Vietnam Maritime Commercial Bank Past Earnings Performance
Past criteria checks 2/6
Vietnam Maritime Commercial Bank has been growing earnings at an average annual rate of 24.2%, while the Banks industry saw earnings growing at 23.2% annually. Revenues have been growing at an average rate of 19% per year. Vietnam Maritime Commercial Bank's return on equity is 12.4%, and it has net margins of 41.2%.
Key information
24.2%
Earnings growth rate
22.3%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 19.0% |
| Return on equity | 12.4% |
| Net Margin | 41.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Vietnam Maritime 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 |
|---|---|---|---|---|
| 30 Sep 24 | 10,634,950 | 4,386,109 | 4,897,949 | 0 |
| 31 Mar 24 | 10,754,799 | 4,620,581 | 4,685,360 | 0 |
| 31 Dec 23 | 10,642,241 | 4,644,214 | 4,591,486 | 0 |
| 30 Sep 23 | 10,843,745 | 4,790,316 | 4,443,740 | 0 |
| 30 Jun 23 | 10,574,315 | 4,667,781 | 4,381,556 | 0 |
| 31 Mar 23 | 10,445,300 | 4,542,152 | 3,419,917 | 0 |
| 31 Dec 22 | 10,215,167 | 4,473,713 | 4,240,864 | 0 |
| 30 Sep 22 | 10,002,131 | 4,590,163 | 4,025,840 | 0 |
| 30 Jun 22 | 9,240,741 | 4,196,945 | 4,025,840 | 0 |
| 31 Mar 22 | 9,395,569 | 4,285,227 | 3,749,594 | 0 |
| 31 Dec 21 | 9,020,376 | 4,034,740 | 3,755,434 | 0 |
| 30 Sep 21 | 8,425,305 | 3,906,743 | 3,352,874 | 0 |
| 30 Jun 21 | 8,489,420 | 3,715,454 | 4,290,767 | 0 |
| 31 Mar 21 | 6,702,411 | 2,522,489 | 4,334,309 | 0 |
| 31 Dec 20 | 6,109,236 | 2,011,144 | 3,335,429 | 0 |
| 30 Sep 20 | 5,438,463 | 1,680,842 | 3,229,329 | 0 |
| 30 Jun 20 | 4,767,689 | 1,350,539 | 3,123,229 | 0 |
| 31 Mar 20 | 4,278,848 | 1,197,050 | 2,886,925 | 0 |
| 31 Dec 19 | 3,790,006 | 1,043,560 | 2,650,620 | 0 |
| 31 Dec 18 | 3,976,515 | 868,289 | 1,737,489 | 0 |
| 31 Dec 17 | 2,230,291 | 122,032 | 1,484,740 | 0 |
| 31 Dec 16 | 2,061,128 | 140,004 | 1,311,390 | 0 |
| 31 Dec 15 | 1,966,890 | 116,274 | 1,284,690 | 0 |
| 31 Dec 14 | 1,414,419 | 142,756 | 896,121 | 0 |
| 31 Dec 13 | 2,090,646 | 329,872 | 718,300 | 0 |
Quality Earnings: MSB has high quality earnings.
Growing Profit Margin: MSB's current net profit margins (41.2%) are lower than last year (44.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSB's earnings have grown significantly by 24.2% per year over the past 5 years.
Accelerating Growth: MSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSB had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Banks industry average (27.5%).
Return on Equity
High ROE: MSB's Return on Equity (12.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vietnam Maritime Commercial Joint Stock Bank is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Phuong Hoang | SSI Securities Corporation |
| Duy Minh Truong | SSI Securities Corporation |