Optima bank Past Earnings Performance
Past criteria checks 6/6
Optima bank has been growing earnings at an average annual rate of 48.2%, while the Banks industry saw earnings growing at 31.4% annually. Revenues have been growing at an average rate of 40.7% per year. Optima bank's return on equity is 23.6%, and it has net margins of 59.4%.
Key information
48.2%
Earnings growth rate
36.6%
EPS growth rate
| Banks Industry Growth | 42.4% |
| Revenue growth rate | 40.7% |
| Return on equity | 23.6% |
| Net Margin | 59.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Optima 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 Sep 24 | 234 | 139 | 42 | 0 |
| 30 Jun 24 | 219 | 128 | 41 | 0 |
| 31 Mar 24 | 203 | 117 | 39 | 0 |
| 31 Dec 23 | 183 | 103 | 38 | 0 |
| 30 Sep 23 | 158 | 88 | 33 | 0 |
| 30 Jun 23 | 132 | 70 | 31 | 0 |
| 31 Mar 23 | 106 | 52 | 29 | 0 |
| 31 Dec 22 | 90 | 42 | 28 | 0 |
| 31 Dec 21 | 44 | 10 | 25 | 0 |
| 31 Dec 20 | 12 | -13 | 21 | 0 |
| 31 Dec 19 | 9 | -4 | 10 | 0 |
| 31 Dec 18 | 11 | -4 | 9 | 0 |
| 31 Dec 17 | 9 | -5 | 8 | 0 |
| 31 Dec 16 | 9 | -2 | 7 | 0 |
| 31 Dec 15 | 10 | 0 | 7 | 0 |
| 31 Dec 14 | 8 | -3 | 8 | 0 |
| 31 Dec 13 | -7 | -21 | 10 | 0 |
Quality Earnings: OPTIMA has high quality earnings.
Growing Profit Margin: OPTIMA's current net profit margins (59.4%) are higher than last year (55.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OPTIMA has become profitable over the past 5 years, growing earnings by 48.2% per year.
Accelerating Growth: OPTIMA's earnings growth over the past year (58.2%) exceeds its 5-year average (48.2% per year).
Earnings vs Industry: OPTIMA earnings growth over the past year (58.2%) exceeded the Banks industry 14.4%.
Return on Equity
High ROE: OPTIMA's Return on Equity (23.6%) is considered high.