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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. SpareBank 1 SMN's Net Income for the
three
months ended in Jun. 2026 was kr1,152 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was kr4,173 Mil.
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
* 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.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable business
Consistent accounting methods
And few restructurings
The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
SpareBank 1 SMN Net Income Related Terms
SpareBank 1 SMN Net Income Historical Data
* Premium members only.
The historical data trend for SpareBank 1 SMN's Net Income 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.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr4,173 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 SMN (LTS:0IVM) has a Net Income of kr4,173 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on SpareBank 1 SMN and its competitors.
Is SpareBank 1 SMN's Net Income too high?
SpareBank 1 SMN's current Net Income is kr4,173 Mil. Overall, SpareBank 1 SMN has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 SMN's Net Income compare to competitors?
SpareBank 1 SMN's Net Income of kr4,173 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on SpareBank 1 SMN and its competitors. SpareBank 1 SMN's current Net Income is kr4,173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 SMN stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 SMN (LTS:0IVM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr182.17, compared to a current price of kr214.65 — trading 17.8% above its estimated fair value. The current Net Income is kr4,173 Mil. SpareBank 1 SMN's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For SpareBank 1 SMN (LTS:0IVM), the current Net Income is kr4,173 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SpareBank 1 SMN (LTS:0IVM) Overvalued in 2026?
Based on GuruFocus' analysis, SpareBank 1 SMN stock appears to be overvalued.
The current stock price of kr214.65 is trading 17.8% above its estimated GF Value™ of kr182.17.
GuruFocus considers SpareBank 1 SMN to be Modestly Overvalued.
Key valuation signals for LTS:0IVM:
Net Income: kr4,173 Mil
GF Value™: kr182.17 vs. price of kr214.65 (17.8% above fair value)
No single metric tells the full story. See the LTS:0IVM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. The services and products of the bank serves real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income. The company has Retail Banking and Corporate Banking as its reportable segment.
65GF Score
Get the complete analysis for LTS:0IVM
Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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