SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. More Details
Solid track record average dividend payer.
Share Price & News
How has SpareBank 1 SR-Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRBNK is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SRBNK's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SRBNK exceeded the Norwegian Banks industry which returned 37.1% over the past year.
Return vs Market: SRBNK exceeded the Norwegian Market which returned 21.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SpareBank 1 SR-Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Much Of SpareBank 1 SR-Bank ASA (OB:SRBNK) Do Institutions Own?
1 month ago | Simply Wall StSpareBank 1 SR-Bank (OB:SRBNK) Has Gifted Shareholders With A Fantastic 241% Total Return On Their Investment
3 months ago | Simply Wall StHave Insiders Been Buying SpareBank 1 SR-Bank ASA (OB:SRBNK) Shares?
Is SpareBank 1 SR-Bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRBNK (NOK114.6) is trading below our estimate of fair value (NOK178.07)
Significantly Below Fair Value: SRBNK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRBNK is poor value based on its PE Ratio (11.4x) compared to the Norwegian Banks industry average (11x).
PE vs Market: SRBNK is good value based on its PE Ratio (11.4x) compared to the Norwegian market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: SRBNK is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: SRBNK is overvalued based on its PB Ratio (1.1x) compared to the NO Banks industry average (0.6x).
How is SpareBank 1 SR-Bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRBNK's forecast earnings growth (5.5% per year) is above the savings rate (1.2%).
Earnings vs Market: SRBNK's earnings (5.5% per year) are forecast to grow slower than the Norwegian market (10.2% per year).
High Growth Earnings: SRBNK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SRBNK's revenue (6.7% per year) is forecast to grow faster than the Norwegian market (5.9% per year).
High Growth Revenue: SRBNK's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRBNK's Return on Equity is forecast to be low in 3 years time (10.8%).
How has SpareBank 1 SR-Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRBNK has high quality earnings.
Growing Profit Margin: SRBNK's current net profit margins (45.5%) are higher than last year (34%).
Past Earnings Growth Analysis
Earnings Trend: SRBNK's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: SRBNK's earnings growth over the past year (74.1%) exceeds its 5-year average (3.6% per year).
Earnings vs Industry: SRBNK earnings growth over the past year (74.1%) exceeded the Banks industry 20.9%.
Return on Equity
High ROE: SRBNK's Return on Equity (10%) is considered low.
How is SpareBank 1 SR-Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SRBNK's Assets to Equity ratio (11.4x) is moderate.
Allowance for Bad Loans: SRBNK has a low allowance for bad loans (63%).
Low Risk Liabilities: 50% of SRBNK's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SRBNK has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: SRBNK's Loans to Deposits ratio (164%) is high.
Level of Bad Loans: SRBNK has an appropriate level of bad loans (1.7%).
What is SpareBank 1 SR-Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRBNK's dividend (2.71%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.89%).
High Dividend: SRBNK's dividend (2.71%) is low compared to the top 25% of dividend payers in the Norwegian market (5.1%).
Stability and Growth of Payments
Stable Dividend: SRBNK's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRBNK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.1%), SRBNK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRBNK's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Benedicte Fasmer (56 yo)
Ms. Benedicte Schilbred Fasmer serves as the Chief Executive Officer at SpareBank 1 SR-Bank ASA since Jaunary 1, 2021. She serves as Director at Entra ASA since April 30, 2020. She served as Group Executiv...
Experienced Management: SRBNK's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: SRBNK's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SpareBank 1 SR-Bank ASA's company bio, employee growth, exchange listings and data sources
- Name: SpareBank 1 SR-Bank ASA
- Ticker: SRBNK
- Exchange: OB
- Founded: 1995
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr29.169b
- Shares outstanding: 255.65m
- Website: https://www.sparebank1.no/nb/sr-bank
Number of Employees
- SpareBank 1 SR-Bank ASA
- Christen Tranes Gate 35
- Postboks 250
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company offers its product...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 21:31|
|End of Day Share Price||2021/09/16 00:00|
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.