CITBA Financial Past Earnings Performance
Past criteria checks 5/6
CITBA Financial has been growing earnings at an average annual rate of 2.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.2% per year. CITBA Financial's return on equity is 9.5%, and it has net margins of 23.1%.
Key information
2.7%
Earnings growth rate
4.5%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.2% |
| Return on equity | 9.5% |
| Net Margin | 23.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How CITBA Financial 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 | 24 | 5 | 15 | 0 |
| 31 Dec 22 | 23 | 5 | 14 | 0 |
| 31 Dec 21 | 22 | 5 | 14 | 0 |
| 31 Dec 20 | 21 | 5 | 12 | 0 |
| 31 Dec 19 | 20 | 5 | 11 | 0 |
| 31 Dec 18 | 19 | 4 | 11 | 0 |
| 31 Dec 17 | 18 | 3 | 10 | 0 |
| 31 Dec 16 | 17 | 3 | 10 | 0 |
| 30 Sep 16 | 17 | 3 | 10 | 0 |
| 31 Dec 15 | 17 | 3 | 10 | 0 |
| 31 Dec 14 | 16 | 1 | 12 | 0 |
| 31 Dec 13 | 17 | 2 | 10 | 0 |
Quality Earnings: CBAF has high quality earnings.
Growing Profit Margin: CBAF's current net profit margins (23.1%) are higher than last year (22%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBAF's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: CBAF's earnings growth over the past year (8.2%) exceeds its 5-year average (2.7% per year).
Earnings vs Industry: CBAF earnings growth over the past year (8.2%) exceeded the Banks industry -11.8%.
Return on Equity
High ROE: CBAF's Return on Equity (9.5%) is considered low.