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Sparebanken Møre OB:MORG Stock Report

Last Price

NOK 94.32

Market Cap

NOK 4.6b

7D

2.5%

1Y

24.9%

Updated

19 Nov, 2024

Data

Company Financials +

MORG Stock Overview

Provides banking services for retail and corporate customers in Norway. More details

MORG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends5/6

Sparebanken Møre Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sparebanken Møre
Historical stock prices
Current Share PriceNOK 94.32
52 Week HighNOK 94.40
52 Week LowNOK 73.70
Beta0.47
11 Month Change11.42%
3 Month Change12.62%
1 Year Change24.88%
33 Year Change7.18%
5 Year Change49.71%
Change since IPO1,216.09%

Recent News & Updates

Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Nov 15
Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Apr 27
Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Recent updates

Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Nov 15
Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Apr 27
Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 01
Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 16
Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Analysts Have Made A Financial Statement On Sparebanken Møre's (OB:MORG) Yearly Report

Jan 28
Analysts Have Made A Financial Statement On Sparebanken Møre's (OB:MORG) Yearly Report

Most Shareholders Will Probably Agree With Sparebanken Møre's (OB:MORG) CEO Compensation

Nov 18
Most Shareholders Will Probably Agree With Sparebanken Møre's (OB:MORG) CEO Compensation

Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

May 02
Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

Here's Why We Think Sparebanken Møre's (OB:MORG) CEO Compensation Looks Fair for the time being

Mar 16
Here's Why We Think Sparebanken Møre's (OB:MORG) CEO Compensation Looks Fair for the time being

Here's What Sparebanken Møre's (OB:MORG) Shareholder Ownership Structure Looks Like

Feb 17
Here's What Sparebanken Møre's (OB:MORG) Shareholder Ownership Structure Looks Like

Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

Jan 22
Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

Have Insiders Been Buying Sparebanken Møre (OB:MORG) Shares?

Dec 27
Have Insiders Been Buying Sparebanken Møre (OB:MORG) Shares?

Sparebanken Møre (OB:MORG) Has Gifted Shareholders With A Fantastic 113% Total Return On Their Investment

Dec 06
Sparebanken Møre (OB:MORG) Has Gifted Shareholders With A Fantastic 113% Total Return On Their Investment

Shareholder Returns

MORGNO BanksNO Market
7D2.5%-0.6%1.6%
1Y24.9%15.6%2.5%

Return vs Industry: MORG exceeded the Norwegian Banks industry which returned 15.5% over the past year.

Return vs Market: MORG exceeded the Norwegian Market which returned 1% over the past year.

Price Volatility

Is MORG's price volatile compared to industry and market?
MORG volatility
MORG Average Weekly Movement2.5%
Banks Industry Average Movement2.7%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.7%

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

Volatility Over Time: MORG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1843419Trond Nydalwww.sbm.no

Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage.

Sparebanken Møre Fundamentals Summary

How do Sparebanken Møre's earnings and revenue compare to its market cap?
MORG fundamental statistics
Market capNOK 4.65b
Earnings (TTM)NOK 554.00m
Revenue (TTM)NOK 2.51b

8.4x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MORG income statement (TTM)
RevenueNOK 2.51b
Cost of RevenueNOK 7.00m
Gross ProfitNOK 2.50b
Other ExpensesNOK 1.95b
EarningsNOK 554.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 30, 2025

Earnings per share (EPS)11.25
Gross Margin99.72%
Net Profit Margin22.09%
Debt/Equity Ratio533.7%

How did MORG perform over the long term?

See historical performance and comparison

Dividends

8.0%

Current Dividend Yield

67%

Payout Ratio