Instabank Past Earnings Performance

Past criteria checks 2/6

Instabank has been growing earnings at an average annual rate of 24.2%, while the Banks industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 14.8% per year. Instabank's return on equity is 9.9%, and it has net margins of 32%.

Key information

24.2%

Earnings growth rate

22.2%

EPS growth rate

Banks Industry Growth	10.2%
Revenue growth rate	14.8%
Return on equity	9.9%
Net Margin	32.0%
Next Earnings Update	15 Aug 2024

Recent past performance updates

Recent updates

Is Now The Time To Put Instabank (OB:INSTA) On Your Watchlist?

Sep 01

Instabank ASA's (OB:INSTA) CEO Will Probably Find It Hard To See A Huge Raise This Year

Apr 01

Chief Executive Officer Robert Berg Just Bought 2.0% More Shares In Instabank ASA (OB:INSTA)

Feb 21

I Ran A Stock Scan For Earnings Growth And Instabank (OB:INSTA) Passed With Ease

Dec 23

Revenue & Expenses Breakdown
Beta

How Instabank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:INSTA Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	298	95	165
31 Dec 23	297	101	158
30 Sep 23	285	101	142
30 Jun 23	268	91	138
31 Mar 23	262	85	138
31 Dec 22	257	82	146
30 Sep 22	257	82	135
30 Jun 22	260	88	131
31 Mar 22	254	90	123
31 Dec 21	239	83	115
30 Sep 21	224	72	124
30 Jun 21	206	61	121
31 Mar 21	187	51	115
31 Dec 20	170	43	110
30 Sep 20	165	43	103
30 Jun 20	164	44	103
31 Mar 20	163	43	109
31 Dec 19	171	41	113
30 Sep 19	162	35	113
30 Jun 19	155	28	114
31 Mar 19	153	25	109
31 Dec 18	142	26	105
30 Sep 18	130	20	99
30 Jun 18	113	15	89
31 Mar 18	98	9	82
31 Dec 17	79	2	73
30 Sep 17	57	-8	69
30 Jun 17	34	-17	58
31 Mar 17	14	-20	43
31 Dec 16	2	-17	29

Quality Earnings: INSTA has high quality earnings.

Growing Profit Margin: INSTA's current net profit margins (32%) are lower than last year (32.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: INSTA's earnings have grown significantly by 24.2% per year over the past 5 years.

Accelerating Growth: INSTA's earnings growth over the past year (11.9%) is below its 5-year average (24.2% per year).

Earnings vs Industry: INSTA earnings growth over the past year (11.9%) did not outperform the Banks industry 22.7%.

Instabank Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Instabank ASA to Report Q4, 2024 Results on Feb 06, 2025

Third quarter 2023 earnings released: EPS: kr0.07 (vs kr0.055 in 3Q 2022)

Second quarter 2023 earnings released: EPS: kr0.072 (vs kr0.056 in 2Q 2022)

Recent updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Board Member recently bought kr121k worth of stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Instabank ASA to Report Q4, 2024 Results on Feb 06, 2025

Third quarter 2023 earnings released: EPS: kr0.07 (vs kr0.055 in 3Q 2022)

Board Member recently bought kr101k worth of stock

Second quarter 2023 earnings released: EPS: kr0.072 (vs kr0.056 in 2Q 2022)

Consensus EPS estimates fall by 16%

First quarter 2023 earnings: Revenues exceed analyst expectations

Consensus EPS estimates increase by 26%

Instabank ASA to Report First Half, 2023 Results on Aug 10, 2023

Chief Executive Officer recently bought kr226k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

No independent directors

Investor sentiment deteriorated over the past week

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: kr0.12 (vs kr0.06 in 2Q 2021)

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: EPS and revenues miss analyst expectations

No independent directors

Lunar Bank A/S agreed to acquire an unknown minority stake in Instabank ASA (OB:INSTA) for NOK 1.3 billion.

Investor sentiment improved over the past week

Now 24% undervalued

Full year 2021 earnings: EPS and revenues exceed analyst expectations

An unknown buyer entered into an agreement to acquire Non-performing loans (NPL) portfolio of Instabank ASA from Instabank ASA (OB:INSTA).

Chief Marketing Officer recently bought kr1.3m worth of stock

Is Now The Time To Put Instabank (OB:INSTA) On Your Watchlist?

Chief Marketing Officer recently bought kr256k worth of stock

Instabank ASA (OB:INSTA) agreed to acquire Portfolio Of Unsecured Loans of Optin Bank ASA from Optin Bank ASA for NOK 40.5 million.

Instabank ASA's (OB:INSTA) CEO Will Probably Find It Hard To See A Huge Raise This Year

Chief Marketing Officer recently bought kr51k worth of stock

Chief Risk Officer recently bought kr85k worth of stock

Chief Executive Officer Robert Berg Just Bought 2.0% More Shares In Instabank ASA (OB:INSTA)

Chief Executive Officer recently bought kr178k worth of stock

Instabank ASA to Report Fiscal Year 2020 Final Results on Mar 19, 2021

Investor sentiment improved over the past week

New 90-day high: kr1.50

I Ran A Stock Scan For Earnings Growth And Instabank (OB:INSTA) Passed With Ease

New 90-day high: kr1.40

Market bids up stock over the past week

Chief Executive Officer recently bought kr343k worth of stock

Chief Marketing Officer recently bought kr200k worth of stock

Price target lowered to kr0.45

Instabank ASA to Report Q3, 2020 Results on Oct 29, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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