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Romerike Sparebank OB:ROMER Stock Report

Last Price

NOK 125.78

Market Cap

NOK 356.7m

7D

-0.6%

1Y

10.3%

Updated

20 Nov, 2024

Data

Company Financials +

Romerike Sparebank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Romerike Sparebank
Historical stock prices
Current Share PriceNOK 125.78
52 Week HighNOK 130.00
52 Week LowNOK 111.00
Beta0.20
11 Month Change1.44%
3 Month Change3.93%
1 Year Change10.33%
33 Year Change-32.01%
5 Year Change5.70%
Change since IPO16.46%

Recent News & Updates

Downgrade: What You Need To Know About The Latest Romerike Sparebank (OB:ROMER) Forecasts

Nov 15
Downgrade: What You Need To Know About The Latest Romerike Sparebank (OB:ROMER) Forecasts

Recent updates

Downgrade: What You Need To Know About The Latest Romerike Sparebank (OB:ROMER) Forecasts

Nov 15
Downgrade: What You Need To Know About The Latest Romerike Sparebank (OB:ROMER) Forecasts

Romerike Sparebank (OB:ROMER) Has Announced That It Will Be Increasing Its Dividend To kr8.40

Feb 17
Romerike Sparebank (OB:ROMER) Has Announced That It Will Be Increasing Its Dividend To kr8.40

Why Lillestrøm Sparebank (OB:LSTSB) Is A Top Dividend Stock

Jan 06
Why Lillestrøm Sparebank (OB:LSTSB) Is A Top Dividend Stock

Shareholder Returns

ROMERNO BanksNO Market
7D-0.6%0.8%3.1%
1Y10.3%15.8%3.9%

Return vs Industry: ROMER underperformed the Norwegian Banks industry which returned 15.6% over the past year.

Return vs Market: ROMER exceeded the Norwegian Market which returned 2.5% over the past year.

Price Volatility

Is ROMER's price volatile compared to industry and market?
ROMER volatility
ROMER Average Weekly Movement2.4%
Banks Industry Average Movement2.7%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

Stable Share Price: ROMER has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: ROMER's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188774Siri Berggreenwww.rsbank.no

Romerike Sparebank provides various banking products and services for private and business customers. It offers accounts; savings and pensions products; and insurance products, such as children, auto, death fall, health, buildings, holiday home, property, income, critical health, disability, liability, operational agriculture, landlord, cyber, customer's, craft, collective accident, commercial, taxi, trailer, personal, travel, poultry, home, and occupational injuries insurance products. The company also provides construction, corporate, and car loans, as well as mortgages, loans to other vehicles, and small loans and refinancing products.

Romerike Sparebank Fundamentals Summary

How do Romerike Sparebank's earnings and revenue compare to its market cap?
ROMER fundamental statistics
Market capNOK 356.75m
Earnings (TTM)NOK 58.43m
Revenue (TTM)NOK 437.96m

6.1x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ROMER income statement (TTM)
RevenueNOK 437.96m
Cost of RevenueNOK 0
Gross ProfitNOK 437.96m
Other ExpensesNOK 379.53m
EarningsNOK 58.43m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)20.60
Gross Margin100.00%
Net Profit Margin13.34%
Debt/Equity Ratio199.6%

How did ROMER perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

52%

Payout Ratio