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SPOGO Stock Overview

Operates as a savings bank in Eastern Norway. More details

SPOGO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	4/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 31.9% below our estimate of its fair value

Earnings are forecast to grow 17.22% per year

Earnings grew by 41.4% over the past year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Sparebanken Øst Competitors

Secure Trust Bank

LSE:STB

UK£88.1m

Arbuthnot Banking Group

AIM:ARBB

UK£140.5m

Close Brothers Group

LSE:CBG

UK£443.4m

TBC Bank Group

LSE:TBCG

UK£1.7b

Price History & Performance

Summary of share price highs, lows and changes for Sparebanken Øst
Historical stock prices
Current Share Price	NOK 55.00
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	0.44
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	SPOGO	GB Banks	GB Market
7D	0%	6.5%	4.1%
1Y	n/a	52.9%	10.9%

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

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

Price Volatility

Is SPOGO's price volatile compared to industry and market?
SPOGO volatility
SPOGO Average Weekly Movement	n/a
Banks Industry Average Movement	4.1%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.2%
10% least volatile stocks in GB Market	2.7%

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

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

About the Company

Founded	Employees	CEO	Website
1843	186	Pal Strand	www.oest.no

Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services.

Sparebanken Øst Fundamentals Summary

How do Sparebanken Øst's earnings and revenue compare to its market cap?
SPOGO fundamental statistics
Market cap	NOK 1.22b
Earnings (TTM)	NOK 138.00m
Revenue (TTM)	NOK 1.01b

8.8x

P/E Ratio

0.3x

P/B Ratio

Is SPOGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPOGO income statement (TTM)
Revenue	NOK 1.01b
Cost of Revenue	NOK 0
Gross Profit	NOK 1.01b
Other Expenses	NOK 871.00m
Earnings	NOK 138.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.66
Gross Margin	100.00%
Net Profit Margin	13.68%
Debt/Equity Ratio	496.6%

How did SPOGO perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

81%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/27 10:57
End of Day Share Price	2024/05/30 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	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 here.

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 .

Analyst Sources

Sparebanken Øst is covered by 7 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
Geir Kristiansen	Beringer Finance AB
Christian Berner	Beringer Finance AB
Håkon Astrup	DNB Markets