Vietnam Technological and Commercial Bank Past Earnings Performance
Past criteria checks 3/6
Vietnam Technological and Commercial Bank has been growing earnings at an average annual rate of 16.5%, while the Banks industry saw earnings growing at 24.5% annually. Revenues have been growing at an average rate of 16.2% per year. Vietnam Technological and Commercial Bank's return on equity is 14.5%, and it has net margins of 51.2%.
Key information
16.5%
Earnings growth rate
16.4%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 16.2% |
| Return on equity | 14.5% |
| Net Margin | 51.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vietnam Technological and 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 | 38,425,375 | 19,679,904 | 11,480,925 | 0 |
| 31 Dec 23 | 36,140,024 | 17,955,802 | 11,317,917 | 0 |
| 30 Sep 23 | 35,791,429 | 17,070,665 | 12,012,996 | 0 |
| 30 Jun 23 | 35,944,137 | 17,755,688 | 11,371,475 | 0 |
| 31 Mar 23 | 37,568,347 | 19,104,158 | 11,208,550 | 0 |
| 31 Dec 22 | 38,590,897 | 20,111,877 | 11,189,657 | 0 |
| 30 Sep 22 | 39,463,015 | 21,174,900 | 11,149,304 | 0 |
| 30 Jun 22 | 38,027,004 | 20,214,534 | 10,940,196 | 0 |
| 31 Mar 22 | 36,118,297 | 19,122,135 | 8,143,771 | 0 |
| 31 Dec 21 | 34,411,199 | 18,014,250 | 10,111,803 | 0 |
| 30 Sep 21 | 32,379,256 | 17,375,657 | 9,100,855 | 0 |
| 30 Jun 21 | 30,742,297 | 16,137,075 | 8,902,417 | 0 |
| 31 Mar 21 | 27,511,780 | 14,242,828 | 10,514,295 | 0 |
| 31 Dec 20 | 24,767,653 | 12,301,991 | 7,841,411 | 0 |
| 30 Sep 20 | 23,582,652 | 11,369,035 | 7,694,912 | 0 |
| 30 Jun 20 | 22,022,254 | 10,824,246 | 7,145,567 | 0 |
| 31 Mar 20 | 21,263,062 | 10,416,206 | 6,931,980 | 0 |
| 31 Dec 19 | 20,150,777 | 10,043,139 | 6,384,230 | 0 |
| 30 Sep 19 | 18,831,583 | 9,279,420 | 6,106,955 | 0 |
| 30 Jun 19 | 17,732,785 | 8,784,662 | 5,646,383 | 0 |
| 31 Mar 19 | 16,892,187 | 8,476,571 | 4,248,092 | 0 |
| 31 Dec 18 | 16,505,264 | 8,442,775 | 4,930,397 | 0 |
| 30 Sep 18 | 16,247,719 | 8,764,375 | 4,486,744 | 0 |
| 30 Jun 18 | 15,678,228 | 8,411,103 | 3,407,857 | 0 |
| 31 Mar 18 | 14,285,616 | 7,435,321 | 4,397,806 | 0 |
| 31 Dec 17 | 12,427,153 | 6,445,595 | 4,126,280 | 0 |
| 30 Sep 17 | 10,085,901 | 4,729,362 | 3,885,324 | 0 |
| 30 Jun 17 | 9,132,277 | 4,045,501 | 3,885,324 | 0 |
| 31 Mar 17 | 8,586,196 | 3,712,691 | 3,832,477 | 0 |
| 31 Dec 16 | 8,171,215 | 3,129,130 | 3,600,633 | 0 |
| 30 Sep 16 | 7,403,845 | 2,585,509 | 3,534,230 | 0 |
| 30 Jun 16 | 6,457,380 | 1,967,326 | 3,534,230 | 0 |
| 31 Mar 16 | 6,040,160 | 1,665,862 | 4,033,425 | 0 |
| 31 Dec 15 | 5,715,816 | 1,503,716 | 3,159,717 | 0 |
| 30 Sep 15 | 5,370,628 | 1,374,700 | 3,049,253 | 0 |
| 30 Jun 15 | 4,917,376 | 1,132,440 | 3,661,614 | 0 |
| 31 Mar 15 | 4,501,283 | 856,620 | 2,898,362 | 0 |
| 31 Dec 14 | 4,720,910 | 1,068,197 | 2,810,154 | 0 |
| 30 Sep 14 | 4,364,449 | 996,196 | 2,552,718 | 0 |
| 30 Jun 14 | 4,363,505 | 906,907 | 2,614,597 | 0 |
| 31 Mar 14 | 4,383,492 | 884,744 | 2,549,730 | 0 |
| 31 Dec 13 | 4,233,872 | 659,071 | 2,715,124 | 0 |
| 30 Sep 13 | 3,938,153 | 333,180 | 2,907,487 | 0 |
| 30 Jun 13 | 3,599,985 | 28,939 | 3,071,480 | 0 |
Quality Earnings: TCB has high quality earnings.
Growing Profit Margin: TCB's current net profit margins (51.2%) are higher than last year (50.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TCB's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: TCB's earnings growth over the past year (3%) is below its 5-year average (16.5% per year).
Earnings vs Industry: TCB earnings growth over the past year (3%) did not outperform the Banks industry 6.4%.
Return on Equity
High ROE: TCB's Return on Equity (14.5%) is considered low.