Zambia National Commercial Bank Past Earnings Performance
Past criteria checks 6/6
Zambia National Commercial Bank has been growing earnings at an average annual rate of 38.8%, while the Banks industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 24.5% per year. Zambia National Commercial Bank's return on equity is 40.8%, and it has net margins of 33.5%.
Key information
38.8%
Earnings growth rate
43.8%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 24.5% |
| Return on equity | 40.8% |
| Net Margin | 33.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zambia National 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 | 5,191 | 1,738 | 2,414 | 0 |
| 30 Sep 23 | 4,834 | 1,583 | 60 | 0 |
| 31 Dec 22 | 3,750 | 1,167 | 1,818 | 0 |
| 31 Dec 21 | 3,574 | 990 | 61 | 0 |
| 31 Dec 20 | 2,010 | 207 | 39 | 0 |
| 31 Dec 19 | 1,560 | 200 | 44 | 0 |
| 31 Dec 18 | 1,453 | 184 | 77 | 0 |
| 31 Dec 17 | 1,189 | 114 | 36 | 0 |
| 31 Dec 16 | 1,002 | -62 | 22 | 0 |
| 30 Sep 16 | 1,147 | 81 | 7 | 0 |
| 30 Jun 16 | 1,051 | 119 | 564 | 0 |
| 31 Mar 16 | 972 | 95 | 563 | 0 |
| 31 Dec 15 | 969 | 118 | 22 | 0 |
| 30 Sep 15 | 822 | 152 | 358 | 0 |
| 31 Dec 14 | 819 | 143 | 454 | 0 |
| 30 Sep 14 | 888 | 147 | 185 | 0 |
| 31 Dec 13 | 806 | 186 | 310 | 0 |
| 30 Sep 13 | 751 | 140 | 413 | 0 |
Quality Earnings: ZANACO has high quality earnings.
Growing Profit Margin: ZANACO's current net profit margins (33.5%) are higher than last year (31.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ZANACO's earnings have grown significantly by 38.8% per year over the past 5 years.
Accelerating Growth: ZANACO's earnings growth over the past year (49%) exceeds its 5-year average (38.8% per year).
Earnings vs Industry: ZANACO earnings growth over the past year (49%) exceeded the Banks industry 25.7%.
Return on Equity
High ROE: ZANACO's Return on Equity (40.8%) is considered outstanding.