Lumbee Guaranty Bank Past Earnings Performance
Past criteria checks 5/6
Lumbee Guaranty Bank has been growing earnings at an average annual rate of 15.8%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 6.3% per year. Lumbee Guaranty Bank's return on equity is 14.1%, and it has net margins of 30.2%.
Key information
15.8%
Earnings growth rate
16.3%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.3% |
| Return on equity | 14.1% |
| Net Margin | 30.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Lumbee Guaranty Bank 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 | 20 | 6 | 10 | 0 |
| 31 Dec 22 | 17 | 5 | 10 | 0 |
| 31 Dec 21 | 16 | 4 | 10 | 0 |
| 31 Dec 20 | 14 | 2 | 9 | 0 |
| 31 Dec 19 | 15 | 3 | 10 | 0 |
| 31 Dec 18 | 14 | 3 | 9 | 0 |
| 31 Dec 17 | 14 | 2 | 9 | 0 |
| 31 Dec 16 | 14 | 2 | 10 | 0 |
| 31 Dec 15 | 14 | 2 | 9 | 0 |
| 31 Dec 14 | 14 | 2 | 9 | 0 |
| 31 Dec 13 | 13 | 2 | 8 | 0 |
Quality Earnings: LUMB has high quality earnings.
Growing Profit Margin: LUMB's current net profit margins (30.2%) are higher than last year (29.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LUMB's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: LUMB's earnings growth over the past year (20.7%) exceeds its 5-year average (15.8% per year).
Earnings vs Industry: LUMB earnings growth over the past year (20.7%) exceeded the Banks industry -11.8%.
Return on Equity
High ROE: LUMB's Return on Equity (14.1%) is considered low.