Melhus Sparebank

OB:MELG Stock Report

Market Cap: NOK 452.4m

Melhus Sparebank Past Earnings Performance

Past criteria checks 2/6

Melhusrebank has been growing earnings at an average annual rate of 6.2%, while the Banks industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 10.1% per year. Melhusrebank's return on equity is 7.6%, and it has net margins of 10.9%.

Key information

6.2%

Earnings growth rate

6.2%

EPS growth rate

Banks Industry Growth10.2%
Revenue growth rate10.1%
Return on equity7.6%
Net Margin10.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

News Flash: One Analyst Just Made A Notable Upgrade To Their Melhus Sparebank (OB:MELG) Forecasts

Aug 02
News Flash: One Analyst Just Made A Notable Upgrade To Their Melhus Sparebank (OB:MELG) Forecasts

One Melhus Sparebank (OB:MELG) Analyst Just Made A Major Cut To Next Year's Estimates

Feb 29
One Melhus Sparebank (OB:MELG) Analyst Just Made A Major Cut To Next Year's Estimates

Need To Know: One Analyst Is Much More Bullish On Melhus Sparebank (OB:MELG) Revenues

Apr 27
Need To Know: One Analyst Is Much More Bullish On Melhus Sparebank (OB:MELG) Revenues

Downgrade: What You Need To Know About The Latest Melhus Sparebank (OB:MELG) Forecasts

Nov 18
Downgrade: What You Need To Know About The Latest Melhus Sparebank (OB:MELG) Forecasts

One Analyst Thinks Melhus Sparebank's (OB:MELG) Revenues Are Under Threat

Aug 07
One Analyst Thinks Melhus Sparebank's (OB:MELG) Revenues Are Under Threat

News Flash: One Analyst Just Made A Sizeable Upgrade To Their Melhus Sparebank (OB:MELG) Forecasts

Apr 28
News Flash: One Analyst Just Made A Sizeable Upgrade To Their Melhus Sparebank (OB:MELG) Forecasts

One Analyst's Revenue Estimates For Melhus Sparebank (OB:MELG) Are Surging Higher

Aug 04
One Analyst's Revenue Estimates For Melhus Sparebank (OB:MELG) Are Surging Higher

How Much is Melhus Sparebank's (OB:MELG) CEO Getting Paid?

Feb 17
How Much is Melhus Sparebank's (OB:MELG) CEO Getting Paid?

Are Dividend Investors Getting More Than They Bargained For With Melhus Sparebank's (OB:MELG) Dividend?

Dec 15
Are Dividend Investors Getting More Than They Bargained For With Melhus Sparebank's (OB:MELG) Dividend?

Revenue & Expenses Breakdown

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

Earnings and Revenue History

OB:MELG Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24332361190
30 Jun 24331261150
31 Mar 2432444890
31 Dec 2332045870
30 Sep 2329248560
30 Jun 23278102560
31 Mar 2326339760
31 Dec 2225235760
30 Sep 2225038570
30 Jun 2224437620
31 Mar 2224437660
31 Dec 2124239700
30 Sep 2123337640
30 Jun 2122536600
31 Mar 2121535580
31 Dec 2020633570
30 Sep 2021032600
30 Jun 2021434610
31 Mar 2021736600
31 Dec 1922138580
30 Sep 1921137790
30 Jun 1920737770
31 Mar 1920135770
31 Dec 1819935760
30 Sep 1815035340
30 Jun 1819634790
31 Mar 1819132790
31 Dec 1719232790
30 Sep 17371362350
30 Jun 17321331890
31 Mar 17321321900
31 Dec 16321331890
30 Sep 1618226750
30 Jun 1617324770
31 Mar 1616622760
31 Dec 1515718740
30 Sep 1515522600
30 Jun 1515724570
31 Mar 1515524550
31 Dec 1415324540
30 Sep 1415220630
30 Jun 1415319610
31 Mar 1414415610
31 Dec 1314014610

Quality Earnings: MELG has high quality earnings.

Growing Profit Margin: MELG's current net profit margins (10.9%) are lower than last year (16.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MELG's earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: MELG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MELG had negative earnings growth (-24.6%) over the past year, making it difficult to compare to the Banks industry average (18.2%).

Return on Equity

High ROE: MELG's Return on Equity (7.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 02:03
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Melhus Sparebank is covered by 2 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.

AnalystInstitution
Žilvinas JusaitisNorne Securities AS
Vegard ToverudPareto Securities