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Morrow Bank OB:MOBA Stock Report

Last Price

NOK 8.86

Market Cap

NOK 2.0b

7D

-3.5%

1Y

127.2%

Updated

22 Dec, 2024

Data

Company Financials +

MOBA Stock Overview

Provides unsecured financing to private individuals in the Norway, Finland, Sweden, and German markets. More details

MOBA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance4/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for MOBA from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Morrow Bank ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Morrow Bank
Historical stock prices
Current Share PriceNOK 8.86
52 Week HighNOK 9.62
52 Week LowNOK 3.58
Beta1.66
1 Month Change15.06%
3 Month Change42.90%
1 Year Change127.18%
3 Year Change25.50%
5 Year Change-28.08%
Change since IPO61.09%

Recent News & Updates

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
7D-3.5%-1.9%-2.8%
1Y127.2%10.4%-0.8%

Return vs Industry: MOBA exceeded the Norwegian Banks industry which returned 10.4% over the past year.

Return vs Market: MOBA exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is MOBA's price volatile compared to industry and market?
MOBA volatility
MOBA Average Weekly Movement4.9%
Banks Industry Average Movement2.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

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

Volatility Over Time: MOBA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201266Oyvind 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 capNOK 2.04b
Earnings (TTM)NOK 165.20m
Revenue (TTM)NOK 571.20m

12.3x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MOBA income statement (TTM)
RevenueNOK 571.20m
Cost of RevenueNOK 0
Gross ProfitNOK 571.20m
Other ExpensesNOK 406.00m
EarningsNOK 165.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)0.72
Gross Margin100.00%
Net Profit Margin28.92%
Debt/Equity Ratio11.0%

How did MOBA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Morrow Bank ASA is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jan GjerlandABG Sundal Collier
Ulrik ZürcherBeringer Finance AB
Vegard ToverudPareto Securities