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Romsdal Sparebank OB:ROMSB Stock Report

Last Price

NOK 126.80

Market Cap

NOK 353.4m

7D

2.7%

1Y

7.5%

Updated

15 Feb, 2025

Data

Company Financials +

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Romsdal Sparebank Competitors

Price History & Performance

Summary of share price highs, lows and changes for Romsdal Sparebank
Historical stock prices
Current Share PriceNOK 126.80
52 Week HighNOK 126.80
52 Week LowNOK 106.20
Beta-0.059
1 Month Change1.46%
3 Month Change2.26%
1 Year Change7.46%
3 Year Change-10.07%
5 Year Changen/a
Change since IPO15.27%

Recent News & Updates

Recent updates

Is Romsdal Sparebank (OB:ROMSB) A Strong Dividend Stock?

Apr 08
Is Romsdal Sparebank (OB:ROMSB) A Strong Dividend Stock?

Shareholder Returns

ROMSBNO BanksNO Market
7D2.7%-0.6%-0.3%
1Y7.5%18.8%8.6%

Return vs Industry: ROMSB underperformed the Norwegian Banks industry which returned 18.7% over the past year.

Return vs Market: ROMSB underperformed the Norwegian Market which returned 8.6% over the past year.

Price Volatility

Is ROMSB's price volatile compared to industry and market?
ROMSB volatility
ROMSB Average Weekly Movement2.6%
Banks Industry Average Movement2.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market12.0%
10% least volatile stocks in NO Market2.7%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188351Odd Sorgaardromsdalsbanken.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

How do Romsdal Sparebank's earnings and revenue compare to its market cap?
ROMSB fundamental statistics
Market capNOK 353.41m
Earnings (TTM)NOK 79.84m
Revenue (TTM)NOK 218.88m

4.4x

P/E Ratio

0.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ROMSB income statement (TTM)
RevenueNOK 218.88m
Cost of RevenueNOK 0
Gross ProfitNOK 218.88m
Other ExpensesNOK 139.05m
EarningsNOK 79.84m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)28.64
Gross Margin100.00%
Net Profit Margin36.47%
Debt/Equity Ratio117.0%

How did ROMSB perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

92%

Payout Ratio

Does ROMSB pay a reliable dividends?

See ROMSB dividend history and benchmarks
When do you need to buy ROMSB by to receive an upcoming dividend?
Romsdal Sparebank dividend dates
Ex Dividend DateMar 27 2025
Dividend Pay DateApr 08 2025
Days until Ex dividend39 days
Days until Dividend pay date51 days

Does ROMSB pay a reliable dividends?

See ROMSB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 07:39
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Romsdal 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