Rizal Commercial Banking Past Earnings Performance
Past criteria checks 2/6
Rizal Commercial Banking has been growing earnings at an average annual rate of 21.3%, while the Banks industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 9.8% per year. Rizal Commercial Banking's return on equity is 8%, and it has net margins of 26%.
Key information
21.3%
Earnings growth rate
18.8%
EPS growth rate
| Banks Industry Growth | 13.5% |
| Revenue growth rate | 9.8% |
| Return on equity | 8.0% |
| Net Margin | 26.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Rizal Commercial Banking 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 | 42,930 | 11,150 | 14,278 | 0 |
| 30 Sep 23 | 37,709 | 9,984 | 13,734 | 0 |
| 30 Jun 23 | 38,498 | 11,098 | 13,437 | 0 |
| 31 Mar 23 | 41,006 | 12,504 | 13,188 | 0 |
| 31 Dec 22 | 38,217 | 11,043 | 12,830 | 0 |
| 30 Sep 22 | 38,584 | 10,072 | 12,402 | 0 |
| 30 Jun 22 | 35,265 | 7,892 | 12,421 | 0 |
| 31 Mar 22 | 31,657 | 6,654 | 12,453 | 0 |
| 31 Dec 21 | 31,381 | 6,118 | 12,535 | 0 |
| 30 Sep 21 | 29,462 | 6,035 | 13,083 | 0 |
| 30 Jun 21 | 27,934 | 4,914 | 12,907 | 0 |
| 31 Mar 21 | 27,795 | 3,500 | 12,568 | 0 |
| 31 Dec 20 | 28,538 | 4,700 | 12,657 | 0 |
| 30 Sep 20 | 28,088 | 4,877 | 12,445 | 0 |
| 30 Jun 20 | 30,057 | 5,836 | 12,509 | 0 |
| 31 Mar 20 | 29,850 | 6,390 | 12,595 | 0 |
| 31 Dec 19 | 29,077 | 5,387 | 12,414 | 0 |
| 30 Sep 19 | 29,100 | 5,623 | 12,543 | 0 |
| 30 Jun 19 | 26,793 | 4,819 | 12,382 | 0 |
| 31 Mar 19 | 25,669 | 4,492 | 12,278 | 0 |
| 31 Dec 18 | 24,596 | 4,320 | 12,077 | 0 |
| 30 Sep 18 | 24,141 | 4,112 | 11,929 | 0 |
| 30 Jun 18 | 23,590 | 4,124 | 11,698 | 0 |
| 31 Mar 18 | 23,636 | 4,439 | 11,542 | 0 |
| 31 Dec 17 | 22,966 | 4,308 | 11,413 | 0 |
| 30 Sep 17 | 21,818 | 3,774 | 11,128 | 0 |
| 30 Jun 17 | 21,402 | 3,606 | 10,870 | 0 |
| 31 Mar 17 | 20,669 | 3,069 | 10,559 | 0 |
| 31 Dec 16 | 21,051 | 3,868 | 10,321 | 0 |
| 30 Sep 16 | 21,091 | 4,051 | 10,236 | 0 |
| 30 Jun 16 | 20,897 | 4,269 | 9,900 | 0 |
| 31 Mar 16 | 20,403 | 4,386 | 9,555 | 0 |
| 31 Dec 15 | 20,107 | 4,187 | 9,238 | 0 |
| 30 Sep 15 | 20,330 | 3,838 | 9,067 | 0 |
| 30 Jun 15 | 20,276 | 3,870 | 8,923 | 0 |
| 31 Mar 15 | 19,340 | 3,042 | 8,672 | 0 |
| 31 Dec 14 | 19,560 | 3,969 | 8,438 | 0 |
| 30 Sep 14 | 19,769 | 3,961 | 8,362 | 0 |
| 30 Jun 14 | 20,419 | 4,358 | 8,172 | 0 |
| 31 Mar 14 | 21,499 | 5,660 | 8,019 | 0 |
| 31 Dec 13 | 21,248 | 4,903 | 7,921 | 0 |
| 30 Sep 13 | 21,663 | 5,468 | 7,741 | 0 |
| 30 Jun 13 | 21,639 | 5,667 | 7,797 | 0 |
Quality Earnings: RCB has high quality earnings.
Growing Profit Margin: RCB's current net profit margins (26%) are lower than last year (28.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCB's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: RCB's earnings growth over the past year (1%) is below its 5-year average (21.3% per year).
Earnings vs Industry: RCB earnings growth over the past year (1%) did not outperform the Banks industry 24%.
Return on Equity
High ROE: RCB's Return on Equity (8%) is considered low.