Ecobank Transnational Incorporated

NGSE:ETI Stock Report

Market Cap: ₦592.7b

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 Growth30.4%
Revenue growth rate3.9%
Return on equity22.9%
Net Margin18.1%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Ecobank Transnational makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:ETI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 231,7343145790
30 Jun 231,8033175800
31 Mar 231,6912855530
31 Dec 221,6642865690
30 Sep 221,6422765840
30 Jun 221,6162865970
31 Mar 221,5722745680
31 Dec 211,5392615840
30 Sep 211,5222165550
30 Jun 211,497195520
31 Mar 211,45665600
31 Dec 201,45425670
30 Sep 201,46165830
30 Jun 201,4441615770
31 Mar 201,4801785970
31 Dec 191,4891915990
30 Sep 191,4121376210
30 Jun 191,4251666340
31 Mar 191,4441666050
31 Dec 181,4831826340
30 Sep 181,5102136310
30 Jun 181,4932076340
31 Mar 181,4682046330
31 Dec 171,4211786340
30 Sep 17984-2655990
30 Jun 17982-2716000
31 Mar 171,052-2696300
31 Dec 161,138-2486600
30 Sep 161,389-196740
30 Jun 161,474-236930
31 Mar 161,542277060
31 Dec 151,596687040
30 Sep 151,9273257350
30 Jun 152,0093937380
31 Mar 152,0223757510
31 Dec 142,0123398060
30 Sep 141,7961628280
30 Jun 141,7411198190
31 Mar 141,6811087990
31 Dec 131,6271037740
30 Sep 131,8583427560
30 Jun 131,7633307290
31 Mar 131,6982957150

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 105.8%.


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.


Return on Assets


Return on Capital Employed


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