Nidaros Sparebank Past Earnings Performance
Past criteria checks 2/6
Nidarosrebank's earnings have been declining at an average annual rate of -29.5%, while the Banks industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 6.5% per year. Nidarosrebank's return on equity is 5.9%, and it has net margins of 5.8%.
Key information
-29.5%
Earnings growth rate
-0.2%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 6.5% |
| Return on equity | 5.9% |
| Net Margin | 5.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 124 | 7 | 46 | 0 |
| 30 Sep 23 | 120 | 14 | 43 | 0 |
| 30 Jun 23 | 117 | 16 | 43 | 0 |
| 31 Mar 23 | 109 | 14 | 41 | 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 (5.8%) are lower than last year (6.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NISB's earnings have declined by 29.5% per year over the past 5 years.
Accelerating Growth: NISB's earnings growth over the past year (10.7%) exceeds its 5-year average (-29.5% per year).
Earnings vs Industry: NISB earnings growth over the past year (10.7%) did not outperform the Banks industry 22.7%.
Return on Equity
High ROE: NISB's Return on Equity (5.9%) is considered low.