First Ottawa Bancshares Past Earnings Performance
Past criteria checks 4/6
First Ottawa Bancshares has been growing earnings at an average annual rate of 25.8%, while the Banks industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 7.2% per year. First Ottawa Bancshares's return on equity is 16.3%, and it has net margins of 29.5%.
Key information
25.8%
Earnings growth rate
24.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 7.2% |
| Return on equity | 16.3% |
| Net Margin | 29.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How First Ottawa 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 |
|---|---|---|---|---|
| 30 Jun 24 | 52 | 15 | 26 | 0 |
| 31 Mar 24 | 51 | 15 | 26 | 0 |
| 31 Dec 23 | 49 | 14 | 26 | 0 |
| 30 Sep 23 | 49 | 13 | 28 | 0 |
| 30 Jun 23 | 48 | 13 | 28 | 0 |
| 31 Mar 23 | 49 | 13 | 28 | 0 |
| 31 Dec 22 | 47 | 12 | 27 | 0 |
| 30 Sep 22 | 44 | 12 | 26 | 0 |
| 30 Jun 22 | 44 | 12 | 25 | 0 |
| 31 Mar 22 | 41 | 11 | 24 | 0 |
| 31 Dec 21 | 42 | 12 | 24 | 0 |
| 31 Dec 20 | 28 | 3 | 21 | 0 |
| 31 Dec 19 | 16 | 2 | 11 | 0 |
| 31 Dec 18 | 14 | 4 | 8 | 0 |
| 31 Dec 17 | 14 | 3 | 8 | 0 |
| 31 Dec 16 | 14 | 3 | 7 | 0 |
| 31 Dec 15 | 13 | 2 | 7 | 0 |
Quality Earnings: FOTB has high quality earnings.
Growing Profit Margin: FOTB's current net profit margins (29.5%) are higher than last year (26.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FOTB's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: FOTB's earnings growth over the past year (21%) is below its 5-year average (25.8% per year).
Earnings vs Industry: FOTB earnings growth over the past year (21%) exceeded the Banks industry -11.8%.
Return on Equity
High ROE: FOTB's Return on Equity (16.3%) is considered low.