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Norwegian (OSEAX) Regional Banks Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies31
  • 7D-1.5%
  • 3M8.7%
  • 1Y18.0%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has dropped 1.5%, driven by a pullback from SpareBank 1 Sør-Norge of 3.2%. Over the past 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 8.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NOK 103.6bNOK 38.6bNOK 12.9b9.4x8x2.7x
Tue, 19 Nov 2024NOK 101.1bNOK 38.3bNOK 13.5b8.3x7.5x2.6x
Thu, 17 Oct 2024NOK 98.4bNOK 36.4bNOK 11.8b9.5x8.3x2.7x
Sat, 14 Sep 2024NOK 106.0bNOK 39.5bNOK 12.6b9.3x8.4x2.7x
Mon, 12 Aug 2024NOK 103.4bNOK 39.3bNOK 14.4b9.3x7.2x2.6x
Wed, 10 Jul 2024NOK 102.0bNOK 38.5bNOK 12.2b9.3x8.3x2.6x
Fri, 07 Jun 2024NOK 101.7bNOK 38.1bNOK 12.1b9.3x8.4x2.7x
Sun, 05 May 2024NOK 102.5bNOK 37.2bNOK 11.7b9.5x8.7x2.8x
Tue, 02 Apr 2024NOK 100.9bNOK 36.5bNOK 11.5b9.2x8.7x2.8x
Thu, 29 Feb 2024NOK 100.0bNOK 36.3bNOK 11.9b8.9x8.4x2.8x
Sat, 27 Jan 2024NOK 101.2bNOK 34.6bNOK 10.7b9.4x9.4x2.9x
Mon, 25 Dec 2023NOK 96.4bNOK 34.5bNOK 10.7b9.1x9x2.8x
Wed, 22 Nov 2023NOK 90.3bNOK 34.4bNOK 10.7b8.7x8.4x2.6x
Fri, 20 Oct 2023NOK 92.8bNOK 32.7bNOK 10.1b9.3x9.2x2.8x
Sun, 17 Sep 2023NOK 93.5bNOK 32.7bNOK 10.2b9.1x9.2x2.9x
Tue, 15 Aug 2023NOK 94.9bNOK 31.6bNOK 10.6b9.6x9x3x
Thu, 13 Jul 2023NOK 90.8bNOK 30.8bNOK 9.2b9.9x9.8x2.9x
Sat, 10 Jun 2023NOK 89.0bNOK 30.7bNOK 9.3b10.1x9.6x2.9x
Mon, 08 May 2023NOK 88.6bNOK 29.8bNOK 8.9b10.7x9.9x3x
Wed, 05 Apr 2023NOK 87.7bNOK 29.3bNOK 9.0b10.3x9.7x3x
Fri, 03 Mar 2023NOK 93.5bNOK 28.7bNOK 9.0b10.4x10.4x3.3x
Sun, 29 Jan 2023NOK 85.9bNOK 28.0bNOK 8.2b11x10.5x3.1x
Tue, 27 Dec 2022NOK 85.9bNOK 28.0bNOK 8.2b10.9x10.5x3.1x
Thu, 24 Nov 2022NOK 83.3bNOK 27.9bNOK 8.4b9.6x9.9x3x
Sat, 22 Oct 2022NOK 79.4bNOK 27.8bNOK 8.2b10.2x9.7x2.9x
Mon, 19 Sep 2022NOK 82.6bNOK 27.8bNOK 8.3b10.6x10x3x
Wed, 17 Aug 2022NOK 86.0bNOK 27.1bNOK 8.3b11.8x10.3x3.2x
Fri, 15 Jul 2022NOK 79.2bNOK 27.3bNOK 8.3b11.2x9.6x2.9x
Sun, 12 Jun 2022NOK 84.7bNOK 27.3bNOK 8.3b12.5x10.2x3.1x
Tue, 10 May 2022NOK 84.1bNOK 27.1bNOK 8.2b11.7x10.3x3.1x
Thu, 07 Apr 2022NOK 93.2bNOK 27.1bNOK 8.2b12.8x11.3x3.4x
Sat, 05 Mar 2022NOK 91.8bNOK 27.0bNOK 8.1b12.3x11.3x3.4x
Mon, 31 Jan 2022NOK 96.2bNOK 25.7bNOK 7.8b12.2x12.3x3.7x
Wed, 29 Dec 2021NOK 93.7bNOK 25.9bNOK 7.5b12.2x12.5x3.6x
Price to Earnings Ratio

12.5x


Total Market Cap: NOK 93.7bTotal Earnings: NOK 7.5bTotal Revenue: NOK 25.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Price to Earnings3Y Average 9.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Regional Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.0x which is lower than its 3-year average PE of 9.6x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 14% 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-2.76%
Financials-1.77%
Banks-1.86%
Regional Banks-1.49%
Diversified Banks-1.95%
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
ROGS Rogaland SparebankNOK 124.482.4%
+NOK 65.6m		39.9%PB0.7x
MORG Sparebanken MøreNOK 93.211.4%
+NOK 63.1m		15.1%PB0.5x
APRILA Aprila BankNOK 7.2511.5%
+NOK 54.5m		n/aPB1.8x
JAREN Jæren SparebankNOK 330.001.2%
+NOK 19.7m		26.0%PB0.6x
SKUE Skue SparebankNOK 279.901.8%
+NOK 11.5m		21.7%PB0.2x
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Latest News

MING

NOK 168.40

SpareBank 1 SMN

7D

-0.7%

1Y

22.4%

MELG

NOK 159.02

Melhus Sparebank

7D

-2.4%

1Y

-1.2%

ROMSB

NOK 124.50

Romsdal Sparebank

7D

1.4%

1Y

9.2%

SB1NO

NOK 144.20

SpareBank 1 Sør-Norge

7D

-3.2%

1Y

15.0%

Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

Dec 10
Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

ROGS

NOK 124.48

Rogaland Sparebank

7D

2.4%

1Y

39.9%

BIEN

NOK 120.00

Bien Sparebank

7D

-2.4%

1Y

39.2%

NONG

NOK 120.14

SpareBank 1 Nord-Norge

7D

-1.7%

1Y

21.4%

AURG

NOK 236.00

Aurskog Sparebank

7D

-1.3%

1Y

9.3%

SNOR

NOK 143.00

SpareBank 1 Nordmøre

7D

0.7%

1Y

16.3%

JAREN

NOK 330.00

Jæren Sparebank

7D

1.2%

1Y

26.0%

SB68

NOK 168.50

Sparebank 68° Nord

7D

2.1%

1Y

4.7%

SKUE

NOK 279.90

Skue Sparebank

7D

1.8%

1Y

21.7%

MORG

NOK 93.21

Sparebanken Møre

7D

1.4%

1Y

15.1%

Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Nov 15
Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

KRAB

NOK 8.50

Kraft Bank

7D

-4.0%

1Y

2.4%

APRILA

NOK 7.25

Aprila Bank

7D

11.5%

1Y

n/a

HELG

NOK 142.50

SpareBank 1 Helgeland

7D

-1.0%

1Y

11.3%