SpareBank 1 SMN

LSE:0IVM Stock Report

Market Cap: NOK 24.3b

SpareBank 1 SMN Past Earnings Performance

Past criteria checks 5/6

SpareBank 1 SMN has been growing earnings at an average annual rate of 16.4%, while the Banks industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 9.2% per year. SpareBank 1 SMN's return on equity is 16.1%, and it has net margins of 33.5%.

Key information

16.4%

Earnings growth rate

14.2%

EPS growth rate

Banks Industry Growth21.2%
Revenue growth rate9.2%
Return on equity16.1%
Net Margin33.5%
Next Earnings Update12 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How SpareBank 1 SMN makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0IVM Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 249,1173,0552,0360
30 Jun 248,3732,6011,9740
31 Mar 248,0372,5351,8720
31 Dec 237,6102,3311,7840
30 Sep 236,8571,9781,6440
30 Jun 236,4771,8811,5510
31 Mar 236,1671,7191,5200
31 Dec 225,9471,6581,4920
30 Sep 225,2251,6151,1130
30 Jun 225,3941,6571,1890
31 Mar 225,6201,6971,2950
31 Dec 215,8241,7221,4530
30 Sep 216,3001,5652,0710
30 Jun 216,0491,4542,0600
31 Mar 215,9101,4242,0390
31 Dec 205,2811,1471,9510
30 Sep 205,0931,0971,8350
30 Jun 205,0781,0911,8340
31 Mar 205,0861,0841,8360
31 Dec 195,8791,5721,8460
30 Sep 195,8981,5951,7870
30 Jun 195,8311,6021,7330
31 Mar 195,8441,6561,7090
31 Dec 185,2241,2921,6900
30 Sep 185,3141,3861,6630
30 Jun 185,2991,3991,6700
31 Mar 184,8551,1811,5930
31 Dec 174,6531,1281,5300
30 Sep 174,4421,0901,4170
30 Jun 174,2441,0311,3520
31 Mar 174,2011,0661,3330
31 Dec 164,0361,0271,2570
30 Sep 163,8491,4281,2860
30 Jun 163,6211,3311,2320
31 Mar 163,5601,3201,2140
31 Dec 153,7071,4101,1890
30 Sep 153,7221,0968560
30 Jun 153,9181,3749490
31 Mar 153,9111,5589960
31 Dec 143,9341,7721,0830
30 Sep 143,9561,7591,0720
30 Jun 143,9231,7481,0390
31 Mar 143,7411,5691,0210
31 Dec 133,5101,3909810

Quality Earnings: 0IVM has high quality earnings.

Growing Profit Margin: 0IVM's current net profit margins (33.5%) are higher than last year (28.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0IVM's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: 0IVM's earnings growth over the past year (54.4%) exceeds its 5-year average (16.4% per year).

Earnings vs Industry: 0IVM earnings growth over the past year (54.4%) exceeded the Banks industry 10.1%.

Return on Equity

High ROE: 0IVM's Return on Equity (16.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:06
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

SpareBank 1 SMN is covered by 11 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.

AnalystInstitution
Jan GjerlandABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Ulrik ZürcherBeringer Finance AB