Solera National Bancorp Past Earnings Performance
Past criteria checks 2/6
Solera National Bancorp has been growing earnings at an average annual rate of 41.7%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 36.5% per year. Solera National Bancorp's return on equity is 20.9%, and it has net margins of 44.5%.
Key information
41.7%
Earnings growth rate
40.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 36.5% |
| Return on equity | 20.9% |
| Net Margin | 44.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Solera National 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 Dec 23 | 37 | 17 | 16 | 0 |
| 30 Jun 23 | 36 | 18 | 15 | 0 |
| 31 Mar 23 | 36 | 20 | 13 | 0 |
| 31 Dec 22 | 34 | 18 | 12 | 0 |
| 30 Sep 22 | 31 | 16 | 11 | 0 |
| 30 Jun 22 | 29 | 14 | 10 | 0 |
| 31 Mar 22 | 25 | 12 | 9 | 0 |
| 31 Dec 21 | 22 | 11 | 8 | 0 |
| 30 Sep 21 | 21 | 10 | 7 | 0 |
| 30 Jun 21 | 18 | 9 | 6 | 0 |
| 31 Mar 21 | 15 | 7 | 6 | 0 |
| 31 Dec 20 | 13 | 6 | 6 | 0 |
| 30 Sep 20 | 12 | 5 | 6 | 0 |
| 30 Jun 20 | 10 | 4 | 5 | 0 |
| 31 Mar 20 | 10 | 3 | 5 | 0 |
| 31 Dec 19 | 9 | 4 | 5 | 0 |
| 30 Sep 19 | 9 | 3 | 4 | 0 |
| 30 Jun 19 | 8 | 3 | 4 | 0 |
| 31 Mar 19 | 7 | 3 | 4 | 0 |
| 31 Dec 18 | 7 | 2 | 4 | 0 |
| 30 Sep 18 | 6 | 1 | 4 | 0 |
| 30 Jun 18 | 6 | 1 | 4 | 0 |
| 31 Mar 18 | 5 | 1 | 3 | 0 |
| 31 Dec 17 | 5 | 1 | 3 | 0 |
| 30 Sep 17 | 5 | 3 | 4 | 0 |
| 30 Jun 17 | 5 | 3 | 4 | 0 |
| 31 Mar 17 | 5 | 3 | 4 | 0 |
| 31 Dec 16 | 5 | 3 | 4 | 0 |
| 30 Sep 16 | 5 | 1 | 3 | 0 |
| 30 Jun 16 | 5 | 2 | 3 | 0 |
| 31 Mar 16 | 5 | 2 | 3 | 0 |
| 31 Dec 15 | 5 | 2 | 3 | 0 |
| 30 Sep 15 | 5 | 2 | 3 | 0 |
| 30 Jun 15 | 5 | 1 | 4 | 0 |
| 31 Mar 15 | 7 | 0 | 6 | 0 |
| 31 Dec 14 | 8 | 0 | 8 | 0 |
| 30 Sep 14 | 9 | -1 | 10 | 0 |
| 30 Jun 14 | 11 | -2 | 11 | 0 |
| 31 Mar 14 | 12 | -1 | 12 | 0 |
| 31 Dec 13 | 12 | -1 | 13 | 0 |
| 30 Sep 13 | 11 | 0 | 11 | 0 |
| 30 Jun 13 | 9 | 1 | 8 | 0 |
Quality Earnings: SLRK has high quality earnings.
Growing Profit Margin: SLRK's current net profit margins (44.5%) are lower than last year (52.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SLRK's earnings have grown significantly by 41.7% per year over the past 5 years.
Accelerating Growth: SLRK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SLRK had negative earnings growth (-8.3%) over the past year, making it difficult to compare to the Banks industry average (-9.7%).
Return on Equity
High ROE: Whilst SLRK's Return on Equity (20.94%) is high, this metric is skewed due to their high level of debt.