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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?

DateMarket CapRevenueEarningsPE
Thu, 12 May 2022kr84.5bkr27.1bkr8.2b11.3x
Sat, 09 Apr 2022kr94.7bkr27.1bkr8.2b13.3x
Mon, 07 Mar 2022kr91.8bkr27.2bkr8.2b12.3x
Wed, 02 Feb 2022kr96.7bkr25.7bkr7.5b12.6x
Fri, 31 Dec 2021kr95.1bkr25.9bkr7.5b12.3x
Sun, 28 Nov 2021kr89.6bkr25.9bkr7.5b11.7x
Tue, 26 Oct 2021kr90.5bkr24.5bkr7.0b12.3x
Thu, 23 Sep 2021kr79.6bkr24.5bkr6.9b11.4x
Sat, 21 Aug 2021kr80.9bkr24.4bkr6.9b11.3x
Sat, 05 Jun 2021kr73.9bkr23.2bkr6.3b10.4x
Tue, 09 Mar 2021kr65.3bkr21.3bkr5.2b11.6x
Mon, 30 Nov 2020kr60.5bkr20.9bkr5.1b10x
Thu, 03 Sep 2020kr55.5bkr20.9bkr5.2b9.7x
Sun, 07 Jun 2020kr51.3bkr21.8bkr5.7b9x
Sat, 29 Feb 2020kr60.8bkr24.4bkr7.7b8.3x
Tue, 03 Dec 2019kr61.7bkr23.9bkr7.5b8.2x
Fri, 06 Sep 2019kr60.1bkr23.6bkr7.6b7.8x
Mon, 10 Jun 2019kr61.4bkr22.8bkr7.3b8.3x
Median PE Ratio

8.3x


Total Market Cap: kr61.4bTotal Earnings: kr7.3bTotal Revenue: kr22.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Median PE3Y Average 10x202020212022
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?

CompanyLast Price7D1YValuation
AURG Aurskog Sparebankkr202.002.0%
+kr12.9m
-4.7%PB0.4x
INSTA Instabankkr3.750.5%
+kr6.7m
103.8%PB1.8x
HSPG Høland og Setskog Sparebankkr168.005.7%
+kr6.2m
34.4%PB0.2x
GRONG Grong Sparebankkr143.000.7%
+kr3.0m
5.9%PB0.5x
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