Pareto Bank Past Earnings Performance

Past criteria checks 2/6

Pareto Bank has been growing earnings at an average annual rate of 12%, while the Banks industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 11.5% per year. Pareto Bank's return on equity is 13.2%, and it has net margins of 60.4%.

Key information

12.0%

Earnings growth rate

7.7%

EPS growth rate

Banks Industry Growth	21.2%
Revenue growth rate	11.5%
Return on equity	13.2%
Net Margin	60.4%
Next Earnings Update	26 Apr 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

BATS-CHIXE:PARBO Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 22	920	555	157
30 Sep 22	851	509	150
30 Jun 22	838	504	144
31 Mar 22	831	502	140
31 Dec 21	831	505	135
30 Sep 21	830	505	135
30 Jun 21	790	480	128
31 Mar 21	782	477	125
31 Dec 20	710	428	119
30 Sep 20	687	417	119
30 Jun 20	679	410	119
31 Mar 20	622	369	115
31 Dec 19	663	398	115
30 Sep 19	614	364	113
30 Jun 19	586	345	112
31 Mar 19	590	351	107
31 Dec 18	559	331	105
30 Sep 18	553	322	111
30 Jun 18	559	332	106
31 Mar 18	532	313	103
31 Dec 17	528	313	100
30 Sep 17	513	306	93
30 Jun 17	487	289	90
31 Mar 17	473	277	90
31 Dec 16	427	247	84
30 Sep 16	376	208	81
30 Jun 16	352	190	80
31 Mar 16	343	186	77

Quality Earnings: PARBO has high quality earnings.

Growing Profit Margin: PARBO's current net profit margins (60.4%) are lower than last year (60.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PARBO's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: PARBO's earnings growth over the past year (10.1%) is below its 5-year average (12% per year).

Earnings vs Industry: PARBO earnings growth over the past year (10.1%) did not outperform the Banks industry 53.8%.

Return on Equity

High ROE: PARBO's Return on Equity (13.2%) 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	2023/03/15 14:17
End of Day Share Price	2022/12/16 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	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 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

Pareto Bank ASA is covered by 2 analysts. 2 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
Håkon Astrup	DNB Markets
Vegard Toverud	Pareto Securities