Sparebanken Møre

BATS-CHIXE:MORGO Stock Report

Market Cap: NOK 4.2b

Sparebanken Møre Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Trond Nydal

Chief executive officer

NOK 3.6m

Total compensation

CEO salary percentage85.2%
CEO tenure7.1yrs
CEO ownershipn/a
Management average tenure6.6yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Trond Nydal's remuneration changed compared to Sparebanken Møre's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

NOK 523m

Dec 31 2023NOK 4mNOK 3m

NOK 500m

Sep 30 2023n/an/a

NOK 452m

Jun 30 2023n/an/a

NOK 423m

Mar 31 2023n/an/a

NOK 390m

Dec 31 2022NOK 3mNOK 3m

NOK 371m

Sep 30 2022n/an/a

NOK 330m

Jun 30 2022n/an/a

NOK 324m

Mar 31 2022n/an/a

NOK 304m

Dec 31 2021NOK 3mNOK 3m

NOK 308m

Sep 30 2021n/an/a

NOK 304m

Jun 30 2021n/an/a

NOK 294m

Mar 31 2021n/an/a

NOK 296m

Dec 31 2020NOK 3mNOK 3m

NOK 268m

Sep 30 2020n/an/a

NOK 287m

Jun 30 2020n/an/a

NOK 299m

Mar 31 2020n/an/a

NOK 316m

Dec 31 2019NOK 3mNOK 3m

NOK 341m

Sep 30 2019n/an/a

NOK 319m

Jun 30 2019n/an/a

NOK 306m

Mar 31 2019n/an/a

NOK 304m

Dec 31 2018NOK 3mNOK 3m

NOK 293m

Sep 30 2018n/an/a

NOK 303m

Jun 30 2018n/an/a

NOK 297m

Mar 31 2018n/an/a

NOK 276m

Dec 31 2017NOK 2mNOK 2m

NOK 273m

Compensation vs Market: Trond's total compensation ($USD341.76K) is below average for companies of similar size in the UK market ($USD977.08K).

Compensation vs Earnings: Trond's compensation has been consistent with company performance over the past year.

CEO

Trond Nydal (53 yo)

7.1yrs

Tenure

NOK 3,579,000

Compensation

Mr. Trond Lars Nydal serves as an Executive Vice President of Retail Banking Division at Sparebanken Møre and served as its Executive Vice President, Ålesund and Sula Region Retail Banking since 2008. Mr....

Leadership Team

NamePositionTenureCompensationOwnership
Trond Nydal
Chief Executive Officer7.1yrsNOK 3.58mno data
John Winsnes
Chief Financial Officer2.5yrsNOK 2.19m0.0014%
NOK 58.7k
Erik Rokke
Head of Risk Management & Compliance Sectionno dataNOK 1.67m0.0032%
NOK 137.2k
Terje Krovel
Executive Vice President of Corporate Banking Division6.6yrsNOK 2.18m0.0019%
NOK 81.4k
Kjetil Hauge
Head of the Organization & Group Support Section6.6yrsNOK 1.66m0.0013%
NOK 54.4k
Marie Hide
Employees Elected Representative Directorno dataNOK 196.00k0.00032%
NOK 13.5k
Elisabeth Blomvik
Head of the Personal Market Division6.8yrsNOK 1.87m0.0019%
NOK 81.0k
Leif Kylling
Head of Risk Managementno dataNOK 1.28mno data
Laila Hurlen
Head of Operational Riskno dataNOK 1.10mno data
Ove Skjeret
Head of Business Development Section1.6yrsNOK 1.48m0.0013%
NOK 55.3k
Ole Kjerstad
CEO & MD of More Boligkreditt AS13.8yrsNOK 1.32mno data
Torunn Moldvær
Head of Department Active Managementno datano datano data

6.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: MORGO's management team is seasoned and experienced (6.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marie Hide
Employees Elected Representative Director7.2yrsNOK 196.00k0.00032%
NOK 13.5k
Leif-Arne Langoy
Trusteeless than a yearNOK 124.00k1.25%
NOK 52.8m
Roy Reite
Chairman of the board1.3yrsNOK 373.00kno data
Jill Aasen
Director6.3yrsNOK 265.00kno data
Tormod Hvattum
Chairman of Parent Bankno datano datano data
Ann Magritt Vikebakk
Trustee2.3yrsNOK 15.00kno data
Jan Aurdal
Chairman of Trustee10.3yrsNOK 54.00kno data
Birgit Midtbust
Director1.3yrsNOK 175.00kno data
Kare Vassdal
Director4.1yrsNOK 290.00kno data
Bjorn Folstad
Director2.1yrsNOK 190.00k0.00033%
NOK 13.9k
Therese Langset
Director3.3yrsNOK 203.00kno data
Terje Boe
Director1.3yrsNOK 151.00kno data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Board: MORGO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/28 01:27
End of Day Share Price 2024/02/29 00:00
Earnings2024/03/31
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Sparebanken Møre is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jan GjerlandABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB