Askari Bank Past Earnings Performance
Past criteria checks 4/6
Askari Bank has been growing earnings at an average annual rate of 25.6%, while the Banks industry saw earnings growing at 24.2% annually. Revenues have been growing at an average rate of 20.3% per year. Askari Bank's return on equity is 22%, and it has net margins of 30%.
Key information
25.6%
Earnings growth rate
25.6%
EPS growth rate
| Banks Industry Growth | 20.1% |
| Revenue growth rate | 20.3% |
| Return on equity | 22.0% |
| Net Margin | 30.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Askari 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 |
|---|---|---|---|---|
| 31 Dec 23 | 71,748 | 21,489 | 842 | 0 |
| 30 Sep 23 | 62,453 | 17,890 | 636 | 0 |
| 30 Jun 23 | 58,833 | 16,597 | 647 | 0 |
| 31 Mar 23 | 54,591 | 15,168 | 598 | 0 |
| 31 Dec 22 | 50,537 | 14,060 | 535 | 0 |
| 30 Sep 22 | 47,743 | 13,667 | 692 | 0 |
| 30 Jun 22 | 42,014 | 11,910 | 534 | 0 |
| 31 Mar 22 | 37,727 | 10,555 | 427 | 0 |
| 31 Dec 21 | 37,000 | 9,716 | 341 | 0 |
| 30 Sep 21 | 36,954 | 9,457 | 166 | 0 |
| 30 Jun 21 | 37,701 | 9,998 | 160 | 0 |
| 31 Mar 21 | 40,686 | 11,751 | 152 | 0 |
| 31 Dec 20 | 38,124 | 10,846 | 192 | 0 |
| 30 Sep 20 | 36,702 | 10,843 | 172 | 0 |
| 30 Jun 20 | 32,950 | 8,867 | 202 | 0 |
| 31 Mar 20 | 29,238 | 7,066 | 191 | 0 |
| 31 Dec 19 | 28,752 | 7,029 | 207 | 0 |
| 30 Sep 19 | 25,702 | 5,189 | 229 | 0 |
| 30 Jun 19 | 24,557 | 5,039 | -453 | 0 |
| 31 Mar 19 | 24,177 | 4,878 | -400 | 0 |
| 31 Dec 18 | 22,771 | 4,432 | -426 | 0 |
| 30 Sep 18 | 22,854 | 4,696 | -11,479 | 0 |
| 30 Jun 18 | 23,282 | 4,782 | -6,936 | 0 |
| 31 Mar 18 | 23,993 | 5,271 | -3,154 | 0 |
| 31 Dec 17 | 23,477 | 5,115 | 322 | 0 |
| 30 Sep 17 | 23,686 | 5,081 | 14,625 | 0 |
| 30 Jun 17 | 23,444 | 5,119 | 14,353 | 0 |
| 31 Mar 17 | 23,095 | 5,226 | 13,824 | 0 |
| 31 Dec 16 | 22,781 | 5,224 | 13,522 | 0 |
| 30 Sep 16 | 21,712 | 5,141 | 12,552 | 0 |
| 30 Jun 16 | 20,733 | 4,795 | 11,998 | 0 |
| 31 Mar 16 | 20,876 | 4,849 | 11,773 | 0 |
| 31 Dec 15 | 20,567 | 4,899 | 11,414 | 0 |
| 30 Sep 15 | 20,557 | 4,871 | 11,067 | 0 |
| 30 Jun 15 | 20,163 | 4,978 | 10,682 | 0 |
| 31 Mar 15 | 17,848 | 4,327 | 10,350 | 0 |
| 31 Dec 14 | 17,231 | 4,093 | 10,251 | 0 |
| 30 Sep 14 | 13,017 | 1,640 | 9,544 | 0 |
| 30 Jun 14 | 11,689 | 896 | 9,435 | 0 |
| 31 Mar 14 | 3,132 | -4,618 | 9,158 | 0 |
| 31 Dec 13 | 1,561 | -5,379 | 8,624 | 0 |
| 30 Sep 13 | 3,109 | -4,063 | 8,582 | 0 |
| 30 Jun 13 | 3,405 | -3,923 | 8,584 | 0 |
Quality Earnings: AKBL has high quality earnings.
Growing Profit Margin: AKBL's current net profit margins (30%) are higher than last year (27.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AKBL's earnings have grown significantly by 25.6% per year over the past 5 years.
Accelerating Growth: AKBL's earnings growth over the past year (52.8%) exceeds its 5-year average (25.6% per year).
Earnings vs Industry: AKBL earnings growth over the past year (52.8%) did not outperform the Banks industry 86.3%.
Return on Equity
High ROE: Whilst AKBL's Return on Equity (22.05%) is high, this metric is skewed due to their high level of debt.