Sparebanken Møre

OB:MORG Stock Report

Market Cap: NOK 4.6b

Sparebanken Møre Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Trond Nydal

Chief executive officer

NOK 3.6m

Total compensation

CEO salary percentage85.2%
CEO tenure7.7yrs
CEO ownershipn/a
Management average tenure7.2yrs
Board average tenure2.9yrs

Recent management 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

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

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

CEO Compensation Analysis

How has Trond Nydal's remuneration changed compared to Sparebanken Møre's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 554m

Jun 30 2024n/an/a

NOK 541m

Mar 31 2024n/an/a

NOK 523m

Dec 31 2023NOK 4mNOK 3m

NOK 500m

Sep 30 2023n/an/a

NOK 453m

Jun 30 2023n/an/a

NOK 424m

Mar 31 2023n/an/a

NOK 391m

Dec 31 2022NOK 3mNOK 3m

NOK 371m

Sep 30 2022n/an/a

NOK 330m

Jun 30 2022n/an/a

NOK 324m

Mar 31 2022n/an/a

NOK 304m

Dec 31 2021NOK 3mNOK 3m

NOK 308m

Sep 30 2021n/an/a

NOK 304m

Jun 30 2021n/an/a

NOK 294m

Mar 31 2021n/an/a

NOK 296m

Dec 31 2020NOK 3mNOK 3m

NOK 268m

Sep 30 2020n/an/a

NOK 287m

Jun 30 2020n/an/a

NOK 299m

Mar 31 2020n/an/a

NOK 316m

Dec 31 2019NOK 3mNOK 3m

NOK 341m

Sep 30 2019n/an/a

NOK 319m

Jun 30 2019n/an/a

NOK 306m

Mar 31 2019n/an/a

NOK 304m

Dec 31 2018NOK 3mNOK 3m

NOK 293m

Sep 30 2018n/an/a

NOK 303m

Jun 30 2018n/an/a

NOK 297m

Mar 31 2018n/an/a

NOK 276m

Dec 31 2017NOK 2mNOK 2m

NOK 273m

Compensation vs Market: Trond's total compensation ($USD315.01K) is below average for companies of similar size in the Norwegian market ($USD470.91K).

Compensation vs Earnings: Trond's compensation has been consistent with company performance over the past year.

CEO

Trond Nydal (54 yo)

7.7yrs

Tenure

NOK 3,579,000

Compensation

Mr. Trond Lars Nydal is Chief Executive Officer of Sparebanken Møre from April 01, 2017. Mr. Nydal joined the Sparebanken Møre in 1997. He serves as an Executive Vice President of Retail Banking Division a...

Leadership Team

NamePositionTenureCompensationOwnership
Trond Nydal
Chief Executive Officer7.7yrsNOK 3.58mno data
John Winsnes
Chief Financial Officer3.1yrsNOK 2.19mno data
Erik Rokke
Head of Risk Management & Compliance Sectionno dataNOK 1.67mno data
Terje Krovel
Executive Vice President of Corporate Banking Division7.2yrsNOK 2.18mno data
Kjetil Hauge
Head of the Organization & Group Support Section7.2yrsNOK 1.66mno data
Marie Hide
Employees Elected Representative Directorno dataNOK 196.00kno data
Elisabeth Blomvik
Head of the Personal Market Division7.4yrsNOK 1.87mno data
Leif Kylling
Head of Risk Managementno dataNOK 1.28mno data
Laila Hurlen
Head of Operational Riskno dataNOK 1.10mno data
Ove Skjeret
Head of Business Development Section2.2yrsNOK 1.48mno data
Ole Kjerstad
CEO & MD of More Boligkreditt AS14.4yrsNOK 1.32mno data
Karen Synnes
Head of Administrationno datano datano data

7.2yrs

Average Tenure

53.5yo

Average Age

Experienced Management: MORG's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marie Hide
Employees Elected Representative Director7.8yrsNOK 196.00kno data
Leif-Arne Langoy
Trusteeless than a yearNOK 124.00kno data
Roy Reite
Chairman of the board1.9yrsNOK 373.00kno data
Jill Aasen
Director6.9yrsNOK 265.00kno data
Tormod Hvattum
Chairman of Parent Bankno datano datano data
Ann Magritt Vikebakk
Trustee2.9yrsNOK 15.00kno data
Jan Aurdal
Chairman of Trustee10.9yrsNOK 54.00kno data
Birgit Midtbust
Director1.9yrsNOK 175.00kno data
Kare Vassdal
Director4.7yrsNOK 290.00kno data
Bjorn Folstad
Director2.7yrsNOK 190.00kno data
Therese Langset
Director3.9yrsNOK 203.00kno data
Terje Boe
Director1.9yrsNOK 151.00kno data

2.9yrs

Average Tenure

50yo

Average Age

Experienced Board: MORG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 18:07
End of Day Share Price 2024/12/19 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

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.

AnalystInstitution
Jan GjerlandABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB