Thai Credit Bank Past Earnings Performance
Past criteria checks 2/6
Thai Credit Bank has been growing earnings at an average annual rate of 22.3%, while the Banks industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 16.7% per year. Thai Credit Bank's return on equity is 14.5%, and it has net margins of 33.1%.
Key information
22.3%
Earnings growth rate
19.0%
EPS growth rate
| Banks Industry Growth | 2.7% |
| Revenue growth rate | 16.7% |
| Return on equity | 14.5% |
| Net Margin | 33.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Thai Credit 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 | 9,583 | 3,172 | 4,448 | 0 |
| 30 Jun 24 | 9,174 | 2,996 | 4,308 | 0 |
| 31 Mar 24 | 9,038 | 3,080 | 4,138 | 0 |
| 31 Dec 23 | 9,399 | 3,557 | 3,974 | 0 |
| 30 Sep 23 | 8,836 | 3,204 | 3,898 | 0 |
| 31 Dec 22 | 7,396 | 2,353 | 3,660 | 0 |
| 31 Dec 21 | 6,132 | 1,935 | 3,127 | 0 |
| 31 Dec 20 | 4,852 | 1,373 | 2,777 | 0 |
| 31 Dec 19 | 3,883 | 710 | 2,455 | 0 |
| 31 Dec 18 | 3,380 | 771 | 1,975 | 0 |
| 31 Dec 17 | 2,661 | 531 | 1,679 | 0 |
| 31 Dec 16 | 1,937 | 326 | 1,345 | 0 |
| 31 Dec 15 | 1,450 | 111 | 1,144 | 0 |
| 31 Dec 14 | 1,236 | 47 | 966 | 0 |
Quality Earnings: CREDIT has high quality earnings.
Growing Profit Margin: CREDIT's current net profit margins (33.1%) are lower than last year (36.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CREDIT's earnings have grown significantly by 22.3% per year over the past 5 years.
Accelerating Growth: CREDIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CREDIT had negative earnings growth (-1%) over the past year, making it difficult to compare to the Banks industry average (0.6%).
Return on Equity
High ROE: CREDIT's Return on Equity (14.5%) is considered low.