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Romerike Sparebank OB:ROMER Stock Report

Last Price

NOK 126.96

Market Cap

NOK 360.1m

7D

-0.8%

1Y

6.7%

Updated

22 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Romerike Sparebank Competitors

Price History & Performance

Summary of share price highs, lows and changes for Romerike Sparebank
Historical stock prices
Current Share PriceNOK 126.96
52 Week HighNOK 132.50
52 Week LowNOK 116.62
Beta0.19
1 Month Change0.94%
3 Month Change3.22%
1 Year Change6.69%
3 Year Change-27.86%
5 Year Change5.80%
Change since IPO17.56%

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-0.8%-1.9%-2.8%
1Y6.7%10.4%-0.8%

Return vs Industry: ROMER underperformed the Norwegian Banks industry which returned 10.4% over the past year.

Return vs Market: ROMER exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is ROMER's price volatile compared to industry and market?
ROMER volatility
ROMER Average Weekly Movement2.3%
Banks Industry Average Movement2.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

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
188773Siri 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 360.09m
Earnings (TTM)NOK 58.43m
Revenue (TTM)NOK 437.96m

6.2x

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

7.5%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Romerike Sparebank is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ignas LekštysNorne Securities AS