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Maritime & Merchant Bank OTCNO:MMBANK Stock Report

Last Price

NOK 15.00

Market Cap

NOK 1.2b

7D

0%

1Y

n/a

Updated

21 Nov, 2024

Data

Company Financials

Maritime & Merchant Bank ASA

OTCNO:MMBANK Stock Report

Market Cap: NOK 1.2b

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
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

Maritime & Merchant Bank ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Maritime & Merchant Bank
Historical stock prices
Current Share PriceNOK 15.00
52 Week HighNOK 0
52 Week LowNOK 0
Beta0.33
11 Month Change7.14%
3 Month Change9.09%
1 Year Changen/a
33 Year Change50.00%
5 Year Changen/a
Change since IPO27.12%

Recent News & Updates

Recent updates

Shareholder Returns

MMBANKNO BanksNO Market
7D0%0.8%3.1%
1Yn/a15.8%3.9%

Return vs Industry: Insufficient data to determine how MMBANK performed against the Norwegian Banks industry.

Return vs Market: Insufficient data to determine how MMBANK performed against the Norwegian Market.

Price Volatility

Is MMBANK's price volatile compared to industry and market?
MMBANK volatility
MMBANK Average Weekly Movementn/a
Banks Industry Average Movement2.7%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

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

FoundedEmployeesCEOWebsite
201325Halvor Sveenwww.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 accepts various deposits; and 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 capNOK 1.23b
Earnings (TTM)NOK 137.62m
Revenue (TTM)NOK 297.88m

8.9x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMBANK income statement (TTM)
RevenueUS$26.95m
Cost of RevenueUS$0
Gross ProfitUS$26.95m
Other ExpensesUS$14.50m
EarningsUS$12.45m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin100.00%
Net Profit Margin46.20%
Debt/Equity Ratio3.8%

How did MMBANK perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

41%

Payout Ratio