Tysnes Sparebank Past Earnings Performance
Past criteria checks 4/6
Tysnesrebank's earnings have been declining at an average annual rate of -7%, while the Banks industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 6.3% per year. Tysnesrebank's return on equity is 6.4%, and it has net margins of 34.2%.
Key information
-7.0%
Earnings growth rate
-16.7%
EPS growth rate
| Banks Industry Growth | 10.2% |
| Revenue growth rate | 6.3% |
| Return on equity | 6.4% |
| Net Margin | 34.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Tysnes 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 | 92 | 31 | 22 | 0 |
| 30 Sep 23 | 90 | 21 | 21 | 0 |
| 30 Jun 23 | 86 | 18 | 20 | 0 |
| 31 Mar 23 | 81 | 15 | 20 | 0 |
| 31 Dec 22 | 81 | 16 | 20 | 0 |
| 30 Sep 22 | 81 | 17 | 21 | 0 |
| 30 Jun 22 | 82 | 19 | 21 | 0 |
| 31 Mar 22 | 79 | 16 | 21 | 0 |
| 31 Dec 21 | 77 | 14 | 20 | 0 |
| 30 Sep 21 | 77 | 15 | 18 | 0 |
| 30 Jun 21 | 78 | 17 | 18 | 0 |
| 31 Mar 21 | 75 | 28 | 17 | 0 |
| 31 Dec 20 | 73 | 14 | 17 | 0 |
| 30 Sep 20 | 69 | 25 | 27 | 0 |
| 30 Jun 20 | 66 | 23 | 28 | 0 |
| 31 Mar 20 | 68 | 25 | 28 | 0 |
| 31 Dec 19 | 71 | 28 | 28 | 0 |
| 30 Sep 19 | 71 | 28 | 19 | 0 |
| 30 Jun 19 | 69 | 26 | 22 | 0 |
| 31 Mar 19 | 66 | 25 | 24 | 0 |
| 31 Dec 18 | 64 | 24 | 26 | 0 |
| 30 Sep 18 | 60 | 22 | 27 | 0 |
| 30 Jun 18 | 59 | 22 | 26 | 0 |
| 31 Mar 18 | 56 | 19 | 26 | 0 |
| 31 Dec 17 | 53 | 18 | 25 | 0 |
| 30 Sep 17 | 52 | 16 | 26 | 0 |
| 30 Jun 17 | 48 | 14 | 25 | 0 |
| 31 Mar 17 | 46 | 14 | 23 | 0 |
| 31 Dec 16 | 44 | 14 | 22 | 0 |
| 31 Dec 15 | 37 | 10 | 19 | 0 |
| 31 Dec 14 | 31 | 7 | 17 | 0 |
| 31 Dec 13 | 26 | 4 | 14 | 0 |
Quality Earnings: TYSB has high quality earnings.
Growing Profit Margin: TYSB's current net profit margins (34.2%) are higher than last year (20.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TYSB's earnings have declined by 7% per year over the past 5 years.
Accelerating Growth: TYSB's earnings growth over the past year (92.2%) exceeds its 5-year average (-7% per year).
Earnings vs Industry: TYSB earnings growth over the past year (92.2%) exceeded the Banks industry 22.7%.
Return on Equity
High ROE: TYSB's Return on Equity (6.4%) is considered low.