company background image
SVEG logo

Sparebanken Vest OB:SVEG Stock Report

Last Price

kr127.18

Market Cap

kr13.9b

7D

-1.0%

1Y

34.6%

Updated

22 May, 2024

Data

Company Financials +

SVEG Stock Overview

A financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway.

SVEG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends4/6

Sparebanken Vest Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sparebanken Vest
Historical stock prices
Current Share Pricekr127.18
52 Week Highkr132.00
52 Week Lowkr93.40
Beta0.79
1 Month Change4.37%
3 Month Change9.26%
1 Year Change34.58%
3 Year Change46.86%
5 Year Change139.06%
Change since IPO148.16%

Recent News & Updates

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

Recent updates

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

SVEGNO BanksNO Market
7D-1.0%-1.5%-0.2%
1Y34.6%8.4%7.7%

Return vs Industry: SVEG exceeded the Norwegian Banks industry which returned 8.4% over the past year.

Return vs Market: SVEG exceeded the Norwegian Market which returned 7.7% over the past year.

Price Volatility

Is SVEG's price volatile compared to industry and market?
SVEG volatility
SVEG Average Weekly Movement3.0%
Banks Industry Average Movement3.1%
Market Average Movement4.9%
10% most volatile stocks in NO Market10.4%
10% least volatile stocks in NO Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1823776Jan 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 home mortgage activities.

Sparebanken Vest Fundamentals Summary

How do Sparebanken Vest's earnings and revenue compare to its market cap?
SVEG fundamental statistics
Market capkr13.95b
Earnings (TTM)kr1.40b
Revenue (TTM)kr6.19b

10.0x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SVEG income statement (TTM)
Revenuekr6.19b
Cost of Revenuekr0
Gross Profitkr6.19b
Other Expenseskr4.80b
Earningskr1.40b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 13, 2024

Earnings per share (EPS)12.74
Gross Margin100.00%
Net Profit Margin22.56%
Debt/Equity Ratio665.0%

How did SVEG perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

59%

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.