Heritage NOLA Bancorp Past Earnings Performance
Past criteria checks 0/6
Heritage NOLA Bancorp's earnings have been declining at an average annual rate of -12%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 4.2% per year.
Key information
-12.0%
Earnings growth rate
-9.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.2% |
| Return on equity | -7.6% |
| Net Margin | -46.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Heritage NOLA 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 | 3 | -2 | 5 | 0 |
| 30 Sep 23 | 5 | 0 | 5 | 0 |
| 30 Jun 23 | 6 | 0 | 5 | 0 |
| 31 Mar 23 | 6 | 1 | 5 | 0 |
| 31 Dec 22 | 6 | 1 | 5 | 0 |
| 30 Sep 22 | 6 | 1 | 4 | 0 |
| 30 Jun 22 | 6 | 1 | 4 | 0 |
| 31 Mar 22 | 6 | 1 | 4 | 0 |
| 31 Dec 21 | 6 | 1 | 4 | 0 |
| 30 Sep 21 | 7 | 1 | 4 | 0 |
| 30 Jun 21 | 7 | 1 | 5 | 0 |
| 31 Mar 21 | 7 | 1 | 4 | 0 |
| 31 Dec 20 | 6 | 1 | 4 | 0 |
| 30 Sep 20 | 5 | 1 | 4 | 0 |
| 30 Jun 20 | 5 | 1 | 4 | 0 |
| 31 Mar 20 | 5 | 0 | 4 | 0 |
| 31 Dec 19 | 5 | 0 | 4 | 0 |
| 30 Sep 19 | 4 | 0 | 4 | 0 |
| 30 Jun 19 | 4 | 0 | 3 | 0 |
| 31 Mar 19 | 4 | 0 | 3 | 0 |
| 31 Dec 18 | 4 | 0 | 3 | 0 |
| 30 Sep 18 | 4 | 0 | 3 | 0 |
| 30 Jun 18 | 4 | 1 | 3 | 0 |
| 31 Mar 18 | 4 | 1 | 3 | 0 |
| 31 Dec 17 | 4 | 1 | 3 | 0 |
| 30 Sep 17 | 4 | 0 | 3 | 0 |
| 30 Jun 17 | 3 | 0 | 2 | 0 |
| 31 Mar 17 | 3 | 0 | 2 | 0 |
| 31 Dec 16 | 3 | 0 | 2 | 0 |
| 31 Dec 15 | 3 | 0 | 2 | 0 |
Quality Earnings: HRGG is currently unprofitable.
Growing Profit Margin: HRGG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HRGG is unprofitable, and losses have increased over the past 5 years at a rate of 12% per year.
Accelerating Growth: Unable to compare HRGG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HRGG is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-12.9%).
Return on Equity
High ROE: HRGG has a negative Return on Equity (-7.57%), as it is currently unprofitable.