Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. More Details
Average dividend payer and fair value.
Share Price & News
How has Sandnes Sparebank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SADG is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SADG's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SADG exceeded the Norwegian Banks industry which returned 5.7% over the past year.
Return vs Market: SADG underperformed the Norwegian Market which returned 15.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sandnes Sparebank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShould Sandnes Sparebank (OB:SADG) Be Part Of Your Income Portfolio?
2 months ago | Simply Wall StHave Insiders Been Buying Sandnes Sparebank (OB:SADG) Shares?
3 months ago | Simply Wall StShareholders Of Sandnes Sparebank (OB:SADG) Must Be Happy With Their 49% Return
Is Sandnes Sparebank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SADG (NOK76.2) is trading above our estimate of fair value (NOK65.35)
Significantly Below Fair Value: SADG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SADG is good value based on its PE Ratio (9.4x) compared to the NO Banks industry average (10.4x).
PE vs Market: SADG is good value based on its PE Ratio (9.4x) compared to the Norwegian market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: SADG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: SADG's PB Ratio (0.5x) is in line with the NO Banks industry average.
How is Sandnes Sparebank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SADG's forecast earnings growth (11.3% per year) is above the savings rate (1.4%).
Earnings vs Market: SADG's earnings (11.3% per year) are forecast to grow slower than the Norwegian market (26.5% per year).
High Growth Earnings: SADG's earnings are forecast to grow, but not significantly.
Revenue vs Market: SADG's revenue (2.5% per year) is forecast to grow slower than the Norwegian market (7.5% per year).
High Growth Revenue: SADG's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SADG's Return on Equity is forecast to be low in 3 years time (9.5%).
How has Sandnes Sparebank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SADG has high quality earnings.
Growing Profit Margin: SADG's current net profit margins (29.1%) are lower than last year (30.4%).
Past Earnings Growth Analysis
Earnings Trend: SADG's earnings have grown significantly by 30.8% per year over the past 5 years.
Accelerating Growth: SADG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SADG had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Banks industry average (-2.7%).
Return on Equity
High ROE: SADG's Return on Equity (9.3%) is considered low.
How is Sandnes Sparebank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SADG's Assets to Equity ratio (10.1x) is moderate.
Allowance for Bad Loans: SADG has a low allowance for bad loans (97%).
Low Risk Liabilities: 55% of SADG's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SADG has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: SADG's Loans to Deposits ratio (202%) is high.
Level of Bad Loans: SADG has an appropriate level of bad loans (0.6%).
What is Sandnes Sparebank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SADG's dividend (6.56%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.87%).
High Dividend: SADG's dividend (6.56%) is in the top 25% of dividend payers in the Norwegian market (5.33%)
Stability and Growth of Payments
Stable Dividend: SADG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SADG's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.9%), SADG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SADG's dividends in 3 years are forecast to be covered by earnings (52.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Trine Karin Stangeland (47 yo)
Ms. Trine Karin Lise Stangeland serves as Managing Director of Sandnes Sparebank. She is currently the CEO of Lyse Dialog AS. Ms. Stangeland serve as Deputy Chairman of the Board at Eika Gruppen AS and ser...
|MD & CEO||3.92yrs||kr2.93m||0.079% |
|CFO & Deputy MD||3.83yrs||kr2.04m||0.11% |
|Director of Communications||no data||kr1.63m||0.037% |
|HR Director||1.08yrs||no data||no data|
|Chief Risk Officer and Director of Risk Management||no data||kr1.19m||no data|
Experienced Management: SADG's management team is considered experienced (3.8 years average tenure).
|Deputy Chairman of the Board of Trustees||no data||no data||no data|
|no data||no data||no data|
|Chairman of the Board||5.83yrs||kr290.00k||7.49% |
|no data||no data||no data|
|Chairman of the Board of Trustees||no data||no data||no data|
|no data||no data||no data|
|Deputy Chairman of the Board||5.83yrs||kr263.00k||0.049% |
|Employee Representative Director||5.83yrs||kr145.00k||0.012% |
|Employee Representative Trustee & Director||1.08yrs||no data||no data|
|Director||1.08yrs||no data||no data|
Experienced Board: SADG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sandnes Sparebank's company bio, employee growth, exchange listings and data sources
- Name: Sandnes Sparebank
- Ticker: SADG
- Exchange: OB
- Founded: 1875
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr1.610b
- Shares outstanding: 20.91m
- Website: https://www.sandnes-sparebank.no
Number of Employees
- Sandnes Sparebank
- Rådhusgata 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SADG||OB (Oslo Bors)||Yes||Equity Capital Certificates||NO||NOK||Oct 1995|
|0FWN||LSE (London Stock Exchange)||Yes||Equity Capital Certificates||GB||NOK||Oct 1995|
|SADGO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Equity Capital Certificates||GB||NOK||Oct 1995|
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. The company operates through three segments: Retail Market, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/02/26 17:22|
|End of Day Share Price||2021/02/26 00:00|
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.