Highlands Bankshares Past Earnings Performance
Past criteria checks 2/6
Highlands Bankshares has been growing earnings at an average annual rate of 5.4%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 3.2% per year. Highlands Bankshares's return on equity is 6.4%, and it has net margins of 17.2%.
Key information
5.4%
Earnings growth rate
5.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 3.2% |
| Return on equity | 6.4% |
| Net Margin | 17.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Highlands Bankshares 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 | 21 | 4 | 14 | 0 |
| 31 Dec 22 | 22 | 4 | 14 | 0 |
| 30 Sep 22 | 22 | 4 | 14 | 0 |
| 30 Jun 22 | 22 | 5 | 14 | 0 |
| 31 Mar 22 | 22 | 5 | 14 | 0 |
| 31 Dec 21 | 22 | 5 | 14 | 0 |
| 30 Sep 21 | 21 | 5 | 13 | 0 |
| 30 Jun 21 | 20 | 4 | 13 | 0 |
| 31 Mar 21 | 19 | 4 | 13 | 0 |
| 31 Dec 20 | 19 | 3 | 13 | 0 |
| 30 Sep 20 | 19 | 3 | 13 | 0 |
| 30 Jun 20 | 19 | 4 | 13 | 0 |
| 31 Mar 20 | 20 | 4 | 13 | 0 |
| 31 Dec 19 | 19 | 4 | 13 | 0 |
| 30 Sep 19 | 19 | 3 | 13 | 0 |
| 30 Jun 19 | 19 | 3 | 13 | 0 |
| 31 Mar 19 | 19 | 4 | 13 | 0 |
| 31 Dec 18 | 19 | 4 | 12 | 0 |
| 30 Sep 18 | 19 | 3 | 12 | 0 |
| 30 Jun 18 | 19 | 3 | 12 | 0 |
| 31 Mar 18 | 19 | 3 | 12 | 0 |
| 31 Dec 17 | 19 | 2 | 12 | 0 |
| 30 Sep 17 | 19 | 4 | 12 | 0 |
| 30 Jun 17 | 18 | 3 | 12 | 0 |
| 31 Mar 17 | 18 | 4 | 12 | 0 |
| 31 Dec 16 | 19 | 4 | 12 | 0 |
| 30 Sep 16 | 19 | 4 | 12 | 0 |
| 30 Jun 16 | 19 | 4 | 12 | 0 |
| 31 Mar 16 | 19 | 3 | 12 | 0 |
| 31 Dec 15 | 18 | 3 | 12 | 0 |
| 30 Sep 15 | 19 | 3 | 12 | 0 |
| 30 Jun 15 | 19 | 4 | 12 | 0 |
| 31 Mar 15 | 19 | 3 | 11 | 0 |
| 31 Dec 14 | 19 | 3 | 11 | 0 |
| 31 Dec 13 | 16 | 2 | 11 | 0 |
Quality Earnings: HBSI has high quality earnings.
Growing Profit Margin: HBSI's current net profit margins (17.2%) are lower than last year (20%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HBSI's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: HBSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HBSI had negative earnings growth (-19.7%) over the past year, making it difficult to compare to the Banks industry average (-14.2%).
Return on Equity
High ROE: HBSI's Return on Equity (6.4%) is considered low.