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Morrow Bank OB:MOBA Stock Report

Last Price

NOK 4.85

Market Cap

NOK 1.1b

7D

2.8%

1Y

8.3%

Updated

01 Jul, 2024

Data

Company Financials +

MOBA Stock Overview

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

MOBA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Morrow Bank ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Morrow Bank
Historical stock prices
Current Share PriceNOK 4.85
52 Week HighNOK 5.18
52 Week LowNOK 3.23
Beta1.65
11 Month Change4.98%
3 Month Change16.03%
1 Year Change8.26%
33 Year Change-44.95%
5 Year Change-51.26%
Change since IPO-11.82%

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
7D2.8%0.8%1.4%
1Y8.3%6.3%7.1%

Return vs Industry: MOBA exceeded the Norwegian Banks industry which returned 4.9% over the past year.

Return vs Market: MOBA exceeded the Norwegian Market which returned 6.6% over the past year.

Price Volatility

Is MOBA's price volatile compared to industry and market?
MOBA volatility
MOBA Average Weekly Movement4.1%
Banks Industry Average Movement2.8%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.8%

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 capNOK 1.11b
Earnings (TTM)NOK 137.50m
Revenue (TTM)NOK 531.20m

8.1x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MOBA income statement (TTM)
RevenueNOK 531.20m
Cost of RevenueNOK 0
Gross ProfitNOK 531.20m
Other ExpensesNOK 393.70m
EarningsNOK 137.50m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 14, 2024

Earnings per share (EPS)0.60
Gross Margin100.00%
Net Profit Margin25.88%
Debt/Equity Ratio7.1%

How did MOBA perform over the long term?

See historical performance and comparison
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