Banco Nacional de Crédito C.A. Banco Universal Past Earnings Performance
Past criteria checks 4/6
Banco Nacional de Crédito C.A. Banco Universal's earnings have been declining at an average annual rate of -20.7%, while the Banks industry saw earnings growing at 8% annually. Revenues have been declining at an average rate of 20.2% per year. Banco Nacional de Crédito C.A. Banco Universal's return on equity is 21.3%, and it has net margins of 29.2%.
Key information
-20.7%
Earnings growth rate
-20.7%
EPS growth rate
| Banks Industry Growth | -10.8% |
| Revenue growth rate | -20.2% |
| Return on equity | 21.3% |
| Net Margin | 29.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Banco Nacional de Crédito C.A. Banco Universal 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 | 3,797 | 1,109 | 1,804 | 0 |
| 30 Sep 23 | 3,160 | 1,042 | 1,392 | 0 |
| 30 Jun 23 | 2,524 | 976 | 980 | 0 |
| 31 Mar 23 | 1,663 | 615 | 693 | 0 |
| 31 Dec 22 | 802 | 254 | 406 | 0 |
| 30 Sep 22 | -16,935,029 | -8,415,120 | -11,690,926 | 0 |
| 30 Jun 22 | -33,870,859 | -16,830,495 | -23,382,258 | 0 |
| 31 Mar 22 | -16,935,382 | -8,415,237 | -11,691,100 | 0 |
| 31 Dec 21 | 96 | 21 | 59 | 0 |
| 30 Sep 21 | 21,277,033 | 9,779,626 | 13,118,945 | 0 |
| 30 Jun 21 | 42,553,971 | 19,559,232 | 26,237,832 | 0 |
| 31 Mar 21 | 26,135,199 | 11,294,586 | 14,873,596 | 0 |
| 31 Dec 20 | 9,716,428 | 3,029,941 | 3,509,360 | 0 |
| 30 Sep 20 | 5,506,231 | 1,694,510 | 2,139,589 | 0 |
| 30 Jun 20 | 1,296,033 | 359,079 | 769,819 | 0 |
| 31 Mar 20 | 814,234 | 227,434 | 454,855 | 0 |
| 31 Dec 19 | 332,435 | 95,790 | 139,891 | 0 |
| 30 Sep 19 | 202,234 | 68,120 | 82,486 | 0 |
| 30 Jun 19 | 72,032 | 40,451 | 25,082 | 0 |
| 31 Mar 19 | 37,056 | 21,467 | 13,077 | 0 |
| 31 Dec 18 | 2,080 | 2,483 | 1,073 | 0 |
| 30 Sep 18 | 1,040 | 1,241 | 536 | 0 |
| 30 Jun 18 | 33 | 10 | 15 | 0 |
| 31 Mar 18 | 18 | 5 | 8 | 0 |
| 31 Dec 17 | 2 | 1 | 1 | 0 |
| 30 Sep 17 | 2 | 0 | 1 | 0 |
| 30 Jun 17 | 1 | 0 | 0 | 0 |
| 31 Mar 17 | 1 | 0 | 0 | 0 |
| 31 Dec 16 | 0 | 0 | 0 | 0 |
| 30 Sep 16 | 0 | 0 | 0 | 0 |
| 30 Jun 16 | 0 | 0 | 0 | 0 |
| 31 Mar 16 | 0 | 0 | 0 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
| 30 Sep 15 | 0 | 0 | 0 | 0 |
| 30 Jun 15 | 0 | 0 | 0 | 0 |
| 31 Mar 15 | 0 | 0 | 0 | 0 |
| 31 Dec 14 | 0 | 0 | 0 | 0 |
| 30 Sep 14 | 0 | 0 | 0 | 0 |
| 30 Jun 14 | 0 | 0 | 0 | 0 |
| 31 Mar 14 | 0 | 0 | 0 | 0 |
| 31 Dec 13 | 0 | 0 | 0 | 0 |
| 30 Sep 13 | 0 | 0 | 0 | 0 |
| 30 Jun 13 | 0 | 0 | 0 | 0 |
Quality Earnings: 2BNC has high quality earnings.
Growing Profit Margin: 2BNC's current net profit margins (29.2%) are lower than last year (31.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2BNC's earnings have declined by 20.7% per year over the past 5 years.
Accelerating Growth: 2BNC's earnings growth over the past year (336.8%) exceeds its 5-year average (-20.7% per year).
Earnings vs Industry: 2BNC earnings growth over the past year (336.8%) exceeded the Banks industry 2.5%.
Return on Equity
High ROE: 2BNC's Return on Equity (21.3%) is considered high.