QNB Past Earnings Performance
Past criteria checks 2/6
QNB has been growing earnings at an average annual rate of 2.5%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 4.4% per year. QNB's return on equity is 8.5%, and it has net margins of 17.9%.
Key information
2.5%
Earnings growth rate
1.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.4% |
| Return on equity | 8.5% |
| Net Margin | 17.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How QNB 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 Mar 24 | 44 | 8 | 29 | 0 |
| 31 Dec 23 | 46 | 9 | 29 | 0 |
| 30 Sep 23 | 51 | 14 | 28 | 0 |
| 30 Jun 23 | 51 | 15 | 28 | 0 |
| 31 Mar 23 | 52 | 16 | 27 | 0 |
| 31 Dec 22 | 51 | 16 | 27 | 0 |
| 30 Sep 22 | 49 | 15 | 27 | 0 |
| 30 Jun 22 | 49 | 15 | 27 | 0 |
| 31 Mar 22 | 50 | 15 | 27 | 0 |
| 31 Dec 21 | 51 | 16 | 26 | 0 |
| 30 Sep 21 | 51 | 16 | 26 | 0 |
| 30 Jun 21 | 51 | 17 | 26 | 0 |
| 31 Mar 21 | 51 | 17 | 25 | 0 |
| 31 Dec 20 | 44 | 12 | 25 | 0 |
| 30 Sep 20 | 42 | 11 | 25 | 0 |
| 30 Jun 20 | 41 | 10 | 25 | 0 |
| 31 Mar 20 | 39 | 9 | 25 | 0 |
| 31 Dec 19 | 44 | 12 | 25 | 0 |
| 30 Sep 19 | 41 | 12 | 23 | 0 |
| 30 Jun 19 | 41 | 12 | 23 | 0 |
| 31 Mar 19 | 40 | 12 | 22 | 0 |
| 31 Dec 18 | 39 | 11 | 22 | 0 |
| 30 Sep 18 | 39 | 9 | 21 | 0 |
| 30 Jun 18 | 39 | 9 | 21 | 0 |
| 31 Mar 18 | 38 | 8 | 21 | 0 |
| 31 Dec 17 | 38 | 8 | 20 | 0 |
| 30 Sep 17 | 37 | 10 | 20 | 0 |
| 30 Jun 17 | 36 | 10 | 19 | 0 |
| 31 Mar 17 | 35 | 10 | 19 | 0 |
| 31 Dec 16 | 34 | 9 | 19 | 0 |
| 30 Sep 16 | 34 | 9 | 19 | 0 |
| 30 Jun 16 | 34 | 9 | 19 | 0 |
| 31 Mar 16 | 33 | 8 | 19 | 0 |
| 31 Dec 15 | 33 | 8 | 19 | 0 |
| 30 Sep 15 | 33 | 9 | 19 | 0 |
| 30 Jun 15 | 32 | 9 | 19 | 0 |
| 31 Mar 15 | 32 | 9 | 19 | 0 |
| 31 Dec 14 | 32 | 9 | 18 | 0 |
| 30 Sep 14 | 32 | 8 | 18 | 0 |
| 30 Jun 14 | 32 | 9 | 17 | 0 |
| 31 Mar 14 | 31 | 8 | 17 | 0 |
| 31 Dec 13 | 31 | 8 | 17 | 0 |
| 30 Sep 13 | 31 | 9 | 17 | 0 |
| 30 Jun 13 | 31 | 9 | 17 | 0 |
Quality Earnings: QNBC has high quality earnings.
Growing Profit Margin: QNBC's current net profit margins (17.9%) are lower than last year (31.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QNBC's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: QNBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: QNBC had negative earnings growth (-51.3%) over the past year, making it difficult to compare to the Banks industry average (-13.7%).
Return on Equity
High ROE: QNBC's Return on Equity (8.5%) is considered low.