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Heritage Southeast Bancorporation Past Earnings Performance
Past criteria checks 3/6
Key information
37.1%
Earnings growth rate
15.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 22.8% |
| Return on equity | 10.5% |
| Net Margin | 22.1% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Heritage Southeast Bancorporation 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 Sep 22 | 72 | 16 | 34 | 0 |
| 30 Jun 22 | 70 | 14 | 33 | 0 |
| 31 Mar 22 | 69 | 13 | 32 | 0 |
| 31 Dec 21 | 70 | 14 | 32 | 0 |
| 30 Sep 21 | 68 | 12 | 45 | 0 |
| 30 Jun 21 | 63 | 9 | 44 | 0 |
| 31 Mar 21 | 59 | 7 | 44 | 0 |
| 31 Dec 20 | 56 | 4 | 44 | 0 |
| 31 Dec 19 | 37 | 1 | 25 | 0 |
| 31 Dec 18 | 23 | 4 | 15 | 0 |
| 31 Dec 17 | 20 | 1 | 11 | 0 |
| 31 Dec 16 | 16 | 7 | 10 | 0 |
Quality Earnings: HSBI has a large one-off loss of $5.2M impacting its September 30 2022 financial results.
Growing Profit Margin: HSBI's current net profit margins (22.1%) are higher than last year (17.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HSBI's earnings have grown significantly by 37.1% per year over the past 5 years.
Accelerating Growth: HSBI's earnings growth over the past year (35.8%) is below its 5-year average (37.1% per year).
Earnings vs Industry: HSBI earnings growth over the past year (35.8%) exceeded the Banks industry 4.6%.
Return on Equity
High ROE: HSBI's Return on Equity (10.5%) is considered low.