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Jæren Sparebank OB:JAREN Stock Report

Last Price

NOK 330.00

Market Cap

NOK 1.6b

7D

1.2%

1Y

26.0%

Updated

22 Dec, 2024

Data

Company Financials +

JAREN Stock Overview

Provides various financial products and services to individuals and businesses in Norway. More details

JAREN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Jæren Sparebank Competitors

Price History & Performance

Summary of share price highs, lows and changes for Jæren Sparebank
Historical stock prices
Current Share PriceNOK 330.00
52 Week HighNOK 330.00
52 Week LowNOK 250.00
Beta0.21
1 Month Change4.76%
3 Month Change5.11%
1 Year Change25.95%
3 Year Change58.65%
5 Year Change112.90%
Change since IPO202.75%

Recent News & Updates

Recent updates

Jæren Sparebank (OB:JAREN) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment

Mar 19
Jæren Sparebank (OB:JAREN) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment

Is Jæren Sparebank (OB:JAEREN) An Attractive Dividend Stock?

Jan 25
Is Jæren Sparebank (OB:JAEREN) An Attractive Dividend Stock?

Shareholders Of Jæren Sparebank (OB:JAEREN) Must Be Happy With Their 101% Total Return

Dec 01
Shareholders Of Jæren Sparebank (OB:JAEREN) Must Be Happy With Their 101% Total Return

Shareholder Returns

JARENNO BanksNO Market
7D1.2%-1.9%-2.8%
1Y26.0%10.4%-0.8%

Return vs Industry: JAREN exceeded the Norwegian Banks industry which returned 10.4% over the past year.

Return vs Market: JAREN exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is JAREN's price volatile compared to industry and market?
JAREN volatility
JAREN Average Weekly Movement2.5%
Banks Industry Average Movement2.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

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

Volatility Over Time: JAREN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a87Geir Tjålandwww.jaerensparebank.no

Jæren Sparebank provides various financial products and services to individuals and businesses in Norway. It offers savings accounts, house savings, trusts savings, and pension accounts. The company also provides vehicle loans, mortgages, personal loans, and refinancing services; and bank guarantees, construction loans, overdrafts, leasing, and business loans.

Jæren Sparebank Fundamentals Summary

How do Jæren Sparebank's earnings and revenue compare to its market cap?
JAREN fundamental statistics
Market capNOK 1.63b
Earnings (TTM)NOK 134.05m
Revenue (TTM)NOK 541.91m

12.1x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JAREN income statement (TTM)
RevenueNOK 541.91m
Cost of RevenueNOK 0
Gross ProfitNOK 541.91m
Other ExpensesNOK 407.86m
EarningsNOK 134.05m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)27.18
Gross Margin100.00%
Net Profit Margin24.74%
Debt/Equity Ratio144.1%

How did JAREN perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

59%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Jæren Sparebank is covered by 4 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.

AnalystInstitution
Christian BernerBeringer Finance AB
Geir KristiansenBeringer Finance AB
Žilvinas JusaitisNorne Securities AS