Arion banki hf Past Earnings Performance
Past criteria checks 2/6
Arion banki hf has been growing earnings at an average annual rate of 20.1%, while the Banks industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 8.4% per year. Arion banki hf's return on equity is 10%, and it has net margins of 33%.
Key information
20.1%
Earnings growth rate
25.3%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 8.4% |
| Return on equity | 10.0% |
| Net Margin | 33.0% |
| Next Earnings Update | 04 May 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Arion banki hf 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 22 | 57,302 | 18,897 | 17,001 | 0 |
| 30 Sep 22 | 57,164 | 19,477 | 15,376 | 0 |
| 30 Jun 22 | 58,301 | 22,206 | 15,175 | 0 |
| 31 Mar 22 | 60,691 | 26,995 | 14,907 | 0 |
| 31 Dec 21 | 60,849 | 27,211 | 15,441 | 0 |
| 30 Sep 21 | 59,963 | 29,320 | 12,866 | 0 |
| 30 Jun 21 | 56,572 | 26,676 | 12,471 | 0 |
| 31 Mar 21 | 53,901 | 23,964 | 12,473 | 0 |
| 31 Dec 20 | 45,840 | 16,754 | 12,332 | 0 |
| 30 Sep 20 | 43,862 | 13,847 | 12,287 | 0 |
| 30 Jun 20 | 45,018 | 12,688 | 12,834 | 0 |
| 31 Mar 20 | 43,105 | 10,536 | 13,062 | 0 |
| 31 Dec 19 | 47,616 | 14,051 | 13,562 | 0 |
| 30 Sep 19 | 44,990 | 10,930 | 14,070 | 0 |
| 30 Jun 19 | 41,403 | 8,483 | 14,148 | 0 |
| 31 Mar 19 | 42,263 | 8,290 | 14,292 | 0 |
| 31 Dec 18 | 42,175 | 8,275 | 14,278 | 0 |
| 30 Sep 18 | 41,188 | 10,968 | 11,672 | 0 |
| 30 Jun 18 | 40,989 | 9,501 | 12,384 | 0 |
| 31 Mar 18 | 43,197 | 13,995 | 12,996 | 0 |
| 31 Dec 17 | 46,142 | 15,125 | 13,602 | 0 |
| 30 Sep 17 | 51,877 | 15,291 | 17,031 | 0 |
| 30 Jun 17 | 61,182 | 22,712 | 17,016 | 0 |
| 31 Mar 17 | 63,554 | 22,195 | 16,773 | 0 |
| 31 Dec 16 | 61,501 | 21,147 | 16,659 | 0 |
| 30 Sep 16 | 79,405 | 32,695 | 16,824 | 0 |
| 30 Jun 16 | 75,201 | 31,443 | 16,151 | 0 |
| 31 Mar 16 | 70,570 | 29,187 | 15,508 | 0 |
Quality Earnings: ARIONS has high quality earnings.
Growing Profit Margin: ARIONS's current net profit margins (33%) are lower than last year (44.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARIONS's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: ARIONS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARIONS had negative earnings growth (-30.6%) over the past year, making it difficult to compare to the Banks industry average (53.8%).
Return on Equity
High ROE: ARIONS's Return on Equity (10%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/02/21 04:22 |
| End of Day Share Price | 2022/11/24 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Arion banki hf. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Johan Ström | Carnegie Investment Bank AB |
| Andrew Coombs | Citigroup Inc |
| Kazim Andaç | Deutsche Bank |