Sbanken ASA, a digital bank, provides various banking products to retail customers in Norway. More Details
Adequate balance sheet with acceptable track record.
Share Price & News
How has Sbanken's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SBANK is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SBANK's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SBANK exceeded the Norwegian Banks industry which returned -2.2% over the past year.
Return vs Market: SBANK exceeded the Norwegian Market which returned -1.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sbanken's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Sbanken's (OB:SBANK) Earnings Warrant Your Attention?
2 months ago | Simply Wall StSbanken's (OB:SBANK) Shareholders Are Down 17% On Their Shares
4 months ago | Simply Wall StRead This Before Selling Sbanken ASA (OB:SBANK) Shares
Is Sbanken 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: SBANK (NOK72.2) is trading above our estimate of fair value (NOK58.48)
Significantly Below Fair Value: SBANK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SBANK is poor value based on its PE Ratio (11.2x) compared to the NO Banks industry average (9.4x).
PE vs Market: SBANK is good value based on its PE Ratio (11.2x) compared to the Norwegian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: SBANK is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SBANK is overvalued based on its PB Ratio (1x) compared to the NO Banks industry average (0.5x).
How is Sbanken forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SBANK's forecast earnings growth (11.9% per year) is above the savings rate (1.6%).
Earnings vs Market: SBANK's earnings (11.9% per year) are forecast to grow slower than the Norwegian market (34.1% per year).
High Growth Earnings: SBANK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SBANK's revenue (7.9% per year) is forecast to grow faster than the Norwegian market (6.1% per year).
High Growth Revenue: SBANK's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SBANK's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Sbanken performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SBANK has high quality earnings.
Growing Profit Margin: SBANK's current net profit margins (40.6%) are lower than last year (42.6%).
Past Earnings Growth Analysis
Earnings Trend: SBANK's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: SBANK's earnings growth over the past year (0.2%) is below its 5-year average (6.8% per year).
Earnings vs Industry: SBANK earnings growth over the past year (0.2%) exceeded the Banks industry -8.2%.
Return on Equity
High ROE: SBANK's Return on Equity (9.3%) is considered low.
How is Sbanken'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: SBANK's Assets to Equity ratio (13.2x) is moderate.
Allowance for Bad Loans: SBANK has a low allowance for bad loans (60%).
Low Risk Liabilities: 64% of SBANK's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBANK has an appropriate level of Loans to Assets ratio (85%).
Low Risk Deposits: SBANK's Loans to Deposits ratio (143%) is high.
Level of Bad Loans: SBANK has an appropriate level of bad loans (0.7%).
What is Sbanken current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SBANK's dividend (4.36%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.43%).
High Dividend: SBANK's dividend (4.36%) is low compared to the top 25% of dividend payers in the Norwegian market (6.02%).
Stability and Growth of Payments
Stable Dividend: SBANK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SBANK's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.9%), SBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBANK's dividends in 3 years are forecast to be well covered by earnings (39.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Øyvind Thomassen (58 yo)
Mr. Øyvind Thomassen, M.Sc. Econ. has served as Chief Executive Officer of Sbanken ASA since September 23, 2019. He served as Chief Executive Officer of Skandiabanken AB (publ) from 2010 to April 26, 2016 ...
CEO Compensation Analysis
Compensation vs Market: Øyvind's total compensation ($USD511.99K) is about average for companies of similar size in the Norwegian market ($USD571.30K).
Compensation vs Earnings: Øyvind's compensation has increased by more than 20% in the past year.
|Chief Executive Officer||1.17yrs||kr4.54m||0.095% |
|CFO & Deputy CEO||5.25yrs||kr2.62m||0.066% |
|Chief Operating Officer of Banking||0.83yr||kr1.87m||0.014% |
|Head of Strategy||10.83yrs||kr2.19m||0.045% |
|Head of IT Governance||no data||no data||0.0017% |
|Chief Technology Officer||0.42yr||no data||no data|
|Head of Investor Relations||1.83yrs||no data||0.0019% |
|Chief Compliance Officer||no data||no data||0.0028% |
|Head of Legal||no data||no data||no data|
|Chief Communication Officer||no data||no data||no data|
|Head of Customer Service Centre||no data||no data||no data|
|Head of Economics||no data||no data||no data|
Experienced Management: SBANK's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Independent Director||4.42yrs||kr342.00k||no data|
|Independent Director||5.17yrs||kr569.00k||0.017% |
|Independent Director||5.25yrs||kr520.00k||0.027% |
|Independent Director||5.25yrs||kr556.00k||no data|
|Independent Chairman of the Board||5.83yrs||kr822.00k||0.045% |
|Employee Representative Director||0.50yr||no data||no data|
|Employee Representative Director||0.50yr||no data||no data|
Experienced Board: SBANK's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SBANK 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.
Sbanken ASA's company bio, employee growth, exchange listings and data sources
- Name: Sbanken ASA
- Ticker: SBANK
- Exchange: OB
- Founded: 2000
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr7.738b
- Shares outstanding: 106.73m
- Website: https://sbanken.no
Number of Employees
- Sbanken ASA
- Folke Bernadottesvei 38
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SBANK||OB (Oslo Bors)||Yes||Registered Shares||NO||NOK||Nov 2015|
|7SB||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Nov 2015|
|0RD6||LSE (London Stock Exchange)||Yes||Registered Shares||GB||NOK||Nov 2015|
|SBANKO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||NOK||Nov 2015|
Sbanken ASA, a digital bank, provides various banking products to retail customers in Norway. The company offers deposit products, such as security deposit accounts and home savings account; and home loans...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 17:21|
|End of Day Share Price||2020/11/27 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.