River Financial Past Earnings Performance

Past criteria checks 5/6

River Financial has been growing earnings at an average annual rate of 16.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 15.4% per year. River Financial's return on equity is 13%, and it has net margins of 30%.

Key information

16.7%

Earnings growth rate

13.2%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	15.4%
Return on equity	13.0%
Net Margin	30.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How River Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:RVRF Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	101	30	51
30 Jun 24	96	27	50
31 Mar 24	97	27	50
31 Dec 23	95	27	50
30 Sep 23	91	24	48
30 Jun 23	91	25	47
31 Mar 23	87	25	44
31 Dec 22	87	28	42
30 Sep 22	85	28	40
30 Jun 22	82	27	39
31 Mar 22	79	26	38
31 Dec 21	76	25	36
30 Sep 21	74	25	34
30 Jun 21	69	23	33
31 Mar 21	64	20	31
31 Dec 20	58	17	30
30 Sep 20	55	14	30
30 Jun 20	52	13	29
31 Mar 20	50	12	28
31 Dec 19	47	11	27
30 Sep 19	44	10	26
30 Jun 19	41	9	24
31 Mar 19	39	9	23
31 Dec 18	37	9	22
30 Sep 18	35	8	19
30 Jun 18	35	8	19
31 Mar 18	34	8	18
31 Dec 17	34	8	17
30 Sep 17	34	9	17
30 Jun 17	33	9	17
31 Mar 17	33	8	16
31 Dec 16	32	8	17
30 Sep 16	28	6	16
30 Jun 16	24	4	15
31 Mar 16	21	3	13
31 Dec 15	17	2	12
30 Sep 15	17	4	10
30 Jun 15	17	4	10
31 Mar 15	16	4	9
31 Dec 14	16	3	9
31 Dec 13	15	3	8

Quality Earnings: RVRF has high quality earnings.

Growing Profit Margin: RVRF's current net profit margins (30%) are higher than last year (26.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RVRF's earnings have grown by 16.7% per year over the past 5 years.

Accelerating Growth: RVRF's earnings growth over the past year (23.7%) exceeds its 5-year average (16.7% per year).

Earnings vs Industry: RVRF earnings growth over the past year (23.7%) exceeded the Banks industry -11.8%.

Return on Equity

High ROE: RVRF's Return on Equity (13%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 10:28
End of Day Share Price	2024/12/06 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

River Financial Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution