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Norwegian (OSEAX) Regional Banks Industry Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies30
  • 7D-1.7%
  • 3M0.4%
  • 1Y31.5%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has dropped 1.7%, driven by SpareBank 1 Sør-Norge declining 2.7%. In the past year, the industry has gained 31%. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Aug 2025NOK 140.5bNOK 39.6bNOK 13.8b11.3x10.2x3.5x
Wed, 09 Jul 2025NOK 147.7bNOK 40.1bNOK 13.1b11.5x11.3x3.7x
Fri, 06 Jun 2025NOK 142.5bNOK 40.1bNOK 13.1b11.5x10.9x3.6x
Sun, 04 May 2025NOK 136.9bNOK 38.9bNOK 12.6b11.7x10.9x3.5x
Tue, 01 Apr 2025NOK 136.3bNOK 38.9bNOK 13.1b10.8x10.4x3.5x
Thu, 27 Feb 2025NOK 132.8bNOK 39.0bNOK 13.3b10x10x3.4x
Sat, 25 Jan 2025NOK 110.1bNOK 38.6bNOK 12.9b10.1x8.5x2.9x
Mon, 23 Dec 2024NOK 103.6bNOK 38.6bNOK 12.9b9.4x8x2.7x
Wed, 20 Nov 2024NOK 100.4bNOK 38.3bNOK 13.5b8.4x7.4x2.6x
Fri, 18 Oct 2024NOK 99.2bNOK 36.4bNOK 11.8b9.6x8.4x2.7x
Sun, 15 Sep 2024NOK 106.0bNOK 39.5bNOK 12.6b9.3x8.4x2.7x
Tue, 13 Aug 2024NOK 103.9bNOK 39.3bNOK 14.3b9.3x7.3x2.6x
Thu, 11 Jul 2024NOK 102.0bNOK 38.5bNOK 12.2b9.3x8.3x2.7x
Sat, 08 Jun 2024NOK 101.7bNOK 38.1bNOK 12.1b9.4x8.4x2.7x
Mon, 06 May 2024NOK 102.5bNOK 37.2bNOK 11.7b9.5x8.7x2.8x
Wed, 03 Apr 2024NOK 100.9bNOK 36.5bNOK 11.5b9.3x8.8x2.8x
Fri, 01 Mar 2024NOK 100.0bNOK 36.3bNOK 12.0b8.8x8.3x2.8x
Sun, 28 Jan 2024NOK 101.2bNOK 34.6bNOK 10.7b9.4x9.4x2.9x
Tue, 26 Dec 2023NOK 96.4bNOK 34.5bNOK 10.7b9.1x9x2.8x
Thu, 23 Nov 2023NOK 90.0bNOK 34.4bNOK 10.8b8.6x8.4x2.6x
Sat, 21 Oct 2023NOK 92.3bNOK 32.7bNOK 10.1b9.5x9.2x2.8x
Mon, 18 Sep 2023NOK 93.5bNOK 32.7bNOK 10.2b9.1x9.1x2.9x
Wed, 16 Aug 2023NOK 93.4bNOK 32.0bNOK 10.8b9.2x8.7x2.9x
Fri, 14 Jul 2023NOK 90.7bNOK 30.8bNOK 9.2b10x9.8x2.9x
Sun, 11 Jun 2023NOK 89.0bNOK 30.7bNOK 9.3b10.1x9.6x2.9x
Tue, 09 May 2023NOK 89.3bNOK 29.8bNOK 8.9b10.8x10x3x
Thu, 06 Apr 2023NOK 87.7bNOK 29.3bNOK 9.0b10.3x9.7x3x
Sat, 04 Mar 2023NOK 93.8bNOK 28.7bNOK 9.0b10.4x10.5x3.3x
Mon, 30 Jan 2023NOK 85.9bNOK 28.0bNOK 8.2b11x10.5x3.1x
Wed, 28 Dec 2022NOK 86.1bNOK 28.0bNOK 8.2b11x10.5x3.1x
Fri, 25 Nov 2022NOK 84.0bNOK 27.9bNOK 8.4b9.8x10x3x
Sun, 23 Oct 2022NOK 79.4bNOK 27.8bNOK 8.2b9.9x9.6x2.9x
Tue, 20 Sep 2022NOK 82.5bNOK 27.8bNOK 8.3b10.6x10x3x
Thu, 18 Aug 2022NOK 85.7bNOK 27.1bNOK 8.2b11.7x10.4x3.2x
Price to Earnings Ratio

10.4x


Total Market Cap: NOK 85.7bTotal Earnings: NOK 8.2bTotal Revenue: NOK 27.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Regional Banks Industry Price to Earnings3Y Average 9.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Norwegian Regional Banks 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 9.4x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market0.79%
Financials1.94%
Banks1.52%
Regional Banks-1.74%
Diversified Banks2.58%
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 146.004.3%
+NOK 137.9m		42.4%PB0.8x
JAREN Jæren SparebankNOK 372.902.5%
+NOK 45.6m		23.1%PB0.7x
BIEN Bien SparebankNOK 139.001.5%
+NOK 11.4m		56.2%PB1.1x
INSTA InstabankNOK 2.801.1%
+NOK 11.3m		51.4%PB1x
AURG Aurskog SparebankNOK 235.900.8%
+NOK 8.8m		3.5%PB0.5x

Latest News

FFSB
NOK 125.00
Flekkefjord Sparebank
7D
1.6%
1Y
11.6%
NONG
NOK 142.08
SpareBank 1 Nord-Norge
7D
-5.0%
1Y
33.4%
MING
NOK 191.26
SpareBank 1 SMN
7D
-0.3%
1Y
25.3%
SB1NO
NOK 175.80
SpareBank 1 Sør-Norge
7D
-2.7%
1Y
36.1%
TRSB
NOK 114.00
Trøndelag Sparebank
7D
-4.2%
1Y
n/a
MORG
NOK 104.82
Sparebanken Møre
7D
-0.4%
1Y
24.8%
BIEN
NOK 139.00
Bien Sparebank
7D
1.5%
1Y
56.2%

This Analyst Just Made A Decent Upgrade To Their Bien Sparebank ASA (OB:BIEN) Earnings Forecasts

May 29
This Analyst Just Made A Decent Upgrade To Their Bien Sparebank ASA (OB:BIEN) Earnings Forecasts
SOGN
NOK 264.00
Sogn Sparebank
7D
-6.9%
1Y
35.4%
AURG
NOK 235.90
Aurskog Sparebank
7D
0.8%
1Y
3.5%
TYSB
NOK 148.98
Tysnes Sparebank
7D
1.3%
1Y
24.1%
JAREN
NOK 372.90
Jæren Sparebank
7D
2.5%
1Y
23.1%
SB68
NOK 178.50
Sparebank 68° Nord
7D
1.1%
1Y
11.6%
HELG
NOK 174.00
SpareBank 1 Helgeland
7D
-4.4%
1Y
38.1%
INSTA
NOK 2.80
Instabank
7D
1.1%
1Y
51.4%
SNOR
NOK 158.04
SpareBank 1 Nordmøre
7D
-2.4%
1Y
25.7%
ROGS
NOK 146.00
Rogaland Sparebank
7D
4.3%
1Y
42.4%

Results: Rogaland Sparebank Exceeded Expectations And The Consensus Has Updated Its Estimates

May 11
Results: Rogaland Sparebank Exceeded Expectations And The Consensus Has Updated Its Estimates