Aasen Sparebank Past Earnings Performance
Past criteria checks 4/6
Aasenrebank's earnings have been declining at an average annual rate of -18.7%, while the Banks industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 10.1% per year. Aasenrebank's return on equity is 10.3%, and it has net margins of 12.2%.
Key information
-18.7%
Earnings growth rate
-32.0%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 10.1% |
| Return on equity | 10.3% |
| Net Margin | 12.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Need To Know: One Analyst Is Much More Bullish On Aasen Sparebank (OB:AASB) Revenues
Jun 01
The Aasen Sparebank (OB:AASB) Analyst Just Cut Their Revenue Forecast By 12%
May 18Just Three Days Till Aasen Sparebank (OB:AASB) Will Be Trading Ex-Dividend
Mar 14Read This Before Buying Aasen Sparebank (OB:AASB) For Its Dividend
Feb 28Revenue & Expenses BreakdownBeta
How Aasen Sparebank 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 |
|---|---|---|---|---|
| 31 Dec 23 | 173 | 21 | 45 | 0 |
| 30 Sep 23 | 165 | 41 | 42 | 0 |
| 30 Jun 23 | 151 | 32 | 41 | 0 |
| 31 Mar 23 | 141 | 23 | 41 | 0 |
| 31 Dec 22 | 124 | 11 | 39 | 0 |
| 30 Sep 22 | 115 | 7 | 39 | 0 |
| 30 Jun 22 | 112 | 4 | 38 | 0 |
| 31 Mar 22 | 114 | 7 | 37 | 0 |
| 31 Dec 21 | 116 | 9 | 37 | 0 |
| 30 Sep 21 | 113 | 13 | 36 | 0 |
| 30 Jun 21 | 111 | 12 | 35 | 0 |
| 31 Mar 21 | 111 | 12 | 35 | 0 |
| 31 Dec 20 | 105 | 9 | 34 | 0 |
| 30 Sep 20 | 106 | 38 | 44 | 0 |
| 30 Jun 20 | 110 | 42 | 44 | 0 |
| 31 Mar 20 | 103 | 38 | 43 | 0 |
| 31 Dec 19 | 106 | 41 | 43 | 0 |
| 30 Sep 19 | 103 | 41 | 32 | 0 |
| 30 Jun 19 | 100 | 41 | 35 | 0 |
| 31 Mar 19 | 98 | 37 | 39 | 0 |
| 31 Dec 18 | 95 | 35 | 42 | 0 |
| 30 Sep 18 | 93 | 34 | 39 | 0 |
| 30 Jun 18 | 92 | 29 | 41 | 0 |
| 31 Mar 18 | 92 | 30 | 41 | 0 |
| 31 Dec 17 | 92 | 31 | 40 | 0 |
| 30 Sep 17 | 88 | 26 | 43 | 0 |
| 30 Jun 17 | 87 | 28 | 39 | 0 |
| 31 Mar 17 | 87 | 31 | 39 | 0 |
| 31 Dec 16 | 84 | 28 | 39 | 0 |
| 30 Sep 16 | 84 | 27 | 39 | 0 |
| 30 Jun 16 | 81 | 26 | 38 | 0 |
| 31 Mar 16 | 77 | 23 | 37 | 0 |
| 31 Dec 15 | 74 | 23 | 36 | 0 |
| 30 Sep 15 | 72 | 24 | 33 | 0 |
| 30 Jun 15 | 73 | 25 | 32 | 0 |
| 31 Mar 15 | 73 | 25 | 32 | 0 |
| 31 Dec 14 | 75 | 27 | 30 | 0 |
| 30 Sep 14 | 75 | 28 | 30 | 0 |
| 30 Jun 14 | 72 | 27 | 29 | 0 |
| 31 Mar 14 | 69 | 25 | 28 | 0 |
| 31 Dec 13 | 65 | 23 | 27 | 0 |
| 30 Sep 13 | 62 | 23 | 25 | 0 |
Quality Earnings: AASB has high quality earnings.
Growing Profit Margin: AASB's current net profit margins (12.2%) are higher than last year (9.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AASB's earnings have declined by 18.7% per year over the past 5 years.
Accelerating Growth: AASB's earnings growth over the past year (84.7%) exceeds its 5-year average (-18.7% per year).
Earnings vs Industry: AASB earnings growth over the past year (84.7%) exceeded the Banks industry 22.7%.
Return on Equity
High ROE: AASB's Return on Equity (10.3%) is considered low.