SpareBank 1 Ringerike Hadeland

OB:RING Stock Report

Market Cap: NOK 5.9b

SpareBank 1 Ringerike Hadeland Management

Management criteria checks 3/4

SpareBank 1 Ringerike Hadeland's CEO is Bjoern Rindal, appointed in Oct 2022, has a tenure of 2.58 years. total yearly compensation is NOK3.14M, comprised of 83.5% salary and 16.5% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth NOK6.77M. The average tenure of the management team and the board of directors is 3.9 years and 6.7 years respectively.

Key information

Bjoern Rindal

Chief executive officer

NOK 3.1m

Total compensation

CEO salary percentage83.50%
CEO tenure2.6yrs
CEO ownership0.1%
Management average tenure3.9yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

News Flash: Analysts Just Made A Meaningful Upgrade To Their SpareBank 1 Ringerike Hadeland (OB:RING) Forecasts

Feb 22
News Flash: Analysts Just Made A Meaningful Upgrade To Their SpareBank 1 Ringerike Hadeland (OB:RING) Forecasts

SpareBank 1 Ringerike Hadeland's (OB:RING) Dividend Is Being Reduced To NOK13.10

Feb 17
SpareBank 1 Ringerike Hadeland's (OB:RING) Dividend Is Being Reduced To NOK13.10

Is Now The Time To Put SpareBank 1 Ringerike Hadeland (OB:RING) On Your Watchlist?

Nov 04
Is Now The Time To Put SpareBank 1 Ringerike Hadeland (OB:RING) On Your Watchlist?

SpareBank 1 Ringerike Hadeland Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

Aug 18
SpareBank 1 Ringerike Hadeland Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

How Does SpareBank 1 Ringerike Hadeland (OB:RING) Fare As A Dividend Stock?

Apr 21
How Does SpareBank 1 Ringerike Hadeland (OB:RING) Fare As A Dividend Stock?

CEO Compensation Analysis

How has Bjoern Rindal's remuneration changed compared to SpareBank 1 Ringerike Hadeland's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

NOK 686m

Sep 30 2024n/an/a

NOK 619m

Jun 30 2024n/an/a

NOK 509m

Mar 31 2024n/an/a

NOK 476m

Dec 31 2023NOK 3mNOK 3m

NOK 450m

Sep 30 2023n/an/a

NOK 488m

Jun 30 2023n/an/a

NOK 439m

Mar 31 2023n/an/a

NOK 430m

Dec 31 2022NOK 2mNOK 2m

NOK 410m

Sep 30 2022n/an/a

NOK 383m

Jun 30 2022n/an/a

NOK 396m

Mar 31 2022n/an/a

NOK 426m

Dec 31 2021NOK 1mNOK 1m

NOK 434m

Sep 30 2021n/an/a

NOK 423m

Jun 30 2021n/an/a

NOK 422m

Mar 31 2021n/an/a

NOK 384m

Dec 31 2020NOK 2mNOK 1m

NOK 357m

Sep 30 2020n/an/a

NOK 338m

Jun 30 2020n/an/a

NOK 319m

Mar 31 2020n/an/a

NOK 317m

Dec 31 2019NOK 2mNOK 1m

NOK 415m

Sep 30 2019n/an/a

NOK 410m

Jun 30 2019n/an/a

NOK 412m

Mar 31 2019n/an/a

NOK 413m

Dec 31 2018NOK 1mNOK 1m

NOK 330m

Compensation vs Market: Bjoern's total compensation ($USD307.75K) is below average for companies of similar size in the Norwegian market ($USD613.67K).

Compensation vs Earnings: Bjoern's compensation has increased by more than 20% in the past year.

CEO

Bjoern Rindal (49 yo)

2.6yrs
Tenure
NOK 3,139,000
Compensation

Mr. Bjørn Rune Rindal is Director of SpareBank 1 Boligkreditt AS since April 2024. Mr. Rindal serves as Director at SpareBank 1 Næringskreditt AS from April 2024. He has been the Chief Executive Officer at...

Leadership Team

NamePositionTenureCompensationOwnership
Bjoern Rindal
Chief Executive Officer2.6yrsNOK 3.14m0.12%
NOK 6.8m
Joergen Ruud
Bank Manager of Economics & Finance4.3yrsNOK 1.71mno data
Ida Vik
Bank Manager of Risk Management & Compliance3.5yrsNOK 1.25mno data
Bjoern Blaker
Bank Manager of Marketing & Communications5.8yrsNOK 1.36mno data
Torbjoern Kjerstadmo
Bank Manager of Personal Market5.8yrsNOK 1.50mno data
Marthe Westlie
Bank Manager of Organization & Developmentno dataNOK 1.36mno data
Inger Holm
Secretaryno datano datano data
Lars Refsahl
Bank Manager of Corporate Market2.5yrsno datano data
3.9yrs
Average Tenure
47yo
Average Age

Experienced Management: RING's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Olav Fjell
Chairman of the Board6.2yrsNOK 461.00kno data
Wenche Ravlo
Deputy Chairman7.2yrsNOK 219.00kno data
Terje Mjoes
Director1.1yrsno datano data
Jens Staff
Directorless than a yearno datano data
Jane Gravbraten
Director7.3yrsNOK 219.00kno data
Liv Kildal
Employee Representative Director13.2yrsNOK 154.00kno data
Kari-Anne Joennes
Chairman of Supervisory Boardno datano datano data
Frederik Skarstein
Member of Supervisory Boardno dataNOK 2.00kno data
Tor Eid
Member of Supervisory Boardno datano datano data
Finn Martinsen
Member of Supervisory Board15.3yrsno datano data
Espen Gundersen
Employee Representative Director3.2yrsNOK 155.00kno data
Steinar Aasnæss
Deputy Chairman of Supervisory Boardno datano datano data
6.7yrs
Average Tenure
59yo
Average Age

Experienced Board: RING's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 15:01
End of Day Share Price 2025/05/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

SpareBank 1 Ringerike Hadeland is covered by 6 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.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Christian BernerBeringer Finance AB
Geir KristiansenBeringer Finance AB