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Pareto Bank OB:PARB Stock Report

Last Price

kr59.70

Market Cap

kr4.6b

7D

1.4%

1Y

18.0%

Updated

31 May, 2024

Data

Company Financials +

Pareto Bank ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pareto Bank
Historical stock prices
Current Share Pricekr59.70
52 Week Highkr61.00
52 Week Lowkr48.55
Beta0.84
1 Month Change2.93%
3 Month Change7.76%
1 Year Change17.98%
3 Year Change10.56%
5 Year Change57.52%
Change since IPO184.29%

Recent News & Updates

Recent updates

Does Pareto Bank (OB:PARB) Deserve A Spot On Your Watchlist?

Apr 07
Does Pareto Bank (OB:PARB) Deserve A Spot On Your Watchlist?

Do Pareto Bank's (OB:PARB) Earnings Warrant Your Attention?

Jun 10
Do Pareto Bank's (OB:PARB) Earnings Warrant Your Attention?

Shareholders Will Probably Not Have Any Issues With Pareto Bank ASA's (OB:PARB) CEO Compensation

Mar 18
Shareholders Will Probably Not Have Any Issues With Pareto Bank ASA's (OB:PARB) CEO Compensation

Read This Before Selling Pareto Bank ASA (OB:PARB) Shares

Mar 17
Read This Before Selling Pareto Bank ASA (OB:PARB) Shares

Why Pareto Bank's (OB:PARB) CEO Pay Matters

Feb 24
Why Pareto Bank's (OB:PARB) CEO Pay Matters

Here's Why We Think Pareto Bank (OB:PARB) Is Well Worth Watching

Feb 03
Here's Why We Think Pareto Bank (OB:PARB) Is Well Worth Watching

Pareto Bank (OB:PARB) Has Compensated Shareholders With A Respectable 81% Return On Their Investment

Jan 13
Pareto Bank (OB:PARB) Has Compensated Shareholders With A Respectable 81% Return On Their Investment

What Percentage Of Pareto Bank ASA (OB:PARB) Shares Do Insiders Own?

Dec 17
What Percentage Of Pareto Bank ASA (OB:PARB) Shares Do Insiders Own?

How Does Pareto Bank ASA (OB:PARB) Stand Up To These Simple Dividend Safety Checks?

Nov 30
How Does Pareto Bank ASA (OB:PARB) Stand Up To These Simple Dividend Safety Checks?

Shareholder Returns

PARBNO BanksNO Market
7D1.4%0.3%0.6%
1Y18.0%9.5%8.9%

Return vs Industry: PARB exceeded the Norwegian Banks industry which returned 9.1% over the past year.

Return vs Market: PARB exceeded the Norwegian Market which returned 8% over the past year.

Price Volatility

Is PARB's price volatile compared to industry and market?
PARB volatility
PARB Average Weekly Movement3.5%
Banks Industry Average Movement3.1%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market3.0%

Stable Share Price: PARB has not had significant price volatility in the past 3 months.

Volatility Over Time: PARB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200764Tiril Villumwww.paretobank.no

Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans.

Pareto Bank ASA Fundamentals Summary

How do Pareto Bank's earnings and revenue compare to its market cap?
PARB fundamental statistics
Market capkr4.58b
Earnings (TTM)kr650.72m
Revenue (TTM)kr1.06b

7.0x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PARB income statement (TTM)
Revenuekr1.06b
Cost of Revenuekr0
Gross Profitkr1.06b
Other Expenseskr410.68m
Earningskr650.72m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 19, 2024

Earnings per share (EPS)8.47
Gross Margin100.00%
Net Profit Margin61.31%
Debt/Equity Ratio161.2%

How did PARB perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

50%

Payout Ratio
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