NOBA Bank Group Past Earnings Performance

Past criteria checks 5/6

NOBA Bank Group has been growing earnings at an average annual rate of 42.6%, while the Banks industry saw earnings growing at 18.3% annually. Revenues have been growing at an average rate of 31.2% per year. NOBA Bank Group's return on equity is 12.2%, and it has net margins of 44.4%.

Key information

42.56%

Earnings growth rate

n/a

EPS growth rate

Banks Industry Growth	10.63%
Revenue growth rate	31.19%
Return on equity	12.24%
Net Margin	44.37%
Next Earnings Update	11 Nov 2025

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

DB:ZR5 Revenue, expenses and earnings (SEK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 25	6,586	2,922	2,246
31 Mar 25	6,262	2,617	2,217
31 Dec 24	5,735	2,202	2,210
30 Sep 24	5,303	1,766	1,819
30 Jun 24	4,878	1,480	1,792
31 Mar 24	4,651	1,236	1,998
31 Dec 23	4,596	1,187	2,037
30 Sep 23	4,550	1,015	2,289
30 Jun 23	4,730	1,156	2,236
31 Mar 23	4,698	1,116	2,263
31 Dec 22	4,529	973	2,242
30 Sep 22	3,785	437	3,006
30 Jun 22	2,922	150	2,604
31 Mar 22	2,160	22	2,072
31 Dec 21	1,617	-23	1,639
30 Sep 21	1,662	638	672
30 Jun 21	1,590	634	614
31 Mar 21	1,497	610	557
31 Dec 20	1,398	549	531
30 Sep 20	1,334	456	568
30 Jun 20	1,311	425	580
31 Mar 20	1,328	413	605
31 Dec 19	1,284	352	634
30 Sep 19	1,209	331	588
30 Jun 19	1,127	297	556
31 Mar 19	1,001	244	514
31 Dec 18	1,000	326	434
30 Sep 18	1,003	400	376
30 Jun 18	1,011	430	351
31 Mar 18	1,023	457	320
31 Dec 17	980	419	313
30 Sep 17	1,033	420	293
30 Jun 17	1,042	419	299
31 Mar 17	1,040	423	293
31 Dec 16	1,046	428	289
30 Jun 16	871	321	285
31 Mar 16	806	297	273
31 Dec 15	756	286	264

Quality Earnings: ZR5 has high quality earnings.

Growing Profit Margin: ZR5's current net profit margins (44.4%) are higher than last year (30.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ZR5's earnings have grown significantly by 42.6% per year over the past 5 years.

Accelerating Growth: ZR5's earnings growth over the past year (97.4%) exceeds its 5-year average (42.6% per year).

Earnings vs Industry: ZR5 earnings growth over the past year (97.4%) exceeded the Banks industry 2.1%.

Return on Equity

High ROE: ZR5's Return on Equity (12.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/03 16:40
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

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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

NOBA Bank Group AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.