SpareBank 1 SMN Past Earnings Performance
Past criteria checks 2/6
SpareBank 1 SMN has been growing earnings at an average annual rate of 4.9%, while the Banks industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 4.5% per year. SpareBank 1 SMN's return on equity is 11.1%, and it has net margins of 27.9%.
Key information
4.9%
Earnings growth rate
5.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.5% |
| Return on equity | 11.1% |
| Net Margin | 27.9% |
| Next Earnings Update | 10 May 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SpareBank 1 SMN 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 22 | 5,947 | 1,658 | 1,492 | 0 |
| 30 Sep 22 | 6,327 | 1,616 | 1,966 | 0 |
| 30 Jun 22 | 6,397 | 1,657 | 1,972 | 0 |
| 31 Mar 22 | 6,439 | 1,696 | 1,938 | 0 |
| 31 Dec 21 | 5,824 | 1,722 | 1,453 | 0 |
| 30 Sep 21 | 6,300 | 1,565 | 2,071 | 0 |
| 30 Jun 21 | 6,049 | 1,454 | 2,060 | 0 |
| 31 Mar 21 | 5,910 | 1,424 | 2,039 | 0 |
| 31 Dec 20 | 5,281 | 1,147 | 1,951 | 0 |
| 30 Sep 20 | 5,093 | 1,097 | 1,835 | 0 |
| 30 Jun 20 | 5,078 | 1,091 | 1,834 | 0 |
| 31 Mar 20 | 5,086 | 1,084 | 1,836 | 0 |
| 31 Dec 19 | 5,879 | 1,572 | 1,846 | 0 |
| 30 Sep 19 | 5,898 | 1,595 | 1,787 | 0 |
| 30 Jun 19 | 5,831 | 1,602 | 1,733 | 0 |
| 31 Mar 19 | 5,844 | 1,656 | 1,709 | 0 |
| 31 Dec 18 | 5,224 | 1,292 | 1,690 | 0 |
| 30 Sep 18 | 5,314 | 1,386 | 1,663 | 0 |
| 30 Jun 18 | 5,299 | 1,399 | 1,670 | 0 |
| 31 Mar 18 | 4,855 | 1,181 | 1,593 | 0 |
| 31 Dec 17 | 4,653 | 1,128 | 1,530 | 0 |
| 30 Sep 17 | 4,442 | 1,090 | 1,417 | 0 |
| 30 Jun 17 | 4,244 | 1,031 | 1,352 | 0 |
| 31 Mar 17 | 4,201 | 1,066 | 1,333 | 0 |
| 31 Dec 16 | 4,036 | 1,027 | 1,257 | 0 |
| 30 Sep 16 | 3,849 | 1,428 | 1,286 | 0 |
| 30 Jun 16 | 3,621 | 1,331 | 1,232 | 0 |
| 31 Mar 16 | 3,560 | 1,320 | 1,214 | 0 |
Quality Earnings: SRMG.F has high quality earnings.
Growing Profit Margin: SRMG.F's current net profit margins (27.9%) are lower than last year (29.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SRMG.F's earnings have grown by 4.9% per year over the past 5 years.
Accelerating Growth: SRMG.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SRMG.F had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Banks industry average (1.6%).
Return on Equity
High ROE: SRMG.F's Return on Equity (11.1%) is considered low.