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SpareBank 1 SR Bank ASA (OSL:SRBNK) Revenue : kr8,842 Mil (TTM As of Mar. 2024)


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What is SpareBank 1 SR Bank ASA Revenue?

SpareBank 1 SR Bank ASA's revenue for the three months ended in Mar. 2024 was kr2,217 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was kr8,842 Mil. SpareBank 1 SR Bank ASA's Revenue per Share for the three months ended in Mar. 2024 was kr8.40. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr33.98.

Good Sign:

SpareBank 1 SR Bank ASA has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of SpareBank 1 SR Bank ASA was 26.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 11.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, SpareBank 1 SR Bank ASA's highest 3-Year average Revenue per Share Growth Rate was 20.20% per year. The lowest was -18.40% per year. And the median was 4.30% per year.


SpareBank 1 SR Bank ASA Revenue Historical Data

The historical data trend for SpareBank 1 SR Bank ASA's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SpareBank 1 SR Bank ASA Revenue Chart

SpareBank 1 SR Bank ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,655.00 5,574.00 5,975.00 6,481.00 8,059.00

SpareBank 1 SR Bank ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,832.00 2,003.00 2,056.00 2,566.00 2,217.00

Competitive Comparison of SpareBank 1 SR Bank ASA's Revenue

For the Banks - Regional subindustry, SpareBank 1 SR Bank ASA's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 SR Bank ASA's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SR Bank ASA's Revenue distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SR Bank ASA's Revenue falls into.



SpareBank 1 SR Bank ASA Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr8,842 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SpareBank 1 SR Bank ASA  (OSL:SRBNK) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


SpareBank 1 SR Bank ASA Revenue Related Terms

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SpareBank 1 SR Bank ASA (OSL:SRBNK) Business Description

Traded in Other Exchanges
Address
Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 SR Bank ASA is a Norwegian regional bank engaged in selling and procuring a wide range of financial products and services, investments services, leasing, estate agency and accounting services. The company is organized around three customer segments: 1) Retail customers, 2) SME and Agriculture, and 3) Large Corporates. The company primarily operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

SpareBank 1 SR Bank ASA (OSL:SRBNK) Headlines

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