Oconee Financial Past Earnings Performance
Past criteria checks 4/6
Oconee Financial has been growing earnings at an average annual rate of 15.8%, while the Banks industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 7.7% per year. Oconee Financial's return on equity is 16.1%, and it has net margins of 26.7%.
Key information
15.8%
Earnings growth rate
15.5%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 7.7% |
| Return on equity | 16.1% |
| Net Margin | 26.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Oconee Financial 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 23 | 24 | 6 | 12 | 0 |
| 30 Jun 23 | 23 | 4 | 11 | 0 |
| 31 Mar 23 | 23 | 5 | 11 | 0 |
| 31 Dec 22 | 21 | 4 | 11 | 0 |
| 30 Sep 22 | 20 | 4 | 11 | 0 |
| 30 Jun 22 | 20 | 3 | 11 | 0 |
| 31 Mar 22 | 19 | 3 | 11 | 0 |
| 31 Dec 21 | 20 | 3 | 11 | 0 |
| 30 Sep 21 | 19 | 3 | 11 | 0 |
| 30 Jun 21 | 19 | 2 | 11 | 0 |
| 31 Mar 21 | 19 | 3 | 11 | 0 |
| 31 Dec 20 | 18 | 2 | 11 | 0 |
| 30 Sep 20 | 19 | 3 | 11 | 0 |
| 30 Jun 20 | 19 | 4 | 10 | 0 |
| 31 Mar 20 | 18 | 3 | 10 | 0 |
| 31 Dec 19 | 18 | 4 | 10 | 0 |
| 31 Dec 18 | 14 | 2 | 9 | 0 |
| 31 Dec 13 | 10 | 1 | 5 | 0 |
Quality Earnings: OSBK has a large one-off gain of $2.1M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: OSBK's current net profit margins (26.7%) are higher than last year (17.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OSBK's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: OSBK's earnings growth over the past year (78.4%) exceeds its 5-year average (15.8% per year).
Earnings vs Industry: OSBK earnings growth over the past year (78.4%) exceeded the Banks industry -13.2%.
Return on Equity
High ROE: OSBK's Return on Equity (16.1%) is considered low.