Pareto Bank ASA provides various banking products and services in Norway.
Undervalued with proven track record and pays a dividend.
Share Price & News
How has Pareto Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0RI3 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 0RI3 performed against the UK Banks industry.
Return vs Market: Insufficient data to determine how 0RI3 performed against the UK Market.
Price Volatility Vs. Market
How volatile is Pareto Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Pareto 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: 0RI3 (NOK45.65) is trading below our estimate of fair value (NOK110.43)
Significantly Below Fair Value: 0RI3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0RI3 is good value based on its PE Ratio (7.2x) compared to the Banks industry average (8.6x).
PE vs Market: 0RI3 is good value based on its PE Ratio (7.2x) compared to the UK market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: 0RI3 is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 0RI3 is overvalued based on its PB Ratio (0.9x) compared to the GB Banks industry average (0.7x).
How is Pareto Bank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0RI3's forecast earnings growth (7.3% per year) is above the savings rate (0.5%).
Earnings vs Market: 0RI3's earnings (7.3% per year) are forecast to grow slower than the UK market (13.2% per year).
High Growth Earnings: 0RI3's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0RI3's revenue (9.4% per year) is forecast to grow faster than the UK market (3.8% per year).
High Growth Revenue: 0RI3's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0RI3's Return on Equity is forecast to be low in 3 years time (13.7%).
How has Pareto Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0RI3 has high quality earnings.
Growing Profit Margin: 0RI3's current net profit margins (60%) are higher than last year (59.2%).
Past Earnings Growth Analysis
Earnings Trend: 0RI3's earnings have grown by 18.9% per year over the past 5 years.
Accelerating Growth: 0RI3's earnings growth over the past year (20.2%) exceeds its 5-year average (18.9% per year).
Earnings vs Industry: 0RI3 earnings growth over the past year (20.2%) underperformed the Banks industry 29.6%.
Return on Equity
High ROE: 0RI3's Return on Equity (12.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Pareto Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0RI3 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0RI3's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: 0RI3's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0RI3 has a sufficient allowance for bad loans.
Low Risk Liabilities: 0RI3's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0RI3 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0RI3 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0RI3 has an appropriate level of bad loans.
What is Pareto Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Pareto Bank before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0RI3's dividend (6.95%) is higher than the bottom 25% of dividend payers in the UK market (1.94%).
High Dividend: 0RI3's dividend (6.95%) is in the top 25% of dividend payers in the UK market (5.4%)
Stability and Growth of Payments
Stable Dividend: 0RI3 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0RI3's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.3%), 0RI3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RI3's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tiril Villum 0
Ms. Tiril Haug Villum has been the Chief Executive Officer at Pareto Bank ASA at Pareto AS since 2011. Ms. Villum served as Chief Financial Officer at Pareto Bank ASA. She served as Chief Financial Officer ...
CEO Compensation Analysis
Compensation vs Market: Tiril's total compensation ($USD428.47K) is below average for companies of similar size in the UK market ($USD663.19K).
Compensation vs Earnings: Tiril's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||9.1yrs||kr4.03m||0.43% NOK12.4m|
|CFO and Head of finance & accounting||0yrs||kr2.79m||0.084% NOK2.4m|
|Executive Director of Credit||0yrs||kr2.77m||0.093% NOK2.7m|
|Executive Director of Securities||0yrs||kr3.59m||0.081% NOK2.3m|
|Director of Real Estate||0yrs||kr3.24m||0.28% NOK7.9m|
|Head of Corporate Finance||0yrs||no data||no data|
|Marketing Manager||0yrs||no data||no data|
|1.2yrs||no data||no data|
|Heads of Operational Financing||1.1yrs||no data||no data|
|Treasury||0.9yrs||no data||no data|
Experienced Management: 0RI3's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Chairman of the Board||0yrs||kr380.00k||0.024% NOK677.6k|
|Deputy Chairman||0yrs||kr300.00k||no data|
|Director||0.9yrs||no data||no data|
|Deputy Director||0yrs||kr1.52m||0.061% NOK1.8m|
|Deputy Director||0yrs||kr50.00k||no data|
|Deputy Employee Director||0yrs||kr1.10m||0.016% NOK458.5k|
|Director||0.9yrs||no data||no data|
|Deputy Director||0.9yrs||no data||no data|
|Director||0.9yrs||no data||no data|
Experienced Board: 0RI3's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.8%.
Pareto Bank ASA's company bio, employee growth, exchange listings and data sources
- Name: Pareto Bank ASA
- Ticker: 0RI3
- Exchange: LSE
- Founded: 2007
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr2.864b
- Shares outstanding: 69.85m
- Website: https://www.paretobank.no
Number of Employees
- Pareto Bank ASA
- Dronning Mauds gate 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PARB||OB (Oslo Bors)||Yes||Share Capital||NO||NOK||Mar 2014|
|0RI3||LSE (London Stock Exchange)||Yes||Share Capital||GB||NOK||Mar 2014|
|8PB||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Mar 2014|
|PARBO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||NOK||Mar 2014|
Pareto Bank ASA provides various banking products and services in Norway. The company offers financing for housing and business projects; companies with a specific need for capital; conventional and industrial shipping; and the lending of financial instruments to private customers and companies. It also accepts deposits. The company was founded in 2007 and is based in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 22:15|
|End of Day Share Price||2020/02/28 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.