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Market Cap

kr223.2m

Last Updated

2021/05/07 21:15 UTC

Data Sources

Company Financials +

Executive Summary

Aprila Bank ASA provides various commercial banking services in Norway. More Details


Snowflake Analysis

Exceptional growth potential with excellent balance sheet.

Share Price & News

How has Aprila Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine APRILA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine APRILA's volatility change over the past year.


Market Performance


7 Day Return

0%

APRILA

2.5%

NO Banks

0.6%

NO Market


1 Year Return

-50.0%

APRILA

54.6%

NO Banks

37.3%

NO Market

Return vs Industry: APRILA underperformed the Norwegian Banks industry which returned 53.3% over the past year.

Return vs Market: APRILA underperformed the Norwegian Market which returned 35.9% over the past year.


Shareholder returns

APRILAIndustryMarket
7 Day0%2.5%0.6%
30 Day4.2%2.7%0.9%
90 Day-33.3%10.1%5.2%
1 Year-50.0%-50.0%61.4%54.6%43.2%37.3%
3 Yearn/a34.8%21.9%14.0%1.4%
5 Yearn/a128.1%89.6%79.6%46.4%

Long-Term Price Volatility Vs. Market

How volatile is Aprila Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Aprila Bank undervalued compared to its fair value and its price relative to the market?

1.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate APRILA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate APRILA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: APRILA is unprofitable, so we can't compare its PE Ratio to the NO Banks industry average.

PE vs Market: APRILA is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate APRILA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: APRILA is overvalued based on its PB Ratio (2x) compared to the NO Banks industry average (0.6x).


Future Growth

How is Aprila Bank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

77.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APRILA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: APRILA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: APRILA's is expected to become profitable in the next 3 years.

Revenue vs Market: APRILA's revenue (55.6% per year) is forecast to grow faster than the Norwegian market (5.4% per year).

High Growth Revenue: APRILA's revenue (55.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: APRILA's Return on Equity is forecast to be high in 3 years time (33%)


Past Performance

How has Aprila Bank performed over the past 5 years?

-41.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: APRILA is currently unprofitable.

Growing Profit Margin: APRILA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if APRILA's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare APRILA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APRILA is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (3.3%).


Return on Equity

High ROE: APRILA has a negative Return on Equity (-45.86%), as it is currently unprofitable.


Financial Health

How is Aprila Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: APRILA's Assets to Equity ratio (3.9x) is low.

Allowance for Bad Loans: APRILA has a sufficient allowance for bad loans (109%).

Low Risk Liabilities: 95% of APRILA's liabilities are made up of primarily low risk sources of funding.

Loan Level: APRILA has an appropriate level of Loans to Assets ratio (40%).

Low Risk Deposits: APRILA's Loans to Deposits ratio (57%) is appropriate.

Level of Bad Loans: APRILA has a high level of bad loans (2.9%).


Dividend

What is Aprila Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate APRILA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate APRILA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if APRILA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if APRILA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of APRILA's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Halvor Lande

1.75yrs

Tenure

kr869,000

Compensation

Mr. Halvor Sannes Lande has been Chief Executive Officer of Aprila Bank ASA since August 01, 2019 and also serves as it's Executive Director. Mr. Lande served as Executive Vice President for IT transformat...


CEO Compensation Analysis

Compensation vs Market: Halvor's total compensation ($USD104.51K) is below average for companies of similar size in the Norwegian market ($USD342.41K).

Compensation vs Earnings: Insufficient data to compare Halvor's compensation with company performance.


Leadership Team

Experienced Management: APRILA's management team is considered experienced (3.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.1%.


Top Shareholders

Company Information

Aprila Bank ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aprila Bank ASA
  • Ticker: APRILA
  • Exchange: OTCNO
  • Founded: 2018
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: kr223.155m
  • Shares outstanding: 44.63m
  • Website: https://www.aprila.no

Location

  • Aprila Bank ASA
  • Kirkegata 5
  • Oslo
  • Oslo
  • 153
  • Norway

Listings


Biography

Aprila Bank ASA provides various commercial banking services in Norway. It also develops digital and automated financing solution for small and medium-sized enterprises, including Aprila Invoice Sales that...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 21:15
End of Day Share Price2021/04/29 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.