Vietnam International Commercial Bank Past Earnings Performance
Past criteria checks 2/6
Vietnam International Commercial Bank has been growing earnings at an average annual rate of 25%, while the Banks industry saw earnings growing at 24.5% annually. Revenues have been growing at an average rate of 21.5% per year. Vietnam International Commercial Bank's return on equity is 21.9%, and it has net margins of 49.3%.
Key information
25.0%
Earnings growth rate
22.4%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 21.5% |
| Return on equity | 21.9% |
| Net Margin | 49.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vietnam International 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 | 16,820,894 | 8,298,368 | 6,348,988 | 0 |
| 31 Dec 23 | 17,314,688 | 8,452,336 | 6,348,988 | 0 |
| 30 Sep 23 | 17,498,087 | 8,766,613 | 6,147,939 | 0 |
| 31 Mar 23 | 17,320,043 | 8,690,025 | 6,082,092 | 0 |
| 31 Dec 22 | 16,778,194 | 8,368,767 | 5,962,067 | 0 |
| 30 Sep 22 | 16,214,877 | 8,289,552 | 5,507,274 | 0 |
| 30 Jun 22 | 14,548,015 | 7,164,198 | 2,434,059 | 0 |
| 31 Mar 22 | 13,795,770 | 6,686,672 | 3,809,739 | 0 |
| 31 Dec 21 | 13,244,660 | 6,316,796 | 5,036,096 | 0 |
| 30 Sep 21 | 12,557,181 | 5,601,374 | 4,875,590 | 0 |
| 30 Jun 21 | 12,536,757 | 5,828,205 | 4,875,590 | 0 |
| 31 Mar 21 | 11,339,394 | 5,037,181 | 5,655,835 | 0 |
| 31 Dec 20 | 10,275,422 | 4,544,170 | 3,935,099 | 0 |
| 30 Sep 20 | 9,352,594 | 4,056,110 | 4,346,857 | 0 |
| 30 Jun 20 | 8,567,915 | 3,597,254 | 4,954,507 | 0 |
| 31 Mar 20 | 8,057,326 | 3,478,866 | 2,549,353 | 0 |
| 31 Dec 19 | 7,510,365 | 3,199,683 | 2,896,690 | 0 |
| 30 Sep 19 | 7,029,058 | 3,104,471 | 2,025,959 | 0 |
| 30 Jun 19 | 6,273,183 | 2,685,626 | 1,847,744 | 0 |
| 31 Mar 19 | 5,797,310 | 2,383,282 | 2,528,756 | 0 |
| 31 Dec 18 | 5,395,295 | 2,170,535 | 1,698,005 | 0 |
| 30 Sep 18 | 5,108,802 | 1,937,999 | 1,618,904 | 0 |
| 30 Jun 18 | 4,690,071 | 1,692,489 | 1,561,574 | 0 |
| 31 Mar 18 | 4,198,784 | 1,366,889 | 1,302,525 | 0 |
| 31 Dec 17 | 3,739,527 | 1,105,168 | 1,414,924 | 0 |
| 30 Sep 17 | 3,222,216 | 732,137 | 1,310,640 | 0 |
| 30 Jun 17 | 3,009,826 | 624,019 | 938,535 | 0 |
| 31 Mar 17 | 2,863,718 | 576,539 | 1,257,964 | 0 |
| 31 Dec 16 | 2,794,844 | 561,732 | 1,207,791 | 0 |
| 30 Sep 16 | 2,693,056 | 541,876 | 682,433 | 0 |
| 30 Jun 16 | 2,609,233 | 523,933 | 682,433 | 0 |
| 31 Mar 16 | 2,506,392 | 512,758 | 1,036,953 | 0 |
| 31 Dec 15 | 2,420,384 | 521,066 | 954,068 | 0 |
| 30 Sep 15 | 2,503,086 | 649,312 | 1,018,604 | 0 |
| 30 Jun 15 | 2,459,973 | 643,358 | 1,018,604 | 0 |
| 31 Mar 15 | 2,356,182 | 606,652 | 920,287 | 0 |
| 31 Dec 14 | 2,282,067 | 522,670 | 930,081 | 0 |
| 30 Sep 14 | 1,736,078 | 115,121 | 1,610,565 | 0 |
| 30 Jun 14 | 1,551,228 | -11,145 | 2,072,368 | 0 |
| 31 Mar 14 | 1,505,152 | -80,789 | 15,543 | 0 |
| 31 Dec 13 | 1,637,518 | 50,248 | 1,497,960 | 0 |
| 30 Sep 13 | 1,792,916 | 153,469 | 630,994 | 0 |
| 30 Jun 13 | 1,948,315 | 256,690 | -235,972 | 0 |
Quality Earnings: VIB has high quality earnings.
Growing Profit Margin: VIB's current net profit margins (49.3%) are lower than last year (50.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VIB's earnings have grown significantly by 25% per year over the past 5 years.
Accelerating Growth: VIB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VIB had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Banks industry average (6.2%).
Return on Equity
High ROE: Whilst VIB's Return on Equity (21.89%) is high, this metric is skewed due to their high level of debt.