Lea Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Oddbjorn Berentsen

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	0.4%
Management average tenure	less than a year
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

Oddbjorn Berentsen

no data

Tenure

Mr. Oddbjorn Berentsen serves as Chief Executive Officer at Lea bank ASA (formerly known as BRAbank ASA) (formerly known as Lea bank ASA (formerly known as BRAbank ASA) New (formerly known as Easybank ASA)...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Oddbjorn Berentsen	Chief Executive Officer	no data	no data	0.40% NOK 3.2m
Gard Haugen	Chief Financial Officer	no data	no data	0.080% NOK 640.0k
Oystein Fjalestad	Chief Technology Officer	no data	no data	no data
Geir Jorgensen	Chief Risk & Compliance Officer	no data	no data	0.38% NOK 3.1m
Christian Svendsen	Chief Credit Risk Officer & Chief of Revenue Management	less than a year	no data	0.33% NOK 2.7m
Lars Ulveseth	Chief Solutions Officer	5.8yrs	no data	no data
Eskil Myrmo	Chief Commercial Officer of B2B	no data	no data	no data
Andreas Andersson	Chief Commercial Officer	less than a year	no data	0.079% NOK 630.0k

0.8yrs

Average Tenure

Experienced Management: LEA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kristin Margrethe Devold	Independent Director	4.8yrs	no data	0.011% NOK 87.4k
Siv Børge-Ask	Independent Director	5.8yrs	no data	no data
Jan Plathan	Employee Representative Director	1.8yrs	no data	no data
Rune Fjeldstad	Independent Chairman of the Board	3.3yrs	no data	0.12% NOK 943.1k
Viggo Leisner	Independent Deputy Chairman of the Board	4.8yrs	no data	0.075% NOK 599.4k
Borghild Holen	Director	1.8yrs	no data	0.022% NOK 178.8k
Torvald Kvamme	Director	less than a year	no data	0.0062% NOK 49.7k

3.3yrs

Average Tenure

Experienced Board: LEA's board of directors are considered experienced (3.3 years average tenure).

Lea Bank Management

Management criteria checks 1/4

Key information

Recent management updates

Independent Chairman of the Board recently bought kr468k worth of stock

Chief Commercial Officer recently bought kr415k worth of stock

Lea Bank ASA Appoints Andreas Andersson as Chief Commercial Officer

Lea Bank ASA, Annual General Meeting, Apr 17, 2024

Independent Director recently bought kr88k worth of stock

Chief Operation & Credit Officer recently bought kr97k worth of stock

Recent updates

Price target increased by 29% to kr11.00

Consensus EPS estimates fall by 19%

Independent Chairman of the Board recently bought kr468k worth of stock

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Multitude Bank p.l.c. acquired 9.90% stake in Lea Bank ASA (OB:LEA).

Second quarter 2024 earnings released

Lea Bank ASA to Report Q2, 2024 Results on Aug 15, 2024

Chief Commercial Officer recently bought kr415k worth of stock

Lea Bank ASA Appoints Andreas Andersson as Chief Commercial Officer

First quarter 2024 earnings released

Lea Bank ASA to Report Q1, 2024 Results on Apr 25, 2024

Lea Bank ASA, Annual General Meeting, Apr 17, 2024

Full year 2023 earnings released

Lea Bank ASA Proposes Dividend for the Year 2023

Lea Bank ASA Proposes Dividend for the Year 2023

Price target decreased by 23% to kr8.50

Consensus EPS estimates increase by 13%

Third quarter 2023 earnings released

Consensus EPS estimates fall by 33%

Second quarter 2023 earnings: Revenues exceed analyst expectations

First quarter 2023 earnings: EPS misses analyst expectations

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of kr0.74 per share at 7.1% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Third quarter 2022 earnings released: EPS: kr0.30 (vs kr0.40 in 3Q 2021)

Price target decreased to kr10.00

Independent Director recently bought kr88k worth of stock

Chief Operation & Credit Officer recently bought kr97k worth of stock

First quarter 2022 earnings: Revenues in line with analyst expectations

Price target increased to kr12.00

Investor sentiment improved over the past week

BRAbank ASA, Annual General Meeting, Apr 21, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

BRAbank ASA (OB:BRA) acquired Swedish portfolio of non-performing loans from Lowell Sverige AB for SEK 65 Million.

Independent Director recently bought kr188k worth of stock

Third quarter 2021 earnings released

Consensus forecasts updated

Second quarter 2021 earnings released

High number of new directors

Director Oyvind Oanes has left the company

Independent Director recently bought kr98k worth of stock

Independent Director recently bought kr130k worth of stock

Consensus forecasts updated

First quarter 2021 earnings released

Investor sentiment improved over the past week

New 90-day high: kr7.78

Independent Director recently bought kr144k worth of stock

Full year 2020 earnings released: EPS kr7.99 (vs kr1.36 in FY 2019)

Independent Director recently bought kr107k worth of stock

Chief Technology Officer recently bought kr172k worth of stock

Market bids up stock over the past week

Market bids up stock over the past week

Easybank ASA (OTCNO:EASY) completed the acquisition of BRAbank ASA (OB:BRA-ME).

Easybank ASA (OTCNO:EASY) completed the acquisition of Fundu AS.

Easybank ASA to Report Q3, 2020 Results on Nov 12, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure