Bac A Commercial Bank Past Earnings Performance
Past criteria checks 2/6
Bac A Commercial Bank has been growing earnings at an average annual rate of 9.4%, while the Banks industry saw earnings growing at 25.1% annually. Revenues have been growing at an average rate of 4.7% per year. Bac A Commercial Bank's return on equity is 7.7%, and it has net margins of 28.1%.
Key information
9.4%
Earnings growth rate
n/a
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 4.7% |
| Return on equity | 7.7% |
| Net Margin | 28.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bac A Commercial 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 Mar 24 | 3,042,563 | 856,156 | 0 | 0 |
| 31 Dec 23 | 2,893,745 | 854,367 | 0 | 0 |
| 30 Sep 23 | 2,823,460 | 703,767 | 0 | 0 |
| 30 Jun 23 | 3,089,203 | 868,075 | 0 | 0 |
| 31 Mar 23 | 2,905,885 | 904,986 | 0 | 0 |
| 31 Dec 22 | 2,755,292 | 832,519 | 0 | 0 |
| 30 Sep 22 | 2,329,212 | 737,611 | 0 | 0 |
| 30 Jun 22 | 2,238,936 | 736,232 | 0 | 0 |
| 31 Mar 22 | 2,239,972 | 748,781 | 0 | 0 |
| 31 Dec 21 | 2,220,499 | 726,339 | 0 | 0 |
| 31 Dec 20 | 1,975,202 | 587,794 | 0 | 0 |
Quality Earnings: BAB has high quality earnings.
Growing Profit Margin: BAB's current net profit margins (28.1%) are lower than last year (31.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BAB's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: BAB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BAB had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Banks industry average (6.4%).
Return on Equity
High ROE: BAB's Return on Equity (7.7%) is considered low.