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SOON Stock Overview
Provides various banking products and services for private and corporate customers in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
SpareBank 1 Sørøst-Norge Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 68.01 |
| 52 Week High | NOK 71.97 |
| 52 Week Low | NOK 49.30 |
| Beta | 0.45 |
| 1 Month Change | -2.65% |
| 3 Month Change | -1.43% |
| 1 Year Change | 37.95% |
| 3 Year Change | 26.88% |
| 5 Year Change | 84.81% |
| Change since IPO | 60.34% |
Recent News & Updates
Recent updates
Earnings Beat: SpareBank 1 Sørøst-Norge Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 28
Increases to CEO Compensation Might Be Put On Hold For Now at SpareBank 1 BV (OB:SBVG)
Apr 03Growth Investors: Industry Analysts Just Upgraded Their SpareBank 1 BV (OB:SBVG) Revenue Forecasts By 65%
Mar 08You Have To Love SpareBank 1 BV's (OB:SBVG) Dividend
Mar 02What Kind Of Shareholders Own SpareBank 1 BV (OB:SBVG)?
Feb 02
SpareBank 1 BV (OB:SBVG) Has Gifted Shareholders With A Fantastic 210% Total Return On Their Investment
Jan 06Need To Know: SpareBank 1 BV (OB:SBVG) Insiders Have Been Buying Shares
Dec 11Could SpareBank 1 BV (OB:SBVG) Have The Makings Of Another Dividend Aristocrat?
Nov 20Shareholder Returns
| SOON | NO Banks | NO Market | |
|---|---|---|---|
| 7D | -1.4% | 0.4% | -2.3% |
| 1Y | 38.0% | 12.1% | -0.1% |
Return vs Industry: SOON exceeded the Norwegian Banks industry which returned 4.8% over the past year.
Return vs Market: SOON exceeded the Norwegian Market which returned 1.2% over the past year.
Price Volatility
| SOON volatility | |
|---|---|
| SOON Average Weekly Movement | 2.6% |
| 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: SOON has not had significant price volatility in the past 3 months.
Volatility Over Time: SOON's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1859 | 660 | Per Halvorsen | www.sparebank1.no/nb/sorost/privat.html |
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers saving, business, tax deduction, placement, currency, deposit, and group accounts and services; cash and card services; and accounting, pension, and online banking services. It also provides factoring, mortgage, overdraft, and leasing services; car, construction, vehicles, trailers, and business loan; car, motorcycle, vehicle and machinery, value and building, employee and personnel, and farm and agricultural insurance products; bank guarantees; and credit for agriculture.
SpareBank 1 Sørøst-Norge Fundamentals Summary
| SOON fundamental statistics | |
|---|---|
| Market cap | NOK 813.37m |
| Earnings (TTM) | NOK 813.00m |
| Revenue (TTM) | NOK 3.12b |
11.7x
P/E Ratio0.7x
P/B RatioIs SOON overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOON income statement (TTM) | |
|---|---|
| Revenue | NOK 3.12b |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 3.12b |
| Other Expenses | NOK 2.31b |
| Earnings | NOK 813.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 31, 2024
| Earnings per share (EPS) | 5.80 |
| Gross Margin | 100.00% |
| Net Profit Margin | 26.07% |
| Debt/Equity Ratio | 180.7% |
How did SOON perform over the long term?
See historical performance and comparisonDividends
5.7%
Current Dividend Yield67%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/02 15:13 |
| End of Day Share Price | 2024/09/30 00:00 |
| Earnings | 2024/06/30 |
| 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 1 Sørøst-Norge is covered by 4 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 |
|---|---|
| Geir Kristiansen | Beringer Finance AB |
| Håkon Astrup | DNB Markets |
| Žilvinas Jusaitis | Norne Securities AS |