ROMSB Stock Overview
Operates as a savings bank that provides various financial products and services to retail and corporate customers primarily in Romsdal and southern parts of Nordmøre. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
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Romsdal Sparebank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 125.38 |
| 52 Week High | NOK 125.38 |
| 52 Week Low | NOK 106.20 |
| Beta | -0.045 |
| 1 Month Change | 3.62% |
| 3 Month Change | 8.18% |
| 1 Year Change | 5.36% |
| 3 Year Change | -2.05% |
| 5 Year Change | n/a |
| Change since IPO | 13.98% |
Recent News & Updates
Shareholder Returns
| ROMSB | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 0.7% | 1.0% | 1.5% |
| 1Y | 5.4% | 9.5% | 0.5% |
Return vs Industry: ROMSB underperformed the Norwegian Banks industry which returned 9.4% over the past year.
Return vs Market: ROMSB exceeded the Norwegian Market which returned 0.3% over the past year.
Price Volatility
| ROMSB volatility | |
|---|---|
| ROMSB Average Weekly Movement | 1.9% |
| Banks Industry Average Movement | 2.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 11.2% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: ROMSB has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: ROMSB's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1883 | 51 | Odd Sorgaard | romsdalsbanken.no |
Romsdal Sparebank operates as a savings bank that provides various financial products and services to retail and corporate customers primarily in Romsdal and southern parts of Nordmøre. Its personal banking products and services include BSU and other savings accounts, fund savings plans, and retirement savings plans; bank cards and payment solutions; and mortgages, car and other vehicle loans, and small loans and refinancing. The company’s business banking products and services comprise group accounts, as well as accounts for daily operations; financing solutions, such as bank guarantees, construction loans, overdrafts, leasing, and business loans, as well as factoring and invoice sales; and savings and pension plans.
Romsdal Sparebank Fundamentals Summary
| ROMSB fundamental statistics | |
|---|---|
| Market cap | NOK 349.45m |
| Earnings (TTM) | NOK 23.22m |
| Revenue (TTM) | NOK 211.00m |
15.0x
P/E Ratio0.3x
P/B RatioIs ROMSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ROMSB income statement (TTM) | |
|---|---|
| Revenue | NOK 211.00m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 211.00m |
| Other Expenses | NOK 187.78m |
| Earnings | NOK 23.22m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.33 |
| Gross Margin | 100.00% |
| Net Profit Margin | 11.01% |
| Debt/Equity Ratio | 125.2% |
How did ROMSB perform over the long term?
See historical performance and comparisonDividends
6.1%
Current Dividend Yield92%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:22 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 .
Analyst Sources
Romsdal Sparebank is covered by 2 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.
| Analyst | Institution |
|---|---|
| Žilvinas Jusaitis | Norne Securities AS |
| Ignas Lekštys | Norne Securities AS |