DNB Bank ASA Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next
Jul 14
Norwegian (OSEAX) Diversified Banks Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies9
- 7D1.6%
- 3M6.5%
- 1Y7.3%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.6%, driven by gains from every company within the industry. In the last 12 months, the industry was up 8.1%. In the next few years, earnings are forecast to decline by 4.1% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | NOK 372.4b | NOK 99.7b | NOK 44.5b | 8.7x | 8.4x | 3.7x |
| Sun, 23 Jun 2024 | NOK 352.0b | NOK 98.0b | NOK 43.3b | 8.4x | 8.1x | 3.6x |
| Tue, 21 May 2024 | NOK 354.8b | NOK 97.3b | NOK 43.0b | 8.1x | 8.2x | 3.6x |
| Thu, 18 Apr 2024 | NOK 366.0b | NOK 97.6b | NOK 43.3b | 8.6x | 8.5x | 3.7x |
| Sat, 16 Mar 2024 | NOK 361.0b | NOK 97.6b | NOK 43.3b | 8.9x | 8.3x | 3.7x |
| Mon, 12 Feb 2024 | NOK 348.5b | NOK 97.5b | NOK 44.3b | 8.6x | 7.9x | 3.6x |
| Wed, 10 Jan 2024 | NOK 371.9b | NOK 95.8b | NOK 43.2b | 9.6x | 8.6x | 3.9x |
| Fri, 08 Dec 2023 | NOK 366.8b | NOK 95.8b | NOK 43.2b | 8.7x | 8.5x | 3.8x |
| Sun, 05 Nov 2023 | NOK 346.9b | NOK 95.7b | NOK 43.1b | 9x | 8x | 3.6x |
| Tue, 03 Oct 2023 | NOK 373.8b | NOK 91.5b | NOK 40.7b | 9.2x | 9.2x | 4.1x |
| Thu, 31 Aug 2023 | NOK 367.2b | NOK 91.2b | NOK 40.6b | 9.2x | 9x | 4x |
| Sat, 29 Jul 2023 | NOK 364.2b | NOK 90.6b | NOK 40.5b | 9.4x | 9x | 4x |
| Mon, 26 Jun 2023 | NOK 336.7b | NOK 87.8b | NOK 39.0b | 9x | 8.6x | 3.8x |
| Wed, 24 May 2023 | NOK 331.6b | NOK 87.7b | NOK 39.0b | 8.3x | 8.5x | 3.8x |
| Fri, 21 Apr 2023 | NOK 353.6b | NOK 82.1b | NOK 35.8b | 10.2x | 9.9x | 4.3x |
| Sun, 19 Mar 2023 | NOK 325.2b | NOK 82.1b | NOK 35.8b | 9.6x | 9.1x | 4x |
| Tue, 14 Feb 2023 | NOK 338.9b | NOK 82.1b | NOK 36.6b | 9.4x | 9.3x | 4.1x |
| Thu, 12 Jan 2023 | NOK 335.7b | NOK 78.7b | NOK 31.8b | 10.6x | 10.6x | 4.3x |
| Sat, 10 Dec 2022 | NOK 325.3b | NOK 78.7b | NOK 31.8b | 10.3x | 10.2x | 4.1x |
| Mon, 07 Nov 2022 | NOK 321.0b | NOK 78.8b | NOK 31.8b | 9.7x | 10.1x | 4.1x |
| Wed, 05 Oct 2022 | NOK 313.6b | NOK 76.3b | NOK 30.6b | 9.8x | 10.2x | 4.1x |
| Fri, 02 Sep 2022 | NOK 326.2b | NOK 76.3b | NOK 30.6b | 10.3x | 10.7x | 4.3x |
| Sun, 31 Jul 2022 | NOK 335.2b | NOK 76.5b | NOK 30.7b | 10.2x | 10.9x | 4.4x |
| Tue, 28 Jun 2022 | NOK 317.0b | NOK 74.4b | NOK 29.4b | 9.9x | 10.8x | 4.3x |
| Thu, 26 May 2022 | NOK 336.6b | NOK 72.1b | NOK 27.9b | 10.5x | 12.1x | 4.7x |
| Sat, 23 Apr 2022 | NOK 361.4b | NOK 73.5b | NOK 28.5b | 11.8x | 12.7x | 4.9x |
| Mon, 21 Mar 2022 | NOK 379.2b | NOK 76.4b | NOK 30.3b | 11.9x | 12.5x | 5x |
| Wed, 16 Feb 2022 | NOK 409.6b | NOK 74.0b | NOK 30.4b | 12.2x | 13.5x | 5.5x |
| Fri, 14 Jan 2022 | NOK 393.1b | NOK 74.1b | NOK 29.8b | 12.3x | 13.2x | 5.3x |
| Sun, 12 Dec 2021 | NOK 71.0b | NOK 19.7b | NOK 6.4b | 11.4x | 11x | 3.6x |
| Tue, 09 Nov 2021 | NOK 404.5b | NOK 68.7b | NOK 27.3b | 11.6x | 14.8x | 5.9x |
| Thu, 07 Oct 2021 | NOK 383.7b | NOK 68.6b | NOK 27.5b | 10.8x | 13.9x | 5.6x |
| Sat, 04 Sep 2021 | NOK 362.7b | NOK 68.6b | NOK 27.5b | 10.4x | 13.2x | 5.3x |
| Mon, 02 Aug 2021 | NOK 350.0b | NOK 68.6b | NOK 27.5b | 10.5x | 12.7x | 5.1x |
Price to Earnings Ratio
12.7x
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 8.3x which is lower than its 3-year average PE of 10.3x.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 11% 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 | -1.27% | |
| Financials | 0.53% | |
| Banks | 1.61% | |
| Diversified Banks | 1.58% | |
| Regional Banks | 1.70% | |
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 220.00 | 1.2% +NOK 3.7b | 5.5% | PB1.2x | |
| SPOL SpareBank 1 Østlandet | NOK 147.00 | 3.2% +NOK 521.2m | 16.5% | PB0.8x | |
| SVEG Sparebanken Vest | NOK 133.10 | 1.9% +NOK 267.6m | 27.0% | PB0.6x | |
| PARB Pareto Bank | NOK 65.30 | 2.8% +NOK 138.2m | 21.2% | PB1x | |
| SOR Sparebanken Sør | NOK 157.62 | 0.7% +NOK 44.9m | 26.1% | PB0.4x |