Romerike Sparebank Past Earnings Performance
Past criteria checks 2/6
Romerikerebank has been growing earnings at an average annual rate of 1.7%, while the Banks industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 19.7% per year. Romerikerebank's return on equity is 8.4%, and it has net margins of 13.3%.
Key information
1.7%
Earnings growth rate
-19.9%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 19.7% |
| Return on equity | 8.4% |
| Net Margin | 13.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Romerike 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 | 438 | 58 | 97 | 0 |
| 30 Jun 24 | 430 | 52 | 98 | 0 |
| 31 Mar 24 | 417 | 44 | 96 | 0 |
| 31 Dec 23 | 400 | 29 | 96 | 0 |
| 30 Jun 23 | 355 | 175 | 98 | 0 |
| 31 Mar 23 | 321 | 122 | 98 | 0 |
| 31 Dec 22 | 285 | 95 | 88 | 0 |
| 30 Sep 22 | 250 | 93 | 71 | 0 |
| 30 Jun 22 | 247 | 92 | 71 | 0 |
| 31 Mar 22 | 244 | 93 | 68 | 0 |
| 31 Dec 21 | 243 | 93 | 66 | 0 |
| 30 Sep 21 | 236 | -40 | 68 | 0 |
| 30 Jun 21 | 226 | -23 | 65 | 0 |
| 31 Mar 21 | 208 | 4 | 63 | 0 |
| 31 Dec 20 | 195 | 12 | 61 | 0 |
| 30 Sep 20 | 190 | 146 | 77 | 0 |
| 30 Jun 20 | 185 | 143 | 76 | 0 |
| 31 Mar 20 | 211 | 93 | 76 | 0 |
| 31 Dec 19 | 189 | 94 | 76 | 0 |
| 30 Sep 19 | 182 | 22 | 52 | 0 |
| 30 Jun 19 | 176 | 19 | 58 | 0 |
| 31 Mar 19 | 142 | 61 | 66 | 0 |
| 31 Dec 18 | 167 | 64 | 72 | 0 |
| 30 Sep 18 | 167 | 65 | 70 | 0 |
| 30 Jun 18 | 166 | 65 | 67 | 0 |
| 31 Mar 18 | 167 | 66 | 64 | 0 |
| 31 Dec 17 | 163 | 63 | 62 | 0 |
| 30 Sep 17 | 159 | 60 | 64 | 0 |
| 30 Jun 17 | 157 | 59 | 63 | 0 |
| 31 Mar 17 | 157 | 61 | 62 | 0 |
| 31 Dec 16 | 153 | 59 | 60 | 0 |
| 30 Sep 16 | 155 | 61 | 58 | 0 |
| 30 Jun 16 | 147 | 57 | 57 | 0 |
| 31 Mar 16 | 140 | 49 | 56 | 0 |
| 31 Dec 15 | 147 | 55 | 56 | 0 |
| 30 Sep 15 | 144 | 53 | 57 | 0 |
| 30 Jun 15 | 159 | 65 | 57 | 0 |
| 31 Mar 15 | 159 | 66 | 56 | 0 |
| 31 Dec 14 | 155 | 65 | 55 | 0 |
| 30 Sep 14 | 170 | 76 | 56 | 0 |
| 30 Jun 14 | 112 | 17 | 54 | 0 |
| 31 Mar 14 | 81 | -20 | 61 | 0 |
| 31 Dec 13 | 79 | -23 | 63 | 0 |
Quality Earnings: ROMER has high quality earnings.
Growing Profit Margin: ROMER's current net profit margins (13.3%) are lower than last year (27%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ROMER's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: ROMER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ROMER had negative earnings growth (-42.8%) over the past year, making it difficult to compare to the Banks industry average (18.2%).
Return on Equity
High ROE: ROMER's Return on Equity (8.4%) 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 | 2024/12/22 07:28 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Romerike Sparebank is covered by 1 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 |
|---|---|
| Ignas Lekštys | Norne Securities AS |