SpareBank 1 Østlandet Past Earnings Performance
Past criteria checks 5/6
SpareBank 1 Østlandet has been growing earnings at an average annual rate of 6.2%, while the Banks industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 4.3% per year. SpareBank 1 Østlandet's return on equity is 11.5%, and it has net margins of 31.5%.
Key information
6.2%
Earnings growth rate
4.9%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.3% |
| Return on equity | 11.5% |
| Net Margin | 31.5% |
| Next Earnings Update | 27 Oct 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SpareBank 1 Østlandet 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 23 | 4,910 | 1,546 | 1,372 | 0 |
| 31 Mar 23 | 4,613 | 1,390 | 1,377 | 0 |
| 31 Dec 22 | 4,416 | 1,316 | 1,363 | 0 |
| 30 Sep 22 | 4,220 | 1,246 | 1,353 | 0 |
| 30 Jun 22 | 4,327 | 1,332 | 1,363 | 0 |
| 31 Mar 22 | 4,456 | 1,453 | 1,337 | 0 |
| 31 Dec 21 | 4,418 | 1,386 | 1,335 | 0 |
| 30 Sep 21 | 4,442 | 1,349 | 1,392 | 0 |
| 30 Jun 21 | 4,280 | 1,270 | 1,368 | 0 |
| 31 Mar 21 | 4,132 | 1,223 | 1,305 | 0 |
| 31 Dec 20 | 3,831 | 1,107 | 1,291 | 0 |
| 30 Sep 20 | 3,631 | 995 | 1,286 | 0 |
| 30 Jun 20 | 3,597 | 974 | 1,281 | 0 |
| 31 Mar 20 | 3,691 | 996 | 1,260 | 0 |
| 31 Dec 19 | 4,257 | 1,338 | 1,308 | 0 |
| 30 Sep 19 | 4,216 | 1,371 | 1,328 | 0 |
| 30 Jun 19 | 4,152 | 1,329 | 1,314 | 0 |
| 31 Mar 19 | 4,063 | 1,279 | 1,344 | 0 |
| 31 Dec 18 | 3,618 | 965 | 1,253 | 0 |
| 30 Sep 18 | 3,733 | 959 | 1,282 | 0 |
| 30 Jun 18 | 3,727 | 970 | 1,253 | 0 |
| 31 Mar 18 | 3,577 | 875 | 1,232 | 0 |
| 31 Dec 17 | 3,517 | 850 | 1,203 | 0 |
| 30 Sep 17 | 3,318 | 546 | 1,107 | 0 |
| 30 Jun 17 | 3,205 | 714 | 900 | 0 |
| 31 Mar 17 | 2,917 | 755 | 799 | 0 |
| 31 Dec 16 | 2,573 | 737 | 706 | 0 |
| 30 Sep 16 | 2,336 | 632 | 602 | 0 |
| 30 Jun 16 | 2,180 | 517 | 711 | 0 |
| 31 Mar 16 | 2,117 | 480 | 708 | 0 |
| 31 Dec 15 | 2,215 | 552 | 707 | 0 |
| 30 Sep 15 | 2,213 | 950 | 712 | 0 |
| 30 Jun 15 | 2,265 | 1,046 | 688 | 0 |
| 31 Mar 15 | 2,258 | 1,052 | 663 | 0 |
| 31 Dec 14 | 2,213 | 1,038 | 641 | 0 |
| 30 Sep 14 | 2,168 | 1,047 | 614 | 0 |
| 30 Jun 14 | 1,967 | 867 | 604 | 0 |
| 31 Mar 14 | 1,952 | 857 | 590 | 0 |
| 31 Dec 13 | 1,758 | 704 | 579 | 0 |
| 30 Sep 13 | 1,582 | 537 | 544 | 0 |
| 30 Jun 13 | 1,445 | 436 | 543 | 0 |
| 31 Mar 13 | 1,351 | 368 | 544 | 0 |
| 31 Dec 12 | 1,391 | 400 | 547 | 0 |
| 30 Sep 12 | 1,438 | 410 | 578 | 0 |
Quality Earnings: SPRB.F has high quality earnings.
Growing Profit Margin: SPRB.F's current net profit margins (31.5%) are higher than last year (30.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPRB.F's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: SPRB.F's earnings growth over the past year (16.1%) exceeds its 5-year average (6.2% per year).
Earnings vs Industry: SPRB.F earnings growth over the past year (16.1%) exceeded the Banks industry 1.6%.
Return on Equity
High ROE: SPRB.F's Return on Equity (11.5%) is considered low.