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Sparebanken Norge OB:SBNOR Stock Report

Last Price

NOK 152.20

Market Cap

NOK 16.7b

7D

6.8%

1Y

21.0%

Updated

20 May, 2025

Data

Company Financials +

Sparebanken Norge

OB:SBNOR Stock Report

Market Cap: NOK 16.7b

SBNOR Stock Overview

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. More details

SBNOR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 4.5% below our estimate of its fair value

Earnings are forecast to grow 33.67% per year

Earnings grew by 21.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months

Unstable dividend track record


Community vs My Fair Value

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Sparebanken Norge Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sparebanken Norge
Historical stock prices
Current Share PriceNOK 152.20
52 Week HighNOK 152.84
52 Week LowNOK 120.00
Beta0.50
1 Month Change13.57%
3 Month Change9.09%
1 Year Change20.99%
3 Year Change54.67%
5 Year Change161.96%
Change since IPO196.98%

Recent News & Updates

Sparebanken Vest's (OB:SVEG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 21
Sparebanken Vest's (OB:SVEG) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Sparebanken Vest's (OB:SVEG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 21
Sparebanken Vest's (OB:SVEG) Upcoming Dividend Will Be Larger Than Last Year's

Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK8.50

Mar 07
Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK8.50

Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK8.50

Feb 12
Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK8.50

New Forecasts: Here's What Analysts Think The Future Holds For Sparebanken Vest (OB:SVEG)

Jan 22
New Forecasts: Here's What Analysts Think The Future Holds For Sparebanken Vest (OB:SVEG)

Industry Analysts Just Made A Sizeable Upgrade To Their Sparebanken Vest (OB:SVEG) Revenue Forecasts

Nov 14
Industry Analysts Just Made A Sizeable Upgrade To Their Sparebanken Vest (OB:SVEG) Revenue Forecasts

Sparebanken Vest Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 16
Sparebanken Vest Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Sparebanken Vest's (OB:SVEG) Dividend Will Be Increased To NOK7.50

Feb 22
Sparebanken Vest's (OB:SVEG) Dividend Will Be Increased To NOK7.50

Sparebanken Vest (OB:SVEG) Is Paying Out A Larger Dividend Than Last Year

Feb 04
Sparebanken Vest (OB:SVEG) Is Paying Out A Larger Dividend Than Last Year

If EPS Growth Is Important To You, Sparebanken Vest (OB:SVEG) Presents An Opportunity

Aug 14
If EPS Growth Is Important To You, Sparebanken Vest (OB:SVEG) Presents An Opportunity

Here's Why We Think Sparebanken Vest (OB:SVEG) Might Deserve Your Attention Today

May 10
Here's Why We Think Sparebanken Vest (OB:SVEG) Might Deserve Your Attention Today

Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK5.50

Feb 05
Sparebanken Vest (OB:SVEG) Is Increasing Its Dividend To NOK5.50

Here's Why We Think Sparebanken Vest (OB:SVEG) Is Well Worth Watching

Dec 26
Here's Why We Think Sparebanken Vest (OB:SVEG) Is Well Worth Watching

Here's Why We Think Sparebanken Vest (OB:SVEG) Might Deserve Your Attention Today

Aug 02
Here's Why We Think Sparebanken Vest (OB:SVEG) Might Deserve Your Attention Today

Sparebanken Vest's (OB:SVEG) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 08
Sparebanken Vest's (OB:SVEG) Shareholders Will Receive A Bigger Dividend Than Last Year

Sparebanken Vest (OB:SVEG) Is Paying Out A Larger Dividend Than Last Year

Feb 22
Sparebanken Vest (OB:SVEG) Is Paying Out A Larger Dividend Than Last Year

Sparebanken Vest's (OB:SVEG) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 05
Sparebanken Vest's (OB:SVEG) Shareholders Will Receive A Bigger Dividend Than Last Year

If You Like EPS Growth Then Check Out Sparebanken Vest (OB:SVEG) Before It's Too Late

Jan 12
If You Like EPS Growth Then Check Out Sparebanken Vest (OB:SVEG) Before It's Too Late

Here's Why We Think Sparebanken Vest (OB:SVEG) Is Well Worth Watching

Sep 28
Here's Why We Think Sparebanken Vest (OB:SVEG) Is Well Worth Watching

Just Three Days Till Sparebanken Vest (OB:SVEG) Will Be Trading Ex-Dividend

Mar 21
Just Three Days Till Sparebanken Vest (OB:SVEG) Will Be Trading Ex-Dividend

How Does Sparebanken Vest (OB:SVEG) Fare As A Dividend Stock?

Mar 02
How Does Sparebanken Vest (OB:SVEG) Fare As A Dividend Stock?

Shareholders Of Sparebanken Vest (OB:SVEG) Must Be Happy With Their 181% Total Return

Jan 26
Shareholders Of Sparebanken Vest (OB:SVEG) Must Be Happy With Their 181% Total Return

How Many Sparebanken Vest (OB:SVEG) Shares Do Institutions Own?

Dec 22
How Many Sparebanken Vest (OB:SVEG) Shares Do Institutions Own?

Is Sparebanken Vest (OB:SVEG) A Smart Choice For Dividend Investors?

Nov 24
Is Sparebanken Vest (OB:SVEG) A Smart Choice For Dividend Investors?

Shareholder Returns

SBNORNO BanksNO Market
7D6.8%3.6%1.9%
1Y21.0%33.6%1.3%

Return vs Industry: SBNOR underperformed the Norwegian Banks industry which returned 33.6% over the past year.

Return vs Market: SBNOR exceeded the Norwegian Market which returned 1.3% over the past year.

Price Volatility

Is SBNOR's price volatile compared to industry and market?
SBNOR volatility
SBNOR Average Weekly Movement4.3%
Banks Industry Average Movement4.0%
Market Average Movement6.3%
10% most volatile stocks in NO Market12.8%
10% least volatile stocks in NO Market3.6%

Stable Share Price: SBNOR has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SBNOR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1823840Jan Kjerpesethwww.spv.no

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in investment banking, trading in securities for professional investors, leasing and sales mortgage loans, and real estate agency business.

Sparebanken Norge Fundamentals Summary

How do Sparebanken Norge's earnings and revenue compare to its market cap?
SBNOR fundamental statistics
Market capNOK 16.69b
Earnings (TTM)NOK 1.87b
Revenue (TTM)NOK 7.79b
8.9x
P/E Ratio
0.7x
P/B Ratio

Is SBNOR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBNOR income statement (TTM)
RevenueNOK 7.79b
Cost of RevenueNOK 0
Gross ProfitNOK 7.79b
Other ExpensesNOK 5.92b
EarningsNOK 1.87b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 12, 2025

Earnings per share (EPS)17.04
Gross Margin100.00%
Net Profit Margin23.98%
Debt/Equity Ratio704.0%

How did SBNOR perform over the long term?

See historical performance and comparison

Dividends

5.6%
Current Dividend Yield
50%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/20 01:52
End of Day Share Price 2025/05/20 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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

Sparebanken Norge is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB