Washington Business Bank Past Earnings Performance
Past criteria checks 5/6
Washington Business Bank has been growing earnings at an average annual rate of 10.1%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 6.4% per year. Washington Business Bank's return on equity is 10%, and it has net margins of 32.4%.
Key information
10.1%
Earnings growth rate
8.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.4% |
| Return on equity | 10.0% |
| Net Margin | 32.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Washington Business Bank 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 | 5 | 2 | 2 | 0 |
| 31 Dec 22 | 4 | 1 | 2 | 0 |
| 31 Dec 21 | 4 | 1 | 2 | 0 |
| 31 Dec 20 | 4 | 1 | 2 | 0 |
| 31 Dec 19 | 4 | 1 | 2 | 0 |
| 31 Dec 18 | 3 | 1 | 2 | 0 |
| 31 Dec 17 | 3 | 0 | 2 | 0 |
| 31 Dec 16 | 3 | 0 | 2 | 0 |
| 31 Dec 15 | 3 | 1 | 2 | 0 |
Quality Earnings: WBZB has high quality earnings.
Growing Profit Margin: WBZB's current net profit margins (32.4%) are higher than last year (26.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WBZB's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: WBZB's earnings growth over the past year (34.2%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: WBZB earnings growth over the past year (34.2%) exceeded the Banks industry -12.2%.
Return on Equity
High ROE: WBZB's Return on Equity (10%) is considered low.