Commencement Bancorp Past Earnings Performance
Past criteria checks 1/6
Commencement Bancorp's earnings have been declining at an average annual rate of -3.9%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 8.9% per year. Commencement Bancorp's return on equity is 6.4%, and it has net margins of 15.4%.
Key information
-3.9%
Earnings growth rate
-1.7%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 8.9% |
| Return on equity | 6.4% |
| Net Margin | 15.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Commencement 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 |
|---|---|---|---|---|
| 30 Jun 24 | 20 | 3 | 13 | 0 |
| 31 Mar 24 | 20 | 3 | 12 | 0 |
| 31 Dec 23 | 20 | 3 | 12 | 0 |
| 30 Sep 23 | 20 | 4 | 11 | 0 |
| 30 Jun 23 | 21 | 5 | 11 | 0 |
| 31 Mar 23 | 20 | 5 | 10 | 0 |
| 31 Dec 22 | 20 | 5 | 10 | 0 |
| 30 Sep 22 | 19 | 5 | 9 | 0 |
| 30 Jun 22 | 18 | 5 | 9 | 0 |
| 31 Mar 22 | 16 | 4 | 9 | 0 |
| 31 Dec 21 | 16 | 4 | 8 | 0 |
| 30 Sep 21 | 17 | 4 | 8 | 0 |
| 30 Jun 21 | 16 | 4 | 8 | 0 |
| 31 Mar 21 | 17 | 5 | 8 | 0 |
| 31 Dec 20 | 15 | 4 | 8 | 0 |
| 30 Sep 20 | 14 | 4 | 7 | 0 |
| 30 Jun 20 | 15 | 4 | 7 | 0 |
| 31 Mar 20 | 15 | 5 | 7 | 0 |
| 31 Dec 19 | 15 | 5 | 7 | 0 |
| 31 Dec 18 | 15 | 5 | 6 | 0 |
| 31 Dec 17 | 13 | 2 | 6 | 0 |
| 30 Sep 17 | 13 | 3 | 6 | 0 |
| 30 Jun 17 | 11 | 2 | 6 | 0 |
| 31 Mar 17 | 10 | 1 | 5 | 0 |
| 31 Dec 16 | 9 | 1 | 5 | 0 |
| 30 Sep 16 | 7 | 1 | 4 | 0 |
| 31 Dec 15 | 7 | 1 | 4 | 0 |
| 31 Dec 13 | 5 | 1 | 3 | 0 |
Quality Earnings: CBWA has high quality earnings.
Growing Profit Margin: CBWA's current net profit margins (15.4%) are lower than last year (23.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBWA's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: CBWA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBWA had negative earnings growth (-35.8%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: CBWA's Return on Equity (6.4%) is considered low.