SB68 Stock Overview
Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Sparebank 68° Nord Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 168.50 |
| 52 Week High | NOK 174.98 |
| 52 Week Low | NOK 150.00 |
| Beta | 0.13 |
| 1 Month Change | 8.01% |
| 3 Month Change | 7.32% |
| 1 Year Change | 4.66% |
| 3 Year Change | -2.03% |
| 5 Year Change | n/a |
| Change since IPO | 1.57% |
Recent News & Updates
News Flash: One Sparebank 68° Nord (OB:SB68) Analyst Has Been Trimming Their Revenue Forecasts
Aug 16
Shareholder Returns
| SB68 | NO Banks | NO Market | |
|---|---|---|---|
| 7D | 2.1% | -1.9% | -2.8% |
| 1Y | 4.7% | 10.4% | -0.8% |
Return vs Industry: SB68 underperformed the Norwegian Banks industry which returned 10.4% over the past year.
Return vs Market: SB68 exceeded the Norwegian Market which returned -0.8% over the past year.
Price Volatility
| SB68 volatility | |
|---|---|
| SB68 Average Weekly Movement | 3.2% |
| Banks Industry Average Movement | 2.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: SB68 has not had significant price volatility in the past 3 months compared to the Norwegian market.
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 | NOK 501.38m |
| Earnings (TTM) | NOK 44.54m |
| Revenue (TTM) | NOK 325.93m |
11.3x
P/E Ratio0.3x
P/B RatioIs SB68 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SB68 income statement (TTM) | |
|---|---|
| Revenue | NOK 325.93m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 325.93m |
| Other Expenses | NOK 281.39m |
| Earnings | NOK 44.54m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 14.97 |
| Gross Margin | 100.00% |
| Net Profit Margin | 13.67% |
| Debt/Equity Ratio | 168.9% |
How did SB68 perform over the long term?
See historical performance and comparisonDividends
7.1%
Current Dividend Yield80%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 68° Nord 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.
| Analyst | Institution |
|---|---|
| Ignas Lekštys | Norne Securities AS |