company background image
MOBA logo

Morrow Bank OB:MOBA Stock Report

Last Price

kr4.19

Market Cap

kr962.3m

7D

1.9%

1Y

-18.8%

Updated

25 Apr, 2024

Data

Company Financials +

Morrow Bank ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Morrow Bank
Historical stock prices
Current Share Pricekr4.19
52 Week Highkr5.40
52 Week Lowkr3.23
Beta1.68
1 Month Change2.70%
3 Month Change9.97%
1 Year Change-18.80%
3 Year Change-59.08%
5 Year Change-67.52%
Change since IPO-23.82%

Recent News & Updates

Morrow Bank ASA's (OB:MOBA) CEO Might Not Expect Shareholders To Be So Generous This Year

Apr 12
Morrow Bank ASA's (OB:MOBA) CEO Might Not Expect Shareholders To Be So Generous This Year

Recent updates

Morrow Bank ASA's (OB:MOBA) CEO Might Not Expect Shareholders To Be So Generous This Year

Apr 12
Morrow Bank ASA's (OB:MOBA) CEO Might Not Expect Shareholders To Be So Generous This Year

Key Things To Consider Before Buying Komplett Bank ASA (OB:KOMP) For Its Dividend

Apr 14
Key Things To Consider Before Buying Komplett Bank ASA (OB:KOMP) For Its Dividend

Who Has Been Selling Komplett Bank ASA (OB:KOMP) Shares?

Mar 19
Who Has Been Selling Komplett Bank ASA (OB:KOMP) Shares?

Do Institutions Own Komplett Bank ASA (OB:KOMP) Shares?

Feb 11
Do Institutions Own Komplett Bank ASA (OB:KOMP) Shares?

Would Shareholders Who Purchased Komplett Bank's (OB:KOMP) Stock Three Years Be Happy With The Share price Today?

Jan 07
Would Shareholders Who Purchased Komplett Bank's (OB:KOMP) Stock Three Years Be Happy With The Share price Today?

Have Insiders Been Selling Komplett Bank ASA (OB:KOMP) Shares?

Dec 04
Have Insiders Been Selling Komplett Bank ASA (OB:KOMP) Shares?

Shareholder Returns

MOBANO BanksNO Market
7D1.9%-0.7%0.9%
1Y-18.8%11.4%4.6%

Return vs Industry: MOBA underperformed the Norwegian Banks industry which returned 10.5% over the past year.

Return vs Market: MOBA underperformed the Norwegian Market which returned 4.6% over the past year.

Price Volatility

Is MOBA's price volatile compared to industry and market?
MOBA volatility
MOBA Average Weekly Movement3.7%
Banks Industry Average Movement2.9%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.5%
10% least volatile stocks in NO Market2.9%

Stable Share Price: MOBA has not had significant price volatility in the past 3 months.

Volatility Over Time: MOBA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201275Oyvind Oaneswww.morrowbank.no

Morrow Bank ASA provides unsecured financing to private individuals in the Norway, Finland, Sweden, and German markets. It offers deposit products, consumer loans, credit cards, and point of sale finance products. The company was formerly known as Komplett Bank ASA and changed its name to Morrow Bank ASA in April 2023.

Morrow Bank ASA Fundamentals Summary

How do Morrow Bank's earnings and revenue compare to its market cap?
MOBA fundamental statistics
Market capkr962.30m
Earnings (TTM)kr133.70m
Revenue (TTM)kr527.20m

7.2x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MOBA income statement (TTM)
Revenuekr527.20m
Cost of Revenuekr0
Gross Profitkr527.20m
Other Expenseskr393.50m
Earningskr133.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)0.58
Gross Margin100.00%
Net Profit Margin25.36%
Debt/Equity Ratio7.2%

How did MOBA perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.