Golden State Bancorp Past Earnings Performance
Past criteria checks 2/6
Golden State Bancorp has been growing earnings at an average annual rate of 11.2%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 21.2% per year. Golden State Bancorp's return on equity is 12.2%, and it has net margins of 29.3%.
Key information
11.2%
Earnings growth rate
14.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 21.2% |
| Return on equity | 12.2% |
| Net Margin | 29.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Golden State 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 Dec 23 | 26 | 8 | 10 | 0 |
| 30 Sep 23 | 26 | 8 | 13 | 0 |
| 30 Jun 23 | 26 | 9 | 8 | 0 |
| 31 Mar 23 | 25 | 8 | 8 | 0 |
| 31 Dec 22 | 23 | 8 | 8 | 0 |
| 30 Sep 22 | 21 | 7 | 7 | 0 |
| 30 Jun 22 | 19 | 6 | 7 | 0 |
| 31 Mar 22 | 17 | 4 | 7 | 0 |
| 31 Dec 21 | 16 | 4 | 7 | 0 |
| 30 Sep 21 | 14 | 2 | 7 | 0 |
| 30 Jun 21 | 13 | 1 | 7 | 0 |
| 31 Mar 21 | 12 | 0 | 7 | 0 |
| 31 Dec 20 | 11 | -1 | 7 | 0 |
| 30 Sep 20 | 11 | -1 | 5 | 0 |
| 30 Jun 20 | 12 | 0 | 5 | 0 |
| 31 Mar 20 | 12 | 1 | 5 | 0 |
| 31 Dec 19 | 12 | 1 | 5 | 0 |
| 30 Sep 19 | 12 | 8 | 4 | 0 |
| 30 Jun 19 | 12 | 8 | 4 | 0 |
| 31 Mar 19 | 11 | 9 | 4 | 0 |
| 31 Dec 18 | 11 | 9 | 4 | 0 |
| 30 Sep 18 | 9 | 3 | 3 | 0 |
| 30 Jun 18 | 9 | 3 | 3 | 0 |
| 31 Mar 18 | 8 | 2 | 3 | 0 |
| 31 Dec 17 | 7 | 2 | 3 | 0 |
| 30 Sep 17 | 7 | 2 | 3 | 0 |
| 30 Jun 17 | 6 | 1 | 3 | 0 |
| 31 Mar 17 | 6 | 1 | 3 | 0 |
| 31 Dec 16 | 6 | 0 | 3 | 0 |
| 31 Dec 15 | 4 | -1 | 3 | 0 |
Quality Earnings: GSBX has high quality earnings.
Growing Profit Margin: GSBX's current net profit margins (29.3%) are lower than last year (33.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GSBX's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: GSBX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GSBX had negative earnings growth (-0.8%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: GSBX's Return on Equity (12.2%) is considered low.