Maritime & Merchant Bank (MMBANK) Stock Overview

A private bank, provides first-priority mortgages to the shipping and offshore services industry in Norway and internationally. More details

MMBANK fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Profit margins (28.3%) are lower than last year (46.2%)

MMBANK Community Fair Values

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Maritime & Merchant Bank ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Maritime & Merchant Bank
Historical stock prices
Current Share Price	NOK 17.50
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	-0.13
1 Month Change	6.06%
3 Month Change	n/a
1 Year Change	12.90%
3 Year Change	n/a
5 Year Change	133.33%
Change since IPO	48.31%

Recent updates

Shareholder Returns

	MMBANK	NO Banks	NO Market
7D	0%	-1.9%	-0.9%
1Y	12.9%	17.5%	9.9%

Return vs Industry: MMBANK underperformed the Norwegian Banks industry which returned 17.5% over the past year.

Return vs Market: MMBANK exceeded the Norwegian Market which returned 10% over the past year.

Price Volatility

Is MMBANK's price volatile compared to industry and market?
MMBANK volatility
MMBANK Average Weekly Movement	n/a
Banks Industry Average Movement	3.1%
Market Average Movement	4.7%
10% most volatile stocks in NO Market	11.0%
10% least volatile stocks in NO Market	2.8%

Stable Share Price: MMBANK's share price has been volatile over the past 3 months compared to the Norwegian market.

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

About the Company

Founded	Employees	CEO	Website
2013	27	Halvor Sveen	www.mmbank.no

Maritime & Merchant Bank ASA, a private bank, provides first-priority mortgages to the shipping and offshore services industry in Norway and internationally. The company offers term loans for LNG and LPG carriers, dry bulk carriers, multipurpose vessels, containerships, car and truck carriers, and offshore support vessels, as well as crude, product, and chemical tankers. It serves shipowners and investors from maritime and financial hubs.

Maritime & Merchant Bank ASA Fundamentals Summary

How do Maritime & Merchant Bank's earnings and revenue compare to its market cap?
MMBANK fundamental statistics
Market cap	NOK 1.43b
Earnings (TTM)	NOK 58.17m
Revenue (TTM)	NOK 205.69m

24.6x

P/E Ratio

1.0x

P/B Ratio

Is MMBANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMBANK income statement (TTM)
Revenue	US$21.04m
Cost of Revenue	US$0
Gross Profit	US$21.04m
Other Expenses	US$15.09m
Earnings	US$5.95m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0.073
Gross Margin	100.00%
Net Profit Margin	28.28%
Debt/Equity Ratio	11.9%

How did MMBANK perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/24 03:55
End of Day Share Price	2025/12/30 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Maritime & Merchant Bank ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Maritime & Merchant Bank ASAOTCNO:MMBANK Stock Report