Vietnam Prosperity Commercial Bank Past Earnings Performance
Past criteria checks 2/6
Vietnam Prosperity Commercial Bank has been growing earnings at an average annual rate of 10.2%, while the Banks industry saw earnings growing at 24.5% annually. Revenues have been growing at an average rate of 5.2% per year. Vietnam Prosperity Commercial Bank's return on equity is 7%, and it has net margins of 44.2%.
Key information
10.2%
Earnings growth rate
9.4%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 5.2% |
| Return on equity | 7.0% |
| Net Margin | 44.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vietnam Prosperity 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 | 24,903,326 | 11,004,682 | 11,529,378 | 0 |
| 31 Dec 23 | 23,227,537 | 9,973,939 | 11,561,207 | 0 |
| 30 Sep 23 | 23,697,194 | 10,280,846 | 8,879,868 | 0 |
| 30 Jun 23 | 25,435,536 | 11,585,983 | 8,879,868 | 0 |
| 31 Mar 23 | 26,834,121 | 12,032,396 | 9,079,699 | 0 |
| 31 Dec 22 | 34,995,782 | 18,167,968 | 11,526,558 | 0 |
| 30 Sep 22 | 35,966,646 | 18,251,830 | 10,481,864 | 0 |
| 30 Jun 22 | 33,070,362 | 16,682,767 | 10,481,864 | 0 |
| 31 Mar 22 | 32,624,350 | 17,190,924 | 9,571,156 | 0 |
| 31 Dec 21 | 25,667,991 | 11,721,208 | 8,752,951 | 0 |
| 30 Sep 21 | 26,011,654 | 12,276,222 | 8,718,282 | 0 |
| 30 Jun 21 | 26,457,050 | 12,366,916 | 8,718,282 | 0 |
| 31 Mar 21 | 24,861,996 | 11,301,575 | 9,063,211 | 0 |
| 31 Dec 20 | 24,447,773 | 10,413,760 | 9,555,625 | 0 |
| 30 Sep 20 | 24,547,725 | 10,023,040 | 11,084,421 | 0 |
| 30 Jun 20 | 24,927,018 | 10,054,128 | 11,084,421 | 0 |
| 31 Mar 20 | 24,096,561 | 9,151,937 | 11,128,111 | 0 |
| 31 Dec 19 | 22,630,650 | 8,260,263 | 10,538,895 | 0 |
| 30 Sep 19 | 22,021,614 | 8,209,177 | 9,050,795 | 0 |
| 30 Jun 19 | 20,896,681 | 7,325,727 | 9,050,795 | 0 |
| 31 Mar 19 | 19,527,433 | 6,682,774 | 9,268,855 | 0 |
| 31 Dec 18 | 19,837,580 | 7,355,568 | 8,796,106 | 0 |
| 30 Sep 18 | 19,168,922 | 6,843,649 | 10,569,649 | 0 |
| 30 Jun 18 | 18,967,661 | 7,339,039 | 10,569,649 | 0 |
| 31 Mar 18 | 18,190,075 | 6,852,136 | 7,726,034 | 0 |
| 31 Dec 17 | 16,922,664 | 6,294,328 | 7,110,218 | 0 |
| 30 Sep 17 | 15,335,115 | 5,517,878 | 2,135,141 | 0 |
| 30 Jun 17 | 14,195,279 | 4,990,515 | 5,102,907 | 0 |
| 31 Mar 17 | 12,983,476 | 4,456,999 | 6,006,672 | 0 |
| 31 Dec 16 | 11,550,663 | 3,788,606 | 3,608,367 | 0 |
| 30 Sep 16 | 10,684,771 | 2,971,772 | 4,273,076 | 0 |
| 30 Jun 16 | 9,918,831 | 2,638,810 | 3,587,594 | 0 |
| 31 Mar 16 | 9,663,413 | 2,804,728 | 3,237,168 | 0 |
| 31 Dec 15 | 8,788,671 | 2,249,429 | 3,328,223 | 0 |
| 30 Sep 15 | 7,484,696 | 2,082,461 | 3,860,424 | 0 |
| 30 Jun 15 | 6,310,028 | 1,545,048 | 2,479,616 | 0 |
| 31 Mar 15 | 5,817,926 | 1,410,058 | 2,523,653 | 0 |
| 31 Dec 14 | 5,291,587 | 1,253,593 | 2,032,865 | 0 |
| 30 Sep 14 | 5,442,376 | 1,664,476 | 2,879,000 | 0 |
| 30 Jun 14 | 4,814,207 | 1,351,584 | 1,977,524 | 0 |
| 31 Mar 14 | 4,226,715 | 1,044,126 | 2,420,438 | 0 |
| 31 Dec 13 | 4,010,359 | 1,017,620 | 2,251,681 | 0 |
| 30 Sep 13 | 3,095,310 | 560,930 | 1,716,329 | 0 |
| 30 Jun 13 | 2,937,883 | 578,705 | 2,065,363 | 0 |
Quality Earnings: VPB has high quality earnings.
Growing Profit Margin: VPB's current net profit margins (44.2%) are lower than last year (44.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VPB's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: VPB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VPB had negative earnings growth (-8.5%) over the past year, making it difficult to compare to the Banks industry average (6.2%).
Return on Equity
High ROE: VPB's Return on Equity (7%) is considered low.