Cornerstone Community Bancorp Past Earnings Performance
Past criteria checks 2/6
Cornerstone Community Bancorp has been growing earnings at an average annual rate of 18.8%, while the Banks industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 16.8% per year. Cornerstone Community Bancorp's return on equity is 15.9%, and it has net margins of 31.6%.
Key information
18.8%
Earnings growth rate
18.3%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 16.8% |
| Return on equity | 15.9% |
| Net Margin | 31.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Cornerstone Community 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 | 22 | 7 | 8 | 0 |
| 31 Dec 23 | 23 | 7 | 8 | 0 |
| 30 Sep 23 | 22 | 7 | 8 | 0 |
| 30 Jun 23 | 22 | 7 | 8 | 0 |
| 31 Mar 23 | 21 | 7 | 7 | 0 |
| 31 Dec 22 | 20 | 7 | 7 | 0 |
| 30 Sep 22 | 20 | 7 | 6 | 0 |
| 30 Jun 22 | 20 | 7 | 5 | 0 |
| 31 Mar 22 | 19 | 8 | 5 | 0 |
| 31 Dec 21 | 19 | 8 | 5 | 0 |
| 30 Sep 21 | 19 | 8 | 4 | 0 |
| 30 Jun 21 | 18 | 7 | 4 | 0 |
| 31 Mar 21 | 16 | 7 | 4 | 0 |
| 31 Dec 20 | 13 | 5 | 4 | 0 |
| 30 Sep 20 | 12 | 3 | 4 | 0 |
| 30 Jun 20 | 11 | 3 | 4 | 0 |
| 31 Mar 20 | 11 | 3 | 5 | 0 |
| 31 Dec 19 | 12 | 3 | 4 | 0 |
| 30 Sep 19 | 12 | 3 | 5 | 0 |
| 30 Jun 19 | 11 | 3 | 5 | 0 |
| 31 Mar 19 | 11 | 3 | 4 | 0 |
| 31 Dec 18 | 10 | 3 | 4 | 0 |
| 30 Sep 18 | 10 | 2 | 4 | 0 |
| 30 Jun 18 | 10 | 2 | 4 | 0 |
| 31 Mar 18 | 9 | 2 | 4 | 0 |
| 31 Dec 17 | 9 | 2 | 4 | 0 |
| 30 Sep 17 | 9 | 2 | 4 | 0 |
| 30 Jun 17 | 8 | 2 | 4 | 0 |
| 31 Mar 17 | 8 | 2 | 3 | 0 |
| 31 Dec 16 | 7 | 1 | 4 | 0 |
| 30 Sep 16 | 7 | 1 | 3 | 0 |
| 30 Jun 16 | 7 | 1 | 3 | 0 |
| 31 Mar 16 | 7 | 1 | 3 | 0 |
| 31 Dec 15 | 7 | 1 | 4 | 0 |
| 30 Sep 15 | 7 | 1 | 3 | 0 |
| 30 Jun 15 | 7 | 1 | 3 | 0 |
| 31 Mar 15 | 7 | 1 | 3 | 0 |
| 31 Dec 14 | 6 | 1 | 3 | 0 |
| 30 Sep 14 | 6 | 1 | 3 | 0 |
| 30 Jun 14 | 6 | 1 | 3 | 0 |
| 31 Mar 14 | 6 | 1 | 3 | 0 |
| 31 Dec 13 | 5 | 1 | 3 | 0 |
| 30 Sep 13 | 5 | 1 | 3 | 0 |
| 30 Jun 13 | 5 | 1 | 3 | 0 |
Quality Earnings: CRSB has high quality earnings.
Growing Profit Margin: CRSB's current net profit margins (31.6%) are lower than last year (34.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRSB's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: CRSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRSB had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Banks industry average (-13.2%).
Return on Equity
High ROE: CRSB's Return on Equity (15.9%) is considered low.