Trust Bank Limited

GHSE:TBL Stock Report

Market Cap: GH₵166.0m

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 Growth0.6%
Revenue growth rate12.5%
Return on equity19.1%
Net Margin25.5%
Last Earnings Update31 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

GHSE:TBL Revenue, expenses and earnings (GMD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 231,0162593770
31 Dec 229152483400
31 Dec 216781502890
31 Dec 206141102750
31 Dec 196061012810
31 Dec 18571942650
31 Dec 17586852640
31 Dec 165641052570
31 Dec 155791542460
31 Dec 146251792090

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.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 13:34
End of Day Share Price 2024/10/31 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Trust Bank Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution