Do DNB Bank's (OB:DNB) Earnings Warrant Your Attention?
Dec 17
Have your own idea? Try our Stock Screener
Norwegian (OSEAX) Diversified Banks Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies8
- 7D2.3%
- 3M1.4%
- 1Y12.4%
- YTDn/a
In the last week, the Diversified Banks industry is up 2.4%, with all of the companies up. This means that the industry has gained 13% over the past year. As for the next few years, earnings are forecast to decline by 4.6% per annum.
Industry Valuation and Performance
Has the Norwegian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | NOK 409.5b | NOK 104.4b | NOK 47.6b | 8.8x | 8.6x | 3.9x |
| Thu, 19 Dec 2024 | NOK 394.9b | NOK 104.7b | NOK 47.7b | 8.4x | 8.3x | 3.8x |
| Sat, 16 Nov 2024 | NOK 396.8b | NOK 104.7b | NOK 47.7b | 8.4x | 8.3x | 3.8x |
| Mon, 14 Oct 2024 | NOK 369.9b | NOK 100.6b | NOK 44.8b | 9.1x | 8.3x | 3.7x |
| Wed, 11 Sep 2024 | NOK 362.7b | NOK 100.6b | NOK 44.8b | 8.9x | 8.1x | 3.6x |
| Fri, 09 Aug 2024 | NOK 361.9b | NOK 99.7b | NOK 44.5b | 9x | 8.1x | 3.6x |
| Sun, 07 Jul 2024 | NOK 354.8b | NOK 98.0b | NOK 43.3b | 8.7x | 8.2x | 3.6x |
| Tue, 04 Jun 2024 | NOK 357.9b | NOK 98.0b | NOK 43.6b | 8.2x | 8.2x | 3.7x |
| Thu, 02 May 2024 | NOK 340.3b | NOK 97.2b | NOK 42.9b | 8.8x | 7.9x | 3.5x |
| Sat, 30 Mar 2024 | NOK 369.3b | NOK 97.6b | NOK 43.3b | 8.5x | 8.5x | 3.8x |
| Mon, 26 Feb 2024 | NOK 357.7b | NOK 97.6b | NOK 43.3b | 8.6x | 8.3x | 3.7x |
| Wed, 24 Jan 2024 | NOK 369.3b | NOK 95.8b | NOK 43.2b | 9.3x | 8.6x | 3.9x |
| Fri, 22 Dec 2023 | NOK 362.4b | NOK 95.8b | NOK 43.2b | 9x | 8.4x | 3.8x |
| Sun, 19 Nov 2023 | NOK 353.1b | NOK 95.8b | NOK 43.2b | 8.7x | 8.2x | 3.7x |
| Tue, 17 Oct 2023 | NOK 380.8b | NOK 91.5b | NOK 40.7b | 9.5x | 9.4x | 4.2x |
| Thu, 14 Sep 2023 | NOK 371.0b | NOK 91.5b | NOK 40.7b | 9.2x | 9.1x | 4.1x |
| Sat, 12 Aug 2023 | NOK 369.8b | NOK 90.9b | NOK 40.5b | 9.4x | 9.1x | 4.1x |
| Mon, 10 Jul 2023 | NOK 349.6b | NOK 87.8b | NOK 39.0b | 9.3x | 9x | 4x |
| Wed, 07 Jun 2023 | NOK 337.7b | NOK 87.8b | NOK 39.0b | 8.8x | 8.7x | 3.8x |
| Fri, 05 May 2023 | NOK 323.5b | NOK 87.1b | NOK 38.7b | 10x | 8.4x | 3.7x |
| Sun, 02 Apr 2023 | NOK 330.0b | NOK 82.1b | NOK 35.8b | 9.6x | 9.2x | 4x |
| Tue, 28 Feb 2023 | NOK 366.9b | NOK 82.1b | NOK 35.8b | 10.6x | 10.3x | 4.5x |
| Thu, 26 Jan 2023 | NOK 328.8b | NOK 78.7b | NOK 31.8b | 10.4x | 10.4x | 4.2x |
| Sat, 24 Dec 2022 | NOK 339.7b | NOK 78.7b | NOK 31.8b | 10.8x | 10.7x | 4.3x |
| Mon, 21 Nov 2022 | NOK 324.1b | NOK 78.7b | NOK 31.8b | 10.3x | 10.2x | 4.1x |
| Wed, 19 Oct 2022 | NOK 322.0b | NOK 76.3b | NOK 30.6b | 10.1x | 10.5x | 4.2x |
| Fri, 16 Sep 2022 | NOK 324.4b | NOK 76.3b | NOK 30.6b | 10.2x | 10.6x | 4.3x |
| Sun, 14 Aug 2022 | NOK 347.1b | NOK 76.5b | NOK 31.5b | 10.5x | 11x | 4.5x |
| Tue, 12 Jul 2022 | NOK 319.6b | NOK 74.4b | NOK 29.4b | 9.6x | 10.9x | 4.3x |
| Thu, 09 Jun 2022 | NOK 332.3b | NOK 72.1b | NOK 27.9b | 10.4x | 11.9x | 4.6x |
| Sat, 07 May 2022 | NOK 335.6b | NOK 73.8b | NOK 28.7b | 11.1x | 11.7x | 4.6x |
| Mon, 04 Apr 2022 | NOK 367.5b | NOK 73.5b | NOK 28.5b | 11.7x | 12.9x | 5x |
| Wed, 02 Mar 2022 | NOK 370.0b | NOK 76.4b | NOK 30.3b | 11.5x | 12.2x | 4.8x |
| Fri, 28 Jan 2022 | NOK 408.1b | NOK 74.1b | NOK 29.8b | 12.3x | 13.7x | 5.5x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are relatively neutral on the Norwegian Diversified Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.5x.
- The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 17% 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 | 0.11% | |
| Financials | 2.17% | |
| Banks | 2.28% | |
| Diversified Banks | 2.34% | |
| Regional Banks | 2.05% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DNB DNB Bank | NOK 237.70 | 2.4% +NOK 8.3b | 9.7% | PB1.3x | |
| SVEG Sparebanken Vest | NOK 144.02 | 2.4% +NOK 372.9m | 31.4% | PB0.6x | |
| SOR Sparebanken Sør | NOK 202.30 | 2.7% +NOK 224.3m | 40.5% | PB0.5x | |
| PARB Pareto Bank | NOK 70.00 | 4.3% +NOK 222.7m | 28.2% | PB1x | |
| RING SpareBank 1 Ringerike Hadeland | NOK 343.50 | 1.9% +NOK 102.5m | 16.0% | PB1.1x |