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Norwegian (OSEAX) Regional Banks Industry Analysis

UpdatedSep 28, 2025
DataAggregated Company Financials
Companies29
  • 7D-0.6%
  • 3M-2.6%
  • 1Y29.0%
  • YTDn/a

Last week, the Regional Banks industry hasn't moved much but SpareBank 1 Helgeland is up 3.8% in that time. The past year has been better, since the industry has gained 29% in that time. Looking forward, earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Sep 2025NOK 141.8bNOK 42.2bNOK 14.0b11.2x10.2x3.4x
Tue, 26 Aug 2025NOK 144.5bNOK 42.2bNOK 14.0b11x10.3x3.4x
Thu, 24 Jul 2025NOK 145.3bNOK 40.1bNOK 13.1b11.5x11.1x3.6x
Sat, 21 Jun 2025NOK 141.2bNOK 40.1bNOK 13.1b11.5x10.8x3.5x
Mon, 19 May 2025NOK 143.9bNOK 40.3bNOK 13.2b10.9x10.9x3.6x
Wed, 16 Apr 2025NOK 130.3bNOK 38.9bNOK 12.6b11.5x10.4x3.3x
Fri, 14 Mar 2025NOK 133.2bNOK 39.0bNOK 13.5b9.3x9.9x3.4x
Sun, 09 Feb 2025NOK 113.1bNOK 38.6bNOK 13.2b10.6x8.6x2.9x
Tue, 07 Jan 2025NOK 105.4bNOK 38.6bNOK 12.9b9.7x8.2x2.7x
Thu, 05 Dec 2024NOK 103.1bNOK 38.3bNOK 13.0b9.4x7.9x2.7x
Sat, 02 Nov 2024NOK 103.0bNOK 37.7bNOK 14.0b9.8x7.4x2.7x
Mon, 30 Sep 2024NOK 105.9bNOK 39.5bNOK 12.6b9.6x8.4x2.7x
Wed, 28 Aug 2024NOK 106.5bNOK 39.5bNOK 12.8b9x8.4x2.7x
Fri, 26 Jul 2024NOK 106.1bNOK 38.5bNOK 12.3b9.5x8.7x2.8x
Sun, 23 Jun 2024NOK 101.7bNOK 38.1bNOK 12.1b9.5x8.4x2.7x
Tue, 21 May 2024NOK 104.6bNOK 37.8bNOK 12.1b9.3x8.6x2.8x
Thu, 18 Apr 2024NOK 101.2bNOK 36.5bNOK 11.5b9.4x8.8x2.8x
Sat, 16 Mar 2024NOK 102.9bNOK 36.5bNOK 11.8b8.9x8.7x2.8x
Mon, 12 Feb 2024NOK 99.6bNOK 35.6bNOK 13.5b8.9x7.4x2.8x
Wed, 10 Jan 2024NOK 99.8bNOK 34.5bNOK 10.7b9.2x9.3x2.9x
Fri, 08 Dec 2023NOK 92.0bNOK 34.4bNOK 10.6b9x8.7x2.7x
Sun, 05 Nov 2023NOK 90.9bNOK 32.8bNOK 11.3b8.8x8x2.8x
Tue, 03 Oct 2023NOK 91.9bNOK 32.7bNOK 10.1b9.4x9.1x2.8x
Thu, 31 Aug 2023NOK 93.3bNOK 32.5bNOK 10.1b8.9x9.2x2.9x
Sat, 29 Jul 2023NOK 94.0bNOK 30.9bNOK 9.3b9.7x10.2x3x
Mon, 26 Jun 2023NOK 90.1bNOK 30.9bNOK 9.3b9.9x9.7x2.9x
Wed, 24 May 2023NOK 88.7bNOK 30.9bNOK 9.3b10x9.5x2.9x
Fri, 21 Apr 2023NOK 89.3bNOK 29.4bNOK 8.8b10.7x10.1x3x
Sun, 19 Mar 2023NOK 86.3bNOK 29.2bNOK 9.1b9.9x9.5x3x
Tue, 14 Feb 2023NOK 88.9bNOK 28.1bNOK 9.1b10.2x9.8x3.2x
Thu, 12 Jan 2023NOK 85.9bNOK 28.0bNOK 8.2b10.8x10.5x3.1x
Sat, 10 Dec 2022NOK 82.8bNOK 27.9bNOK 8.2b10.6x10.1x3x
Mon, 07 Nov 2022NOK 79.0bNOK 27.8bNOK 8.5b10x9.3x2.8x
Wed, 05 Oct 2022NOK 78.3bNOK 27.8bNOK 8.2b10.3x9.6x2.8x
Price to Earnings Ratio

9.6x


Total Market Cap: NOK 78.3bTotal Earnings: NOK 8.2bTotal Revenue: NOK 27.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Price to Earnings3Y Average 9.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Norwegian Regional 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 9.4x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Regional Banks compare with similar industries?

NO Market1.34%
Financials0.58%
Banks0.59%
Regional Banks-0.65%
Diversified Banks0.98%
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
HELG SpareBank 1 HelgelandNOK 183.983.8%
+NOK 180.0m		34.3%PB0.9x
MING SpareBank 1 SMNNOK 191.760.6%
+NOK 155.7m		25.6%PB1x
ROGS Rogaland SparebankNOK 143.003.5%
+NOK 110.8m		34.9%PB0.8x
MORG Sparebanken MøreNOK 110.002.0%
+NOK 105.2m		31.5%PB0.6x
JAREN Jæren SparebankNOK 380.001.6%
+NOK 29.8m		23.1%PB0.7x

Latest News

AURG
NOK 240.05
Aurskog Sparebank
7D
-0.8%
1Y
4.4%
SB1NO
NOK 176.00
SpareBank 1 Sør-Norge
7D
-2.0%
1Y
30.6%
INSTA
NOK 3.01
Instabank
7D
1.7%
1Y
54.8%
MING
NOK 191.76
SpareBank 1 SMN
7D
0.6%
1Y
25.6%
TRSB
NOK 116.94
Trøndelag Sparebank
7D
2.6%
1Y
n/a
SKUE
NOK 320.00
Skue Sparebank
7D
-0.3%
1Y
28.0%
SOAG
NOK 436.00
SpareBank 1 Østfold Akershus
7D
-0.7%
1Y
27.1%
SOGN
NOK 255.95
Sogn Sparebank
7D
-2.1%
1Y
10.0%
KRAB
NOK 12.50
Kraft Bank
7D
3.3%
1Y
36.6%
JAREN
NOK 380.00
Jæren Sparebank
7D
1.6%
1Y
23.1%
SNOR
NOK 166.40
SpareBank 1 Nordmøre
7D
-3.3%
1Y
29.0%
ROGS
NOK 143.00
Rogaland Sparebank
7D
3.5%
1Y
34.9%
MORG
NOK 110.00
Sparebanken Møre
7D
2.0%
1Y
31.5%
HELG
NOK 183.98
SpareBank 1 Helgeland
7D
3.8%
1Y
34.3%
BIEN
NOK 138.00
Bien Sparebank
7D
-0.7%
1Y
48.4%
NONG
NOK 140.84
SpareBank 1 Nord-Norge
7D
-0.7%
1Y
31.3%