University Bancorp Past Earnings Performance
Past criteria checks 5/6
University Bancorp has been growing earnings at an average annual rate of 3.2%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 6.9% per year. University Bancorp's return on equity is 7.2%, and it has net margins of 6%.
Key information
3.2%
Earnings growth rate
4.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.9% |
| Return on equity | 7.2% |
| Net Margin | 6.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How University 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 | 88 | 5 | 74 | 0 |
| 31 Dec 22 | 92 | 4 | 81 | 0 |
| 31 Dec 21 | 134 | 24 | 91 | 0 |
| 31 Dec 20 | 134 | 28 | 89 | 0 |
| 31 Dec 19 | 69 | 3 | 60 | 0 |
| 31 Dec 18 | 56 | 2 | 50 | 0 |
| 31 Dec 17 | 54 | 5 | 46 | 0 |
| 31 Dec 16 | 51 | 4 | 42 | 0 |
| 31 Dec 15 | 44 | 3 | 37 | 0 |
| 31 Dec 14 | 37 | 1 | 33 | 0 |
| 31 Dec 13 | 39 | 2 | 32 | 0 |
Quality Earnings: UNIB has high quality earnings.
Growing Profit Margin: UNIB's current net profit margins (6%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UNIB's earnings have grown by 3.2% per year over the past 5 years.
Accelerating Growth: UNIB's earnings growth over the past year (46%) exceeds its 5-year average (3.2% per year).
Earnings vs Industry: UNIB earnings growth over the past year (46%) exceeded the Banks industry -12.2%.
Return on Equity
High ROE: UNIB's Return on Equity (7.2%) is considered low.