Crédit du Maroc Past Earnings Performance
Past criteria checks 5/6
Crédit du Maroc has been growing earnings at an average annual rate of 3.6%, while the Banks industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 5.5% per year. Crédit du Maroc's return on equity is 8.5%, and it has net margins of 22.4%.
Key information
3.6%
Earnings growth rate
3.6%
EPS growth rate
| Banks Industry Growth | 3.7% |
| Revenue growth rate | 5.5% |
| Return on equity | 8.5% |
| Net Margin | 22.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Crédit du Maroc 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 Jun 24 | 2,715 | 608 | 273 | 0 |
| 31 Mar 24 | 2,546 | 526 | 264 | 0 |
| 31 Dec 23 | 2,477 | 503 | 239 | 0 |
| 30 Sep 23 | 2,293 | 412 | 224 | 0 |
| 30 Jun 23 | 2,198 | 365 | 216 | 0 |
| 31 Mar 23 | 2,248 | 406 | 213 | 0 |
| 31 Dec 22 | 2,243 | 404 | 209 | 0 |
| 30 Sep 22 | 2,551 | 675 | 202 | 0 |
| 30 Jun 22 | 2,551 | 674 | 199 | 0 |
| 31 Mar 22 | 2,509 | 670 | 196 | 0 |
| 31 Dec 21 | 2,393 | 627 | 192 | 0 |
| 30 Sep 21 | 2,115 | 477 | 174 | 0 |
| 30 Jun 21 | 2,038 | 444 | 163 | 0 |
| 31 Mar 21 | 1,637 | 209 | 159 | 0 |
| 31 Dec 20 | 1,660 | 190 | 154 | 0 |
| 30 Sep 20 | 1,717 | 178 | 151 | 0 |
| 30 Jun 20 | 1,793 | 232 | 133 | 0 |
| 31 Mar 20 | 2,122 | 457 | 146 | 0 |
| 31 Dec 19 | 2,115 | 509 | 143 | 0 |
| 30 Sep 19 | 2,261 | 643 | 132 | 0 |
| 30 Jun 19 | 2,220 | 626 | 142 | 0 |
| 31 Mar 19 | 2,187 | 599 | 119 | 0 |
| 31 Dec 18 | 2,145 | 589 | 113 | 0 |
| 30 Sep 18 | 1,917 | 423 | 110 | 0 |
| 30 Jun 18 | 1,876 | 407 | 108 | 0 |
| 31 Mar 18 | 1,809 | 376 | 106 | 0 |
| 01 Jan 18 | 1,782 | 365 | 106 | 0 |
| 30 Sep 17 | 1,772 | 402 | 108 | 0 |
| 30 Jun 17 | 1,754 | 393 | 161 | 0 |
| 31 Mar 17 | 1,717 | 375 | 108 | 0 |
| 31 Dec 16 | 1,663 | 339 | 108 | 0 |
| 30 Sep 16 | 1,555 | 215 | 110 | 0 |
| 30 Jun 16 | 1,461 | 175 | 57 | 0 |
| 31 Mar 16 | 1,371 | 105 | 109 | 0 |
| 31 Dec 15 | 1,328 | 90 | 108 | 0 |
| 30 Sep 15 | 1,300 | 102 | 165 | 0 |
| 30 Jun 15 | 1,353 | 138 | 107 | 0 |
| 31 Mar 15 | 1,445 | 196 | 109 | 0 |
| 31 Dec 14 | 1,490 | 238 | 112 | 0 |
| 30 Sep 14 | 1,591 | 289 | 168 | 0 |
| 30 Jun 14 | 1,581 | 281 | 168 | 0 |
| 31 Mar 14 | 1,547 | 264 | 112 | 0 |
| 31 Dec 13 | 1,577 | 279 | 168 | 0 |
Quality Earnings: CDM has high quality earnings.
Growing Profit Margin: CDM's current net profit margins (22.4%) are higher than last year (16.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CDM's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: CDM's earnings growth over the past year (66.4%) exceeds its 5-year average (3.6% per year).
Earnings vs Industry: CDM earnings growth over the past year (66.4%) exceeded the Banks industry 26.4%.
Return on Equity
High ROE: CDM's Return on Equity (8.5%) is considered low.