AVANGARD BANK Past Earnings Performance
Past criteria checks 1/6
AVANGARD BANK's earnings have been declining at an average annual rate of -8.4%, while the Banks industry saw earnings growing at 8.8% annually. Revenues have been declining at an average rate of 1.3% per year. AVANGARD BANK's return on equity is 18.4%, and it has net margins of 34.5%.
Key information
-8.4%
Earnings growth rate
-8.4%
EPS growth rate
| Banks Industry Growth | 11.7% |
| Revenue growth rate | -1.3% |
| Return on equity | 18.4% |
| Net Margin | 34.5% |
| Last Earnings Update | 01 Oct 2021 |
Recent past performance updates
Revenue & Expenses Breakdown
How AVANGARD 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 |
|---|---|---|---|---|
| 01 Oct 21 | 13,426 | 4,634 | 1,705 | 0 |
| 30 Jun 21 | 12,086 | 3,718 | 6,198 | 0 |
| 31 Mar 21 | 12,426 | 4,322 | 5,704 | 0 |
| 31 Dec 20 | 11,158 | 3,118 | 6,032 | 0 |
| 30 Sep 20 | 13,633 | 5,081 | 6,004 | 0 |
| 30 Jun 20 | 15,644 | 6,749 | 5,946 | 0 |
| 31 Mar 20 | 14,495 | 5,489 | 6,070 | 0 |
| 31 Dec 19 | 16,276 | 7,143 | 6,032 | 0 |
| 30 Sep 19 | 14,235 | 5,639 | 5,836 | 0 |
| 30 Jun 19 | 13,541 | 5,154 | 5,775 | 0 |
| 31 Mar 19 | 13,998 | 5,856 | 5,676 | 0 |
| 31 Dec 18 | 12,827 | 5,138 | 5,367 | 0 |
| 30 Sep 18 | 13,190 | 5,593 | 5,224 | 0 |
| 30 Jun 18 | 13,370 | 6,086 | 4,857 | 0 |
| 31 Mar 18 | 12,899 | 5,811 | 4,851 | 0 |
| 31 Dec 17 | 13,630 | 6,525 | 4,699 | 0 |
| 30 Sep 17 | 19,467 | 11,351 | 4,561 | 0 |
| 30 Jun 17 | 17,258 | 9,466 | 4,669 | 0 |
| 31 Mar 17 | 15,967 | 8,445 | 4,695 | 0 |
| 31 Dec 16 | 16,090 | 8,694 | 4,512 | 0 |
| 30 Sep 16 | 8,971 | 2,933 | 4,519 | 0 |
| 30 Jun 16 | 8,750 | 2,939 | 4,384 | 0 |
| 31 Mar 16 | 9,414 | 3,459 | 4,367 | 0 |
| 31 Dec 15 | 8,572 | 2,703 | 4,322 | 0 |
Quality Earnings: AVAN has high quality earnings.
Growing Profit Margin: AVAN's current net profit margins (34.5%) are lower than last year (37.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if AVAN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: AVAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVAN had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Banks industry average (14.6%).
Return on Equity
High ROE: AVAN's Return on Equity (18.4%) is considered low.