Flekkefjord Sparebank (OB:FFSB) - Stock Price, News & Analysis

FFSB Stock Overview

A savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal.

About the company

FFSB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 82.4% below our estimate of its fair value

Earnings are forecast to grow 7.07% per year

Earnings grew by 49.1% over the past year

Risk Analysis

Does not have a meaningful market cap (NOK165M)

Flekkefjord Sparebank Competitors

Aasen Sparebank

OB:AASB

NOK 196.2m

Sogn Sparebank

OB:SOGN

NOK 142.4m

Tysnes Sparebank

OB:TYSB

NOK 231.8m

Romerike Sparebank

OB:ROMER

NOK 347.5m

Price History & Performance

Summary of all time highs, changes and price drops for Flekkefjord Sparebank
Historical stock prices
Current Share Price	NOK 110.00
52 Week High	NOK 118.00
52 Week Low	NOK 107.98
Beta	0
11 Month Change	-0.72%
3 Month Change	-1.40%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-2.65%

Recent updates

Shareholder Returns

	FFSB	NO Banks	NO Market
7D	0%	0.4%	3.3%
1Y	n/a	5.4%	6.3%

Return vs Industry: Insufficient data to determine how FFSB performed against the Norwegian Banks industry.

Return vs Market: Insufficient data to determine how FFSB performed against the Norwegian Market.

Price Volatility

Is FFSB's price volatile compared to industry and market?
FFSB volatility
FFSB Average Weekly Movement	2.9%
Banks Industry Average Movement	2.8%
Market Average Movement	5.2%
10% most volatile stocks in NO Market	11.8%
10% least volatile stocks in NO Market	2.8%

Stable Share Price: FFSB has not had significant price volatility in the past 3 months compared to the Norwegian market.

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

About the Company

Founded	Employees	CEO	Website
1837	67	Heidi Flikka	flekkefjordsparebank.no

Flekkefjord Sparebank, a savings bank, provides banking services for personal and corporate markets in Flekkefjord, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, Sirdal, and Sokndal. It offers savings, current, association, and other deposit accounts; bank cards; mortgage, car, boat, cottage, construction, consumer, installment, agricultural loans, as well as liquidity loans with guarantee, guarantee, and leasing facilities. The company also provides life and health, house and contents, vehicle, travel and leisure, property, and liability insurance products; and trades in funds, shares, equity certificates, subscription rights, and ETF/ETNs.

Flekkefjord Sparebank Fundamentals Summary

How do Flekkefjord Sparebank's earnings and revenue compare to its market cap?
FFSB fundamental statistics
Market cap	NOK 165.00m
Earnings (TTM)	NOK 106.04m
Revenue (TTM)	NOK 258.72m

1.6x

P/E Ratio

0.1x

P/B Ratio

Is FFSB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFSB income statement (TTM)
Revenue	NOK 258.72m
Cost of Revenue	NOK 0
Gross Profit	NOK 258.72m
Other Expenses	NOK 152.69m
Earnings	NOK 106.04m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	70.69
Gross Margin	100.00%
Net Profit Margin	40.98%
Debt/Equity Ratio	122.7%

How did FFSB perform over the long term?

See historical performance and comparison

Flekkefjord Sparebank OB:FFSB Stock Report