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SpareBank 1 Østlandet OB:SPOL Stock Report

Last Price

NOK 144.00

Market Cap

NOK 16.7b

7D

-0.8%

1Y

15.9%

Updated

11 Aug, 2024

Data

Company Financials +

SPOL Stock Overview

Provides various financial products and services to individuals, businesses, the public sector, clubs, and societies.

SPOL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends3/6

SpareBank 1 Østlandet Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SpareBank 1 Østlandet
Historical stock prices
Current Share PriceNOK 144.00
52 Week HighNOK 151.32
52 Week LowNOK 120.20
Beta0.59
11 Month Change2.27%
3 Month Change5.94%
1 Year Change15.94%
33 Year Change12.32%
5 Year Change73.70%
Change since IPO82.28%

Recent News & Updates

Here's Why SpareBank 1 Østlandet (OB:SPOL) Has Caught The Eye Of Investors

Aug 06
Here's Why SpareBank 1 Østlandet (OB:SPOL) Has Caught The Eye Of Investors

Here's Why We Think SpareBank 1 Østlandet (OB:SPOL) Is Well Worth Watching

Apr 27
Here's Why We Think SpareBank 1 Østlandet (OB:SPOL) Is Well Worth Watching

Recent updates

Here's Why SpareBank 1 Østlandet (OB:SPOL) Has Caught The Eye Of Investors

Aug 06
Here's Why SpareBank 1 Østlandet (OB:SPOL) Has Caught The Eye Of Investors

Here's Why We Think SpareBank 1 Østlandet (OB:SPOL) Is Well Worth Watching

Apr 27
Here's Why We Think SpareBank 1 Østlandet (OB:SPOL) Is Well Worth Watching

Do SpareBank 1 Østlandet's (OB:SPOL) Earnings Warrant Your Attention?

Jan 06
Do SpareBank 1 Østlandet's (OB:SPOL) Earnings Warrant Your Attention?

Does SpareBank 1 Østlandet (OB:SPOL) Deserve A Spot On Your Watchlist?

Sep 08
Does SpareBank 1 Østlandet (OB:SPOL) Deserve A Spot On Your Watchlist?

Most Shareholders Will Probably Agree With SpareBank 1 Østlandet's (OB:SPOL) CEO Compensation

Mar 24
Most Shareholders Will Probably Agree With SpareBank 1 Østlandet's (OB:SPOL) CEO Compensation

If You Like EPS Growth Then Check Out SpareBank 1 Østlandet (OB:SPOL) Before It's Too Late

Apr 29
If You Like EPS Growth Then Check Out SpareBank 1 Østlandet (OB:SPOL) Before It's Too Late

SpareBank 1 Østlandet (OB:SPOL) Just Released Its Yearly Earnings: Here's What Analysts Think

Feb 16
SpareBank 1 Østlandet (OB:SPOL) Just Released Its Yearly Earnings: Here's What Analysts Think

Does SpareBank 1 Østlandet (OB:SPOL) Deserve A Spot On Your Watchlist?

Jan 24
Does SpareBank 1 Østlandet (OB:SPOL) Deserve A Spot On Your Watchlist?

Here's Why I Think SpareBank 1 Østlandet (OB:SPOL) Might Deserve Your Attention Today

Aug 12
Here's Why I Think SpareBank 1 Østlandet (OB:SPOL) Might Deserve Your Attention Today

Should You Or Shouldn't You: A Dividend Analysis on SpareBank 1 Østlandet (OB:SPOL)

Mar 18
Should You Or Shouldn't You: A Dividend Analysis on SpareBank 1 Østlandet (OB:SPOL)

Richard Heiberg Is The Chief Executive Officer of SpareBank 1 Østlandet (OB:SPOL) And They Just Picked Up 4.9% More Shares

Feb 17
Richard Heiberg Is The Chief Executive Officer of SpareBank 1 Østlandet (OB:SPOL) And They Just Picked Up 4.9% More Shares

Here's What SpareBank 1 Østlandet's (OB:SPOL) Shareholder Ownership Structure Looks Like

Feb 16
Here's What SpareBank 1 Østlandet's (OB:SPOL) Shareholder Ownership Structure Looks Like

SpareBank 1 Østlandet (OB:SPOL) Shareholders Have Enjoyed A 11% Share Price Gain

Jan 19
SpareBank 1 Østlandet (OB:SPOL) Shareholders Have Enjoyed A 11% Share Price Gain

Does SpareBank 1 Østlandet (OB:SPOL) Have A Place In Your Dividend Portfolio?

Dec 18
Does SpareBank 1 Østlandet (OB:SPOL) Have A Place In Your Dividend Portfolio?

Chief Financial Officer Geir-Egil Bolstad Just Bought 34% More Shares In SpareBank 1 Østlandet (OB:SPOL)

Nov 22
Chief Financial Officer Geir-Egil Bolstad Just Bought 34% More Shares In SpareBank 1 Østlandet (OB:SPOL)

Shareholder Returns

SPOLNO BanksNO Market
7D-0.8%-1.8%0.5%
1Y15.9%3.8%2.9%

Return vs Industry: SPOL exceeded the Norwegian Banks industry which returned 3.8% over the past year.

Return vs Market: SPOL exceeded the Norwegian Market which returned 2.9% over the past year.

Price Volatility

Is SPOL's price volatile compared to industry and market?
SPOL volatility
SPOL Average Weekly Movement2.5%
Banks Industry Average Movement2.7%
Market Average Movement5.1%
10% most volatile stocks in NO Market9.9%
10% least volatile stocks in NO Market2.7%

Stable Share Price: SPOL has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
18451,225Klara-Lise Aasenwww.sparebank1.no/en/ostlandet/personal.html

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services.

SpareBank 1 Østlandet Fundamentals Summary

How do SpareBank 1 Østlandet's earnings and revenue compare to its market cap?
SPOL fundamental statistics
Market capNOK 16.68b
Earnings (TTM)NOK 2.23b
Revenue (TTM)NOK 5.59b

7.5x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPOL income statement (TTM)
RevenueNOK 5.59b
Cost of RevenueNOK 0
Gross ProfitNOK 5.59b
Other ExpensesNOK 3.36b
EarningsNOK 2.23b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 31, 2024

Earnings per share (EPS)19.25
Gross Margin100.00%
Net Profit Margin39.88%
Debt/Equity Ratio244.2%

How did SPOL perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

55%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.