SpareBank 1 Østfold Akershus Past Earnings Performance
Past criteria checks 2/6
SpareBank 1 Østfold Akershus has been growing earnings at an average annual rate of 5.9%, while the Banks industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 5.5% per year. SpareBank 1 Østfold Akershus's return on equity is 10%, and it has net margins of 42%.
Key information
5.9%
Earnings growth rate
4.7%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 5.5% |
| Return on equity | 10.0% |
| Net Margin | 42.0% |
| Last Earnings Update | 30 Jun 2022 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How SpareBank 1 Østfold Akershus 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 |
|---|---|---|---|---|
| 30 Jun 22 | 908 | 381 | 253 | 0 |
| 31 Mar 22 | 945 | 418 | 250 | 0 |
| 31 Dec 21 | 927 | 415 | 245 | 0 |
| 30 Sep 21 | 922 | 413 | 243 | 0 |
| 30 Jun 21 | 900 | 402 | 240 | 0 |
| 31 Mar 21 | 863 | 376 | 233 | 0 |
| 31 Dec 20 | 822 | 345 | 232 | 0 |
| 30 Sep 20 | 797 | 333 | 226 | 0 |
| 30 Jun 20 | 779 | 315 | 225 | 0 |
| 31 Mar 20 | 772 | 311 | 224 | 0 |
| 31 Dec 19 | 845 | 378 | 222 | 0 |
| 30 Sep 19 | 827 | 370 | 220 | 0 |
| 30 Jun 19 | 825 | 374 | 217 | 0 |
| 31 Mar 19 | 811 | 366 | 215 | 0 |
| 31 Dec 18 | 775 | 335 | 208 | 0 |
| 30 Sep 18 | 786 | 350 | 226 | 0 |
| 30 Jun 18 | 782 | 360 | 218 | 0 |
| 31 Mar 18 | 750 | 335 | 205 | 0 |
| 31 Dec 17 | 709 | 300 | 205 | 0 |
| 30 Sep 17 | 680 | 270 | 197 | 0 |
| 30 Jun 17 | 689 | 270 | 196 | 0 |
| 31 Mar 17 | 723 | 302 | 197 | 0 |
| 31 Dec 16 | 722 | 305 | 196 | 0 |
| 30 Sep 16 | 698 | 276 | 203 | 0 |
| 30 Jun 16 | 627 | 223 | 204 | 0 |
| 31 Mar 16 | 588 | 196 | 204 | 0 |
| 31 Dec 15 | 596 | 202 | 204 | 0 |
Quality Earnings: 0M9E has high quality earnings.
Growing Profit Margin: 0M9E's current net profit margins (42%) are lower than last year (44.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0M9E's earnings have grown by 5.9% per year over the past 5 years.
Accelerating Growth: 0M9E's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0M9E had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Banks industry average (53.8%).
Return on Equity
High ROE: 0M9E's Return on Equity (10%) is considered low.