Norion Bank Past Earnings Performance
Past criteria checks 2/6
Norion Bank has been growing earnings at an average annual rate of 38.2%, while the Banks industry saw earnings growing at 15.7% annually. Revenues have been growing at an average rate of 15% per year. Norion Bank's return on equity is 16.2%, and it has net margins of 47.8%.
Key information
38.2%
Earnings growth rate
6.1%
EPS growth rate
| Banks Industry Growth | 14.2% |
| Revenue growth rate | 15.0% |
| Return on equity | 16.2% |
| Net Margin | 47.8% |
| Next Earnings Update | 12 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Norion 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 Mar 24 | 2,633 | 1,258 | 437 | 0 |
| 31 Dec 23 | 2,570 | 1,236 | 424 | 0 |
| 30 Sep 23 | 2,572 | 1,258 | 421 | 0 |
| 30 Jun 23 | 2,519 | 1,236 | 427 | 0 |
| 31 Mar 23 | 2,364 | 1,142 | 399 | 0 |
| 31 Dec 22 | 2,275 | 1,097 | 384 | 0 |
| 30 Sep 22 | 2,109 | 988 | 337 | 0 |
| 30 Jun 22 | 1,974 | 895 | 310 | 0 |
| 31 Mar 22 | 1,907 | 834 | 328 | 0 |
| 31 Dec 21 | 1,753 | 713 | 321 | 0 |
| 30 Sep 21 | 1,699 | 576 | 382 | 0 |
| 30 Jun 21 | 1,578 | 474 | 389 | 0 |
| 31 Mar 21 | 1,461 | 400 | 335 | 0 |
| 31 Dec 20 | 1,352 | 292 | 376 | 0 |
| 30 Sep 20 | 1,244 | -477 | 348 | 0 |
| 30 Jun 20 | 1,302 | -412 | 348 | 0 |
| 31 Mar 20 | 1,376 | -347 | 348 | 0 |
| 31 Dec 19 | 1,514 | -219 | 360 | 0 |
| 30 Sep 19 | 1,543 | 584 | 339 | 0 |
| 30 Jun 19 | 1,536 | 550 | 331 | 0 |
| 31 Mar 19 | 1,479 | 526 | 326 | 0 |
| 31 Dec 18 | 1,430 | 496 | 317 | 0 |
| 30 Sep 18 | 1,410 | 513 | 314 | 0 |
| 30 Jun 18 | 1,390 | 530 | 312 | 0 |
| 31 Mar 18 | 1,340 | 520 | 290 | 0 |
| 31 Dec 17 | 1,291 | 510 | 268 | 0 |
| 30 Sep 17 | 1,212 | 436 | 246 | 0 |
| 30 Jun 17 | 1,133 | 363 | 224 | 0 |
| 31 Mar 17 | 1,070 | 331 | 211 | 0 |
| 31 Dec 16 | 1,007 | 300 | 198 | 0 |
| 30 Jun 16 | 903 | 252 | 196 | 0 |
| 31 Mar 16 | 841 | 221 | 176 | 0 |
| 31 Dec 15 | 780 | 190 | 157 | 0 |
| 31 Dec 14 | 552 | 152 | 111 | 0 |
| 31 Dec 13 | 444 | 108 | 94 | 0 |
Quality Earnings: NORION has high quality earnings.
Growing Profit Margin: NORION's current net profit margins (47.8%) are lower than last year (48.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NORION's earnings have grown significantly by 38.2% per year over the past 5 years.
Accelerating Growth: NORION's earnings growth over the past year (10.2%) is below its 5-year average (38.2% per year).
Earnings vs Industry: NORION earnings growth over the past year (10.2%) did not outperform the Banks industry 19.9%.
Return on Equity
High ROE: NORION's Return on Equity (16.2%) is considered low.