SpareBank 1 Sør-Norge ASA

DB:B4M1 Stock Report

Market Cap: €3.6b

SpareBank 1 Sør-Norge Management

Management criteria checks 1/4

SpareBank 1 Sør-Norge's CEO is Inge Reinertsen, appointed in Sep 2024, has a tenure of less than a year. directly owns 0.043% of the company’s shares, worth €1.57M. The average tenure of the management team and the board of directors is 3.4 years and 1.1 years respectively.

Key information

Inge Reinertsen

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.04%
Management average tenure3.4yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Inge Reinertsen's remuneration changed compared to SpareBank 1 Sør-Norge's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 5b

Jun 30 2024n/an/a

NOK 5b

Mar 31 2024n/an/a

NOK 5b

Dec 31 2023n/an/a

NOK 4b

Sep 30 2023n/an/a

NOK 4b

Jun 30 2023n/an/a

NOK 4b

Mar 31 2023n/an/a

NOK 3b

Dec 31 2022n/an/a

NOK 3b

Sep 30 2022n/an/a

NOK 3b

Jun 30 2022n/an/a

NOK 3b

Mar 31 2022n/an/a

NOK 3b

Dec 31 2021NOK 4mNOK 2m

NOK 3b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 3b

Mar 31 2021n/an/a

NOK 2b

Dec 31 2020NOK 3mNOK 2m

NOK 2b

Sep 30 2020n/an/a

NOK 1b

Jun 30 2020n/an/a

NOK 1b

Mar 31 2020n/an/a

NOK 2b

Dec 31 2019NOK 4mNOK 2m

NOK 3b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Dec 31 2018NOK 4mNOK 2m

NOK 2b

Compensation vs Market: Insufficient data to establish whether Inge's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Inge's compensation has increased by more than 20% in the past year.

CEO

Inge Reinertsen (53 yo)

less than a year

Tenure

NOK 4,305,000

Compensation

Mr. Inge Reinertsen was Chief Financial Officer of SpareBank 1 SR-Bank ASA from February 1, 2010 to October 1, 2024 and also serves as CEO Since September 16, 2024. Mr. Inge Reinertsen has a degree in Busi...

Leadership Team

NamePositionTenureCompensationOwnership
Inge Reinertsen
Chief Executive Officerless than a yearNOK 4.31m0.043%
€ 1.6m
Glenn Sæther
Executive Vice President of Technology Development & Business Processes2.9yrsNOK 4.06m0.013%
€ 482.4k
Signe Helliesen
Executive Vice President of Compliance6.1yrsNOK 2.24m0.0015%
€ 55.3k
Ella Skjorestad
Executive Vice President of Marketing7yrsNOK 2.80m0.0049%
€ 175.4k
Tore Medhus
Executive Vice President of Large Corporates24.4yrsNOK 4.18m0.024%
€ 883.1k
Jan Friestad
Executive Vice President of Corporate Strategy & Projects3.3yrsNOK 3.38m0.021%
€ 757.6k
Frode Bø
Executive Vice President of Risk Management19.1yrsNOK 3.84m0.0071%
€ 256.4k
Roger Lund Antonesen
Executive Vice President of Retail Market3.2yrsNOK 3.68m0.0013%
€ 45.6k
Marianne Bakke
Executive Vice President of SME & Agriculture3.4yrsNOK 1.97m0.0017%
€ 60.0k
Roar Snippen
Acting Executive Vice President of Economy Finance and Sustainability & CFOless than a yearno datano data
Morten Forgaard
Vice President of Investor Relationsno datano datano data
Nils Hegrestad
Director of Credit and Legalno datano datano data

3.4yrs

Average Tenure

54.5yo

Average Age

Experienced Management: B4M1's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dag Mejdell
Independent Vice chairman1.1yrsNOK 692.00k0.018%
€ 657.1k
Finn Haugan
Chairman of the Board1.1yrsno datano data
Trine Romuld
Independent Director4.8yrsNOK 327.00k0.0015%
€ 54.6k
Sally Lund-Andersen
Employee Representative Director13.1yrsNOK 1.34m0.0015%
€ 54.6k
Jan Skogseth
Independent Director7.8yrsNOK 332.00k0.0038%
€ 137.1k
Kjetil Skjæveland
Director2.8yrsno data0.00076%
€ 27.5k
Camilla Aldona Tepfers
Independent Director2.8yrsno datano data
Hanne Gravdal
Employee Representative Director1.1yrsno datano data
Maria Tho
Director1.1yrsno data0.00013%
€ 4.7k
Heine Wang
Director1.1yrsno datano data
Eirik Elholm
Employee Representative Directorless than a yearno datano data

1.1yrs

Average Tenure

60yo

Average Age

Experienced Board: B4M1's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 11:45
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SpareBank 1 Sør-Norge ASA is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB