MORG Stock Overview
Provides banking services for retail and corporate customers in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Sparebanken Møre Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 93.21 |
| 52 Week High | NOK 94.50 |
| 52 Week Low | NOK 80.11 |
| Beta | 0.48 |
| 1 Month Change | 0.41% |
| 3 Month Change | 13.67% |
| 1 Year Change | 15.07% |
| 3 Year Change | 5.44% |
| 5 Year Change | 46.56% |
| Change since IPO | 1,200.61% |
Recent News & Updates
Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation
Nov 15
Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts
Apr 27Recent updates
Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation
Nov 15Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts
Apr 27Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's
Apr 01Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's
Mar 16Analysts Have Made A Financial Statement On Sparebanken Møre's (OB:MORG) Yearly Report
Jan 28Most Shareholders Will Probably Agree With Sparebanken Møre's (OB:MORG) CEO Compensation
Nov 18Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?
May 02Here's Why We Think Sparebanken Møre's (OB:MORG) CEO Compensation Looks Fair for the time being
Mar 16Here's What Sparebanken Møre's (OB:MORG) Shareholder Ownership Structure Looks Like
Feb 17Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?
Jan 22Have Insiders Been Buying Sparebanken Møre (OB:MORG) Shares?
Dec 27
Sparebanken Møre (OB:MORG) Has Gifted Shareholders With A Fantastic 113% Total Return On Their Investment
Dec 06Shareholder Returns
| MORG | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 1.4% | -0.8% | -2.6% |
| 1Y | 15.1% | 11.6% | -0.2% |
Return vs Industry: MORG exceeded the Norwegian Banks industry which returned 11.6% over the past year.
Return vs Market: MORG exceeded the Norwegian Market which returned -0.2% over the past year.
Price Volatility
| MORG volatility | |
|---|---|
| MORG Average Weekly Movement | 2.9% |
| Banks Industry Average Movement | 2.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
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 (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1843 | 419 | Trond Nydal | www.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
| MORG fundamental statistics | |
|---|---|
| Market cap | NOK 4.55b |
| Earnings (TTM) | NOK 554.00m |
| Revenue (TTM) | NOK 2.51b |
8.3x
P/E Ratio0.5x
P/B RatioIs MORG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MORG income statement (TTM) | |
|---|---|
| Revenue | NOK 2.51b |
| Cost of Revenue | NOK 7.00m |
| Gross Profit | NOK 2.50b |
| Other Expenses | NOK 1.95b |
| Earnings | NOK 554.00m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 30, 2025
| Earnings per share (EPS) | 11.25 |
| Gross Margin | 99.72% |
| Net Profit Margin | 22.09% |
| Debt/Equity Ratio | 533.7% |
How did MORG perform over the long term?
See historical performance and comparisonDividends
8.0%
Current Dividend Yield67%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Sparebanken Møre is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jan Gjerland | ABG Sundal Collier |
| Fridtjof Berents | Arctic Securities ASA |
| Geir Kristiansen | Beringer Finance AB |