SpareBank 1 Sør-Norge ASA

BATS-CHIXE:SB1NOO Stock Report

Market Cap: NOK 36.2b

SpareBank 1 Sør-Norge Management

Management criteria checks 2/4

SpareBank 1 Sør-Norge's CEO is Inge Reinertsen, appointed in Feb 2010, has a tenure of 14.67 years. directly owns 0.043% of the company’s shares, worth NOK15.69M. The average tenure of the management team and the board of directors is 4.4 years and 6 years respectively.

Key information

Inge Reinertsen

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure14.7yrs
CEO ownership0.04%
Management average tenure4.4yrs
Board average tenure6yrs

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
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

Sep 30 2018n/an/a

NOK 2b

Jun 30 2018n/an/a

NOK 2b

Mar 31 2018n/an/a

NOK 2b

Dec 31 2017NOK 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 UK market.

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

CEO

Inge Reinertsen (53 yo)

14.7yrs

Tenure

NOK 4,305,000

Compensation

Mr. Inge Reinertsen is Chief Financial Officer of SpareBank 1 SR-Bank ASA from February 01, 2010 and also serves as CEO Since September 16, 2024. Mr. Inge Reinertsen has a degree in Business Administration...

Leadership Team

NamePositionTenureCompensationOwnership
Inge Reinertsen
CFO & CEO14.7yrsNOK 4.31m0.043%
NOK 15.7m
Glenn Sæther
Executive Vice President of Technology Development & Business Processes2.6yrsNOK 4.06m0.013%
NOK 4.8m
Signe Helliesen
Executive Vice President of Compliance5.8yrsNOK 2.24m0.0015%
NOK 553.5k
Nina Edvardsen
Executive Vice President of People2.9yrsNOK 2.21m0.0045%
NOK 1.6m
Ella Skjorestad
Executive Vice President of Marketing6.7yrsNOK 2.80m0.0049%
NOK 1.8m
Tore Medhus
Executive Vice President of Large Corporates24.1yrsNOK 4.18m0.024%
NOK 8.8m
Jan Friestad
Executive Vice President of Corporate Strategy & Projects3yrsNOK 3.38m0.021%
NOK 7.6m
Frode Bø
Executive Vice President of Risk Management18.8yrsNOK 3.84m0.0071%
NOK 2.6m
Roger Lund Antonesen
Executive Vice President of Retail Market2.8yrsNOK 3.68m0.0013%
NOK 455.8k
Marianne Bakke
Executive Vice President of SME & Agriculture3.1yrsNOK 1.97m0.0017%
NOK 600.5k
Morten Forgaard
Vice President of Investor Relationsno datano datano data
Nils Hegrestad
Director of Credit and Legalno datano datano data

4.4yrs

Average Tenure

52.5yo

Average Age

Experienced Management: SB1NOO's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dag Mejdell
Independent Chairman8.3yrsNOK 692.00k0.018%
NOK 6.6m
Trine Romuld
Independent Director4.5yrsNOK 327.00k0.0015%
NOK 546.3k
Sally Lund-Andersen
Employee Representative Director12.8yrsNOK 1.34m0.0015%
NOK 546.3k
Jan Skogseth
Independent Director7.5yrsNOK 332.00k0.0038%
NOK 1.4m
Kjetil Skjæveland
Director2.5yrsno data0.00076%
NOK 274.9k
Camilla Aldona Tepfers
Independent Director2.5yrsno datano data
Kate Henriksen
Independent Director9.3yrsNOK 355.00k0.00057%
NOK 206.2k
Eirik Elholm
Employee Representative Directorless than a yearno datano data

6.0yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SB1NOO's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/15 08:08
End of Day Share Price 2024/07/18 00:00
Earnings2024/06/30
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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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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.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB
Johan StrömCarnegie Investment Bank AB