Sogn Sparebank Past Earnings Performance
Past criteria checks 5/6
Sognrebank has been growing earnings at an average annual rate of 22.4%, while the Banks industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 14.5% per year. Sognrebank's return on equity is 7.8%, and it has net margins of 5.1%.
Key information
22.4%
Earnings growth rate
24.6%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 14.5% |
| Return on equity | 7.8% |
| Net Margin | 5.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
This Broker Just Slashed Their Sogn Sparebank (OB:SOGN) Earnings Forecasts
Feb 29
This Analyst Just Made A Neat Upgrade To Their Sogn Sparebank (OB:SOGN) Earnings Forecasts
Nov 20Does Sogn Sparebank (OB:SOGN) Deserve A Spot On Your Watchlist?
Mar 09Does Sogn Sparebank (OB:SOGN) Deserve A Spot On Your Watchlist?
Nov 10The Sogn Sparebank (OB:SOGN) Analyst Just Cut Their Revenue Forecast By 24%
Feb 14
Should You Buy Sogn Sparebank (OB:SOGN) For Its 2.9% Dividend?
Dec 15Revenue & Expenses BreakdownBeta
How Sogn 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 | 224 | 11 | 48 | 0 |
| 30 Sep 23 | 219 | 9 | 46 | 0 |
| 30 Jun 23 | 206 | 9 | 43 | 0 |
| 31 Mar 23 | 196 | 9 | 43 | 0 |
| 31 Dec 22 | 179 | 9 | 43 | 0 |
| 30 Sep 22 | 166 | 8 | 42 | 0 |
| 30 Jun 22 | 164 | 8 | 42 | 0 |
| 31 Mar 22 | 160 | 7 | 43 | 0 |
| 31 Dec 21 | 160 | 7 | 45 | 0 |
| 30 Sep 21 | 159 | 6 | 59 | 0 |
| 30 Jun 21 | 156 | 6 | 63 | 0 |
| 31 Mar 21 | 157 | 6 | 63 | 0 |
| 31 Dec 20 | 146 | 4 | 57 | 0 |
| 30 Sep 20 | 130 | 3 | 61 | 0 |
| 30 Jun 20 | 136 | 3 | 60 | 0 |
| 31 Mar 20 | 137 | 2 | 60 | 0 |
| 31 Dec 19 | 133 | 4 | 55 | 0 |
| 30 Sep 19 | 133 | 5 | 45 | 0 |
| 30 Jun 19 | 110 | 4 | 39 | 0 |
| 31 Mar 19 | 91 | 5 | 37 | 0 |
| 31 Dec 18 | 93 | 6 | 37 | 0 |
| 30 Sep 18 | 88 | 6 | 39 | 0 |
| 30 Jun 18 | 91 | 7 | 39 | 0 |
| 31 Mar 18 | 94 | 8 | 37 | 0 |
| 31 Dec 17 | 92 | 7 | 37 | 0 |
| 30 Sep 17 | 91 | 20 | 35 | 0 |
| 30 Jun 17 | 94 | 20 | 41 | 0 |
| 31 Mar 17 | 89 | 19 | 43 | 0 |
| 31 Dec 16 | 88 | 18 | 46 | 0 |
| 30 Sep 16 | 90 | 6 | 45 | 0 |
| 30 Jun 16 | 81 | 5 | 43 | 0 |
| 31 Mar 16 | 78 | 5 | 39 | 0 |
| 31 Dec 15 | 79 | 6 | 39 | 0 |
| 30 Sep 15 | 78 | 21 | 41 | 0 |
| 30 Jun 15 | 82 | 22 | 40 | 0 |
| 31 Mar 15 | 83 | 22 | 43 | 0 |
| 31 Dec 14 | 85 | 23 | 42 | 0 |
| 30 Sep 14 | 83 | 17 | 41 | 0 |
| 30 Jun 14 | 83 | 17 | 41 | 0 |
| 31 Mar 14 | 78 | 16 | 40 | 0 |
| 31 Dec 13 | 73 | 16 | 39 | 0 |
| 30 Sep 13 | 71 | -16 | 38 | 0 |
| 30 Jun 13 | 73 | -8 | 36 | 0 |
Quality Earnings: SOGN has high quality earnings.
Growing Profit Margin: SOGN's current net profit margins (5.1%) are higher than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOGN's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: SOGN's earnings growth over the past year (26%) exceeds its 5-year average (22.4% per year).
Earnings vs Industry: SOGN earnings growth over the past year (26%) exceeded the Banks industry 22.7%.
Return on Equity
High ROE: SOGN's Return on Equity (7.8%) is considered low.