Security Bank Past Earnings Performance
Past criteria checks 3/6
Security Bank has been growing earnings at an average annual rate of 2%, while the Banks industry saw earnings growing at 17.8% annually. Revenues have been growing at an average rate of 10.1% per year. Security Bank's return on equity is 7%, and it has net margins of 22.4%.
Key information
2.0%
Earnings growth rate
2.0%
EPS growth rate
| Banks Industry Growth | 13.5% |
| Revenue growth rate | 10.1% |
| Return on equity | 7.0% |
| Net Margin | 22.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Security Bank 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 24 | 44,643 | 9,995 | 14,565 | 0 |
| 30 Jun 24 | 41,617 | 9,631 | 13,656 | 0 |
| 31 Mar 24 | 40,063 | 9,370 | 13,000 | 0 |
| 31 Dec 23 | 38,293 | 9,101 | 12,359 | 0 |
| 30 Sep 23 | 37,779 | 9,561 | 11,176 | 0 |
| 30 Jun 23 | 37,204 | 9,221 | 10,989 | 0 |
| 31 Mar 23 | 36,987 | 10,187 | 10,739 | 0 |
| 31 Dec 22 | 37,001 | 10,551 | 10,543 | 0 |
| 30 Sep 22 | 35,933 | 10,635 | 10,439 | 0 |
| 30 Jun 22 | 34,450 | 10,040 | 10,069 | 0 |
| 31 Mar 22 | 32,346 | 7,993 | 9,913 | 0 |
| 31 Dec 21 | 31,530 | 6,913 | 9,810 | 0 |
| 30 Sep 21 | 28,202 | 5,597 | 9,544 | 0 |
| 30 Jun 21 | 25,011 | 4,885 | 9,541 | 0 |
| 31 Mar 21 | 24,844 | 6,183 | 9,365 | 0 |
| 31 Dec 20 | 23,990 | 7,428 | 9,187 | 0 |
| 30 Sep 20 | 26,527 | 9,067 | 9,210 | 0 |
| 30 Jun 20 | 29,910 | 10,808 | 9,050 | 0 |
| 31 Mar 20 | 30,070 | 10,605 | 8,846 | 0 |
| 31 Dec 19 | 29,774 | 10,097 | 8,571 | 0 |
| 30 Sep 19 | 28,750 | 9,756 | 8,663 | 0 |
| 30 Jun 19 | 27,436 | 9,263 | 8,265 | 0 |
| 31 Mar 19 | 25,796 | 8,639 | 8,003 | 0 |
| 31 Dec 18 | 24,884 | 8,604 | 7,739 | 0 |
| 30 Sep 18 | 25,527 | 9,415 | 7,218 | 0 |
| 30 Jun 18 | 24,688 | 9,309 | 7,122 | 0 |
| 31 Mar 18 | 24,698 | 9,792 | 6,959 | 0 |
| 31 Dec 17 | 24,429 | 10,261 | 6,751 | 0 |
| 30 Sep 17 | 22,347 | 9,315 | 6,604 | 0 |
| 30 Jun 17 | 21,450 | 8,943 | 6,312 | 0 |
| 31 Mar 17 | 20,220 | 8,360 | 5,992 | 0 |
| 31 Dec 16 | 19,894 | 8,551 | 5,742 | 0 |
| 30 Sep 16 | 19,077 | 7,940 | 5,297 | 0 |
| 30 Jun 16 | 18,301 | 7,544 | 5,093 | 0 |
| 31 Mar 16 | 17,327 | 6,987 | 4,952 | 0 |
| 31 Dec 15 | 17,681 | 7,329 | 4,818 | 0 |
| 30 Sep 15 | 16,637 | 6,671 | 4,629 | 0 |
| 30 Jun 15 | 17,837 | 8,114 | 4,528 | 0 |
| 31 Mar 15 | 18,445 | 9,012 | 4,368 | 0 |
| 31 Dec 14 | 15,798 | 7,091 | 4,114 | 0 |
| 30 Sep 14 | 15,400 | 7,274 | 3,828 | 0 |
| 30 Jun 14 | 14,658 | 6,941 | 3,689 | 0 |
| 31 Mar 14 | 12,586 | 5,222 | 3,561 | 0 |
| 31 Dec 13 | 12,014 | 4,879 | 3,476 | 0 |
Quality Earnings: SECB has high quality earnings.
Growing Profit Margin: SECB's current net profit margins (22.4%) are lower than last year (25.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SECB's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: SECB's earnings growth over the past year (4.5%) exceeds its 5-year average (2% per year).
Earnings vs Industry: SECB earnings growth over the past year (4.5%) did not outperform the Banks industry 17.5%.
Return on Equity
High ROE: SECB's Return on Equity (7%) is considered low.