Caja Rural de Ahorro y Crédito Los Andes Past Earnings Performance
Past criteria checks 2/6
Caja Rural de Ahorro y Crédito Los Andes has been growing earnings at an average annual rate of 8.8%, while the Banks industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 4.1% per year. Caja Rural de Ahorro y Crédito Los Andes's return on equity is 1.3%, and it has net margins of 1.2%.
Key information
8.8%
Earnings growth rate
4.4%
EPS growth rate
| Banks Industry Growth | 3.5% |
| Revenue growth rate | 4.1% |
| Return on equity | 1.3% |
| Net Margin | 1.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Caja Rural de Ahorro y Crédito Los Andes 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 |
|---|---|---|---|---|
| 31 Dec 23 | 85 | 1 | 76 | 0 |
| 30 Sep 23 | 83 | 0 | 77 | 0 |
| 30 Jun 23 | 82 | 0 | 76 | 0 |
| 31 Mar 23 | 82 | 2 | 76 | 0 |
| 31 Dec 22 | 84 | 3 | 77 | 0 |
| 30 Sep 22 | 85 | 7 | 77 | 0 |
| 30 Jun 22 | 84 | 7 | 76 | 0 |
| 31 Mar 22 | 79 | 3 | 73 | 0 |
| 31 Dec 21 | 63 | -10 | 70 | 0 |
| 30 Sep 21 | 39 | -23 | 67 | 0 |
| 30 Jun 21 | 31 | -27 | 64 | 0 |
| 31 Mar 21 | 31 | -26 | 62 | 0 |
| 31 Dec 20 | 37 | -20 | 64 | 0 |
| 30 Sep 20 | 50 | -18 | 67 | 0 |
| 30 Jun 20 | 55 | -17 | 71 | 0 |
| 31 Mar 20 | 60 | -15 | 74 | 0 |
| 31 Dec 19 | 66 | -9 | 73 | 0 |
| 30 Sep 19 | 78 | 0 | 71 | 0 |
| 30 Jun 19 | 82 | 4 | 69 | 0 |
| 31 Mar 19 | 84 | 8 | 66 | 0 |
| 31 Dec 18 | 84 | 11 | 64 | 0 |
| 30 Sep 18 | 81 | 10 | 65 | 0 |
| 30 Jun 18 | 76 | 9 | 62 | 0 |
| 31 Mar 18 | 68 | 7 | 58 | 0 |
| 31 Dec 17 | 60 | 5 | 51 | 0 |
| 30 Sep 17 | 49 | 4 | 43 | 0 |
| 30 Jun 17 | 43 | 3 | 38 | 0 |
| 31 Mar 17 | 38 | 2 | 35 | 0 |
| 31 Dec 16 | 35 | 1 | 33 | 0 |
| 30 Sep 16 | 33 | 1 | 31 | 0 |
| 30 Jun 16 | 31 | 1 | 29 | 0 |
| 31 Mar 16 | 30 | 1 | 27 | 0 |
| 31 Dec 15 | 29 | 1 | 26 | 0 |
| 30 Sep 15 | 29 | 2 | 26 | 0 |
| 30 Jun 15 | 30 | 2 | 26 | 0 |
| 31 Mar 15 | 30 | 3 | 25 | 0 |
| 31 Dec 14 | 30 | 4 | 24 | 0 |
Quality Earnings: CRANDEC1 has high quality earnings.
Growing Profit Margin: CRANDEC1's current net profit margins (1.2%) are lower than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRANDEC1 has become profitable over the past 5 years, growing earnings by 8.8% per year.
Accelerating Growth: CRANDEC1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRANDEC1 had negative earnings growth (-59.4%) over the past year, making it difficult to compare to the Banks industry average (-26.2%).
Return on Equity
High ROE: CRANDEC1's Return on Equity (1.3%) is considered low.