Ecobank Transnational Past Earnings Performance
Past criteria checks 3/6
Ecobank Transnational has been growing earnings at an average annual rate of 17.8%, while the Banks industry saw earnings growing at 30.6% annually. Revenues have been growing at an average rate of 3.9% per year. Ecobank Transnational's return on equity is 22.9%, and it has net margins of 18.1%.
Key information
17.8%
Earnings growth rate
17.8%
EPS growth rate
| Banks Industry Growth | 30.4% |
| Revenue growth rate | 3.9% |
| Return on equity | 22.9% |
| Net Margin | 18.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ecobank Transnational 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 Sep 23 | 1,734 | 314 | 579 | 0 |
| 30 Jun 23 | 1,803 | 317 | 580 | 0 |
| 31 Mar 23 | 1,691 | 285 | 553 | 0 |
| 31 Dec 22 | 1,664 | 286 | 569 | 0 |
| 30 Sep 22 | 1,642 | 276 | 584 | 0 |
| 30 Jun 22 | 1,616 | 286 | 597 | 0 |
| 31 Mar 22 | 1,572 | 274 | 568 | 0 |
| 31 Dec 21 | 1,539 | 261 | 584 | 0 |
| 30 Sep 21 | 1,522 | 216 | 555 | 0 |
| 30 Jun 21 | 1,497 | 19 | 552 | 0 |
| 31 Mar 21 | 1,456 | 6 | 560 | 0 |
| 31 Dec 20 | 1,454 | 2 | 567 | 0 |
| 30 Sep 20 | 1,461 | 6 | 583 | 0 |
| 30 Jun 20 | 1,444 | 161 | 577 | 0 |
| 31 Mar 20 | 1,480 | 178 | 597 | 0 |
| 31 Dec 19 | 1,489 | 191 | 599 | 0 |
| 30 Sep 19 | 1,412 | 137 | 621 | 0 |
| 30 Jun 19 | 1,425 | 166 | 634 | 0 |
| 31 Mar 19 | 1,444 | 166 | 605 | 0 |
| 31 Dec 18 | 1,483 | 182 | 634 | 0 |
| 30 Sep 18 | 1,510 | 213 | 631 | 0 |
| 30 Jun 18 | 1,493 | 207 | 634 | 0 |
| 31 Mar 18 | 1,468 | 204 | 633 | 0 |
| 31 Dec 17 | 1,421 | 178 | 634 | 0 |
| 30 Sep 17 | 984 | -265 | 599 | 0 |
| 30 Jun 17 | 982 | -271 | 600 | 0 |
| 31 Mar 17 | 1,052 | -269 | 630 | 0 |
| 31 Dec 16 | 1,138 | -248 | 660 | 0 |
| 30 Sep 16 | 1,389 | -19 | 674 | 0 |
| 30 Jun 16 | 1,474 | -23 | 693 | 0 |
| 31 Mar 16 | 1,542 | 27 | 706 | 0 |
| 31 Dec 15 | 1,596 | 68 | 704 | 0 |
| 30 Sep 15 | 1,927 | 325 | 735 | 0 |
| 30 Jun 15 | 2,009 | 393 | 738 | 0 |
| 31 Mar 15 | 2,022 | 375 | 751 | 0 |
| 31 Dec 14 | 2,012 | 339 | 806 | 0 |
| 30 Sep 14 | 1,796 | 162 | 828 | 0 |
| 30 Jun 14 | 1,741 | 119 | 819 | 0 |
| 31 Mar 14 | 1,681 | 108 | 799 | 0 |
| 31 Dec 13 | 1,627 | 103 | 774 | 0 |
| 30 Sep 13 | 1,858 | 342 | 756 | 0 |
| 30 Jun 13 | 1,763 | 330 | 729 | 0 |
Quality Earnings: ETI has high quality earnings.
Growing Profit Margin: ETI's current net profit margins (18.1%) are higher than last year (16.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ETI's earnings have grown by 17.8% per year over the past 5 years.
Accelerating Growth: ETI's earnings growth over the past year (13.9%) is below its 5-year average (17.8% per year).
Earnings vs Industry: ETI earnings growth over the past year (13.9%) did not outperform the Banks industry 128.4%.
Return on Equity
High ROE: Whilst ETI's Return on Equity (22.87%) is high, this metric is skewed due to their high level of debt.