RING Stock Overview
A financial institution, provides various banking products and services to private and corporate customers in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
SpareBank 1 Ringerike Hadeland Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 325.00 |
| 52 Week High | NOK 329.00 |
| 52 Week Low | NOK 278.00 |
| Beta | 0.18 |
| 1 Month Change | 0% |
| 3 Month Change | 9.24% |
| 1 Year Change | 5.52% |
| 3 Year Change | 0.31% |
| 5 Year Change | 46.40% |
| Change since IPO | 132.14% |
Recent News & Updates
Recent updates
News Flash: Analysts Just Made A Meaningful Upgrade To Their SpareBank 1 Ringerike Hadeland (OB:RING) Forecasts
Feb 22
SpareBank 1 Ringerike Hadeland's (OB:RING) Dividend Is Being Reduced To NOK13.10
Feb 17Is Now The Time To Put SpareBank 1 Ringerike Hadeland (OB:RING) On Your Watchlist?
Nov 04SpareBank 1 Ringerike Hadeland Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Aug 18How Does SpareBank 1 Ringerike Hadeland (OB:RING) Fare As A Dividend Stock?
Apr 21Shareholder Returns
| RING | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 1.2% | 0.4% | -2.3% |
| 1Y | 5.5% | 12.1% | -0.1% |
Return vs Industry: RING underperformed the Norwegian Banks industry which returned 12.1% over the past year.
Return vs Market: RING exceeded the Norwegian Market which returned -0.1% over the past year.
Price Volatility
| RING volatility | |
|---|---|
| RING Average Weekly Movement | 1.8% |
| 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: RING has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: RING's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1833 | 266 | Bjorn Rindal | www.sparebank1.no/ringerike-hadeland |
SpareBank 1 Ringerike Hadeland, a financial institution, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides car, consumer, vehicle, transferring, business, and construction loans, as well as mortgage and refinancing loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; car, home, personal, pet, vehicle and machinery, travel, employee, farm and agricultural, and other insurance products; pension products; and savings and investment products.
SpareBank 1 Ringerike Hadeland Fundamentals Summary
| RING fundamental statistics | |
|---|---|
| Market cap | NOK 5.09b |
| Earnings (TTM) | NOK 618.60m |
| Revenue (TTM) | NOK 1.32b |
8.2x
P/E Ratio1.0x
P/B RatioIs RING overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RING income statement (TTM) | |
|---|---|
| Revenue | NOK 1.32b |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 1.32b |
| Other Expenses | NOK 701.28m |
| Earnings | NOK 618.60m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 39.53 |
| Gross Margin | 100.00% |
| Net Profit Margin | 46.87% |
| Debt/Equity Ratio | 102.6% |
How did RING perform over the long term?
See historical performance and comparisonDividends
6.2%
Current Dividend Yield51%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 19:32 |
| End of Day Share Price | 2024/12/18 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 |
| |
| 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
SpareBank 1 Ringerike Hadeland is covered by 7 analysts. 2 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 |
|---|---|
| Fridtjof Berents | Arctic Securities ASA |
| Christian Berner | Beringer Finance AB |
| Geir Kristiansen | Beringer Finance AB |