Sparebanken Møre Past Earnings Performance

Past criteria checks 5/6

Sparebanken Møre has been growing earnings at an average annual rate of 13.6%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 12.1% per year. Sparebanken Møre's return on equity is 13.3%, and it has net margins of 22.1%.

Key information

13.6%

Earnings growth rate

13.6%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate12.1%
Return on equity13.3%
Net Margin22.1%
Next Earnings Update30 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Sparebanken Møre makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:K5X Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,5085545460
30 Jun 242,4385415310
31 Mar 242,3425235110
31 Dec 232,2485004960
30 Sep 232,0854534970
30 Jun 231,9754244880
31 Mar 231,8423914690
31 Dec 221,7603714470
30 Sep 221,6033304250
30 Jun 221,5593244070
31 Mar 221,4913043950
31 Dec 211,4783083770
30 Sep 211,4493043700
30 Jun 211,4092943600
31 Mar 211,4142963530
31 Dec 201,3582683560
30 Sep 201,4122873930
30 Jun 201,4632994320
31 Mar 201,5073164680
31 Dec 191,5573414940
30 Sep 191,5113194870
30 Jun 191,4573064760
31 Mar 191,4393044630
31 Dec 181,4112934580
30 Sep 181,4073034950
30 Jun 181,3932974920
31 Mar 181,3442764950
31 Dec 171,3292734940
30 Sep 171,2762525070
30 Jun 171,2862585290
31 Mar 171,3382845240
31 Dec 161,3412855200
30 Sep 161,3452925280
30 Jun 161,3112765050
31 Mar 161,2672545020
31 Dec 151,2532495010
30 Sep 151,2692475110
30 Jun 151,3883065030
31 Mar 151,3773034990
31 Dec 141,3863094970
30 Sep 141,3813124820
30 Jun 141,2602534860
31 Mar 141,2412424890
31 Dec 131,1902144990

Quality Earnings: K5X has high quality earnings.

Growing Profit Margin: K5X's current net profit margins (22.1%) are higher than last year (21.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: K5X's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: K5X's earnings growth over the past year (22.3%) exceeds its 5-year average (13.6% per year).

Earnings vs Industry: K5X earnings growth over the past year (22.3%) exceeded the Banks industry 12.6%.


Return on Equity

High ROE: K5X's Return on Equity (13.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 14:20
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Sparebanken Møre is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jan GjerlandABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB