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SpareBank 1 Sør-Norge OB:SB1NO Stock Report

Last Price

NOK 144.20

Market Cap

NOK 38.1b

7D

-3.2%

1Y

15.0%

Updated

22 Dec, 2024

Data

Company Financials +

SpareBank 1 Sør-Norge ASA

OB:SB1NO Stock Report

Market Cap: NOK 38.1b

SB1NO Stock Overview

Provides various financial products and services for personal and corporate customers primarily in Rogaland, Agder, Vestland, Oslo, and Viken. More details

SB1NO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

SpareBank 1 Sør-Norge ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for SpareBank 1 Sør-Norge
Historical stock prices
Current Share PriceNOK 144.20
52 Week HighNOK 149.60
52 Week LowNOK 124.50
Beta1.02
1 Month Change1.12%
3 Month Change7.29%
1 Year Change14.99%
3 Year Change12.22%
5 Year Change45.80%
Change since IPO1,158.47%

Recent News & Updates

Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

Dec 10
Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

SpareBank 1 Sør-Norge ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 03
SpareBank 1 Sør-Norge ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

Dec 10
Here's Why SpareBank 1 Sør-Norge (OB:SB1NO) Has Caught The Eye Of Investors

SpareBank 1 Sør-Norge ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 03
SpareBank 1 Sør-Norge ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

Aug 16
We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

SpareBank 1 SR-Bank ASA Just Missed EPS By 5.4%: Here's What Analysts Think Will Happen Next

Apr 28
SpareBank 1 SR-Bank ASA Just Missed EPS By 5.4%: Here's What Analysts Think Will Happen Next

SpareBank 1 SR-Bank's (OB:SRBNK) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 01
SpareBank 1 SR-Bank's (OB:SRBNK) Shareholders Will Receive A Bigger Dividend Than Last Year

We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

Mar 18
We Ran A Stock Scan For Earnings Growth And SpareBank 1 SR-Bank (OB:SRBNK) Passed With Ease

SpareBank 1 SR-Bank ASA Just Recorded A 7.0% Revenue Beat: Here's What Analysts Think

Feb 11
SpareBank 1 SR-Bank ASA Just Recorded A 7.0% Revenue Beat: Here's What Analysts Think

Here's Why SpareBank 1 SR-Bank (OB:SRBNK) Has Caught The Eye Of Investors

Mar 27
Here's Why SpareBank 1 SR-Bank (OB:SRBNK) Has Caught The Eye Of Investors

SpareBank 1 SR-Bank ASA Just Beat EPS By 7.0%: Here's What Analysts Think Will Happen Next

Feb 15
SpareBank 1 SR-Bank ASA Just Beat EPS By 7.0%: Here's What Analysts Think Will Happen Next

Read This Before Buying SpareBank 1 SR-Bank ASA (OB:SRBNK) For Its Dividend

Mar 05
Read This Before Buying SpareBank 1 SR-Bank ASA (OB:SRBNK) For Its Dividend

Have Insiders Sold SpareBank 1 SR-Bank ASA (OB:SRBNK) Shares Recently?

Feb 07
Have Insiders Sold SpareBank 1 SR-Bank ASA (OB:SRBNK) Shares Recently?

What Type Of Shareholders Make Up SpareBank 1 SR-Bank ASA's (OB:SRBNK) Share Registry?

Jan 28
What Type Of Shareholders Make Up SpareBank 1 SR-Bank ASA's (OB:SRBNK) Share Registry?

Did You Participate In Any Of SpareBank 1 SR-Bank's (OB:SRBNK) Fantastic 172% Return ?

Dec 24
Did You Participate In Any Of SpareBank 1 SR-Bank's (OB:SRBNK) Fantastic 172% Return ?

Have Insiders Been Buying SpareBank 1 SR-Bank ASA (OB:SRBANK) Shares This Year?

Nov 18
Have Insiders Been Buying SpareBank 1 SR-Bank ASA (OB:SRBANK) Shares This Year?

Shareholder Returns

SB1NONO BanksNO Market
7D-3.2%-1.9%-2.8%
1Y15.0%10.4%-0.8%

Return vs Industry: SB1NO exceeded the Norwegian Banks industry which returned 10.4% over the past year.

Return vs Market: SB1NO exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is SB1NO's price volatile compared to industry and market?
SB1NO volatility
SB1NO Average Weekly Movement2.6%
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: SB1NO has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SB1NO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18391,750Inge Reinertsenwww.sparebank1.no/nb/sr-bank

SpareBank 1 Sør-Norge ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers primarily in Rogaland, Agder, Vestland, Oslo, and Viken. The company operates through Retail Customers, SME & Agriculture, and Large Corporates segments. It offers savings, loans, insurance, and pension products.

SpareBank 1 Sør-Norge ASA Fundamentals Summary

How do SpareBank 1 Sør-Norge's earnings and revenue compare to its market cap?
SB1NO fundamental statistics
Market capNOK 38.09b
Earnings (TTM)NOK 5.05b
Revenue (TTM)NOK 9.99b

7.5x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SB1NO income statement (TTM)
RevenueNOK 9.99b
Cost of RevenueNOK 0
Gross ProfitNOK 9.99b
Other ExpensesNOK 4.93b
EarningsNOK 5.05b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)19.13
Gross Margin100.00%
Net Profit Margin50.60%
Debt/Equity Ratio540.1%

How did SB1NO perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:39
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

SpareBank 1 Sør-Norge ASA is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB
Johan StrömCarnegie Investment Bank AB