Skyline Bankshares Past Earnings Performance
Past criteria checks 2/6
Skyline Bankshares has been growing earnings at an average annual rate of 8.5%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 7.3% per year. Skyline Bankshares's return on equity is 8%, and it has net margins of 16.5%.
Key information
8.5%
Earnings growth rate
11.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 7.3% |
| Return on equity | 8.0% |
| Net Margin | 16.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Skyline Bankshares 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 | 43 | 7 | 28 | 0 |
| 30 Jun 24 | 42 | 8 | 28 | 0 |
| 31 Mar 24 | 42 | 9 | 27 | 0 |
| 31 Dec 23 | 43 | 10 | 26 | 0 |
| 30 Sep 23 | 42 | 10 | 26 | 0 |
| 30 Jun 23 | 43 | 11 | 25 | 0 |
| 31 Mar 23 | 42 | 11 | 24 | 0 |
| 31 Dec 22 | 40 | 10 | 23 | 0 |
| 30 Sep 22 | 40 | 10 | 23 | 0 |
| 30 Jun 22 | 39 | 10 | 23 | 0 |
| 31 Mar 22 | 38 | 10 | 23 | 0 |
| 31 Dec 21 | 38 | 9 | 22 | 0 |
| 30 Sep 21 | 36 | 9 | 22 | 0 |
| 30 Jun 21 | 35 | 7 | 22 | 0 |
| 31 Mar 21 | 33 | 6 | 22 | 0 |
| 31 Dec 20 | 32 | 6 | 21 | 0 |
| 30 Sep 20 | 32 | 6 | 21 | 0 |
| 30 Jun 20 | 32 | 7 | 21 | 0 |
| 31 Mar 20 | 32 | 7 | 20 | 0 |
| 31 Dec 19 | 32 | 7 | 20 | 0 |
| 30 Sep 19 | 32 | 6 | 19 | 0 |
| 30 Jun 19 | 32 | 6 | 19 | 0 |
| 31 Mar 19 | 30 | 5 | 19 | 0 |
| 31 Dec 18 | 28 | 5 | 18 | 0 |
| 30 Sep 18 | 27 | 4 | 17 | 0 |
| 30 Jun 18 | 25 | 3 | 17 | 0 |
| 31 Mar 18 | 25 | 3 | 16 | 0 |
| 31 Dec 17 | 25 | 2 | 16 | 0 |
| 30 Sep 17 | 24 | 3 | 16 | 0 |
| 30 Jun 17 | 24 | 3 | 16 | 0 |
| 31 Mar 17 | 22 | 3 | 14 | 0 |
| 31 Dec 16 | 20 | 2 | 12 | 0 |
| 30 Sep 16 | 17 | 2 | 10 | 0 |
| 30 Jun 16 | 14 | 1 | 9 | 0 |
| 31 Mar 16 | 14 | 1 | 9 | 0 |
| 31 Dec 15 | 13 | 1 | 9 | 0 |
| 30 Sep 15 | 13 | 1 | 9 | 0 |
| 30 Jun 15 | 13 | 1 | 8 | 0 |
| 31 Mar 15 | 13 | 1 | 8 | 0 |
| 31 Dec 14 | 13 | 1 | 8 | 0 |
| 30 Sep 14 | 12 | 0 | 8 | 0 |
| 30 Jun 14 | 12 | 0 | 7 | 0 |
| 31 Mar 14 | 12 | 0 | 7 | 0 |
| 31 Dec 13 | 11 | 0 | 8 | 0 |
Quality Earnings: SLBK has high quality earnings.
Growing Profit Margin: SLBK's current net profit margins (16.5%) are lower than last year (24.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SLBK's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: SLBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SLBK had negative earnings growth (-31.9%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).
Return on Equity
High ROE: SLBK's Return on Equity (8%) is considered low.