Washington Business Bank Past Earnings Performance
Past criteria checks 1/6
Washington Business Bank's earnings have been declining at an average annual rate of -17.4%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 2% per year. Washington Business Bank's return on equity is 8.3%, and it has net margins of 26.8%.
Key information
-17.4%
Earnings growth rate
-19.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.0% |
| Return on equity | 8.3% |
| Net Margin | 26.8% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
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 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 (26.8%) are lower than last year (33.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if WBZB's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: WBZB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WBZB had negative earnings growth (-17.4%) over the past year, making it difficult to compare to the Banks industry average (-12.4%).
Return on Equity
High ROE: WBZB's Return on Equity (8.3%) is considered low.