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Sparebanken Øst OB:SPOG Stock Report

Last Price

NOK 69.70

Market Cap

NOK 1.4b

7D

4.2%

1Y

41.4%

Updated

22 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Sparebanken Øst Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sparebanken Øst
Historical stock prices
Current Share PriceNOK 69.70
52 Week HighNOK 71.00
52 Week LowNOK 49.00
Beta0.41
1 Month Change4.03%
3 Month Change19.35%
1 Year Change41.38%
3 Year Change25.36%
5 Year Change29.07%
Change since IPO-34.86%

Recent News & Updates

Recent updates

Sparebanken Øst's (OB:SPOG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 15
Sparebanken Øst's (OB:SPOG) Upcoming Dividend Will Be Larger Than Last Year's

Sparebanken Øst (OB:SPOG) Will Pay A Larger Dividend Than Last Year At kr3.85

Feb 13
Sparebanken Øst (OB:SPOG) Will Pay A Larger Dividend Than Last Year At kr3.85

Do Sparebanken Øst's (OB:SPOG) Earnings Warrant Your Attention?

May 07
Do Sparebanken Øst's (OB:SPOG) Earnings Warrant Your Attention?

Is Sparebanken Øst (OB:SPOG) At Risk Of Cutting Its Dividend?

Feb 16
Is Sparebanken Øst (OB:SPOG) At Risk Of Cutting Its Dividend?

Shareholders Of Sparebanken Øst (OB:SPOG) Must Be Happy With Their 64% Return

Dec 18
Shareholders Of Sparebanken Øst (OB:SPOG) Must Be Happy With Their 64% Return

Shareholder Returns

SPOGNO BanksNO Market
7D4.2%-1.9%-2.8%
1Y41.4%10.4%-0.8%

Return vs Industry: SPOG exceeded the Norwegian Banks industry which returned 10.4% over the past year.

Return vs Market: SPOG exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is SPOG's price volatile compared to industry and market?
SPOG volatility
SPOG Average Weekly Movement3.1%
Banks Industry Average Movement2.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: SPOG has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SPOG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1843186Pal Strandwww.oest.no

Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers savings accounts, retirement savings, guardianship accounts, and deposit accounts; car loans, home and green mortgage loans, and framework loans, as well as refinancing services; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, leisure, life and health, child, travel, and disability insurance products; shares and funds trading, and investment banking services; placement and payment processing services; and online and mobile banking services.

Sparebanken Øst Fundamentals Summary

How do Sparebanken Øst's earnings and revenue compare to its market cap?
SPOG fundamental statistics
Market capNOK 1.44b
Earnings (TTM)NOK 141.00m
Revenue (TTM)NOK 1.03b

10.2x

P/E Ratio

0.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPOG income statement (TTM)
RevenueNOK 1.03b
Cost of RevenueNOK 0
Gross ProfitNOK 1.03b
Other ExpensesNOK 884.00m
EarningsNOK 141.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.80
Gross Margin100.00%
Net Profit Margin13.76%
Debt/Equity Ratio489.9%

How did SPOG perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

79%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:18
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
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

Sparebanken Øst is covered by 7 analysts. 3 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
Christian BernerBeringer Finance AB
Håkon AstrupDNB Markets