Union Bank of Colombo Past Earnings Performance
Past criteria checks 2/6
Union Bank of Colombo's earnings have been declining at an average annual rate of -5%, while the Banks industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 2.4% per year. Union Bank of Colombo's return on equity is 2.4%, and it has net margins of 6.1%.
Key information
-5.0%
Earnings growth rate
-4.8%
EPS growth rate
| Banks Industry Growth | 8.7% |
| Revenue growth rate | 2.4% |
| Return on equity | 2.4% |
| Net Margin | 6.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Union Bank of Colombo 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 | 7,443 | 456 | 3,638 | 0 |
| 30 Sep 23 | 7,139 | 571 | 3,539 | 0 |
| 30 Jun 23 | 6,711 | 582 | 3,387 | 0 |
| 31 Mar 23 | 6,075 | 369 | 3,293 | 0 |
| 31 Dec 22 | 5,878 | 434 | 3,177 | 0 |
| 30 Sep 22 | 5,930 | 486 | 3,053 | 0 |
| 30 Jun 22 | 5,868 | 563 | 2,986 | 0 |
| 31 Mar 22 | 5,972 | 777 | 2,919 | 0 |
| 31 Dec 21 | 5,859 | 837 | 2,858 | 0 |
| 30 Sep 21 | 5,662 | 715 | 2,931 | 0 |
| 30 Jun 21 | 5,795 | 772 | 2,901 | 0 |
| 31 Mar 21 | 5,747 | 735 | 2,862 | 0 |
| 31 Dec 20 | 5,741 | 633 | 2,926 | 0 |
| 30 Sep 20 | 6,025 | 780 | 3,188 | 0 |
| 30 Jun 20 | 6,228 | 787 | 3,170 | 0 |
| 31 Mar 20 | 6,403 | 842 | 3,132 | 0 |
| 31 Dec 19 | 6,336 | 765 | 3,010 | 0 |
| 30 Sep 19 | 6,204 | 662 | 2,654 | 0 |
| 30 Jun 19 | 5,934 | 565 | 2,655 | 0 |
| 31 Mar 19 | 5,820 | 494 | 2,646 | 0 |
| 31 Dec 18 | 5,682 | 518 | 2,621 | 0 |
| 30 Sep 18 | 5,519 | 555 | 2,559 | 0 |
| 30 Jun 18 | 5,320 | 557 | 2,497 | 0 |
| 31 Mar 18 | 5,129 | 549 | 2,448 | 0 |
| 31 Dec 17 | 4,884 | 515 | 2,359 | 0 |
| 30 Sep 17 | 4,757 | 521 | 2,348 | 0 |
| 30 Jun 17 | 4,632 | 503 | 2,283 | 0 |
| 31 Mar 17 | 4,457 | 494 | 2,211 | 0 |
| 31 Dec 16 | 4,326 | 504 | 2,162 | 0 |
| 30 Sep 16 | 4,069 | 446 | 2,120 | 0 |
| 30 Jun 16 | 3,733 | 389 | 1,988 | 0 |
| 31 Mar 16 | 3,422 | 308 | 1,850 | 0 |
| 31 Dec 15 | 3,160 | 223 | 1,745 | 0 |
| 30 Sep 15 | 2,856 | 97 | 1,427 | 0 |
| 30 Jun 15 | 2,616 | 71 | 1,313 | 0 |
| 31 Mar 15 | 2,454 | 44 | 1,213 | 0 |
| 31 Dec 14 | 2,217 | 31 | 1,098 | 0 |
| 30 Sep 14 | 1,974 | 7 | 1,091 | 0 |
| 30 Jun 14 | 1,849 | -3 | 1,036 | 0 |
| 31 Mar 14 | 1,740 | 65 | 960 | 0 |
| 31 Dec 13 | 1,724 | 104 | 911 | 0 |
| 30 Sep 13 | 1,922 | 359 | 882 | 0 |
| 30 Jun 13 | 1,933 | 414 | 829 | 0 |
Quality Earnings: UBC.N0000 has high quality earnings.
Growing Profit Margin: UBC.N0000's current net profit margins (6.1%) are lower than last year (7.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UBC.N0000's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: UBC.N0000's earnings growth over the past year (5.1%) exceeds its 5-year average (-5% per year).
Earnings vs Industry: UBC.N0000 earnings growth over the past year (5.1%) did not outperform the Banks industry 43.4%.
Return on Equity
High ROE: UBC.N0000's Return on Equity (2.4%) is considered low.