Morrow Bank AB

OB:MOBA Stock Report

Market Cap: NOK 3.7b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Morrow Bank Past Earnings Performance

Past criteria checks 5/6

Morrow Bank has been growing earnings at an average annual rate of 18.8%, while the Banks industry saw earnings growing at 15.6% annually. Revenues have been declining at an average rate of 1.5% per year. Morrow Bank's return on equity is 10.1%, and it has net margins of 33.9%.

Key information

18.77%

Earnings growth rate

14.83%

EPS growth rate

Banks Industry Growth10.25%
Revenue growth rate-1.50%
Return on equity10.07%
Net Margin33.88%
Next Earnings Update12 Feb 2026

Recent past performance updates

Recent updates

Narrative Update • Aug 21

Digital Platform And Nordic Expansion Will Drive Future Progress

With no changes in key valuation metrics such as the discount rate (7.37%) and future P/E (10.86x), the consensus analyst price target for Morrow Bank remains steady at NOK16.00. Valuation Changes Summary of Valuation Changes for Morrow Bank The Consensus Analyst Price Target remained effectively unchanged, at NOK16.00.
User avatar
New Narrative • Feb 09

Swedish Loan Acquisitions And Cost Cuts Could Improve Future Prospects

Strategic reforms and relocation could increase return on equity, possibly elevating future earnings.
Analysis Article • Apr 12

Morrow Bank ASA's (OB:MOBA) CEO Might Not Expect Shareholders To Be So Generous This Year

Key Insights Morrow Bank will host its Annual General Meeting on 18th of April Salary of kr4.10m is part of CEO Oyvind...
Analysis Article • Apr 14

Key Things To Consider Before Buying Komplett Bank ASA (OB:KOMP) For Its Dividend

Today we'll take a closer look at Komplett Bank ASA ( OB:KOMP ) from a dividend investor's perspective. Owning a strong...
Analysis Article • Mar 19

Who Has Been Selling Komplett Bank ASA (OB:KOMP) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Analysis Article • Feb 11

Do Institutions Own Komplett Bank ASA (OB:KOMP) Shares?

If you want to know who really controls Komplett Bank ASA ( OB:KOMP ), then you'll have to look at the makeup of its...
Analysis Article • Jan 07

Would Shareholders Who Purchased Komplett Bank's (OB:KOMP) Stock Three Years Be Happy With The Share price Today?

It is a pleasure to report that the Komplett Bank ASA ( OB:KOMP ) is up 33% in the last quarter. But that doesn't...
Analysis Article • Dec 04

Have Insiders Been Selling Komplett Bank ASA (OB:KOMP) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

Revenue & Expenses Breakdown

How Morrow Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:MOBA Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 257252463150
30 Jun 256892283080
31 Mar 256552083020
31 Dec 246161892940
30 Sep 245711512880
30 Jun 245411372860
31 Mar 245311332800
31 Dec 235271342730
30 Sep 23481133010
30 Jun 23475-43170
31 Mar 23490-93420
31 Dec 22509-143720
30 Sep 221,0451113670
30 Jun 22558-2633790
31 Mar 22581-2493860
31 Dec 21609-2223810
30 Sep 21215-1864000
30 Jun 217722433860
31 Mar 218002703750
31 Dec 207762543680
30 Sep 206321783210
30 Jun 206561853320
31 Mar 206691703370
31 Dec 197212003470
30 Sep 198633123530
30 Jun 198383073400
31 Mar 198203333230
31 Dec 187823283010
30 Sep 187163042750
30 Jun 187133212500
31 Mar 186492912250
31 Dec 175912711950
30 Sep 175352471810
30 Jun 174361941540
31 Mar 173701651300
31 Dec 163061291140
30 Sep 16243931030
30 Jun 1618658940
31 Mar 1613931860
31 Dec 1510111760
30 Sep 1575-11810

Quality Earnings: MOBA has high quality earnings.

Growing Profit Margin: MOBA's current net profit margins (33.9%) are higher than last year (26.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MOBA's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: MOBA's earnings growth over the past year (63%) exceeds its 5-year average (18.8% per year).

Earnings vs Industry: MOBA earnings growth over the past year (63%) exceeded the Banks industry 8.4%.

Return on Equity

High ROE: MOBA's Return on Equity (10.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/08 05:50
End of Day Share Price 2025/12/30 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Morrow Bank AB is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Herman ZahlPareto Securities