SB68 Stock Overview
Operates as a savings bank that provides a range of banking services to personal and corporate market in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Sparebank 68° Nord Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 158.02 |
| 52 Week High | NOK 174.98 |
| 52 Week Low | NOK 150.00 |
| Beta | 0.15 |
| 11 Month Change | 2.93% |
| 3 Month Change | -0.62% |
| 1 Year Change | -3.65% |
| 33 Year Change | -1.85% |
| 5 Year Change | n/a |
| Change since IPO | -4.75% |
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 | -1.2% | 3.4% | 1.3% |
| 1Y | -3.6% | 8.7% | 6.7% |
Return vs Industry: SB68 underperformed the Norwegian Banks industry which returned 7.2% over the past year.
Return vs Market: SB68 underperformed the Norwegian Market which returned 5.6% over the past year.
Price Volatility
| SB68 volatility | |
|---|---|
| SB68 Average Weekly Movement | 1.6% |
| Banks Industry Average Movement | 2.7% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in NO Market | 10.2% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: SB68 has not had significant price volatility in the past 3 months.
Volatility Over Time: SB68's weekly volatility (2%) 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 469.81m |
| Earnings (TTM) | NOK 45.78m |
| Revenue (TTM) | NOK 316.55m |
10.3x
P/E Ratio0.3x
P/B RatioIs SB68 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SB68 income statement (TTM) | |
|---|---|
| Revenue | NOK 316.55m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 316.55m |
| Other Expenses | NOK 270.76m |
| Earnings | NOK 45.78m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 15.40 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.46% |
| Debt/Equity Ratio | 160.3% |
How did SB68 perform over the long term?
See historical performance and comparison