Sparebanken Øst First Quarter 2025 Earnings: Misses Expectations

Simply Wall St

May 16, 2025

Sparebanken Øst (OB:SPOG) First Quarter 2025 Results

Key Financial Results

Revenue: kr234.4m (down 16% from 1Q 2024).
Net income: kr107.4m (up 167% from 1Q 2024).
Profit margin: 46% (up from 14% in 1Q 2024). The increase in margin was driven by lower expenses.
EPS: kr1.38.

We've discovered 1 warning sign about Sparebanken Øst. View them for free.

earnings-and-revenue-growth — OB:SPOG Earnings and Revenue Growth May 16th 2025

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

Sparebanken Øst Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Norway.

Performance of the Norwegian Banks industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Sparebanken Øst you should be aware of.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.