Sparebanken Møre Past Earnings Performance
Past criteria checks 5/6
Sparebanken Møre has been growing earnings at an average annual rate of 10.1%, while the Banks industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 9.1% per year. Sparebanken Møre's return on equity is 12%, and it has net margins of 22.3%.
Key information
10.1%
Earnings growth rate
10.1%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 9.1% |
| Return on equity | 12.0% |
| Net Margin | 22.3% |
| Next Earnings Update | 14 Aug 2024 |
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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,342 | 523 | 511 | 0 |
| 31 Dec 23 | 2,248 | 500 | 496 | 0 |
| 30 Sep 23 | 2,083 | 452 | 484 | 0 |
| 30 Jun 23 | 1,973 | 423 | 475 | 0 |
| 31 Mar 23 | 1,840 | 390 | 456 | 0 |
| 31 Dec 22 | 1,760 | 371 | 447 | 0 |
| 30 Sep 22 | 1,603 | 330 | 425 | 0 |
| 30 Jun 22 | 1,559 | 324 | 407 | 0 |
| 31 Mar 22 | 1,491 | 304 | 395 | 0 |
| 31 Dec 21 | 1,478 | 308 | 377 | 0 |
| 30 Sep 21 | 1,449 | 304 | 370 | 0 |
| 30 Jun 21 | 1,409 | 294 | 360 | 0 |
| 31 Mar 21 | 1,414 | 296 | 353 | 0 |
| 31 Dec 20 | 1,358 | 268 | 356 | 0 |
| 30 Sep 20 | 1,412 | 287 | 393 | 0 |
| 30 Jun 20 | 1,463 | 299 | 432 | 0 |
| 31 Mar 20 | 1,507 | 316 | 468 | 0 |
| 31 Dec 19 | 1,557 | 341 | 494 | 0 |
| 30 Sep 19 | 1,511 | 319 | 487 | 0 |
| 30 Jun 19 | 1,457 | 306 | 476 | 0 |
| 31 Mar 19 | 1,439 | 304 | 463 | 0 |
| 31 Dec 18 | 1,411 | 293 | 458 | 0 |
| 30 Sep 18 | 1,407 | 303 | 495 | 0 |
| 30 Jun 18 | 1,393 | 297 | 492 | 0 |
| 31 Mar 18 | 1,344 | 276 | 495 | 0 |
| 31 Dec 17 | 1,329 | 273 | 494 | 0 |
| 30 Sep 17 | 1,276 | 252 | 507 | 0 |
| 30 Jun 17 | 1,286 | 258 | 529 | 0 |
| 31 Mar 17 | 1,338 | 284 | 524 | 0 |
| 31 Dec 16 | 1,341 | 285 | 520 | 0 |
| 30 Sep 16 | 1,345 | 292 | 528 | 0 |
| 30 Jun 16 | 1,311 | 276 | 505 | 0 |
| 31 Mar 16 | 1,267 | 254 | 502 | 0 |
| 31 Dec 15 | 1,253 | 249 | 501 | 0 |
| 30 Sep 15 | 1,269 | 247 | 511 | 0 |
| 30 Jun 15 | 1,388 | 306 | 503 | 0 |
| 31 Mar 15 | 1,377 | 303 | 499 | 0 |
| 31 Dec 14 | 1,386 | 309 | 497 | 0 |
| 30 Sep 14 | 1,381 | 312 | 482 | 0 |
| 30 Jun 14 | 1,260 | 253 | 486 | 0 |
| 31 Mar 14 | 1,241 | 242 | 489 | 0 |
| 31 Dec 13 | 1,190 | 214 | 499 | 0 |
| 30 Sep 13 | 1,186 | 252 | 368 | 0 |
| 30 Jun 13 | 1,178 | 245 | 367 | 0 |
Quality Earnings: K5X has high quality earnings.
Growing Profit Margin: K5X's current net profit margins (22.3%) are higher than last year (21.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: K5X's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: K5X's earnings growth over the past year (34.1%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: K5X earnings growth over the past year (34.1%) exceeded the Banks industry 27.2%.
Return on Equity
High ROE: K5X's Return on Equity (12%) is considered low.