Abbey Mortgage Bank Plc

NGSE:ABBEYBDS Stock Report

Market Cap: ₦25.4b

Abbey Mortgage Bank Past Earnings Performance

Past criteria checks 3/6

Abbey Mortgage Bank has been growing earnings at an average annual rate of 37.9%, while the Diversified Financial industry saw earnings growing at 20.4% annually. Revenues have been growing at an average rate of 41.3% per year. Abbey Mortgage Bank's return on equity is 11.4%, and it has net margins of 27.8%.

Key information

37.9%

Earnings growth rate

34.3%

EPS growth rate

Diversified Financial Industry Growth27.1%
Revenue growth rate41.3%
Return on equity11.4%
Net Margin27.8%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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


Earnings and Revenue History

NGSE:ABBEYBDS Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 243,6011,0021,0130
31 Dec 233,2958719540
30 Sep 233,4149849230
30 Jun 233,2179488550
31 Mar 233,2307588350
31 Dec 223,1827667860
30 Sep 222,6147947860
30 Jun 222,4697427640
31 Mar 222,2966757160
31 Dec 212,1796227070
30 Sep 21-1,832-3,4045770
30 Jun 21-2,214-3,8065670
31 Mar 21-2,780-4,2675230
31 Dec 20-2,908-4,3024840
30 Sep 20571-5814540
30 Jun 20549-4024060
31 Mar 20792-813930
31 Dec 19807-633850
30 Sep 19448-4743680
30 Jun 19518-4643750
31 Mar 19417-6003830
31 Dec 18337-6663900
30 Sep 18679-3573960
30 Jun 18626-3564030
31 Mar 18701-2494090
31 Dec 17751-2124160
30 Sep 17746-1564280
30 Jun 17735-1744390
31 Mar 17770-1604510
31 Dec 16773-1684640
30 Sep 16753334740
30 Jun 16789474830
31 Mar 16781284900
31 Dec 15824554930
30 Sep 15826-1908690
30 Jun 15872-1607470
31 Mar 15877-1446150
31 Dec 14832-1634980
30 Sep 14630-4554380
30 Jun 14602-5044450
31 Mar 14524-5123350
31 Dec 13590-5094450
30 Sep 139221154410
30 Jun 139441354410

Quality Earnings: ABBEYBDS has high quality earnings.

Growing Profit Margin: ABBEYBDS's current net profit margins (27.8%) are higher than last year (23.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ABBEYBDS has become profitable over the past 5 years, growing earnings by 37.9% per year.

Accelerating Growth: ABBEYBDS's earnings growth over the past year (32.2%) is below its 5-year average (37.9% per year).

Earnings vs Industry: ABBEYBDS earnings growth over the past year (32.2%) did not outperform the Diversified Financial industry 36.5%.


Return on Equity

High ROE: ABBEYBDS's Return on Equity (11.4%) is considered low.


Return on Assets


Return on Capital Employed


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