SpareBank 1 Sørøst-Norge

OB:SOON Stock Report

Market Cap: NOK 813.4m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

SpareBank 1 Sørøst-Norge Past Earnings Performance

Past criteria checks 2/6

SpareBank 1 Sørøst-Norge has been growing earnings at an average annual rate of 26.5%, while the Banks industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 24.2% per year. SpareBank 1 Sørøst-Norge's return on equity is 10.4%, and it has net margins of 26.1%.

Key information

26.5%

Earnings growth rate

5.9%

EPS growth rate

Banks Industry Growth10.2%
Revenue growth rate24.2%
Return on equity10.4%
Net Margin26.1%
Next Earnings Update31 Oct 2024

Recent past performance updates

Recent updates

Earnings Beat: SpareBank 1 Sørøst-Norge Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Apr 28
Earnings Beat: SpareBank 1 Sørøst-Norge Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Increases to CEO Compensation Might Be Put On Hold For Now at SpareBank 1 BV (OB:SBVG)

Apr 03
Increases to CEO Compensation Might Be Put On Hold For Now at SpareBank 1 BV (OB:SBVG)

Growth Investors: Industry Analysts Just Upgraded Their SpareBank 1 BV (OB:SBVG) Revenue Forecasts By 65%

Mar 08
Growth Investors: Industry Analysts Just Upgraded Their SpareBank 1 BV (OB:SBVG) Revenue Forecasts By 65%

You Have To Love SpareBank 1 BV's (OB:SBVG) Dividend

Mar 02
You Have To Love SpareBank 1 BV's (OB:SBVG) Dividend

What Kind Of Shareholders Own SpareBank 1 BV (OB:SBVG)?

Feb 02
What Kind Of Shareholders Own SpareBank 1 BV (OB:SBVG)?

SpareBank 1 BV (OB:SBVG) Has Gifted Shareholders With A Fantastic 210% Total Return On Their Investment

Jan 06
SpareBank 1 BV (OB:SBVG) Has Gifted Shareholders With A Fantastic 210% Total Return On Their Investment

Need To Know: SpareBank 1 BV (OB:SBVG) Insiders Have Been Buying Shares

Dec 11
Need To Know: SpareBank 1 BV (OB:SBVG) Insiders Have Been Buying Shares

Could SpareBank 1 BV (OB:SBVG) Have The Makings Of Another Dividend Aristocrat?

Nov 20
Could SpareBank 1 BV (OB:SBVG) Have The Makings Of Another Dividend Aristocrat?

Revenue & Expenses Breakdown

How SpareBank 1 Sørøst-Norge makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:SOON Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 243,1188138500
31 Mar 243,1288388300
31 Dec 233,0447958130
30 Sep 233,0508218320
30 Jun 232,9707937980
31 Mar 232,7887257760
31 Dec 222,5826307300
30 Sep 222,2025576480
30 Jun 222,1505626490
31 Mar 221,9725465820
31 Dec 211,7655225470
30 Sep 211,6604454600
30 Jun 211,4063683910
31 Mar 211,2703023860
31 Dec 201,2282753790
30 Sep 201,2362833790
30 Jun 201,1872613750
31 Mar 201,1762563760
31 Dec 191,2533053710
30 Sep 191,2002903580
30 Jun 191,2083002550
31 Mar 191,2133533540
31 Dec 181,1983473560
30 Sep 181,2353613560
30 Jun 181,1913343520
31 Mar 181,1862803550
31 Dec 171,2132993510
30 Sep 171,0922423050
30 Jun 171,0532193060
31 Mar 171,0071762800
31 Dec 16824732580
30 Sep 16819772580
30 Jun 16745592330
31 Mar 16670102320
31 Dec 15657392300
30 Sep 15595-1292600
30 Jun 15631-1092960
31 Mar 1565472930
31 Dec 14676322910
30 Sep 147642522800
30 Jun 147622842460
31 Mar 147262542500
31 Dec 136932232470

Quality Earnings: SOON has high quality earnings.

Growing Profit Margin: SOON's current net profit margins (26.1%) are lower than last year (26.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SOON's earnings have grown significantly by 26.5% per year over the past 5 years.

Accelerating Growth: SOON's earnings growth over the past year (2.5%) is below its 5-year average (26.5% per year).

Earnings vs Industry: SOON earnings growth over the past year (2.5%) did not outperform the Banks industry 13%.

Return on Equity

High ROE: SOON's Return on Equity (10.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/02 15:13
End of Day Share Price 2024/09/30 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

SpareBank 1 Sørøst-Norge is covered by 4 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.

AnalystInstitution
Geir KristiansenBeringer Finance AB
Håkon AstrupDNB Markets
Žilvinas JusaitisNorne Securities AS