Trust Bank Past Earnings Performance
Past criteria checks 2/6
Trust Bank has been growing earnings at an average annual rate of 23.3%, while the Banks industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 12.5% per year. Trust Bank's return on equity is 19.1%, and it has net margins of 25.5%.
Key information
23.3%
Earnings growth rate
23.3%
EPS growth rate
| Banks Industry Growth | 0.6% |
| Revenue growth rate | 12.5% |
| Return on equity | 19.1% |
| Net Margin | 25.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Trust 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 |
|---|---|---|---|---|
| 31 Dec 23 | 1,016 | 259 | 377 | 0 |
| 31 Dec 22 | 915 | 248 | 340 | 0 |
| 31 Dec 21 | 678 | 150 | 289 | 0 |
| 31 Dec 20 | 614 | 110 | 275 | 0 |
| 31 Dec 19 | 606 | 101 | 281 | 0 |
| 31 Dec 18 | 571 | 94 | 265 | 0 |
| 31 Dec 17 | 586 | 85 | 264 | 0 |
| 31 Dec 16 | 564 | 105 | 257 | 0 |
| 31 Dec 15 | 579 | 154 | 246 | 0 |
| 31 Dec 14 | 625 | 179 | 209 | 0 |
Quality Earnings: TBL has high quality earnings.
Growing Profit Margin: TBL's current net profit margins (25.5%) are lower than last year (27.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TBL's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: TBL's earnings growth over the past year (4.3%) is below its 5-year average (23.3% per year).
Earnings vs Industry: TBL earnings growth over the past year (4.3%) did not outperform the Banks industry 22.4%.
Return on Equity
High ROE: TBL's Return on Equity (19.1%) is considered low.