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Norwegian (OSEAX) Regional Banks Industry Analysis

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies28
  • 7D1.0%
  • 3M-6.1%
  • 1Y5.3%
  • YTDn/a

In the last week, the Regional Banks industry is up 1.0%, with SpareBank 1 Sør-Norge up 1.4%. In the last 12 months, the industry was up 5.3%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 May 2026NOK 151.1bNOK 42.3bNOK 13.7b12x11.1x3.6x
Thu, 23 Apr 2026NOK 163.8bNOK 42.6bNOK 14.0b12.2x11.7x3.8x
Sat, 21 Mar 2026NOK 157.6bNOK 42.6bNOK 14.5b11.3x10.9x3.7x
Mon, 16 Feb 2026NOK 154.9bNOK 42.5bNOK 14.8b11.1x10.5x3.6x
Wed, 14 Jan 2026NOK 151.8bNOK 42.4bNOK 13.9b11.5x10.9x3.6x
Fri, 12 Dec 2025NOK 147.3bNOK 42.4bNOK 13.9b11.3x10.6x3.5x
Sun, 09 Nov 2025NOK 139.0bNOK 42.3bNOK 14.2b10.6x9.8x3.3x
Tue, 07 Oct 2025NOK 140.5bNOK 42.2bNOK 14.0b11x10.1x3.3x
Thu, 04 Sep 2025NOK 138.5bNOK 42.2bNOK 14.0b11.2x9.9x3.3x
Sat, 02 Aug 2025NOK 143.0bNOK 40.1bNOK 13.1b11.5x10.9x3.6x
Mon, 30 Jun 2025NOK 143.5bNOK 40.1bNOK 13.1b11.6x11x3.6x
Wed, 28 May 2025NOK 141.9bNOK 40.2bNOK 13.1b11.3x10.8x3.5x
Fri, 25 Apr 2025NOK 131.5bNOK 38.9bNOK 12.6b11.6x10.5x3.4x
Sun, 23 Mar 2025NOK 136.0bNOK 38.9bNOK 13.2b10.9x10.3x3.5x
Tue, 18 Feb 2025NOK 112.3bNOK 38.9bNOK 13.6b9.7x8.2x2.9x
Thu, 16 Jan 2025NOK 108.6bNOK 38.6bNOK 12.9b9.6x8.4x2.8x
Sat, 14 Dec 2024NOK 104.6bNOK 38.3bNOK 13.0b9.4x8.1x2.7x
Mon, 11 Nov 2024NOK 101.6bNOK 38.2bNOK 13.2b8.6x7.7x2.7x
Wed, 09 Oct 2024NOK 96.5bNOK 36.4bNOK 11.8b9.4x8.2x2.6x
Fri, 06 Sep 2024NOK 105.5bNOK 39.5bNOK 12.6b9.5x8.4x2.7x
Sun, 04 Aug 2024NOK 106.0bNOK 38.5bNOK 12.3b9.6x8.6x2.8x
Tue, 02 Jul 2024NOK 103.2bNOK 38.1bNOK 12.1b9.5x8.5x2.7x
Thu, 30 May 2024NOK 102.7bNOK 38.1bNOK 12.2b9.1x8.4x2.7x
Sat, 27 Apr 2024NOK 100.3bNOK 37.1bNOK 11.7b9.5x8.5x2.7x
Mon, 25 Mar 2024NOK 100.4bNOK 36.5bNOK 11.5b9.2x8.7x2.7x
Wed, 21 Feb 2024NOK 99.7bNOK 36.3bNOK 11.9b8.8x8.4x2.8x
Fri, 19 Jan 2024NOK 100.2bNOK 34.5bNOK 10.7b9.3x9.4x2.9x
Sun, 17 Dec 2023NOK 95.6bNOK 34.5bNOK 10.8b9.1x8.9x2.8x
Tue, 14 Nov 2023NOK 90.2bNOK 34.2bNOK 10.7b9x8.4x2.6x
Thu, 12 Oct 2023NOK 93.2bNOK 32.7bNOK 10.1b9.4x9.2x2.8x
Sat, 09 Sep 2023NOK 92.8bNOK 32.6bNOK 10.0b9.3x9.3x2.8x
Mon, 07 Aug 2023NOK 94.5bNOK 30.9bNOK 9.3b9.9x10.2x3.1x
Wed, 05 Jul 2023NOK 92.3bNOK 30.9bNOK 9.3b10x10x3x
Fri, 02 Jun 2023NOK 87.7bNOK 30.7bNOK 9.3b9.8x9.4x2.9x
Price to Earnings Ratio

9.4x


Total Market Cap: NOK 87.7bTotal Earnings: NOK 9.3bTotal Revenue: NOK 30.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Price to Earnings3Y Average 9.5x202420252026
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 11.1x which is higher than its 3-year average PE of 9.5x.
  • The 3-year average PS ratio of 3.1x 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 14% per year over the last three years.
  • Revenues for these companies have grown 11% 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-0.20%
Financials1.65%
Banks2.06%
Regional Banks1.05%
Diversified Banks2.37%
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
SB1NO SpareBank 1 Sør-NorgeNOK 193.201.4%
+NOK 975.8m		6.5%PB1.3x
NONG SpareBank 1 Nord-NorgeNOK 148.042.2%
+NOK 315.2m		2.0%PB0.8x
MING SpareBank 1 SMNNOK 190.081.0%
+NOK 282.7m		-1.1%PB0.9x
APRILA Aprila BankNOK 11.506.5%
+NOK 50.9m		101.8%PB2.2x
MORG Sparebanken MøreNOK 114.400.8%
+NOK 45.7m		13.9%PB0.6x

Latest News

TINDE
NOK 116.00
Tinde Sparebank
7D
-1.7%
1Y
-8.7%
ROMER
NOK 152.52
Romerike Sparebank
7D
-3.2%
1Y
8.9%
SB68
NOK 196.00
Sparebank 68° Nord
7D
-1.9%
1Y
12.0%
TRSB
NOK 114.00
Trøndelag Sparebank
7D
2.7%
1Y
-5.0%
SOGN
NOK 330.40
Sogn Sparebank
7D
-5.6%
1Y
18.4%
HGSB
NOK 162.00
Haugesund Sparebank
7D
-1.8%
1Y
-4.7%
GRONG
NOK 188.80
Grong Sparebank
7D
6.1%
1Y
25.1%
KRAB
NOK 13.70
Kraft Bank
7D
1.5%
1Y
37.0%
NONG
NOK 148.04
SpareBank 1 Nord-Norge
7D
2.2%
1Y
2.0%
Analysis Article • May 11

SpareBank 1 Nord-Norge (OB:NONG) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

SpareBank 1 Nord-Norge ( OB:NONG ) shareholders are probably feeling a little disappointed, since its shares fell 4.8...
SOAG
NOK 455.00
SpareBank 1 Østfold Akershus
7D
-0.4%
1Y
7.2%
SB1NO
NOK 193.20
SpareBank 1 Sør-Norge
7D
1.4%
1Y
6.5%
INSTA
NOK 4.25
Instabank
7D
-1.2%
1Y
74.2%
SNOR
NOK 181.48
SpareBank 1 Nordmøre
7D
-3.5%
1Y
11.7%
APRILA
NOK 11.50
Aprila Bank
7D
6.5%
1Y
101.8%
MORG
NOK 114.40
Sparebanken Møre
7D
0.8%
1Y
13.9%
MING
NOK 190.08
SpareBank 1 SMN
7D
1.0%
1Y
-1.1%