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 31.6%, while the Banks industry saw earnings growing at 25% annually. Revenues have been growing at an average rate of 22.6% per year. Vietnam Maritime Commercial Bank's return on equity is 14.8%, and it has net margins of 43.6%.
Key information
31.6%
Earnings growth rate
29.6%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 22.6% |
| Return on equity | 14.8% |
| Net Margin | 43.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 10,642,241 | 4,644,214 | 3,003,694 | 0 |
| 30 Sep 23 | 10,843,745 | 4,790,316 | 4,443,740 | 0 |
| 31 Mar 23 | 10,445,300 | 4,542,150 | 4,437,203 | 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 | 4,285,229 | 2,732,308 | 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 (43.6%) are lower than last year (43.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSB's earnings have grown significantly by 31.6% per year over the past 5 years.
Accelerating Growth: MSB's earnings growth over the past year (3.8%) is below its 5-year average (31.6% per year).
Earnings vs Industry: MSB earnings growth over the past year (3.8%) did not outperform the Banks industry 6.4%.
Return on Equity
High ROE: MSB's Return on Equity (14.8%) is considered low.