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Lillestrøm Sparebank

Market Cap


Last Updated

2021/06/20 16:22 UTC

Data Sources

Company Financials

Executive Summary

Lillestrøm Sparebank provides various banking products and services for private and business customers. More Details

Snowflake Analysis

Undervalued with mediocre balance sheet.

Share Price & News

How has Lillestrøm Sparebank's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: LSTSB is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.

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

Market Performance

7 Day Return




NO Banks


NO Market

1 Year Return




NO Banks


NO Market

Return vs Industry: LSTSB underperformed the Norwegian Banks industry which returned 43.7% over the past year.

Return vs Market: LSTSB underperformed the Norwegian Market which returned 32.6% over the past year.

Shareholder returns

7 Day0.7%0.03%-2.4%
30 Day0%1.2%1.8%
90 Day2.0%1.8%1.6%
1 Year27.5%21.3%50.2%43.7%37.9%32.6%
3 Year75.6%48.1%35.3%22.3%17.9%4.7%
5 Yearn/a128.5%90.1%84.0%50.0%

Long-Term Price Volatility Vs. Market

How volatile is Lillestrøm Sparebank's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Lillestrøm Sparebank undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: LSTSB (NOK154) is trading below our estimate of fair value (NOK1054.67)

Significantly Below Fair Value: LSTSB is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: LSTSB is good value based on its PE Ratio (7.3x) compared to the Norwegian Banks industry average (10.6x).

PE vs Market: LSTSB is good value based on its PE Ratio (7.3x) compared to the Norwegian market (14.1x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LSTSB's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: LSTSB is good value based on its PB Ratio (0.1x) compared to the NO Banks industry average (0.6x).

Future Growth

How is Lillestrøm Sparebank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lillestrøm Sparebank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Lillestrøm Sparebank performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LSTSB has high quality earnings.

Growing Profit Margin: LSTSB's current net profit margins (10.1%) are lower than last year (44%).

Past Earnings Growth Analysis

Earnings Trend: LSTSB's earnings have declined by 1.4% per year over the past 5 years.

Accelerating Growth: LSTSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LSTSB had negative earnings growth (-77.4%) over the past year, making it difficult to compare to the Banks industry average (18.7%).

Return on Equity

High ROE: LSTSB's Return on Equity (7%) is considered low.

Financial Health

How is Lillestrøm Sparebank's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: LSTSB's Assets to Equity ratio (9.2x) is low.

Allowance for Bad Loans: Insufficient data to determine if LSTSB has a sufficient allowance for bad loans.

Low Risk Liabilities: 68% of LSTSB's liabilities are made up of primarily low risk sources of funding.

Loan Level: LSTSB has an appropriate level of Loans to Assets ratio (88%).

Low Risk Deposits: LSTSB's Loans to Deposits ratio (147%) is high.

Level of Bad Loans: Insufficient data to determine if LSTSB has an appropriate level of bad loans.


What is Lillestrøm Sparebank current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LSTSB's dividend (4.81%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.87%).

High Dividend: LSTSB's dividend (4.81%) is low compared to the top 25% of dividend payers in the Norwegian market (5.05%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, LSTSB has been paying a dividend for less than 10 years.

Growing Dividend: LSTSB has only been paying a dividend for 3 years, and since then payments have fallen.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.3%), LSTSB's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Siri Berggreen (52 yo)



Ms. Siri Berggreen has been the President and Chief Executive Officer of Lillestrøm Sparebank since April 01, 2013 and serves as its General Manager. Ms. Berggreen has been a Director of Eika Gruppen AS si...

Board Members

Experienced Board: LSTSB's board of directors are considered experienced (4.4 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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Lillestrøm Sparebank's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Lillestrøm Sparebank
  • Ticker: LSTSB
  • Exchange: OB
  • Founded: 1887
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: kr154.000m
  • Shares outstanding: 1.00m
  • Website: https://www.lillestrombanken.no

Number of Employees


  • Lillestrøm Sparebank
  • Torvet 5
  • Lillestrøm
  • Akershus
  • 2000
  • Norway



Lillestrøm Sparebank provides various banking products and services for private and business customers. It offers accounts; savings and pensions products; and insurance products, such as children, auto, de...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 16:22
End of Day Share Price2021/06/16 00:00
Annual Earnings2020/12/31

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.