SpareBank 1 Østlandet Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

OB:SPOL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
18 Dec 25	SellNOK 771,459	Magnar Nybakk	Individual		3,926	NOK 196.50
10 Nov 25	BuyNOK 16,137	Sjur Smedstad	Individual		92	NOK 175.40

Insider Trading Volume

Insider Buying: SPOL insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of SPOL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,716,134	2%
Private Companies	11,713,364	8.62%
General Public	23,808,555	17.5%
Institutions	97,622,671	71.9%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.3%.

Top Shareholders

Top 25 shareholders own 82.2% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
44.5%	Sparebankstiftelsen Hedmark	60,404,892	NOK 11.9b	0%	no data
8.62%	Totens Sparebank	11,713,364	NOK 2.3b	0%	100.0%
8.19%	Norwegian Confederation of Trade Unions	11,121,637	NOK 2.2b	0%	100.0%
5.23%	Pareto Asset Management AS	7,103,799	NOK 1.4b	0%	6.71%
3.31%	FMR LLC	4,492,350	NOK 884.7m	-0.12%	no data
1.98%	John Fredriksen	2,686,766	NOK 529.1m	0%	no data
1.81%	Eika Kapitalforvaltning AS	2,455,482	NOK 483.6m	0%	7.19%
1.76%	Fellesforbundet	2,391,954	NOK 471.1m	0%	no data
1.5%	KLP Kapitalforvaltning AS	2,044,072	NOK 402.6m	0%	0.1%
0.97%	Norsk NArings- Og Nytelsesmiddelarbeiderforbund	1,313,555	NOK 258.7m	0%	no data
0.81%	Borea Asset Management As	1,107,166	NOK 218.0m	0%	12.44%
0.59%	Tredje AP-fonden	804,750	NOK 158.5m	0%	0.11%
0.46%	Fagforbundet	622,246	NOK 122.5m	0%	no data
0.45%	Arctic Asset Management AS	612,773	NOK 120.7m	0%	0.92%
0.36%	MP Pensjon PK	483,222	NOK 95.2m	0%	1.32%
0.35%	Industri Energi	479,443	NOK 94.4m	0%	no data
0.34%	Storebrand Asset Management AS	462,102	NOK 91.0m	0%	0.23%
0.29%	BlackRock, Inc.	394,341	NOK 77.7m	6.79%	no data
0.25%	Dimensional Fund Advisors LP	334,351	NOK 65.8m	0.76%	no data
0.16%	Polaris Capital Management, LLC	217,488	NOK 42.8m	0%	0.09%
0.15%	BNP Paribas Asset Management Europe	208,523	NOK 41.1m	0%	0.01%
0.054%	Deutsche Asset & Wealth Management	73,505	NOK 14.5m	0%	no data
0.037%	UBS Asset Management AG	50,109	NOK 9.9m	0%	no data
0.036%	BNY Asset Management	48,239	NOK 9.5m	-2.55%	no data
0.035%	WisdomTree Asset Management, Inc.	48,176	NOK 9.5m	-2.65%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/21 07:59
End of Day Share Price	2026/01/21 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

SpareBank 1 Østlandet is covered by 4 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.

Analyst	Institution
Håkon Astrup	DNB Carnegie
Simen Aas	DNB Carnegie
Žilvinas Jusaitis	Norne Securities AS