SpareBank 1 Nordmøre Past Earnings Performance

Past criteria checks 4/6

SpareBank 1 Nordmøre has been growing earnings at an average annual rate of 33.6%, while the Banks industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 17% per year. SpareBank 1 Nordmøre's return on equity is 10.9%, and it has net margins of 16%.

Key information

33.6%

Earnings growth rate

4.9%

EPS growth rate

Banks Industry Growth	21.2%
Revenue growth rate	17.0%
Return on equity	10.9%
Net Margin	16.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

LSE:0TD0 Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	977	156	254
30 Jun 24	897	128	255
31 Mar 24	871	122	254
31 Dec 23	835	111	253
30 Sep 23	838	126	235
30 Jun 23	786	115	229
31 Mar 23	765	114	225
31 Dec 22	770	124	222
30 Sep 22	692	88	251
30 Jun 22	698	81	240
31 Mar 22	684	74	222
31 Dec 21	597	53	197
30 Sep 21	547	45	165
30 Jun 21	501	41	153
31 Mar 21	442	29	139
31 Dec 20	428	21	144
30 Sep 20	435	33	156
30 Jun 20	419	31	160
31 Mar 20	432	32	161
31 Dec 19	520	46	159
30 Sep 19	507	36	152
30 Jun 19	490	34	152
31 Mar 19	479	34	151
31 Dec 18	412	23	147
30 Sep 18	448	17	218
30 Jun 18	456	19	202
31 Mar 18	471	23	202
31 Dec 17	453	19	201
30 Sep 17	414	163	122
30 Jun 17	428	162	149
31 Mar 17	427	158	162
31 Dec 16	411	157	173
30 Sep 16	405	31	139
30 Jun 16	360	86	131
31 Mar 16	324	61	125
31 Dec 15	326	84	124
30 Sep 15	319	84	118
30 Jun 15	354	63	121
31 Mar 15	365	129	122
31 Dec 14	365	131	119
30 Sep 14	372	56	131
30 Jun 14	352	39	127
31 Mar 14	334	32	125

Quality Earnings: 0TD0 has high quality earnings.

Growing Profit Margin: 0TD0's current net profit margins (16%) are higher than last year (15%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0TD0's earnings have grown significantly by 33.6% per year over the past 5 years.

Accelerating Growth: 0TD0's earnings growth over the past year (23.8%) is below its 5-year average (33.6% per year).

Earnings vs Industry: 0TD0 earnings growth over the past year (23.8%) exceeded the Banks industry 10.1%.

Return on Equity

High ROE: 0TD0's Return on Equity (10.9%) 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	2025/01/02 08:14
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

SpareBank 1 Nordmøre is covered by 1 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