Norwegian (OSEAX) Regional Banks Industry Analysis
UpdatedMay 12, 2022
DataAggregated Company Financials
Companies26
- 7D-3.5%
- 3M-15.0%
- 1Y7.9%
- YTD-12.0%
Over the last 7 days, the Regional Banks industry has dropped 2.9%, driven by a pullback from SpareBank 1 SR-Bank of 3.3%. In the past year, the industry has gained 12%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Norwegian Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 12 May 2022 | kr84.5b | kr27.1b | kr8.2b | 11.3x |
| Sat, 09 Apr 2022 | kr94.7b | kr27.1b | kr8.2b | 13.3x |
| Mon, 07 Mar 2022 | kr91.8b | kr27.2b | kr8.2b | 12.3x |
| Wed, 02 Feb 2022 | kr96.7b | kr25.7b | kr7.5b | 12.6x |
| Fri, 31 Dec 2021 | kr95.1b | kr25.9b | kr7.5b | 12.3x |
| Sun, 28 Nov 2021 | kr89.6b | kr25.9b | kr7.5b | 11.7x |
| Tue, 26 Oct 2021 | kr90.5b | kr24.5b | kr7.0b | 12.3x |
| Thu, 23 Sep 2021 | kr79.6b | kr24.5b | kr6.9b | 11.4x |
| Sat, 21 Aug 2021 | kr80.9b | kr24.4b | kr6.9b | 11.3x |
| Sat, 05 Jun 2021 | kr73.9b | kr23.2b | kr6.3b | 10.4x |
| Tue, 09 Mar 2021 | kr65.3b | kr21.3b | kr5.2b | 11.6x |
| Mon, 30 Nov 2020 | kr60.5b | kr20.9b | kr5.1b | 10x |
| Thu, 03 Sep 2020 | kr55.5b | kr20.9b | kr5.2b | 9.7x |
| Sun, 07 Jun 2020 | kr51.3b | kr21.8b | kr5.7b | 9x |
| Sat, 29 Feb 2020 | kr60.8b | kr24.4b | kr7.7b | 8.3x |
| Tue, 03 Dec 2019 | kr61.7b | kr23.9b | kr7.5b | 8.2x |
| Fri, 06 Sep 2019 | kr60.1b | kr23.6b | kr7.6b | 7.8x |
| Mon, 10 Jun 2019 | kr61.4b | kr22.8b | kr7.3b | 8.3x |
Median PE Ratio
8.3x
Current Industry PE
- Investors are relatively neutral on the 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 10.0x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 4.2% per year over the last three years.
- Revenues for these companies have grown 5.9% 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 Market | -4.19% | |
| Financials | -3.53% | |
| Banks | -3.23% | |
| Regional Banks | -3.49% | |
| Diversified Banks | -3.16% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AURG Aurskog Sparebank | kr202.00 | 2.0% +kr12.9m | -4.7% | PB0.4x | |
| INSTA Instabank | kr3.75 | 0.5% +kr6.7m | 103.8% | PB1.8x | |
| HSPG Høland og Setskog Sparebank | kr168.00 | 5.7% +kr6.2m | 34.4% | PB0.2x | |
| GRONG Grong Sparebank | kr143.00 | 0.7% +kr3.0m | 5.9% | PB0.5x |