Adirondack Trust Past Earnings Performance
Past criteria checks 2/6
Adirondack Trust has been growing earnings at an average annual rate of 5.1%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 4% per year. Adirondack Trust's return on equity is 9.2%, and it has net margins of 20.2%.
Key information
5.1%
Earnings growth rate
5.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.0% |
| Return on equity | 9.2% |
| Net Margin | 20.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Adirondack Trust 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 Dec 23 | 67 | 13 | 41 | 0 |
| 31 Dec 22 | 68 | 17 | 38 | 0 |
| 31 Dec 21 | 66 | 14 | 37 | 0 |
| 31 Dec 20 | 54 | 8 | 36 | 0 |
| 31 Dec 19 | 59 | 13 | 35 | 0 |
| 31 Dec 18 | 57 | 12 | 33 | 0 |
| 31 Dec 17 | 52 | 8 | 32 | 0 |
| 31 Dec 16 | 49 | 7 | 27 | 0 |
| 31 Dec 15 | 46 | 6 | 27 | 0 |
| 31 Dec 14 | 44 | 5 | 25 | 0 |
| 31 Dec 13 | 45 | 7 | 25 | 0 |
Quality Earnings: ADKT has high quality earnings.
Growing Profit Margin: ADKT's current net profit margins (20.2%) are lower than last year (24.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ADKT's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: ADKT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ADKT had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: ADKT's Return on Equity (9.2%) is considered low.