Citizens Bancshares Past Earnings Performance
Past criteria checks 3/6
Citizens Bancshares has been growing earnings at an average annual rate of 134.6%, while the Banks industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 46.5% per year. Citizens Bancshares's return on equity is 5.5%, and it has net margins of 30.5%.
Key information
134.6%
Earnings growth rate
135.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 46.5% |
| Return on equity | 5.5% |
| Net Margin | 30.5% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Citizens Bancshares 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 22 | 30 | 9 | 13 | 0 |
| 31 Dec 21 | 21 | 4 | 11 | 0 |
| 31 Dec 20 | 23 | 5 | 10 | 0 |
| 31 Dec 19 | 20 | 4 | 10 | 0 |
| 31 Dec 18 | 20 | 4 | 10 | 0 |
| 31 Dec 17 | 19 | 1 | 9 | 0 |
| 31 Dec 16 | 17 | 2 | 9 | 0 |
| 30 Sep 16 | 16 | 2 | 9 | 0 |
| 30 Jun 16 | 17 | 2 | 9 | 0 |
| 31 Mar 16 | 16 | 2 | 9 | 0 |
| 31 Dec 15 | 17 | 2 | 9 | 0 |
| 30 Sep 15 | 17 | 2 | 9 | 0 |
| 30 Jun 15 | 16 | 1 | 9 | 0 |
| 31 Mar 15 | 17 | 2 | 9 | 0 |
| 31 Dec 14 | 17 | 2 | 9 | 0 |
| 30 Sep 14 | 17 | 2 | 9 | 0 |
| 30 Jun 14 | 17 | 1 | 9 | 0 |
| 31 Mar 14 | 17 | 1 | 9 | 0 |
| 31 Dec 13 | 17 | 1 | 9 | 0 |
| 30 Sep 13 | 17 | 1 | 9 | 0 |
| 30 Jun 13 | 17 | 1 | 9 | 0 |
Quality Earnings: CZBS has high quality earnings.
Growing Profit Margin: CZBS's current net profit margins (30.5%) are higher than last year (19%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if CZBS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare CZBS's past year earnings growth to its 5-year average.
Earnings vs Industry: CZBS earnings growth over the past year (134.6%) exceeded the Banks industry -9%.
Return on Equity
High ROE: CZBS's Return on Equity (5.5%) is considered low.