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Norwegian (OSEAX) Diversified Banks Industry Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies7
  • 7D2.6%
  • 3M1.9%
  • 1Y24.9%
  • YTDn/a

In the last week, the Diversified Banks industry is up 2.6%, with DNB Bank up 3.1%. This means that the industry has gained 25% over the past year. Looking forward, earnings are forecast to decline by 3.3% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Aug 2025NOK 451.9bNOK 106.7bNOK 50.8b9.3x8.9x4.2x
Wed, 09 Jul 2025NOK 478.5bNOK 105.5bNOK 50.3b10.6x9.5x4.5x
Fri, 06 Jun 2025NOK 467.1bNOK 105.5bNOK 50.3b10x9.3x4.4x
Sun, 04 May 2025NOK 442.7bNOK 103.9bNOK 49.7b9.1x8.9x4.3x
Tue, 01 Apr 2025NOK 469.8bNOK 107.5bNOK 50.4b9.7x9.3x4.4x
Thu, 27 Feb 2025NOK 445.7bNOK 107.5bNOK 53.2b9.6x8.4x4.1x
Sat, 25 Jan 2025NOK 413.5bNOK 104.4bNOK 47.6b8.8x8.7x4x
Mon, 23 Dec 2024NOK 387.9bNOK 104.7bNOK 47.7b8.4x8.1x3.7x
Wed, 20 Nov 2024NOK 392.6bNOK 104.7bNOK 47.7b8.3x8.2x3.7x
Fri, 18 Oct 2024NOK 373.3bNOK 100.6bNOK 44.8b9.2x8.3x3.7x
Sun, 15 Sep 2024NOK 364.1bNOK 100.6bNOK 44.8b8.9x8.1x3.6x
Tue, 13 Aug 2024NOK 363.1bNOK 100.0bNOK 45.1b8.5x8x3.6x
Thu, 11 Jul 2024NOK 348.0bNOK 98.0bNOK 43.3b8.7x8x3.6x
Sat, 08 Jun 2024NOK 353.3bNOK 98.0bNOK 43.6b8.1x8.1x3.6x
Mon, 06 May 2024NOK 343.9bNOK 97.2bNOK 42.9b8.8x8x3.5x
Wed, 03 Apr 2024NOK 369.8bNOK 97.6bNOK 43.3b8.5x8.5x3.8x
Fri, 01 Mar 2024NOK 365.8bNOK 97.6bNOK 43.3b8.8x8.4x3.7x
Sun, 28 Jan 2024NOK 369.8bNOK 95.8bNOK 43.2b9.4x8.6x3.9x
Tue, 26 Dec 2023NOK 365.0bNOK 95.8bNOK 43.2b9x8.5x3.8x
Thu, 23 Nov 2023NOK 353.1bNOK 95.8bNOK 43.2b8.7x8.2x3.7x
Sat, 21 Oct 2023NOK 358.6bNOK 91.5bNOK 40.7b9x8.8x3.9x
Mon, 18 Sep 2023NOK 379.3bNOK 91.5bNOK 40.7b9.3x9.3x4.1x
Wed, 16 Aug 2023NOK 367.6bNOK 91.2bNOK 40.7b9.2x9x4x
Fri, 14 Jul 2023NOK 348.2bNOK 90.5bNOK 40.4b9.1x8.6x3.8x
Sun, 11 Jun 2023NOK 341.4bNOK 87.8bNOK 39.1b8.8x8.7x3.9x
Tue, 09 May 2023NOK 329.3bNOK 87.5bNOK 39.0b9x8.4x3.8x
Thu, 06 Apr 2023NOK 333.8bNOK 82.1bNOK 35.8b9.7x9.3x4.1x
Sat, 04 Mar 2023NOK 364.6bNOK 82.1bNOK 35.8b10.7x10.2x4.4x
Mon, 30 Jan 2023NOK 331.3bNOK 78.7bNOK 31.8b10.4x10.4x4.2x
Wed, 28 Dec 2022NOK 339.6bNOK 78.7bNOK 31.8b10.8x10.7x4.3x
Fri, 25 Nov 2022NOK 332.7bNOK 78.7bNOK 31.8b10.6x10.5x4.2x
Sun, 23 Oct 2022NOK 313.1bNOK 76.3bNOK 30.6b10.1x10.2x4.1x
Tue, 20 Sep 2022NOK 321.3bNOK 76.3bNOK 30.6b10.1x10.5x4.2x
Thu, 18 Aug 2022NOK 348.3bNOK 76.3bNOK 30.6b11.1x11.4x4.6x
Price to Earnings Ratio

11.4x


Total Market Cap: NOK 348.3bTotal Earnings: NOK 30.6bTotal Revenue: NOK 76.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Diversified Banks Industry Price to Earnings3Y Average 9x202320242025
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 9.0x.
  • 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 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 Market0.79%
Financials1.94%
Banks1.52%
Diversified Banks2.58%
Regional Banks-1.74%
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
DNB DNB BankNOK 265.700.7%
+NOK 2.8b		23.8%PB1.4x
MOBA Morrow BankNOK 13.207.3%
+NOK 208.0m		149.1%PB1.2x
RING SpareBank 1 Ringerike HadelandNOK 383.001.2%
+NOK 70.4m		29.2%PB1.2x

Latest News

SBNOR
NOK 158.60
Sparebanken Norge
7D
-4.4%
1Y
18.8%

If EPS Growth Is Important To You, Sparebanken Norge (OB:SBNOR) Presents An Opportunity

Aug 11
If EPS Growth Is Important To You, Sparebanken Norge (OB:SBNOR) Presents An Opportunity
SPOL
NOK 186.90
SpareBank 1 Østlandet
7D
-4.3%
1Y
29.3%
SPOG
NOK 74.50
Sparebanken Øst
7D
-0.9%
1Y
31.9%
PARB
NOK 94.50
Pareto Bank
7D
-1.3%
1Y
44.3%
DNB
NOK 265.70
DNB Bank
7D
0.7%
1Y
23.8%
MOBA
NOK 13.20
Morrow Bank
7D
7.3%
1Y
149.1%
RING
NOK 383.00
SpareBank 1 Ringerike Hadeland
7D
1.2%
1Y
29.2%