First Citizens Group Financial Holdings Past Earnings Performance
Past criteria checks 3/6
First Citizens Group Financial Holdings has been growing earnings at an average annual rate of 7%, while the Banks industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 3.3% per year. First Citizens Group Financial Holdings's return on equity is 10.3%, and it has net margins of 33%.
Key information
7.0%
Earnings growth rate
7.0%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 3.3% |
| Return on equity | 10.3% |
| Net Margin | 33.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How First Citizens Group Financial Holdings 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 Jun 24 | 2,633 | 868 | 834 | 0 |
| 31 Mar 24 | 2,600 | 848 | 834 | 0 |
| 31 Dec 23 | 2,530 | 814 | 834 | 0 |
| 30 Sep 23 | 2,434 | 777 | 834 | 0 |
| 30 Jun 23 | 2,354 | 808 | 756 | 0 |
| 31 Mar 23 | 2,280 | 763 | 756 | 0 |
| 31 Dec 22 | 2,200 | 751 | 756 | 0 |
| 30 Sep 22 | 2,164 | 734 | 756 | 0 |
| 30 Jun 22 | 2,227 | 696 | 748 | 0 |
| 31 Mar 22 | 2,192 | 691 | 748 | 0 |
| 31 Dec 21 | 2,191 | 672 | 748 | 0 |
| 30 Sep 21 | 2,154 | 664 | 748 | 0 |
| 30 Jun 21 | 2,052 | 409 | 762 | 0 |
| 31 Mar 21 | 1,886 | 292 | 762 | 0 |
| 31 Dec 20 | 1,927 | 339 | 762 | 0 |
| 30 Sep 20 | 2,021 | 388 | 762 | 0 |
| 30 Jun 20 | 2,128 | 662 | 777 | 0 |
| 31 Mar 20 | 2,316 | 758 | 777 | 0 |
| 31 Dec 19 | 2,314 | 757 | 777 | 0 |
| 30 Sep 19 | 2,290 | 749 | 777 | 0 |
| 30 Jun 19 | 2,250 | 740 | 679 | 0 |
| 31 Mar 19 | 2,068 | 684 | 679 | 0 |
| 31 Dec 18 | 2,074 | 682 | 679 | 0 |
| 30 Sep 18 | 2,039 | 671 | 679 | 0 |
| 30 Jun 18 | 1,963 | 624 | 675 | 0 |
| 31 Mar 18 | 2,050 | 673 | 675 | 0 |
| 31 Dec 17 | 1,976 | 657 | 675 | 0 |
| 30 Sep 17 | 1,929 | 639 | 675 | 0 |
| 30 Jun 17 | 1,931 | 640 | 720 | 0 |
| 31 Mar 17 | 1,939 | 649 | 720 | 0 |
| 31 Dec 16 | 1,937 | 640 | 720 | 0 |
| 30 Sep 16 | 1,909 | 634 | 720 | 0 |
| 30 Jun 16 | 1,903 | 638 | 617 | 0 |
| 31 Mar 16 | 1,858 | 635 | 617 | 0 |
| 31 Dec 15 | 1,805 | 630 | 617 | 0 |
| 30 Sep 15 | 1,759 | 628 | 617 | 0 |
| 30 Jun 15 | 1,699 | 631 | 547 | 0 |
| 31 Mar 15 | 1,684 | 632 | 547 | 0 |
| 31 Dec 14 | 1,672 | 629 | 547 | 0 |
| 30 Sep 14 | 1,668 | 627 | 547 | 0 |
| 30 Jun 14 | 1,641 | 623 | 546 | 0 |
| 31 Mar 14 | 1,636 | 623 | 546 | 0 |
| 31 Dec 13 | 1,614 | 613 | 548 | 0 |
Quality Earnings: FCGFH has high quality earnings.
Growing Profit Margin: FCGFH's current net profit margins (33%) are lower than last year (34.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FCGFH's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: FCGFH's earnings growth over the past year (7.5%) exceeds its 5-year average (7% per year).
Earnings vs Industry: FCGFH earnings growth over the past year (7.5%) did not outperform the Banks industry 7.7%.
Return on Equity
High ROE: FCGFH's Return on Equity (10.3%) is considered low.