Nidaros Sparebank Past Earnings Performance
Past criteria checks 1/6
Nidarosrebank's earnings have been declining at an average annual rate of -31.5%, while the Banks industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 8.1% per year. Nidarosrebank's return on equity is 5.4%, and it has net margins of 4.6%.
Key information
-31.5%
Earnings growth rate
10.7%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 8.1% |
| Return on equity | 5.4% |
| Net Margin | 4.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Nidaros 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 |
|---|---|---|---|---|
| 30 Sep 24 | 131 | 6 | 51 | 0 |
| 30 Jun 24 | 128 | 7 | 47 | 0 |
| 31 Mar 24 | 129 | 9 | 47 | 0 |
| 31 Dec 23 | 124 | 7 | 46 | 0 |
| 30 Sep 23 | 120 | 13 | 39 | 0 |
| 30 Jun 23 | 117 | 14 | 40 | 0 |
| 31 Mar 23 | 109 | 14 | 38 | 0 |
| 31 Dec 22 | 99 | 6 | 37 | 0 |
| 30 Sep 22 | 92 | 1 | 39 | 0 |
| 30 Jun 22 | 88 | -1 | 38 | 0 |
| 31 Mar 22 | 96 | 4 | 37 | 0 |
| 31 Dec 21 | 99 | 7 | 35 | 0 |
| 30 Sep 21 | 101 | 13 | 35 | 0 |
| 30 Jun 21 | 103 | 15 | 34 | 0 |
| 31 Mar 21 | 100 | 15 | 32 | 0 |
| 31 Dec 20 | 89 | 7 | 31 | 0 |
| 30 Sep 20 | 89 | 26 | 42 | 0 |
| 30 Jun 20 | 90 | 27 | 41 | 0 |
| 31 Mar 20 | 85 | 22 | 42 | 0 |
| 31 Dec 19 | 95 | 31 | 43 | 0 |
| 30 Sep 19 | 90 | 29 | 31 | 0 |
| 30 Jun 19 | 87 | 26 | 35 | 0 |
| 31 Mar 19 | 85 | 26 | 37 | 0 |
| 31 Dec 18 | 82 | 24 | 40 | 0 |
| 30 Sep 18 | 81 | 22 | 42 | 0 |
| 30 Jun 18 | 81 | 23 | 40 | 0 |
| 31 Mar 18 | 80 | 22 | 42 | 0 |
| 31 Dec 17 | 79 | 20 | 42 | 0 |
| 30 Sep 17 | 76 | 20 | 41 | 0 |
| 30 Jun 17 | 72 | 17 | 41 | 0 |
| 31 Mar 17 | 72 | 18 | 40 | 0 |
| 31 Dec 16 | 68 | 16 | 38 | 0 |
| 31 Dec 15 | 64 | 13 | 37 | 0 |
Quality Earnings: NISB has high quality earnings.
Growing Profit Margin: NISB's current net profit margins (4.6%) are lower than last year (11.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NISB's earnings have declined by 31.5% per year over the past 5 years.
Accelerating Growth: NISB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NISB had negative earnings growth (-55%) over the past year, making it difficult to compare to the Banks industry average (18.2%).
Return on Equity
High ROE: NISB's Return on Equity (5.4%) 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 | 2024/12/23 07:27 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Nidaros 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.
| Analyst | Institution |
|---|---|
| Žilvinas Jusaitis | Norne Securities AS |
| Ignas Lekštys | Norne Securities AS |