How has SpareBank 1 BV performed over the past 5 years?
25.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SBVG has high quality earnings.
Growing Profit Margin: SBVG's current net profit margins (22.5%) are lower than last year (24.3%).
Past Earnings Growth Analysis
Earnings Trend: SBVG's earnings have grown significantly by 25.4% per year over the past 5 years.
Accelerating Growth: SBVG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SBVG had negative earnings growth (-9.2%) over the past year, making it difficult to compare to the Banks industry average (-2.7%).
Return on Equity
High ROE: SBVG's Return on Equity (9.2%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average board tenure
CEO
Rune Fjeldstad (58 yo)
5.75yrs
Tenure
kr6,983,000
Compensation
Mr. Rune Fjeldstad has been Chief Executive Officer of SpareBank 1 BV since May 1, 2015 and served as its Director since April 2014 until February 2015. He has a Master's degree in Economics and Master of ...
CEO Compensation Analysis
Compensation vs Market: Rune's total compensation ($USD806.50K) is above average for companies of similar size in the Norwegian market ($USD595.84K).
Compensation vs Earnings: Rune's compensation has been consistent with company performance over the past year.
Board Members
Name
Position
Tenure
Compensation
Ownership
Finn Haugan
Chairman of the Board
1.67yrs
kr187.00k
0.048% NOK 1.3m
Bjørn Hoffstad
Member of the Supervisory Board
no data
no data
no data
Thor Strand
Member of Supervisory Board
12.25yrs
no data
no data
Bjørn Hellevammen
Member of Supervisory Board
no data
no data
no data
Geir Vestre
Employee Representative Director
no data
kr145.00k
no data
Hanne Gravdal
Employee Representative Director
12.25yrs
kr132.00k
0.0098% NOK 262.1k
Lars Bjørnsrud
Chairman of the Supervisory Board
1.83yrs
kr47.00k
no data
Tom Mello
Deputy Chairman of the Supervisory Board
1.83yrs
no data
no data
Janne Weseth
Director
4.75yrs
kr160.00k
no data
Heine Wang
Deputy Chair
no data
no data
no data
Elisabeth Haug
Director
1.67yrs
kr77.00k
0.0043% NOK 114.2k
Gisle Dahn
Director
1.67yrs
kr119.00k
no data
1.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: SBVG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SpareBank 1 BV's company bio, employee growth, exchange listings and data sources
SpareBank 1 BV provides various banking products and services for private and corporate customers in Norway. It offers current, deposit, bill, and savings accounts; mortgages; consumer, construction, car, ...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/03/01 17:25
End of Day Share Price
2021/03/01 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
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.