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Jæren Sparebank OB:JAREN Stock Report

Last Price

NOK 319.95

Market Cap

NOK 1.6b

7D

1.6%

1Y

29.0%

Updated

20 Nov, 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
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends4/6

Jæren Sparebank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jæren Sparebank
Historical stock prices
Current Share PriceNOK 319.95
52 Week HighNOK 326.00
52 Week LowNOK 238.00
Beta0.22
11 Month Change3.90%
3 Month Change8.42%
1 Year Change29.01%
33 Year Change58.39%
5 Year Change126.91%
Change since IPO193.53%

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
7D1.6%0.8%3.1%
1Y29.0%15.8%3.9%

Return vs Industry: JAREN exceeded the Norwegian Banks industry which returned 15.6% over the past year.

Return vs Market: JAREN exceeded the Norwegian Market which returned 2.5% over the past year.

Price Volatility

Is JAREN's price volatile compared to industry and market?
JAREN volatility
JAREN Average Weekly Movement2.9%
Banks Industry Average Movement2.7%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

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 1.58b
Earnings (TTM)NOK 244.15m
Revenue (TTM)NOK 541.91m

6.5x

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 297.76m
EarningsNOK 244.15m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)49.50
Gross Margin100.00%
Net Profit Margin45.05%
Debt/Equity Ratio144.1%

How did JAREN perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

61%

Payout Ratio