Jæren Sparebank Past Earnings Performance
Past criteria checks 5/6
Jærenrebank has been growing earnings at an average annual rate of 11.5%, while the Banks industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 8.6% per year. Jærenrebank's return on equity is 9.5%, and it has net margins of 23.8%.
Key information
11.5%
Earnings growth rate
11.4%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 8.6% |
| Return on equity | 9.5% |
| Net Margin | 23.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Jæren 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 | 497 | 118 | 113 | 0 |
| 30 Sep 23 | 483 | 116 | 158 | 0 |
| 30 Jun 23 | 469 | 113 | 153 | 0 |
| 31 Mar 23 | 446 | 105 | 151 | 0 |
| 31 Dec 22 | 419 | 95 | 105 | 0 |
| 30 Sep 22 | 397 | 95 | 102 | 0 |
| 30 Jun 22 | 368 | 85 | 109 | 0 |
| 31 Mar 22 | 358 | 77 | 117 | 0 |
| 31 Dec 21 | 352 | 77 | 127 | 0 |
| 30 Sep 21 | 362 | 63 | 133 | 0 |
| 30 Jun 21 | 359 | 64 | 130 | 0 |
| 31 Mar 21 | 351 | 62 | 130 | 0 |
| 31 Dec 20 | 333 | 56 | 129 | 0 |
| 30 Sep 20 | 327 | 71 | 130 | 0 |
| 30 Jun 20 | 337 | 75 | 134 | 0 |
| 31 Mar 20 | 340 | 76 | 133 | 0 |
| 31 Dec 19 | 357 | 83 | 133 | 0 |
| 30 Sep 19 | 337 | 75 | 139 | 0 |
| 30 Jun 19 | 324 | 70 | 136 | 0 |
| 31 Mar 19 | 317 | 67 | 136 | 0 |
| 31 Dec 18 | 312 | 66 | 134 | 0 |
| 30 Sep 18 | 312 | 65 | 141 | 0 |
| 30 Jun 18 | 316 | 67 | 139 | 0 |
| 31 Mar 18 | 308 | 65 | 138 | 0 |
| 31 Dec 17 | 309 | 66 | 138 | 0 |
| 30 Sep 17 | 307 | 79 | 134 | 0 |
| 30 Jun 17 | 309 | 81 | 133 | 0 |
| 31 Mar 17 | 316 | 84 | 136 | 0 |
| 31 Dec 16 | 302 | 78 | 134 | 0 |
| 30 Sep 16 | 301 | 63 | 140 | 0 |
| 30 Jun 16 | 279 | 51 | 142 | 0 |
| 31 Mar 16 | 268 | 44 | 142 | 0 |
| 31 Dec 15 | 280 | 116 | 147 | 0 |
| 30 Sep 15 | 250 | 118 | 124 | 0 |
| 30 Jun 15 | 233 | 123 | 108 | 0 |
| 31 Mar 15 | 198 | 130 | 87 | 0 |
| 31 Dec 14 | 160 | 58 | 70 | 0 |
| 30 Sep 14 | 160 | 59 | 62 | 0 |
| 30 Jun 14 | 159 | 61 | 61 | 0 |
| 31 Mar 14 | 143 | 48 | 61 | 0 |
| 31 Dec 13 | 137 | 46 | 59 | 0 |
| 30 Sep 13 | 142 | 38 | 58 | 0 |
| 30 Jun 13 | 133 | 32 | 57 | 0 |
Quality Earnings: JAREN has high quality earnings.
Growing Profit Margin: JAREN's current net profit margins (23.8%) are higher than last year (22.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JAREN's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: JAREN's earnings growth over the past year (24.6%) exceeds its 5-year average (11.5% per year).
Earnings vs Industry: JAREN earnings growth over the past year (24.6%) exceeded the Banks industry 19.7%.
Return on Equity
High ROE: JAREN's Return on Equity (9.5%) is considered low.