SpareBank 1 Sørøst-Norge

OB:SOON Stock Report

Market Cap: NOK 813.4m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

SpareBank 1 Sørøst-Norge Dividends and Buybacks

Dividend criteria checks 4/6

SpareBank 1 Sørøst-Norge is a dividend paying company with a current yield of 5.71% that is well covered by earnings.

Key information

5.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield6.2%
Dividend Growth4.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNOK 3.880
Payout ratio67%

Recent dividend and buyback updates

Recent updates

Earnings Beat: SpareBank 1 Sørøst-Norge Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Apr 28
Earnings Beat: SpareBank 1 Sørøst-Norge Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Increases to CEO Compensation Might Be Put On Hold For Now at SpareBank 1 BV (OB:SBVG)

Apr 03
Increases to CEO Compensation Might Be Put On Hold For Now at SpareBank 1 BV (OB:SBVG)

Growth Investors: Industry Analysts Just Upgraded Their SpareBank 1 BV (OB:SBVG) Revenue Forecasts By 65%

Mar 08
Growth Investors: Industry Analysts Just Upgraded Their SpareBank 1 BV (OB:SBVG) Revenue Forecasts By 65%

You Have To Love SpareBank 1 BV's (OB:SBVG) Dividend

Mar 02
You Have To Love SpareBank 1 BV's (OB:SBVG) Dividend

What Kind Of Shareholders Own SpareBank 1 BV (OB:SBVG)?

Feb 02
What Kind Of Shareholders Own SpareBank 1 BV (OB:SBVG)?

SpareBank 1 BV (OB:SBVG) Has Gifted Shareholders With A Fantastic 210% Total Return On Their Investment

Jan 06
SpareBank 1 BV (OB:SBVG) Has Gifted Shareholders With A Fantastic 210% Total Return On Their Investment

Need To Know: SpareBank 1 BV (OB:SBVG) Insiders Have Been Buying Shares

Dec 11
Need To Know: SpareBank 1 BV (OB:SBVG) Insiders Have Been Buying Shares

Could SpareBank 1 BV (OB:SBVG) Have The Makings Of Another Dividend Aristocrat?

Nov 20
Could SpareBank 1 BV (OB:SBVG) Have The Makings Of Another Dividend Aristocrat?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SOON's dividend payments have been volatile in the past 10 years.

Growing Dividend: SOON's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

SpareBank 1 Sørøst-Norge Dividend Yield vs Market
How does SOON dividend yield compare to the market?
SegmentDividend Yield
Company (SOON)5.7%
Market Bottom 25% (NO)3.4%
Market Top 25% (NO)8.0%
Industry Average (Banks)6.6%
Analyst forecast (SOON) (up to 3 years)6.2%

Notable Dividend: SOON's dividend (5.71%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.36%).

High Dividend: SOON's dividend (5.71%) is low compared to the top 25% of dividend payers in the Norwegian market (7.45%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66.9%), SOON's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SOON's dividends in 3 years are forecast to be covered by earnings (68.3% payout ratio).


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/02 21:15
End of Day Share Price 2024/09/30 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Geir KristiansenBeringer Finance AB
Håkon AstrupDNB Markets
Žilvinas JusaitisNorne Securities AS