SpareBank 1 Ringerike Hadeland Full Year 2024 Earnings: EPS: kr44.98 (vs kr28.67 in FY 2023)

SpareBank 1 Ringerike Hadeland (OB:RING) Full Year 2024 Results

Key Financial Results

• Revenue: kr1.36b (up 27% from FY 2023).
• Net income: kr704.0m (up 57% from FY 2023).
• Profit margin: 52% (up from 42% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: kr44.98 (up from kr28.67 in FY 2023).

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

SpareBank 1 Ringerike Hadeland Earnings Insights

Looking ahead, revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Banks industry in Norway are expected to grow by 2.0%.

Performance of the Norwegian Banks industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

Be aware that SpareBank 1 Ringerike Hadeland is showing 1 warning sign in our investment analysis that you should know about...

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