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Norwegian (OSEAX) Diversified Banks Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.3%
  • 3M4.3%
  • 1Y18.0%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has remained flat. As for the the longer term, the industry is up 18% over the past 12 months. In the next few years, earnings are forecast to decline by 3.9% annually.

Industry Valuation and Performance

Has the Norwegian Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025NOK 416.1bNOK 107.4bNOK 54.3b8.7x7.7x3.9x
Tue, 14 Jan 2025NOK 400.1bNOK 104.4bNOK 47.6b8.6x8.4x3.8x
Thu, 12 Dec 2024NOK 393.5bNOK 104.7bNOK 47.7b8.3x8.2x3.8x
Sat, 09 Nov 2024NOK 393.5bNOK 103.9bNOK 47.4b8.3x8.3x3.8x
Mon, 07 Oct 2024NOK 365.0bNOK 100.6bNOK 44.8b8.9x8.1x3.6x
Wed, 04 Sep 2024NOK 369.6bNOK 100.6bNOK 44.8b9.1x8.3x3.7x
Fri, 02 Aug 2024NOK 377.5bNOK 99.7bNOK 44.5b9.1x8.5x3.8x
Sun, 30 Jun 2024NOK 353.7bNOK 98.0bNOK 43.3b8.5x8.2x3.6x
Tue, 28 May 2024NOK 360.1bNOK 98.0bNOK 43.6b8.1x8.3x3.7x
Thu, 25 Apr 2024NOK 359.4bNOK 97.1bNOK 42.9b8.6x8.4x3.7x
Sat, 23 Mar 2024NOK 365.3bNOK 97.6bNOK 43.3b8.4x8.4x3.7x
Mon, 19 Feb 2024NOK 356.6bNOK 97.6bNOK 43.3b8.7x8.2x3.7x
Wed, 17 Jan 2024NOK 362.3bNOK 95.8bNOK 43.2b9.3x8.4x3.8x
Fri, 15 Dec 2023NOK 363.6bNOK 95.8bNOK 43.2b8.8x8.4x3.8x
Sun, 12 Nov 2023NOK 348.8bNOK 95.7bNOK 43.2b9x8.1x3.6x
Tue, 10 Oct 2023NOK 370.9bNOK 91.5bNOK 40.7b9.3x9.1x4.1x
Thu, 07 Sep 2023NOK 365.7bNOK 91.2bNOK 40.6b9.2x9x4x
Sat, 05 Aug 2023NOK 364.7bNOK 90.6bNOK 40.5b9.5x9x4x
Mon, 03 Jul 2023NOK 352.4bNOK 87.8bNOK 39.0b9.4x9x4x
Wed, 31 May 2023NOK 327.1bNOK 87.8bNOK 39.0b8.6x8.4x3.7x
Fri, 28 Apr 2023NOK 327.3bNOK 82.1bNOK 35.8b10.2x9.1x4x
Sun, 26 Mar 2023NOK 318.7bNOK 82.1bNOK 35.8b9.4x8.9x3.9x
Tue, 21 Feb 2023NOK 350.6bNOK 82.1bNOK 35.7b10.1x9.8x4.3x
Thu, 19 Jan 2023NOK 323.9bNOK 78.7bNOK 31.8b10.2x10.2x4.1x
Sat, 17 Dec 2022NOK 326.8bNOK 78.7bNOK 31.8b10.3x10.3x4.2x
Mon, 14 Nov 2022NOK 324.4bNOK 78.8bNOK 31.8b9.6x10.2x4.1x
Wed, 12 Oct 2022NOK 310.1bNOK 76.3bNOK 30.6b9.6x10.1x4.1x
Fri, 09 Sep 2022NOK 318.1bNOK 76.3bNOK 30.6b10x10.4x4.2x
Sun, 07 Aug 2022NOK 341.4bNOK 76.5bNOK 30.7b10.4x11.1x4.5x
Tue, 05 Jul 2022NOK 319.6bNOK 74.4bNOK 29.4b9.6x10.9x4.3x
Thu, 02 Jun 2022NOK 334.9bNOK 72.1bNOK 27.9b10.5x12x4.6x
Sat, 30 Apr 2022NOK 337.5bNOK 73.5bNOK 28.5b11.5x11.9x4.6x
Mon, 28 Mar 2022NOK 389.6bNOK 76.9bNOK 30.3b11.7x12.9x5.1x
Wed, 23 Feb 2022NOK 394.5bNOK 76.4bNOK 30.3b12x13x5.2x
Price to Earnings Ratio

13x


Total Market Cap: NOK 394.5bTotal Earnings: NOK 30.3bTotal Revenue: NOK 76.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Diversified Banks Industry Price to Earnings3Y Average 9.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Norwegian Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.6x which is lower than its 3-year average PE of 9.4x.
  • The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Norwegian Diversified Banks compare with similar industries?

NO Market-0.26%
Financials-1.20%
Banks-0.55%
Diversified Banks-0.29%
Regional Banks-1.52%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SPOL SpareBank 1 ØstlandetNOK 161.94-1.5%
NOK 2.9b		29.3%PB0.8x
PARB Pareto BankNOK 76.301.3%
+NOK 76.8m		38.2%PB1.1x
RING SpareBank 1 Ringerike HadelandNOK 369.001.1%
+NOK 62.6m		23.0%PB1.1x
MOBA Morrow BankNOK 9.201.1%
+NOK 23.0m		127.7%PB0.9x
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Latest News

SPOG

NOK 78.00

Sparebanken Øst

7D

-2.0%

1Y

41.3%

SPOL

NOK 161.94

SpareBank 1 Østlandet

7D

-1.5%

1Y

29.3%

MOBA

NOK 9.20

Morrow Bank

7D

1.1%

1Y

127.7%

RING

NOK 369.00

SpareBank 1 Ringerike Hadeland

7D

1.1%

1Y

23.0%

SVEG

NOK 136.52

Sparebanken Vest

7D

-1.7%

1Y

16.1%

Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK8.50

Feb 12
Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK8.50

SOR

NOK 196.22

Sparebanken Sør

7D

-3.6%

1Y

36.7%

DNB

NOK 239.80

DNB Bank

7D

-0.1%

1Y

16.4%

PARB

NOK 76.30

Pareto Bank

7D

1.3%

1Y

38.2%