Voss Veksel- og Landmandsbank Past Earnings Performance

Past criteria checks 5/6

Voss Veksel- og Landmandsbank has been growing earnings at an average annual rate of 18%, while the Banks industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 13.6% per year. Voss Veksel- og Landmandsbank's return on equity is 12.6%, and it has net margins of 49.6%.

Key information

18.0%

Earnings growth rate

14.7%

EPS growth rate

Banks Industry Growth	21.2%
Revenue growth rate	13.6%
Return on equity	12.6%
Net Margin	49.6%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Voss Veksel- og Landmandsbank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0GI5 Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	192	95	39
31 Mar 24	180	84	37
31 Dec 23	171	78	37
30 Sep 23	164	68	35
30 Jun 23	150	63	32
31 Mar 23	141	60	31
31 Dec 22	130	54	29
30 Sep 22	116	49	27
30 Jun 22	113	46	28
31 Mar 22	107	42	27
31 Dec 21	109	45	27
30 Sep 21	107	38	26
30 Jun 21	107	40	26
31 Mar 21	104	37	26
31 Dec 20	99	33	26
30 Sep 20	102	41	26
30 Jun 20	105	41	26
31 Mar 20	106	44	25
31 Dec 19	109	47	25
30 Sep 19	106	43	26
30 Jun 19	104	43	26
31 Mar 19	104	42	28
31 Dec 18	102	40	28
30 Sep 18	101	39	30
30 Jun 18	87	24	31
31 Mar 18	86	23	33
31 Dec 17	83	20	33
30 Sep 17	79	19	32
30 Jun 17	86	27	36
31 Mar 17	88	29	39
31 Dec 16	85	29	44
30 Sep 16	86	28	45
30 Jun 16	84	26	45
31 Mar 16	73	18	43
31 Dec 15	70	17	43
30 Sep 15	68	15	42
30 Jun 15	72	19	41
31 Mar 15	83	30	40
31 Dec 14	89	34	40
30 Sep 14	89	36	38
30 Jun 14	88	35	39
31 Mar 14	80	27	40
31 Dec 13	75	23	40

Quality Earnings: 0GI5 has high quality earnings.

Growing Profit Margin: 0GI5's current net profit margins (49.6%) are higher than last year (41.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0GI5's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: 0GI5's earnings growth over the past year (39.2%) exceeds its 5-year average (18% per year).

Earnings vs Industry: 0GI5 earnings growth over the past year (39.2%) exceeded the Banks industry 10.1%.

Return on Equity

High ROE: 0GI5's Return on Equity (12.6%) 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	2024/12/29 11:09
End of Day Share Price	2024/11/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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

Voss Veksel- og Landmandsbank ASA is covered by 2 analysts. 1 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
Žilvinas Jusaitis	Norne Securities AS
Vegard Toverud	Pareto Securities