Touchstone Bankshares Past Earnings Performance
Past criteria checks 2/6
Touchstone Bankshares has been growing earnings at an average annual rate of 6%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 5.5% per year. Touchstone Bankshares's return on equity is 3.8%, and it has net margins of 6.8%.
Key information
6.0%
Earnings growth rate
7.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 5.5% |
| Return on equity | 3.8% |
| Net Margin | 6.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Touchstone 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 |
|---|---|---|---|---|
| 31 Dec 23 | 23 | 2 | 17 | 0 |
| 30 Sep 23 | 24 | 2 | 17 | 0 |
| 30 Jun 23 | 24 | 2 | 17 | 0 |
| 31 Mar 23 | 23 | 3 | 16 | 0 |
| 31 Dec 22 | 24 | 4 | 15 | 0 |
| 30 Sep 22 | 23 | 4 | 15 | 0 |
| 30 Jun 22 | 22 | 4 | 14 | 0 |
| 31 Mar 22 | 23 | 5 | 14 | 0 |
| 31 Dec 21 | 23 | 4 | 14 | 0 |
| 30 Sep 21 | 21 | 4 | 13 | 0 |
| 30 Jun 21 | 20 | 3 | 13 | 0 |
| 31 Mar 21 | 19 | 3 | 13 | 0 |
| 31 Dec 20 | 18 | 2 | 13 | 0 |
| 30 Sep 20 | 19 | 3 | 13 | 0 |
| 30 Jun 20 | 19 | 3 | 13 | 0 |
| 31 Mar 20 | 20 | 3 | 13 | 0 |
| 31 Dec 19 | 20 | 3 | 13 | 0 |
| 30 Sep 19 | 20 | 3 | 10 | 0 |
| 30 Jun 19 | 19 | 2 | 10 | 0 |
| 31 Mar 19 | 19 | 2 | 10 | 0 |
| 31 Dec 18 | 19 | 1 | 10 | 0 |
| 30 Sep 18 | 18 | 2 | 7 | 0 |
| 30 Jun 18 | 16 | 1 | 7 | 0 |
| 31 Mar 18 | 14 | 1 | 7 | 0 |
| 31 Dec 17 | 12 | 1 | 7 | 0 |
| 30 Sep 17 | 10 | 1 | 3 | 0 |
| 30 Jun 17 | 10 | 1 | 7 | 0 |
| 31 Mar 17 | 10 | 2 | 7 | 0 |
| 31 Dec 16 | 10 | 2 | 7 | 0 |
| 30 Sep 16 | 10 | 2 | 7 | 0 |
| 30 Jun 16 | 11 | 2 | 7 | 0 |
| 31 Mar 16 | 10 | 2 | 7 | 0 |
| 31 Dec 15 | 11 | 2 | 7 | 0 |
| 30 Sep 15 | 10 | 2 | 10 | 0 |
| 30 Jun 15 | 10 | 2 | 7 | 0 |
| 31 Mar 15 | 11 | 2 | 7 | 0 |
| 31 Dec 14 | 11 | 2 | 7 | 0 |
| 30 Sep 14 | 11 | 2 | 7 | 0 |
| 30 Jun 14 | 11 | 2 | 7 | 0 |
| 31 Mar 14 | 10 | 2 | 7 | 0 |
| 31 Dec 13 | 10 | 2 | 7 | 0 |
| 30 Sep 13 | 11 | 2 | 6 | 0 |
| 30 Jun 13 | 10 | 1 | 6 | 0 |
Quality Earnings: TSBA has high quality earnings.
Growing Profit Margin: TSBA's current net profit margins (6.8%) are lower than last year (17.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSBA's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: TSBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TSBA had negative earnings growth (-60.4%) over the past year, making it difficult to compare to the Banks industry average (-9.7%).
Return on Equity
High ROE: TSBA's Return on Equity (3.8%) is considered low.