company background image
ROMER logo

Romerike Sparebank OB:ROMER Stock Report

Last Price

kr117.00

Market Cap

kr331.8m

7D

-0.8%

1Y

-1.7%

Updated

22 Apr, 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 Pricekr117.00
52 Week Highkr130.00
52 Week Lowkr111.00
Beta0.20
1 Month Change-3.31%
3 Month Change-2.50%
1 Year Change-1.68%
3 Year Change-22.00%
5 Year Change9.35%
Change since IPO8.33%

Recent News & Updates

Recent updates

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%-2.3%-1.7%
1Y-1.7%5.7%1.8%

Return vs Industry: ROMER underperformed the Norwegian Banks industry which returned 5.7% over the past year.

Return vs Market: ROMER underperformed the Norwegian Market which returned 1.8% over the past year.

Price Volatility

Is ROMER's price volatile compared to industry and market?
ROMER volatility
ROMER Average Weekly Movement3.5%
Banks Industry Average Movement2.9%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.9%

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

Volatility Over Time: ROMER's weekly volatility (4%) 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 capkr331.84m
Earnings (TTM)kr29.02m
Revenue (TTM)kr400.45m

11.4x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ROMER income statement (TTM)
Revenuekr400.45m
Cost of Revenuekr0
Gross Profitkr400.45m
Other Expenseskr371.43m
Earningskr29.02m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)10.23
Gross Margin100.00%
Net Profit Margin7.25%
Debt/Equity Ratio197.9%

How did ROMER perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

93%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.