Voss Veksel- og Landmandsbank ASA

OB:VVL Stock Report

Market Cap: NOK 683.2m

Voss Veksel- og Landmandsbank Past Earnings Performance

Past criteria checks 5/6

Voss Veksel- og Landmandsbank has been growing earnings at an average annual rate of 18%, while the Banks industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 13.6% per year. Voss Veksel- og Landmandsbank's return on equity is 12.6%, and it has net margins of 49.6%.

Key information

18.0%

Earnings growth rate

14.7%

EPS growth rate

Banks Industry Growth10.2%
Revenue growth rate13.6%
Return on equity12.6%
Net Margin49.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Voss Veksel- og Landmandsbank's (OB:VVL) Dividend Will Be Reduced To kr10.05

Feb 12
Voss Veksel- og Landmandsbank's (OB:VVL) Dividend Will Be Reduced To kr10.05

Should Voss Veksel- og Landmandsbank ASA (OB:VVL) Be Part Of Your Dividend Portfolio?

Apr 21
Should Voss Veksel- og Landmandsbank ASA (OB:VVL) Be Part Of Your Dividend Portfolio?

Is Voss Veksel- og Landmandsbank ASA (OB:VVL) A Good Fit For Your Dividend Portfolio?

Jan 01
Is Voss Veksel- og Landmandsbank ASA (OB:VVL) A Good Fit For Your Dividend Portfolio?

Revenue & Expenses Breakdown

How Voss Veksel- og Landmandsbank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:VVL Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2419295390
31 Mar 2418084370
31 Dec 2317178370
30 Sep 2316468350
30 Jun 2315063320
31 Mar 2314160310
31 Dec 2213054290
30 Sep 2211649270
30 Jun 2211346280
31 Mar 2210742270
31 Dec 2110945270
30 Sep 2110738260
30 Jun 2110740260
31 Mar 2110437260
31 Dec 209933260
30 Sep 2010241260
30 Jun 2010541260
31 Mar 2010644250
31 Dec 1910947250
30 Sep 1910643260
30 Jun 1910443260
31 Mar 1910442280
31 Dec 1810240280
30 Sep 1810139300
30 Jun 188724310
31 Mar 188623330
31 Dec 178320330
30 Sep 177919320
30 Jun 178627360
31 Mar 178829390
31 Dec 168529440
30 Sep 168628450
30 Jun 168426450
31 Mar 167318430
31 Dec 157017430
30 Sep 156815420
30 Jun 157219410
31 Mar 158330400
31 Dec 148934400
30 Sep 148936380
30 Jun 148835390
31 Mar 148027400
31 Dec 137523400

Quality Earnings: VVL has high quality earnings.

Growing Profit Margin: VVL's current net profit margins (49.6%) are higher than last year (41.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VVL's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: VVL's earnings growth over the past year (39.2%) exceeds its 5-year average (18% per year).

Earnings vs Industry: VVL earnings growth over the past year (39.2%) exceeded the Banks industry 18.2%.

Return on Equity

High ROE: VVL's Return on Equity (12.6%) 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 Analysis2024/12/23 05:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
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

Voss Veksel- og Landmandsbank ASA is covered by 2 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
Žilvinas JusaitisNorne Securities AS
Vegard ToverudPareto Securities