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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 101 | 30 | 51 | 0 |
| 30 Jun 24 | 96 | 27 | 50 | 0 |
| 31 Mar 24 | 97 | 27 | 50 | 0 |
| 31 Dec 23 | 95 | 27 | 50 | 0 |
| 30 Sep 23 | 91 | 24 | 48 | 0 |
| 30 Jun 23 | 91 | 25 | 47 | 0 |
| 31 Mar 23 | 87 | 25 | 44 | 0 |
| 31 Dec 22 | 87 | 28 | 42 | 0 |
| 30 Sep 22 | 85 | 28 | 40 | 0 |
| 30 Jun 22 | 82 | 27 | 39 | 0 |
| 31 Mar 22 | 79 | 26 | 38 | 0 |
| 31 Dec 21 | 76 | 25 | 36 | 0 |
| 30 Sep 21 | 74 | 25 | 34 | 0 |
| 30 Jun 21 | 69 | 23 | 33 | 0 |
| 31 Mar 21 | 64 | 20 | 31 | 0 |
| 31 Dec 20 | 58 | 17 | 30 | 0 |
| 30 Sep 20 | 55 | 14 | 30 | 0 |
| 30 Jun 20 | 52 | 13 | 29 | 0 |
| 31 Mar 20 | 50 | 12 | 28 | 0 |
| 31 Dec 19 | 47 | 11 | 27 | 0 |
| 30 Sep 19 | 44 | 10 | 26 | 0 |
| 30 Jun 19 | 41 | 9 | 24 | 0 |
| 31 Mar 19 | 39 | 9 | 23 | 0 |
| 31 Dec 18 | 37 | 9 | 22 | 0 |
| 30 Sep 18 | 35 | 8 | 19 | 0 |
| 30 Jun 18 | 35 | 8 | 19 | 0 |
| 31 Mar 18 | 34 | 8 | 18 | 0 |
| 31 Dec 17 | 34 | 8 | 17 | 0 |
| 30 Sep 17 | 34 | 9 | 17 | 0 |
| 30 Jun 17 | 33 | 9 | 17 | 0 |
| 31 Mar 17 | 33 | 8 | 16 | 0 |
| 31 Dec 16 | 32 | 8 | 17 | 0 |
| 30 Sep 16 | 28 | 6 | 16 | 0 |
| 30 Jun 16 | 24 | 4 | 15 | 0 |
| 31 Mar 16 | 21 | 3 | 13 | 0 |
| 31 Dec 15 | 17 | 2 | 12 | 0 |
| 30 Sep 15 | 17 | 4 | 10 | 0 |
| 30 Jun 15 | 17 | 4 | 10 | 0 |
| 31 Mar 15 | 16 | 4 | 9 | 0 |
| 31 Dec 14 | 16 | 3 | 9 | 0 |
| 31 Dec 13 | 15 | 3 | 8 | 0 |
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.