Piraeus Financial Holdings Past Earnings Performance
Past criteria checks 3/6
Piraeus Financial Holdings has been growing earnings at an average annual rate of 14.7%, while the Banks industry saw earnings growing at 26.6% annually. Revenues have been growing at an average rate of 16.8% per year. Piraeus Financial Holdings's return on equity is 11.1%, and it has net margins of 34.8%.
Key information
14.7%
Earnings growth rate
-17.9%
EPS growth rate
| Banks Industry Growth | 42.4% |
| Revenue growth rate | 16.8% |
| Return on equity | 11.1% |
| Net Margin | 34.8% |
| Next Earnings Update | 31 Jul 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Piraeus Financial Holdings 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 Mar 24 | 2,419 | 842 | 772 | 0 |
| 31 Dec 23 | 2,327 | 788 | 786 | 0 |
| 30 Sep 23 | 2,213 | 745 | 714 | 0 |
| 30 Jun 23 | 2,046 | 583 | 750 | 0 |
| 31 Mar 23 | 1,905 | 556 | 766 | 0 |
| 31 Dec 22 | 2,243 | 899 | 757 | 0 |
| 30 Sep 22 | 5,777 | 807 | 741 | 0 |
| 30 Jun 22 | 4,977 | 58 | 732 | 0 |
| 31 Mar 22 | 192 | -2,084 | 804 | 0 |
| 31 Dec 21 | 2,057 | -3,006 | 784 | 0 |
| 30 Sep 21 | -1,425 | -3,596 | 869 | 0 |
| 30 Jun 21 | -700 | -2,959 | 880 | 0 |
| 31 Mar 21 | 4,395 | -824 | 811 | 0 |
| 31 Dec 20 | 1,478 | -654 | 864 | 0 |
| 30 Sep 20 | 1,263 | 51 | 832 | 0 |
| 30 Jun 20 | 1,228 | 92 | 872 | 0 |
| 31 Mar 20 | 1,172 | 26 | 910 | 0 |
| 31 Dec 19 | 1,475 | 270 | 898 | 0 |
| 30 Sep 19 | 1,187 | 222 | 786 | 0 |
| 30 Jun 19 | 1,227 | 274 | 759 | 0 |
| 31 Mar 19 | 1,252 | 277 | 756 | 0 |
| 31 Dec 18 | 1,267 | 184 | 925 | 0 |
| 30 Sep 18 | 133 | 46 | 1,105 | 0 |
| 30 Jun 18 | 29 | -67 | 1,122 | 0 |
| 31 Mar 18 | 62 | -80 | 1,123 | 0 |
| 31 Dec 17 | 39 | -8 | 1,003 | 0 |
| 30 Sep 17 | 1,078 | 7 | 977 | 0 |
| 30 Jun 17 | 1,167 | 52 | 1,015 | 0 |
| 31 Mar 17 | 1,201 | 64 | 1,063 | 0 |
| 31 Dec 16 | 1,216 | 37 | 1,100 | 0 |
| 30 Sep 16 | 207 | -1,223 | 1,193 | 0 |
| 30 Jun 16 | 270 | -748 | 1,210 | 0 |
| 31 Mar 16 | -1,137 | -1,829 | 1,235 | 0 |
| 31 Dec 15 | -1,114 | -1,858 | 1,261 | 0 |
| 30 Sep 15 | -325 | -923 | 1,199 | 0 |
| 30 Jun 15 | -2,382 | -2,983 | 1,232 | 0 |
| 31 Mar 15 | -1,073 | -1,757 | 1,262 | 0 |
| 31 Dec 14 | -1,305 | -1,938 | 1,282 | 0 |
| 30 Sep 14 | -1,266 | -2,336 | 1,430 | 0 |
| 30 Jun 14 | 471 | -1,055 | 1,487 | 0 |
| 31 Mar 14 | 72 | -1,329 | 1,504 | 0 |
| 31 Dec 13 | -68 | 2,532 | 1,421 | 0 |
| 30 Sep 13 | 34 | 3,349 | 1,315 | 0 |
| 30 Jun 13 | -228 | 3,352 | 1,128 | 0 |
Quality Earnings: TPEIR has a large one-off loss of €409.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: TPEIR's current net profit margins (34.8%) are higher than last year (29.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TPEIR has become profitable over the past 5 years, growing earnings by 14.7% per year.
Accelerating Growth: TPEIR's earnings growth over the past year (51.4%) exceeds its 5-year average (14.7% per year).
Earnings vs Industry: TPEIR earnings growth over the past year (51.4%) did not outperform the Banks industry 51.4%.
Return on Equity
High ROE: TPEIR's Return on Equity (11.1%) is considered low.