Ballston Spa Bancorp Past Earnings Performance
Past criteria checks 2/6
Ballston Bancorp has been growing earnings at an average annual rate of 6.6%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 4.9% per year. Ballston Bancorp's return on equity is 7.6%, and it has net margins of 18.3%.
Key information
6.6%
Earnings growth rate
6.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.9% |
| Return on equity | 7.6% |
| Net Margin | 18.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Ballston Spa Bancorp 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 | 25 | 5 | 16 | 0 |
| 31 Dec 23 | 25 | 5 | 16 | 0 |
| 30 Sep 23 | 26 | 6 | 16 | 0 |
| 30 Jun 23 | 26 | 6 | 16 | 0 |
| 31 Mar 23 | 26 | 6 | 15 | 0 |
| 31 Dec 22 | 25 | 6 | 15 | 0 |
| 30 Sep 22 | 25 | 6 | 15 | 0 |
| 30 Jun 22 | 25 | 6 | 15 | 0 |
| 31 Mar 22 | 25 | 5 | 15 | 0 |
| 31 Dec 21 | 25 | 5 | 15 | 0 |
| 30 Sep 21 | 25 | 5 | 15 | 0 |
| 30 Jun 21 | 24 | 5 | 15 | 0 |
| 31 Mar 21 | 24 | 5 | 15 | 0 |
| 31 Dec 20 | 23 | 5 | 15 | 0 |
| 30 Sep 20 | 22 | 4 | 14 | 0 |
| 30 Jun 20 | 21 | 4 | 14 | 0 |
| 31 Mar 20 | 21 | 4 | 14 | 0 |
| 31 Dec 19 | 21 | 4 | 14 | 0 |
| 30 Sep 19 | 21 | 4 | 13 | 0 |
| 30 Jun 19 | 21 | 4 | 13 | 0 |
| 31 Mar 19 | 21 | 5 | 13 | 0 |
| 31 Dec 18 | 21 | 5 | 13 | 0 |
| 30 Sep 18 | 21 | 5 | 13 | 0 |
| 30 Jun 18 | 20 | 4 | 13 | 0 |
| 31 Mar 18 | 19 | 4 | 12 | 0 |
| 31 Dec 17 | 18 | 3 | 12 | 0 |
| 30 Sep 17 | 18 | 3 | 11 | 0 |
| 30 Jun 17 | 17 | 3 | 11 | 0 |
| 31 Mar 17 | 16 | 3 | 11 | 0 |
| 31 Dec 16 | 16 | 2 | 11 | 0 |
| 30 Sep 16 | 15 | 2 | 10 | 0 |
| 30 Jun 16 | 16 | 2 | 10 | 0 |
| 31 Mar 16 | 15 | 2 | 10 | 0 |
| 31 Dec 15 | 15 | 2 | 10 | 0 |
| 30 Sep 15 | 15 | 2 | 10 | 0 |
| 30 Jun 15 | 15 | 2 | 10 | 0 |
| 31 Mar 15 | 15 | 2 | 10 | 0 |
| 31 Dec 14 | 15 | 2 | 9 | 0 |
| 30 Sep 14 | 15 | 2 | 10 | 0 |
| 30 Jun 14 | 15 | 2 | 10 | 0 |
| 31 Mar 14 | 15 | 2 | 10 | 0 |
| 31 Dec 13 | 15 | 3 | 10 | 0 |
| 30 Sep 13 | 15 | 3 | 10 | 0 |
Quality Earnings: BSPA has high quality earnings.
Growing Profit Margin: BSPA's current net profit margins (18.3%) are lower than last year (24.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BSPA's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: BSPA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSPA had negative earnings growth (-26.9%) over the past year, making it difficult to compare to the Banks industry average (-13.9%).
Return on Equity
High ROE: BSPA's Return on Equity (7.6%) is considered low.