Redwood Capital Bancorp Past Earnings Performance
Past criteria checks 3/6
Redwood Capital Bancorp has been growing earnings at an average annual rate of 13.7%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 9.1% per year. Redwood Capital Bancorp's return on equity is 15.4%, and it has net margins of 29.8%.
Key information
13.7%
Earnings growth rate
13.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 9.1% |
| Return on equity | 15.4% |
| Net Margin | 29.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Redwood Capital Bancorp 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 | 24 | 7 | 10 | 0 |
| 31 Dec 23 | 24 | 7 | 10 | 0 |
| 30 Sep 23 | 24 | 7 | 9 | 0 |
| 30 Jun 23 | 23 | 7 | 9 | 0 |
| 31 Mar 23 | 23 | 7 | 9 | 0 |
| 31 Dec 22 | 21 | 6 | 9 | 0 |
| 30 Sep 22 | 20 | 5 | 8 | 0 |
| 30 Jun 22 | 19 | 5 | 8 | 0 |
| 31 Mar 22 | 19 | 5 | 8 | 0 |
| 31 Dec 21 | 20 | 6 | 8 | 0 |
| 30 Sep 21 | 20 | 6 | 8 | 0 |
| 30 Jun 21 | 19 | 6 | 8 | 0 |
| 31 Mar 21 | 18 | 5 | 8 | 0 |
| 31 Dec 20 | 17 | 4 | 8 | 0 |
| 30 Sep 20 | 16 | 4 | 8 | 0 |
| 30 Jun 20 | 16 | 4 | 8 | 0 |
| 31 Mar 20 | 16 | 4 | 8 | 0 |
| 31 Dec 19 | 17 | 4 | 8 | 0 |
| 30 Sep 19 | 17 | 4 | 7 | 0 |
| 30 Jun 19 | 16 | 4 | 7 | 0 |
| 31 Mar 19 | 16 | 4 | 7 | 0 |
| 31 Dec 18 | 16 | 4 | 7 | 0 |
| 30 Sep 18 | 15 | 3 | 6 | 0 |
| 30 Jun 18 | 15 | 3 | 6 | 0 |
| 31 Mar 18 | 15 | 3 | 6 | 0 |
| 31 Dec 17 | 14 | 3 | 6 | 0 |
| 30 Sep 17 | 14 | 3 | 6 | 0 |
| 30 Jun 17 | 14 | 3 | 6 | 0 |
| 31 Mar 17 | 13 | 3 | 6 | 0 |
| 31 Dec 16 | 13 | 3 | 6 | 0 |
| 30 Sep 16 | 13 | 3 | 6 | 0 |
| 30 Jun 16 | 13 | 3 | 6 | 0 |
| 31 Mar 16 | 12 | 2 | 6 | 0 |
| 31 Dec 15 | 12 | 2 | 6 | 0 |
| 30 Sep 15 | 12 | 2 | 5 | 0 |
| 30 Jun 15 | 11 | 2 | 5 | 0 |
| 31 Mar 15 | 11 | 2 | 5 | 0 |
| 31 Dec 14 | 11 | 2 | 5 | 0 |
| 30 Sep 14 | 10 | 2 | 4 | 0 |
| 30 Jun 14 | 10 | 2 | 4 | 0 |
| 31 Mar 14 | 10 | 2 | 0 | 0 |
| 31 Dec 13 | 10 | 2 | 4 | 0 |
| 30 Sep 13 | 10 | 2 | 4 | 0 |
| 30 Jun 13 | 10 | 2 | 4 | 0 |
Quality Earnings: RWCB has high quality earnings.
Growing Profit Margin: RWCB's current net profit margins (29.8%) are lower than last year (30.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RWCB's earnings have grown by 13.7% per year over the past 5 years.
Accelerating Growth: RWCB's earnings growth over the past year (0.3%) is below its 5-year average (13.7% per year).
Earnings vs Industry: RWCB earnings growth over the past year (0.3%) exceeded the Banks industry -12.4%.
Return on Equity
High ROE: RWCB's Return on Equity (15.4%) is considered low.