SpareBank 1 Sør-Norge ASA

OB:SB1NO Stock Report

Market Cap: NOK 38.1b

SpareBank 1 Sør-Norge Management

Management criteria checks 1/4

SpareBank 1 Sør-Norge's CEO is Inge Reinertsen, appointed in Sep 2024, has a tenure of less than a year. directly owns 0.043% of the company’s shares, worth NOK16.52M. The average tenure of the management team and the board of directors is 3.2 years and 0.9 years respectively.

Key information

Inge Reinertsen

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.04%
Management average tenure3.2yrs
Board average tenureless than a year

Recent management updates

Recent updates

Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

Dec 10
Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

SpareBank 1 Sør-Norge ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 03
SpareBank 1 Sør-Norge ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

Aug 16
We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

SpareBank 1 SR-Bank ASA Just Missed EPS By 5.4%: Here's What Analysts Think Will Happen Next

Apr 28
SpareBank 1 SR-Bank ASA Just Missed EPS By 5.4%: Here's What Analysts Think Will Happen Next

SpareBank 1 SR-Bank's (OB:SRBNK) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 01
SpareBank 1 SR-Bank's (OB:SRBNK) Shareholders Will Receive A Bigger Dividend Than Last Year

We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

Mar 18
We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

SpareBank 1 SR-Bank ASA Just Recorded A 7.0% Revenue Beat: Here's What Analysts Think

Feb 11
SpareBank 1 SR-Bank ASA Just Recorded A 7.0% Revenue Beat: Here's What Analysts Think

Here's Why SpareBank 1 SR-Bank (OB:SRBNK) Has Caught The Eye Of Investors

Mar 27
Here's Why SpareBank 1 SR-Bank (OB:SRBNK) Has Caught The Eye Of Investors

SpareBank 1 SR-Bank ASA Just Beat EPS By 7.0%: Here's What Analysts Think Will Happen Next

Feb 15
SpareBank 1 SR-Bank ASA Just Beat EPS By 7.0%: Here's What Analysts Think Will Happen Next

Read This Before Buying SpareBank 1 SR-Bank ASA (OB:SRBNK) For Its Dividend

Mar 05
Read This Before Buying SpareBank 1 SR-Bank ASA (OB:SRBNK) For Its Dividend

Have Insiders Sold SpareBank 1 SR-Bank ASA (OB:SRBNK) Shares Recently?

Feb 07
Have Insiders Sold SpareBank 1 SR-Bank ASA (OB:SRBNK) Shares Recently?

What Type Of Shareholders Make Up SpareBank 1 SR-Bank ASA's (OB:SRBNK) Share Registry?

Jan 28
What Type Of Shareholders Make Up SpareBank 1 SR-Bank ASA's (OB:SRBNK) Share Registry?

Did You Participate In Any Of SpareBank 1 SR-Bank's (OB:SRBNK) Fantastic 172% Return ?

Dec 24
Did You Participate In Any Of SpareBank 1 SR-Bank's (OB:SRBNK) Fantastic 172% Return ?

Have Insiders Been Buying SpareBank 1 SR-Bank ASA (OB:SRBANK) Shares This Year?

Nov 18
Have Insiders Been Buying SpareBank 1 SR-Bank ASA (OB:SRBANK) Shares This Year?

CEO Compensation Analysis

How has Inge Reinertsen's remuneration changed compared to SpareBank 1 Sør-Norge's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 5b

Jun 30 2024n/an/a

NOK 5b

Mar 31 2024n/an/a

NOK 5b

Dec 31 2023n/an/a

NOK 4b

Sep 30 2023n/an/a

NOK 4b

Jun 30 2023n/an/a

NOK 4b

Mar 31 2023n/an/a

NOK 3b

Dec 31 2022n/an/a

NOK 3b

Sep 30 2022n/an/a

NOK 3b

Jun 30 2022n/an/a

NOK 3b

Mar 31 2022n/an/a

NOK 3b

Dec 31 2021NOK 4mNOK 2m

NOK 3b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 3b

Mar 31 2021n/an/a

NOK 2b

Dec 31 2020NOK 3mNOK 2m

NOK 2b

Sep 30 2020n/an/a

NOK 1b

Jun 30 2020n/an/a

NOK 1b

Mar 31 2020n/an/a

NOK 2b

Dec 31 2019NOK 4mNOK 2m

NOK 3b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Dec 31 2018NOK 4mNOK 2m

