Security Bancorp Past Earnings Performance
Past criteria checks 5/6
Security Bancorp has been growing earnings at an average annual rate of 9.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 6.1% per year. Security Bancorp's return on equity is 10.8%, and it has net margins of 30.3%.
Key information
9.7%
Earnings growth rate
9.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.1% |
| Return on equity | 10.8% |
| Net Margin | 30.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Security 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 |
|---|---|---|---|---|
| 30 Sep 24 | 12 | 4 | 6 | 0 |
| 30 Jun 24 | 12 | 4 | 6 | 0 |
| 31 Mar 24 | 12 | 3 | 6 | 0 |
| 31 Dec 23 | 11 | 3 | 6 | 0 |
| 30 Sep 23 | 11 | 3 | 5 | 0 |
| 30 Jun 23 | 11 | 3 | 5 | 0 |
| 31 Mar 23 | 11 | 3 | 5 | 0 |
| 31 Dec 22 | 11 | 3 | 5 | 0 |
| 30 Sep 22 | 10 | 3 | 5 | 0 |
| 30 Jun 22 | 10 | 3 | 5 | 0 |
| 31 Mar 22 | 10 | 3 | 5 | 0 |
| 31 Dec 21 | 10 | 3 | 5 | 0 |
| 30 Sep 21 | 10 | 3 | 5 | 0 |
| 30 Jun 21 | 9 | 2 | 5 | 0 |
| 31 Mar 21 | 9 | 2 | 5 | 0 |
| 31 Dec 20 | 9 | 2 | 5 | 0 |
| 30 Sep 20 | 9 | 2 | 5 | 0 |
| 30 Jun 20 | 9 | 2 | 5 | 0 |
| 31 Mar 20 | 9 | 3 | 5 | 0 |
| 31 Dec 19 | 9 | 3 | 5 | 0 |
| 30 Sep 19 | 9 | 2 | 5 | 0 |
| 30 Jun 19 | 9 | 2 | 5 | 0 |
| 31 Mar 19 | 9 | 2 | 5 | 0 |
| 31 Dec 18 | 9 | 2 | 5 | 0 |
| 30 Sep 18 | 9 | 2 | 5 | 0 |
| 30 Jun 18 | 8 | 2 | 5 | 0 |
| 31 Mar 18 | 8 | 2 | 5 | 0 |
| 31 Dec 17 | 8 | 1 | 5 | 0 |
| 30 Sep 17 | 8 | 2 | 5 | 0 |
| 30 Jun 17 | 8 | 2 | 5 | 0 |
| 31 Mar 17 | 8 | 2 | 5 | 0 |
| 31 Dec 16 | 8 | 2 | 5 | 0 |
| 30 Sep 16 | 7 | 1 | 4 | 0 |
| 30 Jun 16 | 7 | 1 | 4 | 0 |
| 31 Mar 16 | 7 | 1 | 4 | 0 |
| 31 Dec 15 | 7 | 1 | 4 | 0 |
| 30 Sep 15 | 7 | 1 | 4 | 0 |
| 30 Jun 15 | 7 | 1 | 4 | 0 |
| 31 Mar 15 | 7 | 2 | 4 | 0 |
| 31 Dec 14 | 7 | 1 | 4 | 0 |
| 30 Sep 14 | 7 | 1 | 4 | 0 |
| 30 Jun 14 | 7 | 1 | 4 | 0 |
| 31 Mar 14 | 7 | 1 | 4 | 0 |
| 31 Dec 13 | 7 | 1 | 4 | 0 |
Quality Earnings: SCYT has high quality earnings.
Growing Profit Margin: SCYT's current net profit margins (30.3%) are higher than last year (29.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SCYT's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: SCYT's earnings growth over the past year (14.3%) exceeds its 5-year average (9.7% per year).
Earnings vs Industry: SCYT earnings growth over the past year (14.3%) exceeded the Banks industry -11.8%.
Return on Equity
High ROE: SCYT's Return on Equity (10.8%) is considered low.