PARBO Stock Overview

Provides various banking products and services in Norway. More details

PARBO fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 49.3% below our estimate of its fair value

Earnings have grown 12% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 1% per year for the next 3 years

Shares are highly illiquid

Significant insider selling over the past 3 months

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Pareto Bank ASA Competitors

Close Brothers Group

LSE:CBG

UK£526.5m

Arbuthnot Banking Group

AIM:ARBB

UK£158.8m

Secure Trust Bank

LSE:STB

UK£84.9m

TBC Bank Group

LSE:TBCG

UK£2.0b

Price History & Performance

Summary of share price highs, lows and changes for Pareto Bank
Historical stock prices
Current Share Price	NOK 47.10
52 Week High	NOK 49.38
52 Week Low	NOK 47.10
Beta	0.96
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	110.27%
5 Year Change	n/a
Change since IPO	26.95%

Recent updates

Shareholder Returns

	PARBO	GB Banks	GB Market
7D	0%	1.4%	0.3%
1Y	n/a	59.0%	12.1%

Return vs Industry: Insufficient data to determine how PARBO performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how PARBO performed against the UK Market.

Price Volatility

Is PARBO's price volatile compared to industry and market?
PARBO volatility
PARBO Average Weekly Movement	n/a
Banks Industry Average Movement	3.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: PARBO has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine PARBO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	61	Tiril Villum	www.paretobank.no

Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans.

Pareto Bank ASA Fundamentals Summary

How do Pareto Bank's earnings and revenue compare to its market cap?
PARBO fundamental statistics
Market cap	NOK 3.89b
Earnings (TTM)	NOK 555.50m
Revenue (TTM)	NOK 920.31m

7.0x

P/E Ratio

0.9x

P/B Ratio

Is PARBO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PARBO income statement (TTM)
Revenue	NOK 920.31m
Cost of Revenue	NOK 0
Gross Profit	NOK 920.31m
Other Expenses	NOK 364.82m
Earnings	NOK 555.50m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

Apr 26, 2023

Earnings per share (EPS)	7.95
Gross Margin	100.00%
Net Profit Margin	60.36%
Debt/Equity Ratio	181.1%

How did PARBO perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

50%

Payout Ratio

Does PARBO pay a reliable dividends?

See PARBO dividend history and benchmarks

When do you need to buy PARBO by to receive an upcoming dividend?
Pareto Bank dividend dates
Ex Dividend Date	Mar 31 2023
Dividend Pay Date	Apr 12 2023
Days until Ex dividend	681 days
Days until Dividend pay date	669 days

Does PARBO pay a reliable dividends?

See PARBO dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/03/15 19:38
End of Day Share Price	2022/12/16 00:00
Earnings	2022/12/31
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Pareto Bank ASA is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Håkon Astrup	DNB Markets
Vegard Toverud	Pareto Securities