Security Bank Corporation

PSE:SECB Stock Report

Market Cap: ₱65.9b

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 17.4% 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 Growth13.5%
Revenue growth rate10.1%
Return on equity7.0%
Net Margin22.4%
Last Earnings Update30 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

PSE:SECB Revenue, expenses and earnings (PHP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2444,6439,99114,5650
30 Jun 2441,6179,63113,6560
31 Mar 2440,0639,37013,0000
31 Dec 2338,2939,10112,3590
30 Sep 2337,7799,56111,1760
30 Jun 2337,2049,22110,9890
31 Mar 2336,98710,18710,7390
31 Dec 2237,00110,55110,5430
30 Sep 2235,93310,63510,4390
30 Jun 2234,45010,04010,0690
31 Mar 2232,3467,9939,9130
31 Dec 2131,5306,9139,8100
30 Sep 2128,2025,5979,5440
30 Jun 2125,0114,8859,5410
31 Mar 2124,8446,1839,3650
31 Dec 2023,9907,4289,1870
30 Sep 2026,5279,0679,2100
30 Jun 2029,91010,8089,0500
31 Mar 2030,07010,6058,8460
31 Dec 1929,77410,0978,5710
30 Sep 1928,7509,7568,6630
30 Jun 1927,4369,2638,2650
31 Mar 1925,7968,6398,0030
31 Dec 1824,8848,6047,7390
30 Sep 1825,5279,4157,2180
30 Jun 1824,6889,3097,1220
31 Mar 1824,6989,7926,9590
31 Dec 1724,42910,2616,7510
30 Sep 1722,3479,3156,6040
30 Jun 1721,4508,9436,3120
31 Mar 1720,2208,3605,9920
31 Dec 1619,8948,5515,7420
30 Sep 1619,0777,9405,2970
30 Jun 1618,3017,5445,0930
31 Mar 1617,3276,9874,9520
31 Dec 1517,6817,3294,8180
30 Sep 1516,6376,6714,6290
30 Jun 1517,8378,1144,5280
31 Mar 1518,4459,0124,3680
31 Dec 1415,7987,0914,1140
30 Sep 1415,4007,2743,8280
30 Jun 1414,6586,9413,6890
31 Mar 1412,5865,2223,5610
31 Dec 1312,0144,8793,4760

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 17.4%.

Return on Equity

High ROE: SECB's Return on Equity (7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Security Bank Corporation is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joahnna SorianoBofA Global Research
Alfred DyCLSA
Charmaine CoCOL Financial Group, Inc