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Norwegian (OSEAX) Regional Banks Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies31
  • 7D2.1%
  • 3M7.0%
  • 1Y18.4%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has risen 1.9%, driven by gains from SpareBank 1 Sør-Norge of 2.1%. This means that the industry has gained 18% over the past year. Looking forward, earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025NOK 108.9bNOK 38.6bNOK 12.9b9.7x8.4x2.8x
Thu, 19 Dec 2024NOK 104.3bNOK 38.6bNOK 12.9b9.8x8.1x2.7x
Sat, 16 Nov 2024NOK 100.7bNOK 38.2bNOK 13.1b9x7.7x2.6x
Mon, 14 Oct 2024NOK 98.0bNOK 36.4bNOK 11.8b9.5x8.3x2.7x
Wed, 11 Sep 2024NOK 104.4bNOK 39.5bNOK 12.6b9.4x8.3x2.6x
Fri, 09 Aug 2024NOK 104.2bNOK 38.5bNOK 12.3b9.5x8.5x2.7x
Sun, 07 Jul 2024NOK 103.6bNOK 38.5bNOK 12.2b9.3x8.5x2.7x
Tue, 04 Jun 2024NOK 103.1bNOK 38.1bNOK 12.1b9.3x8.5x2.7x
Thu, 02 May 2024NOK 102.3bNOK 37.2bNOK 11.8b9.6x8.7x2.8x
Sat, 30 Mar 2024NOK 100.9bNOK 36.5bNOK 11.5b9.2x8.7x2.8x
Mon, 26 Feb 2024NOK 99.3bNOK 36.3bNOK 11.9b8.8x8.4x2.7x
Wed, 24 Jan 2024NOK 101.1bNOK 34.5bNOK 10.7b9.3x9.4x2.9x
Fri, 22 Dec 2023NOK 96.2bNOK 34.5bNOK 10.7b9.1x9x2.8x
Sun, 19 Nov 2023NOK 90.6bNOK 34.4bNOK 10.8b8.8x8.4x2.6x
Tue, 17 Oct 2023NOK 93.0bNOK 32.7bNOK 10.1b9.5x9.2x2.8x
Thu, 14 Sep 2023NOK 92.6bNOK 32.7bNOK 10.1b9.3x9.1x2.8x
Sat, 12 Aug 2023NOK 94.9bNOK 30.9bNOK 9.3b10x10.3x3.1x
Mon, 10 Jul 2023NOK 91.7bNOK 30.9bNOK 9.3b10x9.9x3x
Wed, 07 Jun 2023NOK 88.7bNOK 30.7bNOK 9.3b10.2x9.6x2.9x
Fri, 05 May 2023NOK 88.2bNOK 29.5bNOK 8.8b10.6x10x3x
Sun, 02 Apr 2023NOK 87.0bNOK 29.3bNOK 9.0b10.3x9.7x3x
Tue, 28 Feb 2023NOK 93.1bNOK 28.7bNOK 9.4b10x9.9x3.2x
Thu, 26 Jan 2023NOK 85.3bNOK 28.0bNOK 8.2b10.9x10.4x3x
Sat, 24 Dec 2022NOK 85.9bNOK 28.0bNOK 8.2b10.9x10.5x3.1x
Mon, 21 Nov 2022NOK 82.8bNOK 27.9bNOK 8.4b9.6x9.9x3x
Wed, 19 Oct 2022NOK 79.2bNOK 27.8bNOK 8.2b10.2x9.7x2.9x
Fri, 16 Sep 2022NOK 83.2bNOK 27.8bNOK 8.3b10.6x10.1x3x
Sun, 14 Aug 2022NOK 85.8bNOK 27.1bNOK 8.6b11.9x10x3.2x
Tue, 12 Jul 2022NOK 79.4bNOK 27.3bNOK 8.3b11.5x9.6x2.9x
Thu, 09 Jun 2022NOK 86.3bNOK 27.3bNOK 8.3b12.8x10.4x3.2x
Sat, 07 May 2022NOK 85.9bNOK 27.1bNOK 8.2b12.5x10.5x3.2x
Mon, 04 Apr 2022NOK 95.2bNOK 27.1bNOK 8.2b13.3x11.6x3.5x
Wed, 02 Mar 2022NOK 93.7bNOK 27.0bNOK 8.1b12.5x11.6x3.5x
Fri, 28 Jan 2022NOK 96.7bNOK 25.9bNOK 7.5b12.5x12.9x3.7x
Price to Earnings Ratio

12.9x


Total Market Cap: NOK 96.7bTotal Earnings: NOK 7.5bTotal Revenue: NOK 25.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Price to Earnings3Y Average 9.5x202320242025
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 8.4x which is lower than its 3-year average PE of 9.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
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 Market0.11%
Financials2.17%
Banks2.28%
Regional Banks2.05%
Diversified Banks2.34%
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 153.002.5%
+NOK 1.0b		17.1%PB1.1x
MING SpareBank 1 SMNNOK 178.322.6%
+NOK 643.2m		23.1%PB0.9x
NONG SpareBank 1 Nord-NorgeNOK 128.942.5%
+NOK 311.2m		22.6%PB0.7x
MORG Sparebanken MøreNOK 95.311.4%
+NOK 64.5m		12.6%PB0.5x
SOAG SpareBank 1 Østfold AkershusNOK 387.001.3%
+NOK 61.9m		15.9%PB1x
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Latest News

INSTA

NOK 2.02

Instabank

7D

-0.5%

1Y

21.7%

HGSB

NOK 154.00

Haugesund Sparebank

7D

-0.6%

1Y

n/a

NONG

NOK 128.94

SpareBank 1 Nord-Norge

7D

2.5%

1Y

22.6%

SB1NO

NOK 153.00

SpareBank 1 Sør-Norge

7D

2.5%

1Y

17.1%

MING

NOK 178.32

SpareBank 1 SMN

7D

2.6%

1Y

23.1%

GRONG

NOK 150.00

Grong Sparebank

7D

-1.3%

1Y

4.9%

BIEN

NOK 122.00

Bien Sparebank

7D

-2.4%

1Y

45.2%

TYSB

NOK 115.04

Tysnes Sparebank

7D

-1.6%

1Y

0.03%

AURG

NOK 234.00

Aurskog Sparebank

7D

-1.3%

1Y

8.3%

SNOR

NOK 147.88

SpareBank 1 Nordmøre

7D

3.0%

1Y

16.4%

JAREN

NOK 338.00

Jæren Sparebank

7D

1.6%

1Y

21.6%

MORG

NOK 95.31

Sparebanken Møre

7D

1.4%

1Y

12.6%

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

SOAG

NOK 387.00

SpareBank 1 Østfold Akershus

7D

1.3%

1Y

15.9%

KRAB

NOK 8.35

Kraft Bank

7D

-0.6%

1Y

-4.0%

HELG

NOK 148.00

SpareBank 1 Helgeland

7D

1.4%

1Y

4.2%

MMBANK

NOK 15.50

Maritime & Merchant Bank

7D

-2.4%

1Y

n/a