River City Bank Past Earnings Performance
Past criteria checks 5/6
River City Bank has been growing earnings at an average annual rate of 19.2%, while the Banks industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 14.8% per year. River City Bank's return on equity is 14.4%, and it has net margins of 49.8%.
Key information
19.2%
Earnings growth rate
18.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 14.8% |
| Return on equity | 14.4% |
| Net Margin | 49.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How River City 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 | 121 | 60 | 28 | 0 |
| 31 Dec 22 | 100 | 48 | 27 | 0 |
| 31 Dec 21 | 93 | 44 | 25 | 0 |
| 31 Dec 20 | 73 | 32 | 24 | 0 |
| 31 Dec 19 | 63 | 25 | 23 | 0 |
| 31 Dec 18 | 59 | 24 | 21 | 0 |
| 31 Dec 17 | 61 | 16 | 21 | 0 |
| 31 Dec 16 | 50 | 14 | 21 | 0 |
| 31 Dec 15 | 45 | 12 | 20 | 0 |
| 31 Dec 14 | 44 | 11 | 20 | 0 |
| 31 Dec 13 | 43 | 11 | 18 | 0 |
Quality Earnings: RCBC has high quality earnings.
Growing Profit Margin: RCBC's current net profit margins (49.8%) are higher than last year (47.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCBC's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: RCBC's earnings growth over the past year (26.2%) exceeds its 5-year average (19.2% per year).
Earnings vs Industry: RCBC earnings growth over the past year (26.2%) exceeded the Banks industry -13.1%.
Return on Equity
High ROE: RCBC's Return on Equity (14.4%) is considered low.