Bank of Africa Past Earnings Performance

Past criteria checks 5/6

Bank of Africa has been growing earnings at an average annual rate of 18.5%, while the Banks industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 6.7% per year. Bank of Africa's return on equity is 13.5%, and it has net margins of 21.8%.

Key information

18.5%

Earnings growth rate

19.3%

EPS growth rate

Banks Industry Growth3.7%
Revenue growth rate6.7%
Return on equity13.5%
Net Margin21.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Bank of Africa makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

CBSE:BOA Revenue, expenses and earnings (MAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2415,2353,3199570
30 Jun 2415,1293,1909380
31 Mar 2414,6232,8639500
31 Dec 2314,2212,6629000
30 Sep 2314,0222,5659210
30 Jun 2313,5122,4519100
31 Mar 2313,1962,3529250
31 Dec 2213,0092,3059620
30 Sep 2212,0582,1039940
30 Jun 2212,0622,0811,0290
31 Mar 2211,9372,0481,0760
31 Dec 2111,7032,0071,0480
30 Sep 2111,9081,8009970
30 Jun 2111,0001,5599620
31 Mar 2110,6921,0589670
31 Dec 2010,5997389540
30 Sep 2010,5711,0589570
30 Jun 2011,1831,1249690
31 Mar 2011,4211,5909530
31 Dec 1911,6731,9229470
30 Sep 1912,0521,9028710
30 Jun 1911,6381,8767790
31 Mar 1911,5221,8446500
31 Dec 1811,3831,8316210
30 Sep 1811,2251,8546140
30 Jun 1811,3671,8736790
31 Mar 1811,6542,0407290
01 Jan 1811,5732,0367470
30 Sep 1711,9172,0587390
30 Jun 1711,7802,0747190
31 Mar 1711,3431,9747080
31 Dec 1611,3732,0366970
30 Sep 1610,7252,0127030
30 Jun 1610,9112,1426840
31 Mar 1610,4271,9236740
31 Dec 1510,3771,9566720
30 Sep 1510,3352,0316820
30 Jun 1510,2922,1076910
31 Mar 1510,0062,0256790
31 Dec 149,7191,9446660
30 Sep 149,4431,7416780
30 Jun 149,1661,5386890
31 Mar 148,8811,3846940

Quality Earnings: BOA has high quality earnings.

Growing Profit Margin: BOA's current net profit margins (21.8%) are higher than last year (18.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BOA's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: BOA's earnings growth over the past year (29.4%) exceeds its 5-year average (18.5% per year).

Earnings vs Industry: BOA earnings growth over the past year (29.4%) exceeded the Banks industry 21.7%.


Return on Equity

High ROE: BOA's Return on Equity (13.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 05:02
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bank of Africa is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Ranya GnabaAlphaMena
Jaap MeijerArqaam Capital Research Offshore S.A.L.