Industrial Bank of Korea Past Earnings Performance
Past criteria checks 4/6
Industrial Bank of Korea has been growing earnings at an average annual rate of 18.5%, while the Banks industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 8.5% per year. Industrial Bank of Korea's return on equity is 8.6%, and it has net margins of 35.7%.
Key information
18.5%
Earnings growth rate
10.8%
EPS growth rate
| Banks Industry Growth | 12.2% |
| Revenue growth rate | 8.5% |
| Return on equity | 8.6% |
| Net Margin | 35.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Industrial Bank of Korea 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 | 7,637,900 | 2,730,400 | 2,704,200 | 0 |
| 31 Dec 23 | 8,859,280 | 2,521,570 | 2,427,441 | 0 |
| 30 Sep 23 | 9,539,235 | 2,774,398 | 2,396,092 | 0 |
| 30 Jun 23 | 9,404,445 | 2,763,075 | 2,399,185 | 0 |
| 31 Mar 23 | 8,714,789 | 2,523,338 | 2,396,488 | 0 |
| 31 Dec 22 | 8,390,836 | 2,372,284 | 2,387,662 | 0 |
| 30 Sep 22 | 8,338,461 | 2,233,089 | 2,415,997 | 0 |
| 30 Jun 22 | 8,246,186 | 2,091,170 | 2,500,090 | 0 |
| 31 Mar 22 | 7,426,320 | 2,252,088 | 2,461,283 | 0 |
| 31 Dec 21 | 7,844,463 | 2,136,180 | 2,399,447 | 0 |
| 30 Sep 21 | 7,107,238 | 1,978,987 | 2,370,527 | 0 |
| 30 Jun 21 | 6,771,273 | 1,734,429 | 2,269,006 | 0 |
| 31 Mar 21 | 6,565,480 | 1,439,451 | 2,252,023 | 0 |
| 31 Dec 20 | 6,417,269 | 1,320,724 | 2,234,594 | 0 |
| 30 Sep 20 | 6,304,658 | 1,138,276 | 2,216,297 | 0 |
| 30 Jun 20 | 6,246,631 | 1,148,040 | 2,186,753 | 0 |
| 31 Mar 20 | 6,311,016 | 1,238,079 | 2,180,167 | 0 |
| 31 Dec 19 | 6,294,685 | 1,284,837 | 2,195,545 | 0 |
| 30 Sep 19 | 6,348,828 | 1,335,020 | 2,189,481 | 0 |
| 30 Jun 19 | 6,388,949 | 1,455,357 | 2,163,260 | 0 |
| 31 Mar 19 | 6,606,589 | 1,358,660 | 2,138,087 | 0 |
| 31 Dec 18 | 6,353,055 | 1,417,232 | 2,098,960 | 0 |
| 30 Sep 18 | 6,244,160 | 1,435,590 | 2,062,268 | 0 |
| 30 Jun 18 | 6,068,085 | 1,462,000 | 2,057,713 | 0 |
| 31 Mar 18 | 5,887,517 | 1,573,410 | 2,027,606 | 0 |
| 31 Dec 17 | 5,620,370 | 1,501,454 | 1,994,423 | 0 |
| 30 Sep 17 | 5,583,124 | 1,458,850 | 1,984,899 | 0 |
| 30 Jun 17 | 5,453,829 | 1,290,162 | 2,006,498 | 0 |
| 31 Mar 17 | 6,184,961 | 1,219,112 | 1,998,670 | 0 |
| 31 Dec 16 | 5,368,398 | 1,157,536 | 1,962,560 | 0 |
| 30 Sep 16 | 8,108,068 | 1,336,340 | 1,908,163 | 0 |
| 30 Jun 16 | 7,490,927 | 1,252,299 | 1,910,693 | 0 |
| 31 Mar 16 | 6,338,707 | 1,151,908 | 1,927,188 | 0 |
| 31 Dec 15 | 6,286,072 | 1,142,983 | 1,910,111 | 0 |
| 30 Sep 15 | 4,099,868 | 894,476 | 1,924,605 | 0 |
| 30 Jun 15 | 4,008,109 | 886,781 | 1,872,578 | 0 |
| 31 Mar 15 | 3,965,967 | 940,163 | 1,840,962 | 0 |
| 31 Dec 14 | 3,943,537 | 838,887 | 1,838,359 | 0 |
| 30 Sep 14 | 5,437,200 | 983,294 | 1,792,867 | 0 |
| 30 Jun 14 | 4,895,849 | 928,655 | 1,840,374 | 0 |
| 31 Mar 14 | 3,769,901 | 749,589 | 1,867,200 | 0 |
| 31 Dec 13 | 3,704,117 | 694,001 | 1,849,804 | 0 |
| 30 Sep 13 | 3,646,692 | 729,724 | 1,872,033 | 0 |
| 30 Jun 13 | 3,624,883 | 710,988 | 1,831,312 | 0 |
Quality Earnings: A024110 has high quality earnings.
Growing Profit Margin: A024110's current net profit margins (35.7%) are higher than last year (29%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A024110's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: A024110's earnings growth over the past year (8.2%) is below its 5-year average (18.5% per year).
Earnings vs Industry: A024110 earnings growth over the past year (8.2%) exceeded the Banks industry -4.9%.
Return on Equity
High ROE: A024110's Return on Equity (8.6%) is considered low.