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Sparebanken Øst OB:SPOG Stock Report

Last Price

NOK 67.71

Market Cap

NOK 1.4b

7D

-0.06%

1Y

43.2%

Updated

20 Nov, 2024

Data

Company Financials +

Sparebanken Øst

OB:SPOG Stock Report

Market Cap: NOK 1.4b

SPOG Stock Overview

Operates as a savings bank in Eastern Norway. More details

SPOG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends5/6

Rewards

Trading at 17.8% below our estimate of its fair value

Earnings are forecast to grow 15.68% per year

Earnings grew by 24.8% over the past year

Risk Analysis

Unstable dividend track record


Sparebanken Øst Competitors

Morrow Bank

OB:MOBA

NOK 1.7b

Lea Bank

OB:LEA

NOK 802.3m

SpareBank 1 Ringerike Hadeland

OB:RING

NOK 5.1b

Pareto Bank

OB:PARB

NOK 5.0b

Price History & Performance

Summary of all time highs, changes and price drops for Sparebanken Øst
Historical stock prices
Current Share PriceNOK 67.71
52 Week HighNOK 69.00
52 Week LowNOK 46.70
Beta0.41
11 Month Change9.21%
3 Month Change16.74%
1 Year Change43.15%
33 Year Change20.91%
5 Year Change24.01%
Change since IPO-36.72%

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
7D-0.06%0.8%3.1%
1Y43.2%15.8%3.9%

Return vs Industry: SPOG exceeded the Norwegian Banks industry which returned 15.6% over the past year.

Return vs Market: SPOG exceeded the Norwegian Market which returned 2.5% over the past year.

Price Volatility

Is SPOG's price volatile compared to industry and market?
SPOG volatility
SPOG Average Weekly Movement3.3%
Banks Industry Average Movement2.7%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

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 financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services.

Sparebanken Øst Fundamentals Summary

How do Sparebanken Øst's earnings and revenue compare to its market cap?
SPOG fundamental statistics
Market capNOK 1.40b
Earnings (TTM)NOK 141.00m
Revenue (TTM)NOK 1.03b

10.0x

P/E Ratio

0.3x

P/B Ratio

Is SPOG overvalued?

See Fair Value and valuation analysis

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

8.0%

Current Dividend Yield

79%

Payout Ratio