United Bank Past Earnings Performance
Past criteria checks 4/6
United Bank has been growing earnings at an average annual rate of 24.5%, while the Banks industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 22.2% per year. United Bank's return on equity is 21.1%, and it has net margins of 29.8%.
Key information
24.5%
Earnings growth rate
24.5%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 22.2% |
| Return on equity | 21.1% |
| Net Margin | 29.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How United 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 | 198,184 | 58,996 | 4,103 | 0 |
| 31 Mar 24 | 193,674 | 56,896 | 3,678 | 0 |
| 31 Dec 23 | 184,067 | 55,145 | 3,450 | 0 |
| 30 Sep 23 | 169,008 | 54,769 | 2,611 | 0 |
| 30 Jun 23 | 151,989 | 46,545 | 2,675 | 0 |
| 31 Mar 23 | 139,832 | 36,460 | 2,531 | 0 |
| 31 Dec 22 | 127,149 | 31,515 | 2,411 | 0 |
| 30 Sep 22 | 119,205 | 26,091 | 2,361 | 0 |
| 30 Jun 22 | 113,478 | 27,511 | 2,287 | 0 |
| 31 Mar 22 | 105,730 | 32,163 | 2,150 | 0 |
| 31 Dec 21 | 100,309 | 30,479 | 1,884 | 0 |
| 30 Sep 21 | 94,173 | 28,090 | 1,858 | 0 |
| 30 Jun 21 | 86,930 | 24,879 | 1,665 | 0 |
| 31 Mar 21 | 82,878 | 23,682 | 1,544 | 0 |
| 31 Dec 20 | 78,662 | 20,954 | 1,547 | 0 |
| 30 Sep 20 | 78,310 | 20,299 | 1,407 | 0 |
| 30 Jun 20 | 79,349 | 20,770 | 1,451 | 0 |
| 31 Mar 20 | 79,158 | 20,363 | 1,587 | 0 |
| 31 Dec 19 | 79,585 | 20,320 | 1,572 | 0 |
| 30 Sep 19 | 75,067 | 21,552 | -1,180 | 0 |
| 30 Jun 19 | 72,085 | 19,914 | -1,242 | 0 |
| 31 Mar 19 | 70,740 | 17,644 | -1,360 | 0 |
| 31 Dec 18 | 71,508 | 15,601 | -1,405 | 0 |
| 30 Sep 18 | 75,125 | 16,347 | -24,869 | 0 |
| 30 Jun 18 | 77,036 | 18,903 | -15,822 | 0 |
| 31 Mar 18 | 79,214 | 21,214 | -6,905 | 0 |
| 31 Dec 17 | 79,759 | 25,949 | 1,956 | 0 |
| 30 Sep 17 | 80,344 | 25,603 | 36,660 | 0 |
| 30 Jun 17 | 80,618 | 26,558 | 35,300 | 0 |
| 31 Mar 17 | 81,967 | 27,789 | 34,466 | 0 |
| 31 Dec 16 | 82,350 | 27,783 | 34,363 | 0 |
| 30 Sep 16 | 82,000 | 27,842 | 34,630 | 0 |
| 30 Jun 16 | 82,139 | 27,606 | 34,583 | 0 |
| 31 Mar 16 | 79,373 | 26,112 | 34,305 | 0 |
| 31 Dec 15 | 77,724 | 26,154 | 33,094 | 0 |
| 30 Sep 15 | 77,148 | 26,425 | 32,217 | 0 |
| 30 Jun 15 | 74,661 | 25,356 | 31,822 | 0 |
| 31 Mar 15 | 71,142 | 25,690 | 31,315 | 0 |
| 31 Dec 14 | 66,934 | 23,648 | 30,699 | 0 |
| 30 Sep 14 | 64,719 | 22,698 | 29,742 | 0 |
| 30 Jun 14 | 62,542 | 21,728 | 29,229 | 0 |
| 31 Mar 14 | 59,401 | 20,123 | 28,482 | 0 |
| 31 Dec 13 | 57,331 | 19,286 | 27,759 | 0 |
Quality Earnings: UBLS has high quality earnings.
Growing Profit Margin: UBLS's current net profit margins (29.8%) are lower than last year (30.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UBLS's earnings have grown significantly by 24.5% per year over the past 5 years.
Accelerating Growth: UBLS's earnings growth over the past year (26.7%) exceeds its 5-year average (24.5% per year).
Earnings vs Industry: UBLS earnings growth over the past year (26.7%) exceeded the Banks industry 9%.
Return on Equity
High ROE: Whilst UBLS's Return on Equity (21.09%) is high, this metric is skewed due to their high level of debt.