Access Bank (Ghana) Past Earnings Performance
Past criteria checks 3/6
Access Bank (Ghana)'s earnings have been declining at an average annual rate of -5.6%, while the Banks industry saw earnings declining at 7.8% annually. Revenues have been growing at an average rate of 9.9% per year. Access Bank (Ghana)'s return on equity is 44.1%, and it has net margins of 41.6%.
Key information
-5.6%
Earnings growth rate
-8.8%
EPS growth rate
| Banks Industry Growth | 0.6% |
| Revenue growth rate | 9.9% |
| Return on equity | 44.1% |
| Net Margin | 41.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Access Bank (Ghana) 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 | 1,486 | 618 | 241 | 0 |
| 30 Sep 23 | 209 | -192 | 227 | 0 |
| 30 Jun 23 | 163 | -206 | 208 | 0 |
| 31 Mar 23 | 47 | -256 | 189 | 0 |
| 31 Dec 22 | -113 | -338 | 171 | 0 |
| 30 Sep 22 | 912 | 417 | 133 | 0 |
| 30 Jun 22 | 829 | 372 | 125 | 0 |
| 31 Mar 22 | 763 | 334 | 122 | 0 |
| 31 Dec 21 | 728 | 322 | 114 | 0 |
| 30 Sep 21 | 601 | 246 | 121 | 0 |
| 30 Jun 21 | 598 | 257 | 115 | 0 |
| 31 Mar 21 | 575 | 248 | 114 | 0 |
| 31 Dec 20 | 567 | 241 | 116 | 0 |
| 30 Sep 20 | 550 | 228 | 119 | 0 |
| 30 Jun 20 | 472 | 198 | 117 | 0 |
| 31 Mar 20 | 437 | 184 | 106 | 0 |
| 31 Dec 19 | 410 | 174 | 102 | 0 |
| 30 Sep 19 | 330 | 118 | 91 | 0 |
| 30 Jun 19 | 344 | 109 | 106 | 0 |
| 31 Mar 19 | 302 | 83 | 107 | 0 |
| 31 Dec 18 | 253 | 50 | 85 | 0 |
| 30 Sep 18 | 302 | 79 | 94 | 0 |
| 30 Jun 18 | 259 | 53 | 93 | 0 |
| 31 Mar 18 | 247 | 41 | 91 | 0 |
| 31 Dec 17 | 230 | 30 | 89 | 0 |
| 30 Sep 17 | 171 | 53 | 103 | 0 |
| 30 Jun 17 | 226 | 44 | 83 | 0 |
| 31 Mar 17 | 221 | 43 | 81 | 0 |
| 31 Dec 16 | 217 | 42 | 80 | 0 |
| 31 Dec 15 | 252 | 80 | 59 | 0 |
| 31 Dec 14 | 222 | 85 | 48 | 0 |
| 31 Dec 13 | 137 | 46 | 36 | 0 |
Quality Earnings: ACCESS has high quality earnings.
Growing Profit Margin: ACCESS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACCESS's earnings have declined by 5.6% per year over the past 5 years.
Accelerating Growth: ACCESS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ACCESS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (25.4%).
Return on Equity
High ROE: ACCESS's Return on Equity (44.1%) is considered outstanding.