SB68 Stock Overview
Sparebank 68° Nord operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Sparebank 68° Nord Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr156.00 |
| 52 Week High | kr174.98 |
| 52 Week Low | kr155.00 |
| Beta | 0.17 |
| 1 Month Change | -2.50% |
| 3 Month Change | -3.11% |
| 1 Year Change | -3.11% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -5.97% |
Recent News & Updates
Recent updates
Shareholder Returns
| SB68 | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 0% | -0.7% | 0.9% |
| 1Y | -3.1% | 11.4% | 4.6% |
Return vs Industry: SB68 underperformed the Norwegian Banks industry which returned 10.5% over the past year.
Return vs Market: SB68 underperformed the Norwegian Market which returned 4.6% over the past year.
Price Volatility
| SB68 volatility | |
|---|---|
| SB68 Average Weekly Movement | 2.6% |
| Banks Industry Average Movement | 2.9% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 10.5% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: SB68 has not had significant price volatility in the past 3 months.
Volatility Over Time: SB68's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1926 | 63 | Hugo Hansen | 68nord.no |
Sparebank 68° Nord operates as a savings bank that provides a range of banking services to personal and corporate market in Norway. The company offers savings accounts; mortgage, car and other vehicle, green car, boat, and consumer loans, as well as business and construction loans; bank guarantees, overdrafts, and leasing products; motorhome and caravan financing; refinancing; online and mobile banking, card, and payment services; insurance and pension services; and home insurance. The company was founded in 1926 and is based in Leknes, Norway.
Sparebank 68° Nord Fundamentals Summary
| SB68 fundamental statistics | |
|---|---|
| Market cap | kr463.81m |
| Earnings (TTM) | kr45.64m |
| Revenue (TTM) | kr308.21m |
10.2x
P/E Ratio0.3x
P/B RatioIs SB68 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SB68 income statement (TTM) | |
|---|---|
| Revenue | kr308.21m |
| Cost of Revenue | kr0 |
| Gross Profit | kr308.21m |
| Other Expenses | kr262.56m |
| Earnings | kr45.64m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 15.35 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.81% |
| Debt/Equity Ratio | 170.5% |
How did SB68 perform over the long term?
See historical performance and comparison