ROMSB Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Romsdal Sparebank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr110.00 |
| 52 Week High | kr138.00 |
| 52 Week Low | kr108.02 |
| Beta | -0.028 |
| 1 Month Change | -2.65% |
| 3 Month Change | -6.78% |
| 1 Year Change | -18.52% |
| 3 Year Change | -6.78% |
| 5 Year Change | n/a |
| Change since IPO | 0% |
Recent News & Updates
Shareholder Returns
| ROMSB | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 0.5% | -2.3% | -1.7% |
| 1Y | -18.5% | 5.7% | 1.8% |
Return vs Industry: ROMSB underperformed the Norwegian Banks industry which returned 5.7% over the past year.
Return vs Market: ROMSB underperformed the Norwegian Market which returned 1.8% over the past year.
Price Volatility
| ROMSB volatility | |
|---|---|
| ROMSB Average Weekly Movement | 3.2% |
| Banks Industry Average Movement | 2.9% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: ROMSB has not had significant price volatility in the past 3 months.
Volatility Over Time: ROMSB's weekly volatility (3%) 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 | kr216.12m |
| Earnings (TTM) | kr16.99m |
| Revenue (TTM) | kr195.74m |
12.7x
P/E Ratio0.2x
P/B RatioIs ROMSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ROMSB income statement (TTM) | |
|---|---|
| Revenue | kr195.74m |
| Cost of Revenue | kr0 |
| Gross Profit | kr195.74m |
| Other Expenses | kr178.75m |
| Earnings | kr16.99m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.65 |
| Gross Margin | 100.00% |
| Net Profit Margin | 8.68% |
| Debt/Equity Ratio | 136.9% |
How did ROMSB perform over the long term?
See historical performance and comparison