SpareBank 1 Sør-Norge Balance Sheet Health
Financial Health criteria checks 3/6
SpareBank 1 Sør-Norge has total assets of NOK382.7B and total equity of NOK34.1B. Total deposits are NOK155.0B, and total loans are NOK283.4B earning a Net Interest Margin of 1.7%. It has insufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are NOK15.7B.
Key information
11.2x
Asset to equity ratio
1.7%
Net interest margin
| Total deposits | NOK 154.98b |
| Loan to deposit ratio | High |
| Bad loans | 0.8% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | NOK 15.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SB1NOO's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: SB1NOO has a low allowance for bad loans (53%).
Low Risk Liabilities: 56% of SB1NOO's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SB1NOO has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: SB1NOO's Loans to Deposits ratio (183%) is high.
Level of Bad Loans: SB1NOO has an appropriate level of bad loans (0.8%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/15 11:15 |
| End of Day Share Price | 2024/07/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
SpareBank 1 Sør-Norge ASA is covered by 13 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.
| Analyst | Institution |
|---|---|
| Fridtjof Berents | Arctic Securities ASA |
| Geir Kristiansen | Beringer Finance AB |
| Johan Ström | Carnegie Investment Bank AB |