ICBC Turkey Bank Past Earnings Performance
Past criteria checks 2/6
ICBC Turkey Bank has been growing earnings at an average annual rate of 59.8%, while the Banks industry saw earnings growing at 59.8% annually. Revenues have been growing at an average rate of 48.8% per year. ICBC Turkey Bank's return on equity is 20.7%, and it has net margins of 28.7%.
Key information
59.8%
Earnings growth rate
59.7%
EPS growth rate
| Banks Industry Growth | 60.1% |
| Revenue growth rate | 48.8% |
| Return on equity | 20.7% |
| Net Margin | 28.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How ICBC Turkey 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 | 3,872 | 1,110 | 1,419 | 0 |
| 31 Dec 23 | 4,090 | 1,474 | 1,153 | 0 |
| 30 Sep 23 | 3,822 | 1,698 | 991 | 0 |
| 30 Jun 23 | 4,267 | 2,071 | 881 | 0 |
| 31 Mar 23 | 3,187 | 1,571 | 736 | 0 |
| 31 Dec 22 | 2,874 | 1,401 | 658 | 0 |
| 30 Sep 22 | 2,741 | 1,263 | 578 | 0 |
| 30 Jun 22 | 1,984 | 824 | 479 | 0 |
| 31 Mar 22 | 1,513 | 478 | 420 | 0 |
| 31 Dec 21 | 996 | 187 | 370 | 0 |
| 30 Sep 21 | 861 | 203 | 320 | 0 |
| 30 Jun 21 | 789 | 167 | 295 | 0 |
| 31 Mar 21 | 669 | 97 | 284 | 0 |
| 31 Dec 20 | 638 | 91 | 270 | 0 |
| 30 Sep 20 | 634 | 105 | 263 | 0 |
| 30 Jun 20 | 627 | 122 | 254 | 0 |
| 31 Mar 20 | 626 | 130 | 236 | 0 |
| 31 Dec 19 | 529 | 72 | 217 | 0 |
| 30 Sep 19 | 449 | 65 | 212 | 0 |
| 30 Jun 19 | 428 | 57 | 220 | 0 |
| 31 Mar 19 | 445 | 83 | 217 | 0 |
| 31 Dec 18 | 417 | 84 | 209 | 0 |
| 30 Sep 18 | 392 | 62 | 158 | 0 |
| 30 Jun 18 | 383 | 74 | 101 | 0 |
| 31 Mar 18 | 316 | 52 | 56 | 0 |
| 31 Dec 17 | 312 | 48 | 26 | 0 |
| 30 Sep 17 | 326 | 72 | 60 | 0 |
| 30 Jun 17 | 301 | 65 | 88 | 0 |
| 31 Mar 17 | 281 | 56 | 124 | 0 |
| 31 Dec 16 | 222 | 19 | 146 | 0 |
| 30 Sep 16 | 214 | 25 | 138 | 0 |
| 30 Jun 16 | 194 | 11 | 137 | 0 |
| 31 Mar 16 | 164 | -12 | 101 | 0 |
| 31 Dec 15 | 173 | 0 | 144 | 0 |
| 30 Sep 15 | 109 | -45 | 136 | 0 |
| 30 Jun 15 | 116 | -32 | 129 | 0 |
| 31 Mar 15 | 130 | -12 | 156 | 0 |
| 31 Dec 14 | 143 | 2 | 119 | 0 |
| 30 Sep 14 | 140 | 1 | 113 | 0 |
| 30 Jun 14 | 182 | 43 | 109 | 0 |
| 31 Mar 14 | 183 | 48 | 94 | 0 |
| 31 Dec 13 | 169 | 39 | 102 | 0 |
| 30 Sep 13 | 196 | 65 | 102 | 0 |
| 30 Jun 13 | 148 | 22 | 102 | 0 |
Quality Earnings: ICBCT has high quality earnings.
Growing Profit Margin: ICBCT's current net profit margins (28.7%) are lower than last year (49.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ICBCT's earnings have grown significantly by 59.8% per year over the past 5 years.
Accelerating Growth: ICBCT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ICBCT had negative earnings growth (-29.4%) over the past year, making it difficult to compare to the Banks industry average (19.2%).
Return on Equity
High ROE: Whilst ICBCT's Return on Equity (20.71%) is high, this metric is skewed due to their high level of debt.