0N01 Stock Overview

A financial institution, provides various banking products and services to private and corporate customers in Norway. More details

0N01 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	6/6

Rewards

Trading at 46.2% below our estimate of its fair value

Earnings grew by 26.9% over the past year

Pays a high and reliable dividend of 6.08%

Risk Analysis

Earnings are forecast to decline by an average of 4.3% per year for the next 3 years

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

SpareBank 1 Ringerike Hadeland Competitors

Close Brothers Group

LSE:CBG

UK£350.1m

Arbuthnot Banking Group

AIM:ARBB

UK£147.8m

TBC Bank Group

LSE:TBCG

UK£1.7b

Secure Trust Bank

LSE:STB

UK£68.7m

Price History & Performance

Summary of share price highs, lows and changes for SpareBank 1 Ringerike Hadeland
Historical stock prices
Current Share Price	NOK 320.00
52 Week High	NOK 320.00
52 Week Low	NOK 320.00
Beta	0.18
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	173.50%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	0N01	GB Banks	GB Market
7D	0%	1.7%	0.8%
1Y	n/a	33.1%	2.7%

Return vs Industry: Insufficient data to determine how 0N01 performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how 0N01 performed against the UK Market.

Price Volatility

Is 0N01's price volatile compared to industry and market?
0N01 volatility
0N01 Average Weekly Movement	n/a
Banks Industry Average Movement	3.7%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0N01's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine 0N01's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1833	266	Bjorn Rindal	www.sparebank1.no/ringerike-hadeland

SpareBank 1 Ringerike Hadeland, a financial institution, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides car, consumer, vehicle, transferring, business, and construction loans, as well as mortgage and refinancing loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; car, home, personal, pet, vehicle and machinery, travel, employee, farm and agricultural, and other insurance products; pension products; and savings and investment products.

SpareBank 1 Ringerike Hadeland Fundamentals Summary

How do SpareBank 1 Ringerike Hadeland's earnings and revenue compare to its market cap?
0N01 fundamental statistics
Market cap	NOK 5.15b
Earnings (TTM)	NOK 618.60m
Revenue (TTM)	NOK 1.32b

8.3x

P/E Ratio

1.0x

P/B Ratio

Is 0N01 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0N01 income statement (TTM)
Revenue	NOK 1.32b
Cost of Revenue	NOK 0
Gross Profit	NOK 1.32b
Other Expenses	NOK 701.28m
Earnings	NOK 618.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	39.53
Gross Margin	100.00%
Net Profit Margin	46.87%
Debt/Equity Ratio	102.6%

How did 0N01 perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

51%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 23:18
End of Day Share Price	2024/11/27 00:00
Earnings	2024/09/30
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

SpareBank 1 Ringerike Hadeland is covered by 7 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
Fridtjof Berents	Arctic Securities ASA
Christian Berner	Beringer Finance AB
Geir Kristiansen	Beringer Finance AB