Suruga Bank Past Earnings Performance
Past criteria checks 2/6
Suruga Bank has been growing earnings at an average annual rate of 51.2%, while the Banks industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 9.2% per year. Suruga Bank's return on equity is 1.1%, and it has net margins of 5.3%.
Key information
51.2%
Earnings growth rate
51.6%
EPS growth rate
| Banks Industry Growth | 4.1% |
| Revenue growth rate | 9.2% |
| Return on equity | 1.1% |
| Net Margin | 5.3% |
| Next Earnings Update | 10 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Suruga 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 | 60,277 | 3,192 | 37,955 | 0 |
| 30 Sep 23 | 58,785 | 3,774 | 38,108 | 0 |
| 30 Jun 23 | 69,023 | 10,026 | 38,623 | 0 |
| 31 Mar 23 | 68,709 | 10,576 | 38,348 | 0 |
| 31 Dec 22 | 80,926 | 19,257 | 39,761 | 0 |
| 30 Sep 22 | 68,914 | 6,546 | 40,096 | 0 |
| 30 Jun 22 | 69,837 | 9,470 | 40,720 | 0 |
| 31 Mar 22 | 69,699 | 7,960 | 41,186 | 0 |
| 31 Dec 21 | 82,474 | 21,601 | 41,464 | 0 |
| 30 Sep 21 | 97,619 | 33,756 | 42,302 | 0 |
| 30 Jun 21 | 91,189 | 23,476 | 42,679 | 0 |
| 31 Mar 21 | 89,612 | 21,433 | 43,494 | 0 |
| 31 Dec 20 | 95,869 | 15,286 | 44,790 | 0 |
| 30 Sep 20 | 99,346 | 14,834 | 45,324 | 0 |
| 30 Jun 20 | 104,096 | 21,984 | 46,338 | 0 |
| 31 Mar 20 | 112,178 | 25,324 | 47,559 | 0 |
| 31 Dec 19 | 104,136 | 18,473 | 48,386 | 0 |
| 30 Sep 19 | 103,011 | 19,611 | 49,855 | 0 |
| 30 Jun 19 | -434 | -96,459 | 50,705 | 0 |
| 31 Mar 19 | -1,773 | -97,146 | 51,326 | 0 |
| 31 Dec 18 | -46,969 | -123,893 | 51,190 | 0 |
| 30 Sep 18 | -32,946 | -114,965 | 51,251 | 0 |
| 30 Jun 18 | 74,261 | -583 | 51,763 | 0 |
| 31 Mar 18 | 85,578 | 6,988 | 51,945 | 0 |
| 31 Dec 17 | 138,690 | 45,620 | 51,794 | 0 |
| 30 Sep 17 | 135,199 | 44,576 | 51,856 | 0 |
| 30 Jun 17 | 133,945 | 44,457 | 51,530 | 0 |
| 31 Mar 17 | 130,833 | 42,627 | 51,500 | 0 |
| 31 Dec 16 | 131,784 | 40,252 | 51,329 | 0 |
| 30 Sep 16 | 128,126 | 36,947 | 50,590 | 0 |
| 30 Jun 16 | 127,730 | 35,897 | 49,923 | 0 |
| 31 Mar 16 | 128,460 | 36,717 | 48,940 | 0 |
| 31 Dec 15 | 128,256 | 37,056 | 48,220 | 0 |
| 30 Sep 15 | 127,380 | 36,510 | 48,262 | 0 |
| 30 Jun 15 | 125,817 | 35,676 | 48,290 | 0 |
| 31 Mar 15 | 121,460 | 32,891 | 48,372 | 0 |
| 31 Dec 14 | 119,492 | 30,770 | 49,254 | 0 |
| 30 Sep 14 | 116,941 | 29,131 | 48,798 | 0 |
| 30 Jun 14 | 114,610 | 28,395 | 47,443 | 0 |
| 31 Mar 14 | 113,007 | 27,607 | 46,638 | 0 |
| 31 Dec 13 | 110,373 | 26,668 | 44,933 | 0 |
| 30 Sep 13 | 108,339 | 24,863 | 44,556 | 0 |
| 30 Jun 13 | 105,303 | 23,159 | 44,675 | 0 |
Quality Earnings: 8358 has high quality earnings.
Growing Profit Margin: 8358's current net profit margins (5.3%) are lower than last year (23.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8358 has become profitable over the past 5 years, growing earnings by 51.2% per year.
Accelerating Growth: 8358's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8358 had negative earnings growth (-83.4%) over the past year, making it difficult to compare to the Banks industry average (8.6%).
Return on Equity
High ROE: 8358's Return on Equity (1.1%) is considered low.