SpareBank 1 Sør-Norge Past Earnings Performance
Past criteria checks 5/6
SpareBank 1 Sør-Norge has been growing earnings at an average annual rate of 14.5%, while the Banks industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 12.7% per year. SpareBank 1 Sør-Norge's return on equity is 14.4%, and it has net margins of 49%.
Key information
14.5%
Earnings growth rate
13.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 12.7% |
| Return on equity | 14.4% |
| Net Margin | 49.0% |
| Next Earnings Update | 31 Oct 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How SpareBank 1 Sør-Norge 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 |
|---|---|---|---|---|
| 30 Jun 24 | 9,567 | 4,689 | 2,405 | 0 |
| 31 Mar 24 | 9,404 | 4,578 | 2,335 | 0 |
| 31 Dec 23 | 8,976 | 4,300 | 2,305 | 0 |
| 30 Sep 23 | 8,205 | 3,828 | 2,187 | 0 |
| 30 Jun 23 | 7,744 | 3,629 | 2,056 | 0 |
| 31 Mar 23 | 7,313 | 3,405 | 2,051 | 0 |
| 31 Dec 22 | 7,038 | 3,293 | 2,025 | 0 |
| 30 Sep 22 | 6,888 | 3,188 | 2,059 | 0 |
| 30 Jun 22 | 6,760 | 3,095 | 2,066 | 0 |
| 31 Mar 22 | 6,676 | 3,123 | 2,076 | 0 |
| 31 Dec 21 | 6,552 | 3,089 | 1,978 | 0 |
| 30 Sep 21 | 6,058 | 2,806 | 1,916 | 0 |
| 30 Jun 21 | 5,664 | 2,577 | 1,858 | 0 |
| 31 Mar 21 | 4,860 | 2,007 | 1,678 | 0 |
| 31 Dec 20 | 4,207 | 1,503 | 1,722 | 0 |
| 30 Sep 20 | 4,177 | 1,385 | 1,358 | 0 |
| 30 Jun 20 | 4,353 | 1,480 | 1,430 | 0 |
| 31 Mar 20 | 5,228 | 2,138 | 1,616 | 0 |
| 31 Dec 19 | 6,295 | 3,084 | 1,606 | 0 |
| 30 Sep 19 | 6,243 | 3,140 | 1,603 | 0 |
| 30 Jun 19 | 6,205 | 3,190 | 1,544 | 0 |
| 31 Mar 19 | 5,820 | 2,916 | 1,508 | 0 |
| 31 Dec 18 | 5,121 | 2,291 | 1,472 | 0 |
| 30 Sep 18 | 5,139 | 2,322 | 1,496 | 0 |
| 30 Jun 18 | 5,083 | 2,300 | 1,471 | 0 |
| 31 Mar 18 | 4,953 | 2,198 | 1,452 | 0 |
| 31 Dec 17 | 4,777 | 2,084 | 1,428 | 0 |
| 30 Sep 17 | 4,572 | 1,956 | 1,354 | 0 |
| 30 Jun 17 | 4,438 | 1,880 | 1,379 | 0 |
| 31 Mar 17 | 4,242 | 1,772 | 1,350 | 0 |
| 31 Dec 16 | 4,190 | 1,755 | 1,329 | 0 |
| 30 Sep 16 | 3,970 | 1,768 | 1,362 | 0 |
| 30 Jun 16 | 3,742 | 1,611 | 1,312 | 0 |
| 31 Mar 16 | 3,830 | 1,636 | 1,323 | 0 |
| 31 Dec 15 | 4,009 | 1,746 | 1,349 | 0 |
| 30 Sep 15 | 4,247 | 1,752 | 1,316 | 0 |
| 30 Jun 15 | 4,426 | 1,829 | 1,336 | 0 |
| 31 Mar 15 | 4,523 | 1,932 | 1,328 | 0 |
| 31 Dec 14 | 4,657 | 2,095 | 1,298 | 0 |
| 30 Sep 14 | 4,782 | 2,214 | 1,321 | 0 |
| 30 Jun 14 | 4,824 | 2,276 | 1,290 | 0 |
| 31 Mar 14 | 4,667 | 2,125 | 1,289 | 0 |
| 31 Dec 13 | 4,366 | 1,860 | 1,282 | 0 |
Quality Earnings: SBRK.F has high quality earnings.
Growing Profit Margin: SBRK.F's current net profit margins (49%) are higher than last year (46.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SBRK.F's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: SBRK.F's earnings growth over the past year (29.2%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: SBRK.F earnings growth over the past year (29.2%) exceeded the Banks industry -15.6%.
Return on Equity
High ROE: SBRK.F's Return on Equity (14.4%) is considered low.