SpareBank 1 Nord-Norge First Quarter 2025 Earnings: EPS: kr3.57 (vs kr3.14 in 1Q 2024)

SpareBank 1 Nord-Norge (OB:NONG) First Quarter 2025 Results

Key Financial Results

• Revenue: kr1.50b (up 6.8% from 1Q 2024).
• Net income: kr801.0m (up 121% from 1Q 2024).
• Profit margin: 53% (up from 26% in 1Q 2024). The increase in margin was primarily driven by lower expenses.
• EPS: kr3.57 (up from kr3.14 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

SpareBank 1 Nord-Norge Earnings Insights

Looking ahead, revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Banks industry in Norway are expected to grow by 3.2%.

Performance of the Norwegian Banks industry.

The company's shares are up 3.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of SpareBank 1 Nord-Norge's balance sheet and an in-depth analysis of the company's financial position.

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