Orient Commercial Bank Past Earnings Performance
Past criteria checks 1/6
Orient Commercial Bank's earnings have been declining at an average annual rate of -1.4%, while the Banks industry saw earnings growing at 25.1% annually. Revenues have been growing at an average rate of 3% per year. Orient Commercial Bank's return on equity is 11.6%, and it has net margins of 45.2%.
Key information
-1.4%
Earnings growth rate
-3.8%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 3.0% |
| Return on equity | 11.6% |
| Net Margin | 45.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Orient 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 | 7,310,901 | 3,303,303 | 0 | 0 |
| 30 Sep 23 | 7,753,031 | 3,754,739 | -50,478 | 0 |
| 30 Jun 23 | 8,195,161 | 4,176,345 | 2,893,338 | 0 |
| 31 Mar 23 | 7,830,635 | 3,828,116 | 2,943,816 | 0 |
| 31 Dec 22 | 7,466,110 | 3,479,886 | 2,994,294 | 0 |
| 30 Sep 22 | 7,392,146 | 3,538,111 | 2,819,086 | 0 |
| 30 Jun 22 | 7,318,182 | 3,636,175 | 2,643,878 | 0 |
| 31 Mar 22 | 7,619,829 | 3,999,323 | 2,487,006 | 0 |
| 31 Dec 21 | 7,921,477 | 4,362,471 | 2,330,134 | 0 |
| 31 Dec 20 | 6,749,427 | 3,499,715 | 2,263,591 | 0 |
Quality Earnings: OCB has high quality earnings.
Growing Profit Margin: OCB's current net profit margins (45.2%) are lower than last year (46.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if OCB's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: OCB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OCB had negative earnings growth (-5.1%) over the past year, making it difficult to compare to the Banks industry average (6%).
Return on Equity
High ROE: OCB's Return on Equity (11.6%) is considered low.