Rakuten Bank Past Earnings Performance
Past criteria checks 5/6
Rakuten Bank has been growing earnings at an average annual rate of 20.3%, while the Banks industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 17.8% per year. Rakuten Bank's return on equity is 13.1%, and it has net margins of 29.4%.
Key information
20.3%
Earnings growth rate
18.5%
EPS growth rate
| Banks Industry Growth | 4.1% |
| Revenue growth rate | 17.8% |
| Return on equity | 13.1% |
| Net Margin | 29.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Rakuten 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 | 137,925 | 40,484 | 44,207 | 0 |
| 30 Jun 24 | 131,108 | 37,270 | 43,237 | 0 |
| 31 Mar 24 | 124,277 | 34,436 | 41,950 | 0 |
| 31 Dec 23 | 119,762 | 32,387 | 41,322 | 0 |
| 30 Sep 23 | 117,105 | 30,977 | 39,970 | 0 |
| 30 Jun 23 | 114,703 | 29,171 | 39,441 | 0 |
| 31 Mar 23 | 112,378 | 27,692 | 39,201 | 0 |
| 31 Mar 22 | 100,836 | 20,039 | 37,620 | 0 |
| 31 Mar 21 | 99,113 | 19,337 | 35,810 | 0 |
Quality Earnings: 5838 has high quality earnings.
Growing Profit Margin: 5838's current net profit margins (29.4%) are higher than last year (26.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 5838's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: 5838's earnings growth over the past year (30.7%) exceeds its 5-year average (20.3% per year).
Earnings vs Industry: 5838 earnings growth over the past year (30.7%) exceeded the Banks industry 22.6%.
Return on Equity
High ROE: 5838's Return on Equity (13.1%) is considered low.