How has SpareBank 1 Nord-Norge performed over the past 5 years?
12.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NONG has high quality earnings.
Growing Profit Margin: NONG's current net profit margins (21.2%) are lower than last year (22.9%).
Past Earnings Growth Analysis
Earnings Trend: NONG's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: NONG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NONG had negative earnings growth (-16%) over the past year, making it difficult to compare to the Banks industry average (-2.7%).
Return on Equity
High ROE: NONG's Return on Equity (11.6%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Liv Ulriksen
1.08yrs
Tenure
kr2,271,000
Compensation
Ms. Liv Bortne Ulriksen serves as Group Chief Executive Officer at SpareBank 1 Nord-Norge since May 12, 2020 and had been its Acting Chief Executive Officer since February 26, 2020 until May 12, 2020. She ...
CEO Compensation Analysis
Compensation vs Market: Liv's total compensation ($USD268.02K) is below average for companies of similar size in the Norwegian market ($USD594.23K).
Compensation vs Earnings: Liv's compensation has been consistent with company performance over the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Liv Ulriksen
Chief Executive Officer
1.08yrs
kr2.27m
no data
Bengt Olsen
Chief Financial Officer
1.92yrs
kr3.54m
0.045% NOK 3.6m
Geir Andreassen
Chief Technology Officer
3.33yrs
kr3.02m
no data
Nina Wihuri
Compliance Manager
no data
kr1.02m
no data
Ronni Pettersen
Chief Marketing Officer
1.17yrs
kr2.18m
no data
Turid Aspenes
Chief of Staff
1.17yrs
kr1.54m
0.0015% NOK 123.9k
Trude Glad
Executive Vice President of Corporate Banking
3.33yrs
kr2.49m
no data
Lasse Hagerupsen
Executive Vice President of Personal Banking
3.33yrs
kr1.90m
no data
Tom-Robin Solstad-Nøis
Director of SNN Markets
8.17yrs
kr2.04m
no data
Stein Loftås
Chief Communications Officer
no data
no data
no data
Rita Myrvang
GM & Supervisory Board Member
9yrs
no data
no data
Terje Nilsen
Chief Risk Officer
1.17yrs
no data
no data
1.9yrs
Average Tenure
Experienced Management: NONG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name
Position
Tenure
Compensation
Ownership
Rita Myrvang
GM & Supervisory Board Member
9yrs
no data
no data
Chris Martinsen
Head of Department & Supervisory Board Member
no data
no data
no data
Tor Oppheim
Head of Department & Supervisory Board Member
no data
no data
no data
Dagny Valaker
General Manager & Supervisory Board Member - Elected by Depositors
no data
no data
no data
Vivi-Ann Pedersen
Employee Representative Director
no data
kr526.00k
no data
Roar Dons
Chairman of Supervisory Board
no data
kr40.00k
no data
Kari Olsen Lind
Supervisory Board Vice Chairman
no data
no data
no data
Charlotte Ringkjøb
Supervisory Board Member
8.17yrs
no data
no data
Hans-Tore Bjerkaas
Deputy Chairman of the Board
no data
kr787.00k
no data
Karl Schjøtt-Pedersen
Chairman of the Board
no data
kr1.14m
no data
Kjersti Stormo
Director
no data
kr584.00k
no data
Kjetil Berntsen
Employee Representative Director
4.17yrs
kr420.00k
no data
8.2yrs
Average Tenure
61yo
Average Age
Experienced Board: NONG's board of directors are considered experienced (8.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SpareBank 1 Nord-Norge's company bio, employee growth, exchange listings and data sources
SpareBank 1 Nord-Norge provides financial products and services to personal customers, companies, and organizations in Northern Norway. The company offers various savings, lending, and insurance products, ...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/03/04 17:21
End of Day Share Price
2021/03/04 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
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.