NOK 2b

Sep 30 2018n/an/a

NOK 2b

Jun 30 2018n/an/a

NOK 2b

Mar 31 2018n/an/a

NOK 2b

Dec 31 2017NOK 4mNOK 2m

NOK 2b

Compensation vs Market: Insufficient data to establish whether Inge's total compensation is reasonable compared to companies of similar size in the Norwegian market.

Compensation vs Earnings: Inge's compensation has increased by more than 20% in the past year.

CEO

Inge Reinertsen (53 yo)

less than a year

Tenure

NOK 4,305,000

Compensation

Mr. Inge Reinertsen was Chief Financial Officer of SpareBank 1 SR-Bank ASA from February 1, 2010 to October 1, 2024 and also serves as CEO Since September 16, 2024. Mr. Inge Reinertsen has a degree in Busi...

Leadership Team

NamePositionTenureCompensationOwnership
Inge Reinertsen
Chief Executive Officerless than a yearNOK 4.31m0.043%
NOK 16.5m
Glenn Sæther
Executive Vice President of Technology Development & Business Processes2.8yrsNOK 4.06m0.013%
NOK 5.1m
Signe Helliesen
Executive Vice President of Compliance5.9yrsNOK 2.24m0.0015%
NOK 582.8k
Ella Skjorestad
Executive Vice President of Marketing6.8yrsNOK 2.80m0.0049%
NOK 1.8m
Tore Medhus
Executive Vice President of Large Corporates24.3yrsNOK 4.18m0.024%
NOK 9.3m
Jan Friestad
Executive Vice President of Corporate Strategy & Projects3.2yrsNOK 3.38m0.021%
NOK 8.0m
Frode Bø
Executive Vice President of Risk Management18.9yrsNOK 3.84m0.0071%
NOK 2.7m
Roger Lund Antonesen
Executive Vice President of Retail Market3yrsNOK 3.68m0.0013%
NOK 479.9k
Marianne Bakke
Executive Vice President of SME & Agriculture3.3yrsNOK 1.97m0.0017%
NOK 632.3k
Roar Snippen
Acting Chief Financial Officerless than a yearno datano data
Morten Forgaard
Vice President of Investor Relationsno datano datano data
Nils Hegrestad
Director of Credit and Legalno datano datano data

3.2yrs

Average Tenure

54.5yo

Average Age

Experienced Management: SB1NO's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dag Mejdell
Independent Vice chairmanless than a yearNOK 692.00k0.018%
NOK 6.9m
Finn Haugan
Chairman of the Boardless than a yearno datano data
Trine Romuld
Independent Director4.7yrsNOK 327.00k0.0015%
NOK 575.2k
Sally Lund-Andersen
Employee Representative Director12.9yrsNOK 1.34m0.0015%
NOK 575.2k
Jan Skogseth
Independent Director7.7yrsNOK 332.00k0.0038%
NOK 1.4m
Kjetil Skjæveland
Director2.7yrsno data0.00076%
NOK 289.5k
Camilla Aldona Tepfers
Independent Director2.7yrsno datano data
Hanne Gravdal
Employee Representative Directorless than a yearno datano data
Maria Tho
Directorless than a yearno datano data
Heine Wang
Directorless than a yearno datano data
Eirik Elholm
Employee Representative Directorless than a yearno datano data

0.9yrs

Average Tenure

60yo

Average Age

Experienced Board: SB1NO's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

SpareBank 1 Sør-Norge ASA is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB
Johan StrömCarnegie Investment Bank AB