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Norwegian (OSEAX) Regional Banks Industry Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies29
  • 7D-2.5%
  • 3M8.2%
  • 1Y23.4%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has dropped 1.1%, driven by SpareBank 1 Sør-Norge declining 2.9%. In the past year, the industry has gained 25%. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jan 2026NOK 151.8bNOK 42.4bNOK 13.9b11.2x11x3.6x
Fri, 05 Dec 2025NOK 145.9bNOK 42.4bNOK 13.9b11.2x10.5x3.4x
Sun, 02 Nov 2025NOK 139.6bNOK 42.7bNOK 14.3b11.1x9.8x3.3x
Tue, 30 Sep 2025NOK 142.2bNOK 42.2bNOK 14.0b11.2x10.2x3.4x
Thu, 28 Aug 2025NOK 141.2bNOK 42.2bNOK 14.0b11.1x10.1x3.3x
Sat, 26 Jul 2025NOK 146.2bNOK 40.1bNOK 13.1b11.6x11.2x3.6x
Mon, 23 Jun 2025NOK 141.2bNOK 40.1bNOK 13.1b11.5x10.8x3.5x
Wed, 21 May 2025NOK 142.8bNOK 40.3bNOK 13.2b10.9x10.8x3.5x
Fri, 18 Apr 2025NOK 129.3bNOK 38.9bNOK 12.6b11.6x10.3x3.3x
Sun, 16 Mar 2025NOK 135.1bNOK 39.0bNOK 13.5b9.3x10x3.5x
Tue, 11 Feb 2025NOK 113.3bNOK 38.6bNOK 13.2b10.7x8.6x2.9x
Thu, 09 Jan 2025NOK 106.3bNOK 38.6bNOK 12.9b9.7x8.2x2.8x
Sat, 07 Dec 2024NOK 102.4bNOK 38.3bNOK 13.0b9.4x7.9x2.7x
Mon, 04 Nov 2024NOK 101.2bNOK 37.9bNOK 15.5b9.6x6.5x2.7x
Wed, 02 Oct 2024NOK 96.5bNOK 39.5bNOK 12.6b9.4x7.7x2.4x
Fri, 30 Aug 2024NOK 105.7bNOK 39.5bNOK 12.6b9.4x8.4x2.7x
Sun, 28 Jul 2024NOK 106.1bNOK 38.5bNOK 12.3b9.5x8.7x2.8x
Tue, 25 Jun 2024NOK 102.4bNOK 38.1bNOK 12.1b9.3x8.5x2.7x
Thu, 23 May 2024NOK 102.7bNOK 37.8bNOK 12.1b9.1x8.5x2.7x
Sat, 20 Apr 2024NOK 100.7bNOK 36.5bNOK 11.5b9.4x8.8x2.8x
Mon, 18 Mar 2024NOK 102.9bNOK 36.5bNOK 11.8b9x8.7x2.8x
Wed, 14 Feb 2024NOK 100.2bNOK 36.1bNOK 11.8b9x8.5x2.8x
Fri, 12 Jan 2024NOK 99.8bNOK 34.5bNOK 10.7b9.4x9.3x2.9x
Sun, 10 Dec 2023NOK 92.4bNOK 34.4bNOK 10.6b9x8.7x2.7x
Tue, 07 Nov 2023NOK 91.6bNOK 33.3bNOK 11.4b8.8x8x2.7x
Thu, 05 Oct 2023NOK 92.4bNOK 32.7bNOK 10.1b9.3x9.2x2.8x
Sat, 02 Sep 2023NOK 94.0bNOK 32.5bNOK 10.1b9x9.3x2.9x
Mon, 31 Jul 2023NOK 94.0bNOK 30.9bNOK 9.3b9.7x10.2x3x
Wed, 28 Jun 2023NOK 90.5bNOK 30.9bNOK 9.3b9.8x9.8x2.9x
Fri, 26 May 2023NOK 88.3bNOK 30.9bNOK 9.3b10x9.5x2.9x
Sun, 23 Apr 2023NOK 89.2bNOK 29.4bNOK 8.8b10.7x10.1x3x
Tue, 21 Mar 2023NOK 87.7bNOK 29.3bNOK 9.1b9.9x9.6x3x
Thu, 16 Feb 2023NOK 88.8bNOK 28.1bNOK 8.6b10.9x10.3x3.2x
Sat, 14 Jan 2023NOK 87.0bNOK 28.0bNOK 8.2b10.9x10.6x3.1x
Price to Earnings Ratio

10.6x


Total Market Cap: NOK 87.0bTotal Earnings: NOK 8.2bTotal Revenue: NOK 28.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Price to Earnings3Y Average 9.4x202420252026
Current Industry PE
  • Investors are optimistic on the Norwegian Regional Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.0x which is higher than its 3-year average PE of 9.4x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.6x.
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 Market0.37%
Financials-1.10%
Banks-1.53%
Regional Banks-2.49%
Diversified Banks-1.23%
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
SNOR SpareBank 1 NordmøreNOK 179.682.7%
+NOK 42.2m		25.6%PB0.4x
INSTA InstabankNOK 3.502.0%
+NOK 31.7m		67.5%PB1.4x
HGSB Haugesund SparebankNOK 161.961.2%
+NOK 10.3m		5.9%PB0.3x
KRAB Kraft BankNOK 11.601.8%
+NOK 8.4m		34.1%PB1x
SB68 Sparebank 68° NordNOK 200.051.0%
+NOK 5.8m		20.9%PB0.4x

Latest News

HGSB
NOK 161.96
Haugesund Sparebank
7D
1.2%
1Y
5.9%
ROMER
NOK 145.50
Romerike Sparebank
7D
1.1%
1Y
14.8%
SOGN
NOK 279.75
Sogn Sparebank
7D
1.0%
1Y
5.6%
FFSB
NOK 123.86
Flekkefjord Sparebank
7D
2.0%
1Y
10.1%
HELG
NOK 179.90
SpareBank 1 Helgeland
7D
-1.7%
1Y
22.8%
ROGS
NOK 142.70
Rogaland Sparebank
7D
-0.9%
1Y
14.6%
INSTA
NOK 3.50
Instabank
7D
2.0%
1Y
67.5%
SOAG
NOK 448.00
SpareBank 1 Østfold Akershus
7D
-1.2%
1Y
15.8%
MING
NOK 198.70
SpareBank 1 SMN
7D
-3.6%
1Y
16.1%
SNOR
NOK 179.68
SpareBank 1 Nordmøre
7D
2.7%
1Y
25.6%
SB68
NOK 200.05
Sparebank 68° Nord
7D
1.0%
1Y
20.9%
SB1NO
NOK 192.60
SpareBank 1 Sør-Norge
7D
-2.9%
1Y
29.4%

SpareBank 1 Sør-Norge ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 03
SpareBank 1 Sør-Norge ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
MORG
NOK 113.60
Sparebanken Møre
7D
-2.9%
1Y
19.4%
NONG
NOK 149.40
SpareBank 1 Nord-Norge
7D
-1.6%
1Y
20.4%
KRAB
NOK 11.60
Kraft Bank
7D
1.8%
1Y
34.1%
AURG
NOK 258.00
Aurskog Sparebank
7D
-4.5%
1Y
8.9%