Executive Summary
Lillestrøm Sparebank provides various banking products and services for private and business customers. More Details
Rewards
Risk Analysis
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 not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: LSTSB's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
0%
LSTSB
6.1%
NO Banks
1.1%
NO Market
1 Year Return
9.6%
LSTSB
44.3%
NO Banks
39.7%
NO Market
Return vs Industry: LSTSB underperformed the Norwegian Banks industry which returned 26.4% over the past year.
Return vs Market: LSTSB underperformed the Norwegian Market which returned 26.1% over the past year.
Shareholder returns
| LSTSB | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 6.1% | 1.1% |
| 30 Day | -3.3% | 7.3% | 2.9% |
| 90 Day | 14.7% | 14.9% | 13.0% |
| 1 Year | 15.4%9.6% | 51.0%44.3% | 45.1%39.7% |
| 3 Year | 61.6%42.3% | 32.7%15.8% | 19.5%5.7% |
| 5 Year | n/a | 121.2%76.4% | 78.0%43.7% |
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
2 months ago | Simply Wall St
Why Lillestrøm Sparebank (OB:LSTSB) Is A Top Dividend Stock5 months ago | Simply Wall St
Is Lillestrøm Sparebank (OB:LSTSB-ME) A Smart Choice For Dividend Investors?8 months ago | Simply Wall St
Can You Imagine How Lillestrøm Sparebank's (OB:LSTSB-ME) Shareholders Feel About The 15% Share Price Increase?Valuation
Is Lillestrøm Sparebank undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LSTSB (NOK148) is trading below our estimate of fair value (NOK856.96)
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 (2.1x) compared to the NO Banks industry average (10.6x).
PE vs Market: LSTSB is good value based on its PE Ratio (2.1x) compared to the Norwegian market (14.7x).
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 (0.5x).
Next Steps
Future Growth
How is Lillestrøm Sparebank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.9%
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.
Next Steps
- Examine whether Lillestrøm Sparebank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Lillestrøm Sparebank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
Past Performance
How has Lillestrøm Sparebank performed over the past 5 years?
7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LSTSB has high quality earnings.
Growing Profit Margin: LSTSB's current net profit margins (35.8%) are lower than last year (49.8%).
Past Earnings Growth Analysis
Earnings Trend: LSTSB's earnings have grown by 7.2% 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 (-25.9%) over the past year, making it difficult to compare to the Banks industry average (-3.3%).
Return on Equity
High ROE: LSTSB's Return on Equity (6.2%) is considered low.
Next Steps
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 (8.8x) 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 (87%).
Low Risk Deposits: LSTSB's Loans to Deposits ratio (144%) is high.
Level of Bad Loans: Insufficient data to determine if LSTSB has an appropriate level of bad loans.
Next Steps
Dividend
What is Lillestrøm Sparebank current dividend yield, its reliability and sustainability?
5.00%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LSTSB's dividend (5%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.92%).
High Dividend: LSTSB's dividend (5%) is low compared to the top 25% of dividend payers in the Norwegian market (5.15%).
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 low payout ratio (10.6%), LSTSB's dividend payments are thoroughly 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
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average board tenure
CEO
Siri Berggreen (52 yo)
7.92yrs
Tenure
Ms. Siri Berggreen has been a 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 sinc...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 7.17yrs | no data | no data | |
| Chairman of the Board | no data | no data | 0.28% NOK 417.4k | |
| Vice-Chairman of the Board of Directors | no data | no data | no data | |
| Director | 10.17yrs | no data | 0.099% NOK 146.5k | |
| Director | 4.17yrs | no data | 0.44% NOK 654.2k | |
| Director | 4.17yrs | no data | 0.19% NOK 281.2k | |
| Deputy Director | no data | no data | 0.030% NOK 44.4k | |
| Director | 2.17yrs | no data | no data |
4.2yrs
Average Tenure
49yo
Average Age
Experienced Board: LSTSB's board of directors are considered experienced (4.2 years average tenure).
Ownership
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: kr148.000m
- Shares outstanding: 1.00m
- Website: https://www.lillestrombanken.no
Number of Employees
Location
- Lillestrøm Sparebank
- Torvet 5
- Lillestrøm
- Akershus
- 2000
- Norway
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LSTSB | OB (Oslo Bors) | Yes | Share Capital | NO | NOK | Dec 2017 |
Biography
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 17:21 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.