SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway.
Solid track record established dividend payer.
Share Price & News
How has SpareBank 1 SR-Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0Q57's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0Q57 exceeded the UK Banks industry which returned -40.7% over the past year.
Return vs Market: 0Q57 underperformed the UK Market which returned -21.5% over the past year.
Price Volatility Vs. Market
How volatile is SpareBank 1 SR-Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SpareBank 1 SR-Bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0Q57 (NOK65.03) is trading below our estimate of fair value (NOK134.55)
Significantly Below Fair Value: 0Q57 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0Q57 is good value based on its PE Ratio (5.2x) compared to the Banks industry average (5.4x).
PE vs Market: 0Q57 is good value based on its PE Ratio (5.2x) compared to the UK market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: 0Q57's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 0Q57 is overvalued based on its PB Ratio (0.7x) compared to the GB Banks industry average (0.5x).
How is SpareBank 1 SR-Bank forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0Q57's earnings are forecast to decline over the next 3 years (-2.4% per year).
Earnings vs Market: 0Q57's earnings are forecast to decline over the next 3 years (-2.4% per year).
High Growth Earnings: 0Q57's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 0Q57's revenue (1.7% per year) is forecast to grow slower than the UK market (2.5% per year).
High Growth Revenue: 0Q57's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0Q57's Return on Equity is forecast to be low in 3 years time (10.2%).
How has SpareBank 1 SR-Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0Q57 has high quality earnings.
Growing Profit Margin: 0Q57's current net profit margins (49%) are higher than last year (44.7%).
Past Earnings Growth Analysis
Earnings Trend: 0Q57's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: 0Q57's earnings growth over the past year (34.6%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: 0Q57 earnings growth over the past year (34.6%) exceeded the Banks industry 26.6%.
Return on Equity
High ROE: 0Q57's Return on Equity (12.6%) is considered low.
How is SpareBank 1 SR-Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 0Q57's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0Q57 has a low allowance for bad loans.
Low Risk Liabilities: 0Q57's liabilities are made up of primarily higher risk sources of funding.
Loan Level: 0Q57 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0Q57 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: 0Q57 has an appropriate level of bad loans (1.12%)
What is SpareBank 1 SR-Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0Q57's dividend (8.68%) is higher than the bottom 25% of dividend payers in the UK market (2.49%).
High Dividend: 0Q57's dividend (8.68%) is in the top 25% of dividend payers in the UK market (6.84%)
Stability and Growth of Payments
Stable Dividend: 0Q57's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0Q57's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45%), 0Q57's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0Q57's dividends in 3 years are forecast to be covered by earnings (53.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Arne Austreid (63yo)
Mr. Arne Austreid has been the Chief Executive Officer of SpareBank 1 SR-Bank ASA since January 1, 2011. Mr. Austreid is Director at Fremtind Forsikring AS. Mr. Austreid served as the Chief Executive Offi ...
CEO Compensation Analysis
Compensation vs Market: Arne's total compensation ($USD858.29K) is below average for companies of similar size in the UK market ($USD1.85M).
Compensation vs Earnings: Arne's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||9.25yrs||kr8.81m||0.045% NOK7.3m|
|Chief Financial Officer||10.17yrs||kr3.91m||0.036% NOK5.8m|
|Executive Vice President of Compliance & AML||no data||kr1.64m||0.00011% NOK17.8k|
|Executive Vice President of Customer Services & Marketing||2.17yrs||kr2.60m||0.0033% NOK529.9k|
|Executive Vice President of Human Resources & Business Support||1.83yrs||kr2.42m||0.0079% NOK1.3m|
|Executive Vice President of Corporate Market||19.58yrs||kr3.81m||0.023% NOK3.7m|
|Executive Vice President of Communications & Sustainability||15.25yrs||kr3.09m||0.011% NOK1.8m|
|Executive Vice President of Retail Market||8.67yrs||kr3.18m||0.019% NOK3.1m|
|Executive Vice President of Risk Management||14.25yrs||kr3.19m||0.0068% NOK1.1m|
|Executive Vice President of Strategy||2.17yrs||kr3.83m||0.012% NOK1.9m|
Experienced Management: 0Q57's management team is seasoned and experienced (9.3 years average tenure).
|Chairman of the Board||3.83yrs||kr664.00k||0.012% NOK1.9m|
|Member of Supervisory Board||no data||kr511.00k||no data|
|Chair of the Supervisory Board||5.83yrs||no data||0.00064% NOK103.7k|
|Employee Representative Director||8.25yrs||kr1.25m||0.00093% NOK150.7k|
|Employee Representative Director||3.83yrs||kr997.00k||0.0013% NOK202.6k|
Experienced Board: 0Q57's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0Q57 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SpareBank 1 SR-Bank ASA's company bio, employee growth, exchange listings and data sources
- Name: SpareBank 1 SR-Bank ASA
- Ticker: 0Q57
- Exchange: LSE
- Founded: 1839
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr16.206b
- Shares outstanding: 255.61m
- Website: https://www.sparebank1.no/nb/bank/om-oss.html
Number of Employees
- SpareBank 1 SR-Bank ASA
- Bjergsted Terrasse 1
- Postboks 250
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SRBANK||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 1994|
|SBRK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 1994|
|0Q57||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 1994|
|B4M1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 1994|
|SRBANO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 1994|
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company offers its products and services in the areas of savings, loans, advice, insurance, and pensions. It also provides foreign exchange, administrative securities, commercial properties brokerage, leasing, accounting, and securities trading services, as well as active management and securities management services. In addition, the company facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, it is involved in the customer trading of interest rate instruments; and purchasing of home mortgages and funds by issuing covered bonds. Additionally, the company offers credit and debit cards; structured products; and mobile and online banking services. The company also serves retail, small business, and agricultural customers, as well as public sector. As of December 31, 2018, it had 36 branches in Rogaland, Vest-Agder, Aust-Agder, and Hordaland. SpareBank 1 SR-Bank ASA was founded in 1839 and is headquartered in Stavanger, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 23:26|
|End of Day Share Price||2020/04/09 00:00|
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.