Citizens Bancorp of Virginia Past Earnings Performance
Past criteria checks 3/6
Citizens Bancorp of Virginia has been growing earnings at an average annual rate of 15.4%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 8.5% per year. Citizens Bancorp of Virginia's return on equity is 14.2%, and it has net margins of 36.8%.
Key information
15.4%
Earnings growth rate
16.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 8.5% |
| Return on equity | 14.2% |
| Net Margin | 36.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Citizens Bancorp of Virginia 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 | 23 | 8 | 10 | 0 |
| 30 Sep 23 | 24 | 10 | 10 | 0 |
| 30 Jun 23 | 24 | 9 | 10 | 0 |
| 31 Mar 23 | 23 | 9 | 10 | 0 |
| 31 Dec 22 | 22 | 8 | 9 | 0 |
| 30 Sep 22 | 19 | 7 | 9 | 0 |
| 30 Jun 22 | 18 | 6 | 9 | 0 |
| 31 Mar 22 | 18 | 5 | 8 | 0 |
| 31 Dec 21 | 18 | 6 | 8 | 0 |
| 30 Sep 21 | 17 | 5 | 8 | 0 |
| 30 Jun 21 | 17 | 5 | 8 | 0 |
| 31 Mar 21 | 16 | 5 | 7 | 0 |
| 31 Dec 20 | 16 | 5 | 7 | 0 |
| 30 Sep 20 | 16 | 5 | 8 | 0 |
| 30 Jun 20 | 17 | 5 | 8 | 0 |
| 31 Mar 20 | 17 | 5 | 8 | 0 |
| 31 Dec 19 | 17 | 5 | 8 | 0 |
| 30 Sep 19 | 17 | 5 | 8 | 0 |
| 30 Jun 19 | 17 | 5 | 8 | 0 |
| 31 Mar 19 | 16 | 5 | 8 | 0 |
| 31 Dec 18 | 16 | 5 | 8 | 0 |
| 30 Sep 18 | 16 | 4 | 7 | 0 |
| 30 Jun 18 | 15 | 4 | 7 | 0 |
| 31 Mar 18 | 15 | 4 | 7 | 0 |
| 31 Dec 17 | 14 | 4 | 7 | 0 |
| 30 Sep 17 | 14 | 4 | 7 | 0 |
| 30 Jun 17 | 14 | 4 | 7 | 0 |
| 31 Mar 17 | 14 | 4 | 7 | 0 |
| 31 Dec 16 | 14 | 4 | 7 | 0 |
| 30 Sep 16 | 14 | 3 | 7 | 0 |
| 30 Jun 16 | 14 | 3 | 7 | 0 |
| 31 Mar 16 | 14 | 4 | 7 | 0 |
| 31 Dec 15 | 14 | 4 | 7 | 0 |
| 30 Sep 15 | 14 | 4 | 6 | 0 |
| 30 Jun 15 | 14 | 4 | 7 | 0 |
| 31 Mar 15 | 14 | 4 | 7 | 0 |
| 31 Dec 14 | 14 | 4 | 7 | 0 |
| 30 Sep 14 | 14 | 4 | 7 | 0 |
| 30 Jun 14 | 14 | 4 | 7 | 0 |
| 31 Mar 14 | 14 | 4 | 7 | 0 |
| 31 Dec 13 | 14 | 4 | 7 | 0 |
| 30 Sep 13 | 14 | 3 | 7 | 0 |
Quality Earnings: CZBT has high quality earnings.
Growing Profit Margin: CZBT's current net profit margins (36.8%) are lower than last year (37.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CZBT's earnings have grown by 15.4% per year over the past 5 years.
Accelerating Growth: CZBT's earnings growth over the past year (4.1%) is below its 5-year average (15.4% per year).
Earnings vs Industry: CZBT earnings growth over the past year (4.1%) exceeded the Banks industry -14.4%.
Return on Equity
High ROE: CZBT's Return on Equity (14.2%) is considered low.