 |
| 31 Mar 23 | 98 | 26 | 67 | 0 |
| 31 Dec 22 | 90 | 25 | 61 | 0 |
| 30 Sep 22 | 94 | 23 | 67 | 0 |
| 30 Jun 22 | 92 | 23 | 66 | 0 |
| 31 Mar 22 | 92 | 24 | 64 | 0 |
| 31 Dec 21 | 91 | 24 | 61 | 0 |
| 30 Sep 21 | 89 | 25 | 57 | 0 |
| 30 Jun 21 | 87 | 26 | 54 | 0 |
| 31 Mar 21 | 87 | 27 | 53 | 0 |
| 31 Dec 20 | 83 | 26 | 53 | 0 |
| 30 Sep 20 | 81 | 26 | 50 | 0 |
| 30 Jun 20 | 80 | 24 | 51 | 0 |
| 31 Mar 20 | 79 | 24 | 51 | 0 |
| 31 Dec 19 | 81 | 25 | 53 | 0 |
| 30 Sep 19 | 78 | 23 | 51 | 0 |
| 30 Jun 19 | 78 | 25 | 49 | 0 |
| 31 Mar 19 | 76 | 24 | 49 | 0 |
| 31 Dec 18 | 74 | 22 | 48 | 0 |
| 30 Sep 18 | 74 | 22 | 49 | 0 |
| 30 Jun 18 | 72 | 21 | 48 | 0 |
| 31 Mar 18 | 72 | 20 | 48 | 0 |
| 31 Dec 17 | 71 | 20 | 47 | 0 |
| 30 Sep 17 | 69 | 19 | 47 | 0 |
| 30 Jun 17 | 68 | 19 | 47 | 0 |
| 31 Mar 17 | 67 | 19 | 46 | 0 |
| 31 Dec 16 | 66 | 18 | 46 | 0 |
| 30 Sep 16 | 65 | 18 | 44 | 0 |
| 30 Jun 16 | 63 | 17 | 43 | 0 |
| 31 Mar 16 | 62 | 17 | 42 | 0 |
| 31 Dec 15 | 61 | 20 | 42 | 0 |
| 30 Sep 15 | 59 | 19 | 41 | 0 |
| 30 Jun 15 | 57 | 19 | 39 | 0 |
| 31 Mar 15 | 56 | 19 | 40 | 0 |
| 31 Dec 14 | 56 | 16 | 39 | 0 |
| 30 Sep 14 | 55 | 16 | 38 | 0 |
| 30 Jun 14 | 54 | 15 | 37 | 0 |
| 31 Mar 14 | 53 | 14 | 37 | 0 |
| 31 Dec 13 | 52 | 13 | 37 | 0 |
| 30 Sep 13 | 51 | 12 | 37 | 0 |
| 30 Jun 13 | 50 | 12 | 37 | 0 |
Quality Earnings: 0QV3 has high quality earnings.
Growing Profit Margin: 0QV3's current net profit margins (26.9%) are lower than last year (28.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0QV3's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: 0QV3's earnings growth over the past year (2.8%) exceeds its 5-year average (2.1% per year).
Earnings vs Industry: 0QV3 earnings growth over the past year (2.8%) did not outperform the Banks industry 15.9%.
Return on Equity
High ROE: 0QV3's Return on Equity (6.1%) is considered low.