Standard Chartered Bank Ghana Past Earnings Performance
Past criteria checks 3/6
Standard Chartered Bank Ghana's earnings have been declining at an average annual rate of -5.8%, while the Banks industry saw earnings declining at 7.8% annually. Revenues have been growing at an average rate of 4.5% per year. Standard Chartered Bank Ghana's return on equity is 45%, and it has net margins of 45.2%.
Key information
-5.8%
Earnings growth rate
-5.8%
EPS growth rate
| Banks Industry Growth | 0.6% |
| Revenue growth rate | 4.5% |
| Return on equity | 45.0% |
| Net Margin | 45.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Standard Chartered 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 | 1,923 | 869 | 438 | 0 |
| 30 Sep 23 | 590 | 19 | 430 | 0 |
| 30 Jun 23 | 425 | -124 | 400 | 0 |
| 31 Mar 23 | 315 | -191 | 365 | 0 |
| 31 Dec 22 | 115 | -298 | 333 | 0 |
| 30 Sep 22 | 960 | 263 | 329 | 0 |
| 30 Jun 22 | 1,106 | 432 | 313 | 0 |
| 31 Mar 22 | 1,213 | 512 | 287 | 0 |
| 31 Dec 21 | 1,057 | 435 | 289 | 0 |
| 30 Sep 21 | 1,060 | 520 | 259 | 0 |
| 30 Jun 21 | 1,042 | 517 | 257 | 0 |
| 31 Mar 21 | 969 | 484 | 252 | 0 |
| 31 Dec 20 | 963 | 478 | 242 | 0 |
| 30 Sep 20 | 977 | 422 | 233 | 0 |
| 30 Jun 20 | 882 | 356 | 215 | 0 |
| 31 Mar 20 | 800 | 302 | 211 | 0 |
| 31 Dec 19 | 753 | 280 | 209 | 0 |
| 30 Sep 19 | 695 | 236 | 220 | 0 |
| 30 Jun 19 | 629 | 203 | 225 | 0 |
| 31 Mar 19 | 633 | 217 | 211 | 0 |
| 31 Dec 18 | 612 | 208 | 198 | 0 |
| 30 Sep 18 | 605 | 225 | 183 | 0 |
| 30 Jun 18 | 648 | 261 | 177 | 0 |
| 31 Mar 18 | 668 | 192 | 172 | 0 |
| 31 Dec 17 | 667 | 281 | 168 | 0 |
| 30 Sep 17 | 646 | 199 | 272 | 0 |
| 30 Jun 17 | 602 | 162 | 158 | 0 |
| 31 Mar 17 | 565 | 166 | 149 | 0 |
| 31 Dec 16 | 540 | 153 | 152 | 0 |
| 30 Sep 16 | 362 | 99 | 200 | 0 |
| 30 Jun 16 | 384 | 120 | 211 | 0 |
| 31 Mar 16 | 356 | 100 | 201 | 0 |
| 31 Dec 15 | 318 | 43 | 140 | 0 |
| 30 Sep 15 | 462 | 160 | 175 | 0 |
| 30 Jun 15 | 470 | 168 | 161 | 0 |
| 31 Mar 15 | 473 | 180 | 218 | 0 |
| 31 Dec 14 | 473 | 206 | 179 | 0 |
| 30 Sep 14 | 486 | 259 | 223 | 0 |
| 30 Jun 14 | 443 | 235 | 115 | 0 |
| 31 Mar 14 | 432 | 232 | 115 | 0 |
| 31 Dec 13 | 403 | 206 | 115 | 0 |
| 30 Sep 13 | 368 | 199 | 103 | 0 |
| 30 Jun 13 | 331 | 157 | 103 | 0 |
Quality Earnings: SCB has high quality earnings.
Growing Profit Margin: SCB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SCB's earnings have declined by 5.8% per year over the past 5 years.
Accelerating Growth: SCB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SCB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (25.7%).
Return on Equity
High ROE: SCB's Return on Equity (45%) is considered outstanding.