RING Stock Overview
A regional savings bank, provides various banking products and services to private and corporate customers in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for RING from our risk checks.
SpareBank 1 Ringerike Hadeland Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 296.95 |
| 52 Week High | NOK 310.00 |
| 52 Week Low | NOK 278.00 |
| Beta | 0.22 |
| 11 Month Change | -2.64% |
| 3 Month Change | 2.04% |
| 1 Year Change | -0.35% |
| 33 Year Change | -1.67% |
| 5 Year Change | 42.76% |
| Change since IPO | 112.11% |
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 | -1.8% | -0.7% | 0.2% |
| 1Y | -0.4% | 2.6% | -0.5% |
Return vs Industry: RING underperformed the Norwegian Banks industry which returned 3.9% over the past year.
Return vs Market: RING underperformed the Norwegian Market which returned 1.4% over the past year.
Price Volatility
| RING volatility | |
|---|---|
| RING Average Weekly Movement | 1.8% |
| Banks Industry Average Movement | 2.8% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 11.3% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: RING has not had significant price volatility in the past 3 months.
Volatility Over Time: RING's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1833 | 263 | Bjorn Rindal | www.sparebank1.no/ringerike-hadeland |
SpareBank 1 Ringerike Hadeland, a regional savings bank, 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 business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products.
SpareBank 1 Ringerike Hadeland Fundamentals Summary
| RING fundamental statistics | |
|---|---|
| Market cap | NOK 4.65b |
| Earnings (TTM) | NOK 508.60m |
| Revenue (TTM) | NOK 1.16b |
9.1x
P/E Ratio1.0x
P/B RatioIs RING overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RING income statement (TTM) | |
|---|---|
| Revenue | NOK 1.16b |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 1.16b |
| Other Expenses | NOK 653.40m |
| Earnings | NOK 508.60m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 32.50 |
| Gross Margin | 100.00% |
| Net Profit Margin | 43.77% |
| Debt/Equity Ratio | 111.2% |
How did RING perform over the long term?
See historical performance and comparison