Commercial Bank for Foreign Trade of Vietnam Past Earnings Performance
Past criteria checks 2/6
Commercial Bank for Foreign Trade of Vietnam has been growing earnings at an average annual rate of 16.9%, while the Banks industry saw earnings growing at 23.2% annually. Revenues have been growing at an average rate of 12.9% per year. Commercial Bank for Foreign Trade of Vietnam's return on equity is 18.2%, and it has net margins of 49.3%.
Key information
16.9%
Earnings growth rate
16.8%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 12.9% |
| Return on equity | 18.2% |
| Net Margin | 49.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Commercial Bank for Foreign Trade of Vietnam 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 | 64,941,738 | 32,045,137 | 20,458,226 | 0 |
| 30 Jun 24 | 62,715,031 | 30,747,458 | 19,654,867 | 0 |
| 31 Mar 24 | 62,410,750 | 30,050,867 | 20,211,362 | 0 |
| 31 Dec 23 | 63,134,160 | 30,457,306 | 20,458,226 | 0 |
| 30 Sep 23 | 62,654,121 | 31,264,083 | 19,287,269 | 0 |
| 30 Jun 23 | 62,306,678 | 29,064,658 | 20,464,298 | 0 |
| 31 Mar 23 | 60,611,780 | 27,578,789 | 20,675,384 | 0 |
| 31 Dec 22 | 58,575,604 | 26,554,538 | 19,948,198 | 0 |
| 30 Sep 22 | 52,957,227 | 24,204,634 | 18,579,796 | 0 |
| 30 Jun 22 | 49,761,248 | 22,733,894 | 17,282,975 | 0 |
| 31 Mar 22 | 46,200,503 | 20,757,045 | 16,243,284 | 0 |
| 31 Dec 21 | 45,151,768 | 19,697,439 | 16,539,886 | 0 |
| 30 Sep 21 | 44,344,617 | 18,705,606 | 16,947,092 | 0 |
| 30 Jun 21 | 43,166,267 | 18,102,379 | 16,540,626 | 0 |
| 31 Mar 21 | 42,365,461 | 18,752,613 | 14,950,608 | 0 |
| 31 Dec 20 | 39,087,811 | 16,027,950 | 15,109,110 | 0 |
| 30 Sep 20 | 37,404,207 | 14,968,618 | 15,368,407 | 0 |
| 30 Jun 20 | 38,334,021 | 16,026,057 | 13,724,618 | 0 |
| 31 Mar 20 | 38,949,349 | 15,776,653 | 11,891,024 | 0 |
| 31 Dec 19 | 39,078,111 | 16,306,074 | 11,370,057 | 0 |
| 30 Sep 19 | 38,484,392 | 16,706,119 | 10,843,246 | 0 |
| 30 Jun 19 | 35,644,721 | 14,592,403 | 8,130,002 | 0 |
| 31 Mar 19 | 33,673,496 | 13,158,230 | 11,735,521 | 0 |
| 31 Dec 18 | 31,838,461 | 11,954,842 | 10,017,602 | 0 |
| 30 Sep 18 | 29,429,765 | 10,173,926 | 10,585,433 | 0 |
| 30 Jun 18 | 27,561,334 | 9,383,397 | 12,391,476 | 0 |
| 31 Mar 18 | 25,736,848 | 8,472,928 | 9,453,049 | 0 |
| 31 Dec 17 | 23,196,914 | 7,174,987 | 8,785,280 | 0 |
| 30 Sep 17 | 22,078,272 | 6,766,407 | 8,118,259 | 0 |
| 30 Jun 17 | 20,844,925 | 6,259,172 | 7,825,471 | 0 |
| 31 Mar 17 | 19,758,659 | 5,827,237 | 7,644,902 | 0 |
| 31 Dec 16 | 18,538,594 | 5,457,916 | 7,334,029 | 0 |
| 30 Sep 16 | 18,350,862 | 5,756,959 | 6,679,161 | 0 |
| 30 Jun 16 | 18,003,369 | 5,292,212 | 7,077,104 | 0 |
| 31 Mar 16 | 16,667,733 | 5,028,926 | 6,425,046 | 0 |
| 31 Dec 15 | 15,123,758 | 4,323,769 | 6,104,320 | 0 |
| 30 Sep 15 | 14,460,257 | 4,143,069 | 6,931,279 | 0 |
| 30 Jun 15 | 13,185,353 | 4,009,723 | 6,218,787 | 0 |
| 31 Mar 15 | 12,896,059 | 3,745,598 | 6,583,899 | 0 |
| 31 Dec 14 | 12,693,793 | 3,780,034 | 6,459,713 | 0 |
| 30 Sep 14 | 12,641,963 | 3,911,220 | 6,182,110 | 0 |
| 30 Jun 14 | 12,677,336 | 3,912,344 | 6,178,674 | 0 |
| 31 Mar 14 | 12,109,605 | 3,719,091 | 5,850,591 | 0 |
| 31 Dec 13 | 11,987,137 | 3,665,577 | 5,835,085 | 0 |
Quality Earnings: VCB has high quality earnings.
Growing Profit Margin: VCB's current net profit margins (49.3%) are lower than last year (49.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VCB's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: VCB's earnings growth over the past year (2.5%) is below its 5-year average (16.9% per year).
Earnings vs Industry: VCB earnings growth over the past year (2.5%) did not outperform the Banks industry 23.1%.
Return on Equity
High ROE: VCB's Return on Equity (18.2%) is considered low.