Helgeland Sparebank provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. More Details
Established dividend payer with proven track record.
Share Price & News
How has Helgeland Sparebank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HELG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HELG exceeded the Norwegian Banks industry which returned -12.3% over the past year.
Return vs Market: HELG exceeded the Norwegian Market which returned -6.3% over the past year.
Price Volatility Vs. Market
How volatile is Helgeland Sparebank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHelgeland Sparebank (OB:HELG) Has Compensated Shareholders With A Respectable 72% Return On Their Investment
1 month ago | Simply Wall StWhat You Need To Know About Helgeland Sparebank's (OB:HELG) Investor Composition
2 months ago | Simply Wall StZooming in on OB:HELG's 6.6% Dividend Yield
Is Helgeland Sparebank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HELG (NOK80.5) is trading above our estimate of fair value (NOK67.94)
Significantly Below Fair Value: HELG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HELG is good value based on its PE Ratio (7x) compared to the NO Banks industry average (9.6x).
PE vs Market: HELG is good value based on its PE Ratio (7x) compared to the Norwegian market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: HELG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: HELG's PB Ratio (0.5x) is in line with the NO Banks industry average.
How is Helgeland Sparebank 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: HELG's forecast earnings growth (8.5% per year) is above the savings rate (1.6%).
Earnings vs Market: HELG's earnings (8.5% per year) are forecast to grow slower than the Norwegian market (33.1% per year).
High Growth Earnings: HELG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HELG's revenue (1.6% per year) is forecast to grow slower than the Norwegian market (5.5% per year).
High Growth Revenue: HELG's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HELG's Return on Equity is forecast to be low in 3 years time (8.7%).
How has Helgeland Sparebank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HELG has high quality earnings.
Growing Profit Margin: HELG's current net profit margins (34.5%) are higher than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: HELG's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: HELG's earnings growth over the past year (99%) exceeds its 5-year average (-3.2% per year).
Earnings vs Industry: HELG earnings growth over the past year (99%) exceeded the Banks industry -5.2%.
Return on Equity
High ROE: HELG's Return on Equity (9%) is considered low.
How is Helgeland Sparebank'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: HELG's Assets to Equity ratio (9.3x) is low.
Allowance for Bad Loans: HELG has a low allowance for bad loans (67%).
Low Risk Liabilities: 62% of HELG's liabilities are made up of primarily low risk sources of funding.
Loan Level: HELG has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: HELG's Loans to Deposits ratio (146%) is high.
Level of Bad Loans: HELG has a high level of bad loans (2%).
What is Helgeland Sparebank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HELG's dividend (6.65%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.48%).
High Dividend: HELG's dividend (6.65%) is in the top 25% of dividend payers in the Norwegian market (6.61%)
Stability and Growth of Payments
Stable Dividend: HELG's dividend payments have been volatile in the past 10 years.
Growing Dividend: HELG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.6%), HELG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HELG's dividends in 3 years are forecast to be well covered by earnings (46.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hanne Nordgaard (48 yo)
Ms. Hanne Johansen Nordgaard serves as a Director of Frende Holding AS. Ms. Nordgaard serves as Chief Executive Officer of Helgeland Sparebank since September 1, 2017. Ms. Nordgaard served as an Executive ...
CEO Compensation Analysis
Compensation vs Market: Hanne's total compensation ($USD275.35K) is below average for companies of similar size in the Norwegian market ($USD435.35K).
Compensation vs Earnings: Hanne's compensation has been consistent with company performance over the past year.
|Business Advisor||5.75yrs||kr17.00||no data|
|Supervisor||5.75yrs||no data||no data|
|Vice Chair of Supervisory Board||5.75yrs||kr75.00k||no data|
|Vice Chairman of the Board||2.58yrs||kr205.00k||no data|
|Chairman of the Board||1.58yrs||kr222.00k||0.0029% |
|Chairman of Supervisory Board||5.75yrs||no data||no data|
|Employee Representative Director||4.5yrs||kr115.00k||0.0032% |
|Employee Representative Director||3.5yrs||kr110.00k||0.0038% |
Experienced Board: HELG's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Helgeland Sparebank's company bio, employee growth, exchange listings and data sources
- Name: Helgeland Sparebank
- Ticker: HELG
- Exchange: OB
- Founded: 1860
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr1.679b
- Shares outstanding: 20.86m
- Website: https://www.hsb.no
Number of Employees
- Helgeland Sparebank
- Jernbanegata 15
- Mo i Rana
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HELG||OB (Oslo Bors)||Yes||Primary Capital Certificates||NO||NOK||Feb 2000|
|HGDP.F||OTCPK (Pink Sheets LLC)||Yes||Primary Capital Certificates||US||USD||Feb 2000|
|0EO8||LSE (London Stock Exchange)||Yes||Primary Capital Certificates||GB||NOK||Feb 2000|
Helgeland Sparebank provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segmen ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 22:24|
|End of Day Share Price||2020/10/19 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.