SPAREBANK 1 SR-BK And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANK 1 SR-BK (SRBNK.OL), ABN AMRO BANK N.V. (ABN.AS), VERALLIA (VRLA.PA) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. SPAREBANK 1 SR-BK (SRBNK.OL)

20.5% sales growth and 12.1% return on equity

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr13.28.

PE Ratio

SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 9.68. Meaning, the purchaser of the share is investing kr9.68 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.1%.

Sales Growth

SPAREBANK 1 SR-BK’s sales growth for the next quarter is 20.5%.

Yearly Top and Bottom Value

SPAREBANK 1 SR-BK’s stock is valued at kr128.60 at 22:20 EST, below its 52-week high of kr131.90 and way higher than its 52-week low of kr98.65.

Volume

Today’s last reported volume for SPAREBANK 1 SR-BK is 24702 which is 84.79% below its average volume of 162449.

More news about SPAREBANK 1 SR-BK.

2. ABN AMRO BANK N.V. (ABN.AS)

20% sales growth and 9.3% return on equity

ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.25.

PE Ratio

ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 6.81. Meaning, the purchaser of the share is investing €6.81 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.3%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.6%, now sitting on 8.06B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 18% and a drop 28.8% for the next.

More news about ABN AMRO BANK N.V..

3. VERALLIA (VRLA.PA)

19.7% sales growth and 38.09% return on equity

Verallia Société Anonyme produces and sells glass packaging products for beverages and food industry worldwide. It also provides bottles for still and sparkling wines, spirits, beers, soft drinks, and oils. The company offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, and preserves. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.

Earnings Per Share

As for profitability, VERALLIA has a trailing twelve months EPS of €2.86.

PE Ratio

VERALLIA has a trailing twelve months price to earnings ratio of 12.38. Meaning, the purchaser of the share is investing €12.38 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 38.09%.

Volume

Today’s last reported volume for VERALLIA is 15439 which is 88.32% below its average volume of 132294.

Yearly Top and Bottom Value

VERALLIA’s stock is valued at €35.42 at 22:20 EST, way below its 52-week high of €40.20 and way higher than its 52-week low of €20.36.

More news about VERALLIA.

4. ITERA (ITERA.OL)

11.8% sales growth and 99.64% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.78.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 19.68. Meaning, the purchaser of the share is investing kr19.68 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 99.64%.

Volume

Today’s last reported volume for ITERA is 12196 which is 24.85% below its average volume of 16231.

Yearly Top and Bottom Value

ITERA’s stock is valued at kr15.35 at 22:20 EST, below its 52-week high of kr16.50 and way higher than its 52-week low of kr10.95.

More news about ITERA.

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