AASB Stock Overview
Provides various banking products and services in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Aasen Sparebank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 122.88 |
| 52 Week High | NOK 133.00 |
| 52 Week Low | NOK 108.00 |
| Beta | 0.26 |
| 1 Month Change | 4.95% |
| 3 Month Change | 7.79% |
| 1 Year Change | -4.00% |
| 3 Year Change | -12.85% |
| 5 Year Change | -4.74% |
| Change since IPO | 2.40% |
Recent News & Updates
Recent updates
Need To Know: One Analyst Is Much More Bullish On Aasen Sparebank (OB:AASB) Revenues
Jun 01
The Aasen Sparebank (OB:AASB) Analyst Just Cut Their Revenue Forecast By 12%
May 18Just Three Days Till Aasen Sparebank (OB:AASB) Will Be Trading Ex-Dividend
Mar 14Read This Before Buying Aasen Sparebank (OB:AASB) For Its Dividend
Feb 28Shareholder Returns
| AASB | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 3.3% | 0.4% | -2.3% |
| 1Y | -4.0% | 12.1% | -0.1% |
Return vs Industry: AASB underperformed the Norwegian Banks industry which returned 12.1% over the past year.
Return vs Market: AASB underperformed the Norwegian Market which returned -0.1% over the past year.
Price Volatility
| AASB volatility | |
|---|---|
| AASB Average Weekly Movement | 2.4% |
| Banks Industry Average Movement | 2.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: AASB has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: AASB's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1862 | 38 | Bjørn Hynne | aasen-sparebank.no |
Aasen Sparebank provides various banking products and services in Norway. The company savings account, savings account for children and home purchase, pension, long-term savings, and stocks. It also provides lease financing; and mortgage, car, green, and small loans.
Aasen Sparebank Fundamentals Summary
| AASB fundamental statistics | |
|---|---|
| Market cap | NOK 212.55m |
| Earnings (TTM) | NOK 21.68m |
| Revenue (TTM) | NOK 182.56m |
9.8x
P/E Ratio0.3x
P/B RatioIs AASB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AASB income statement (TTM) | |
|---|---|
| Revenue | NOK 182.56m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 182.56m |
| Other Expenses | NOK 160.88m |
| Earnings | NOK 21.68m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 12.53 |
| Gross Margin | 100.00% |
| Net Profit Margin | 11.87% |
| Debt/Equity Ratio | 110.6% |
How did AASB perform over the long term?
See historical performance and comparisonDividends
7.3%
Current Dividend Yield72%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 21:47 |
| End of Day Share Price | 2024/12/18 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Aasen Sparebank is covered by 2 analysts. 1 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 |
|---|---|
| Žilvinas Jusaitis | Norne Securities AS |
| Ignas Lekštys | Norne Securities AS |