Header cover image

Norwegian (OSEAX) Diversified Banks Industry Analysis

UpdatedFeb 14, 2025
DataAggregated Company Financials
Companies8
  • 7D-1.9%
  • 3M4.0%
  • 1Y18.9%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 2.3%, driven by DNB Bank declining 2.4%. Over the past 12 months, the industry was up 18%. Looking forward, earnings are forecast to decline by 3.5% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Feb 2025NOK 411.9bNOK 107.1bNOK 53.4b9.2x7.7x3.8x
Sun, 12 Jan 2025NOK 396.6bNOK 104.4bNOK 47.6b8.7x8.3x3.8x
Tue, 10 Dec 2024NOK 392.0bNOK 104.7bNOK 47.7b8.3x8.2x3.7x
Thu, 07 Nov 2024NOK 398.8bNOK 103.9bNOK 47.4b8.4x8.4x3.8x
Sat, 05 Oct 2024NOK 365.0bNOK 100.6bNOK 44.8b8.9x8.1x3.6x
Mon, 02 Sep 2024NOK 377.7bNOK 100.6bNOK 44.8b9.2x8.4x3.8x
Wed, 31 Jul 2024NOK 379.5bNOK 99.7bNOK 44.5b9.1x8.5x3.8x
Fri, 28 Jun 2024NOK 350.3bNOK 98.0bNOK 43.3b8.4x8.1x3.6x
Sun, 26 May 2024NOK 357.6bNOK 97.7bNOK 43.3b8.2x8.3x3.7x
Tue, 23 Apr 2024NOK 364.8bNOK 97.6bNOK 43.3b8.8x8.4x3.7x
Thu, 21 Mar 2024NOK 367.1bNOK 97.6bNOK 43.3b8.9x8.5x3.8x
Sat, 17 Feb 2024NOK 356.7bNOK 97.6bNOK 43.3b8.7x8.2x3.7x
Mon, 15 Jan 2024NOK 372.5bNOK 95.8bNOK 43.2b9.5x8.6x3.9x
Wed, 13 Dec 2023NOK 363.6bNOK 95.8bNOK 43.2b8.7x8.4x3.8x
Fri, 10 Nov 2023NOK 349.3bNOK 95.7bNOK 43.2b9x8.1x3.6x
Sun, 08 Oct 2023NOK 368.4bNOK 91.5bNOK 40.7b9.3x9.1x4x
Tue, 05 Sep 2023NOK 365.5bNOK 91.2bNOK 40.6b9.2x9x4x
Thu, 03 Aug 2023NOK 360.9bNOK 90.6bNOK 40.5b9.4x8.9x4x
Sat, 01 Jul 2023NOK 352.4bNOK 87.8bNOK 39.0b9.4x9x4x
Mon, 29 May 2023NOK 328.0bNOK 87.7bNOK 39.0b8.2x8.4x3.7x
Wed, 26 Apr 2023NOK 351.4bNOK 82.1bNOK 35.8b10.2x9.8x4.3x
Fri, 24 Mar 2023NOK 327.9bNOK 82.1bNOK 35.8b9.7x9.2x4x
Sun, 19 Feb 2023NOK 348.4bNOK 81.8bNOK 35.6b10.4x9.8x4.3x
Tue, 17 Jan 2023NOK 332.3bNOK 78.7bNOK 31.8b10.5x10.5x4.2x
Thu, 15 Dec 2022NOK 325.3bNOK 78.7bNOK 31.8b10.3x10.2x4.1x
Sat, 12 Nov 2022NOK 324.4bNOK 78.8bNOK 31.8b9.6x10.2x4.1x
Mon, 10 Oct 2022NOK 306.9bNOK 76.3bNOK 30.6b9.6x10x4x
Wed, 07 Sep 2022NOK 320.0bNOK 76.3bNOK 30.6b10.1x10.5x4.2x
Fri, 05 Aug 2022NOK 335.7bNOK 76.5bNOK 30.7b10.2x10.9x4.4x
Sun, 03 Jul 2022NOK 312.2bNOK 74.4bNOK 29.4b9.6x10.6x4.2x
Tue, 31 May 2022NOK 339.7bNOK 72.1bNOK 27.9b10.4x12.2x4.7x
Thu, 28 Apr 2022NOK 341.3bNOK 73.5bNOK 28.5b11.6x12x4.6x
Sat, 26 Mar 2022NOK 389.6bNOK 76.9bNOK 30.3b11.7x12.9x5.1x
Mon, 21 Feb 2022NOK 398.1bNOK 76.4bNOK 30.6b12.1x13x5.2x
Price to Earnings Ratio

13x


Total Market Cap: NOK 398.1bTotal Earnings: NOK 30.6bTotal 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 7.7x 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-1.37%
Financials-1.75%
Banks-1.71%
Diversified Banks-1.86%
Regional Banks-1.13%
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
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%PB1.2x
MOBA Morrow BankNOK 9.201.1%
+NOK 23.0m
127.7%PB0.9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

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%

SPOG

NOK 78.00

Sparebanken Øst

7D

-2.0%

1Y

41.3%

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%

RING

NOK 369.00

SpareBank 1 Ringerike Hadeland

7D

1.1%

1Y

23.0%