Maritime & Merchant Bank ASA

OTCNO:MMBANK Stock Report

Market Cap: NOK 1.2b

Maritime & Merchant Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Halvor Sveen

Chief executive officer

US$567.0k

Total compensation

CEO salary percentage88.8%
CEO tenureno data
CEO ownership0.03%
Management average tenureless than a year
Board average tenureno data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Halvor Sveen's remuneration changed compared to Maritime & Merchant Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$12m

Jun 30 2024n/an/a

US$12m

Mar 31 2024n/an/a

US$13m

Dec 31 2023US$567kUS$503k

US$13m

Sep 30 2023n/an/a

US$10m

Jun 30 2023n/an/a

US$10m

Mar 31 2023n/an/a

US$9m

Dec 31 2022US$511kUS$470k

US$7m

Sep 30 2022n/an/a

US$8m

Jun 30 2022n/an/a

US$7m

Mar 31 2022n/an/a

US$5m

Dec 31 2021US$549kUS$506k

US$5m

Sep 30 2021n/an/a

US$7m

Jun 30 2021n/an/a

US$6m

Mar 31 2021n/an/a

US$6m

Dec 31 2020US$457kUS$455k

US$5m

Sep 30 2020n/an/a

US$6m

Jun 30 2020n/an/a

US$5m

Mar 31 2020n/an/a

US$7m

Dec 31 2019US$449kUS$410k

US$8m

Sep 30 2019n/an/a

US$4m

Jun 30 2019n/an/a

US$4m

Mar 31 2019n/an/a

US$2m

Dec 31 2018US$485kUS$427k

-US$337k

Compensation vs Market: Halvor's total compensation ($USD567.03K) is above average for companies of similar size in the Norwegian market ($USD284.90K).

Compensation vs Earnings: Halvor's compensation has been consistent with company performance over the past year.


CEO

Halvor Sveen

no data

Tenure

US$567,025

Compensation

Mr. Halvor Sveen serves as Chief Executive Officer at Maritime & Merchant Bank ASA (formerly known as Maritime & Merchant As)A. Mr. Sveen served as Director of Market-Grieg Shipping Group at Grieg Maturita...


Leadership Team

NamePositionTenureCompensationOwnership
Halvor Sveen
Chief Executive Officerno dataUS$567.03k0.026%
NOK 324.4k
Tor Stenumgard
Chief Financial Officerno dataUS$348.13kno data
Lars Fossen
Chief Risk & Compliance Officer and Deputy CEOno dataUS$379.14kno data
Linda Hoff
Chief Credit Officer3.7yrsUS$274.40kno data
Bjorn Havsgard
Executive Vice President of Credit & Business Developmentless than a yearno datano data
Stian Svennebye
Senior Vice President & Co-Head Client Relationsno datano datano data
Kari Trondsen
Senior Vice President & Co-Head Client Relationsless than a yearno datano data

0.9yrs

Average Tenure

Experienced Management: MMBANK's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:53
End of Day Share Price 2024/11/13 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.

AnalystInstitution