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Grong Sparebank (OSL:GRONG) Revenue : kr345.1 Mil (TTM As of Mar. 2024)


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What is Grong Sparebank Revenue?

Grong Sparebank's revenue for the three months ended in Mar. 2024 was kr72.0 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was kr345.1 Mil. Grong Sparebank's Revenue per Share for the three months ended in Mar. 2024 was kr18.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr86.89.

Warning Sign:

Grong Sparebank revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Grong Sparebank was -1.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.40% 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 10 years, Grong Sparebank's highest 3-Year average Revenue per Share Growth Rate was 16.90% per year. The lowest was 4.80% per year. And the median was 9.05% per year.


Grong Sparebank Revenue Historical Data

The historical data trend for Grong Sparebank'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.

* Premium members only.

Grong Sparebank Revenue Chart

Grong Sparebank 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 185.38 219.08 218.17 300.30 339.03

Grong Sparebank 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 65.91 92.79 81.26 99.08 72.00

Competitive Comparison of Grong Sparebank's Revenue

For the Banks - Regional subindustry, Grong Sparebank'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.


Grong Sparebank's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grong Sparebank's Revenue distribution charts can be found below:

* The bar in red indicates where Grong Sparebank's Revenue falls into.



Grong Sparebank 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 kr345.1 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.


Grong Sparebank  (OSL:GRONG) 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.


Grong Sparebank Revenue Related Terms

Thank you for viewing the detailed overview of Grong Sparebank's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Grong Sparebank (OSL:GRONG) Business Description

Traded in Other Exchanges
N/A
Address
Sundspetvegen 2, PB 104, Grong, NOR, 7871
Grong Sparebank is an independent, local savings bank. It offers banking services to the local community such as Car loans, Mortgage, Loans and refinancing, Retirement and Bank Savings, Insurances, mobile and Online Banking, International payment and others.

Grong Sparebank (OSL:GRONG) Headlines

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