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SPRB.F Stock Overview

Provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. More details

SPRB.F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 45.4% below our estimate of its fair value

Earnings are forecast to grow 16.17% per year

Earnings grew by 16.1% over the past year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

SpareBank 1 Østlandet Competitors

Bank of N.T. Butterfield & Son

NYSE:NTB

US$1.6b

Inter & Co

NasdaqGS:INTR

US$1.9b

Comerica

NYSE:CMA

US$8.3b

FineMark Holdings

OTCPK:FNBT

US$322.4m

Price History & Performance

Summary of share price highs, lows and changes for SpareBank 1 Østlandet
Historical stock prices
Current Share Price	NOK 12.26
52 Week High	NOK 12.26
52 Week Low	NOK 12.26
Beta	0.59
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.51%

Recent updates

Shareholder Returns

	SPRB.F	US Banks	US Market
7D	0%	1.7%	0.7%
1Y	n/a	30.8%	23.9%

Return vs Industry: Insufficient data to determine how SPRB.F performed against the US Banks industry.

Return vs Market: Insufficient data to determine how SPRB.F performed against the US Market.

Price Volatility

Is SPRB.F's price volatile compared to industry and market?
SPRB.F volatility
SPRB.F Average Weekly Movement	n/a
Banks Industry Average Movement	5.1%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.7%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
1845	1,147	Richard Heiberg	www.sparebank1.no/en/ostlandet/personal.html

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services.

SpareBank 1 Østlandet Fundamentals Summary

How do SpareBank 1 Østlandet's earnings and revenue compare to its market cap?
SPRB.F fundamental statistics
Market cap	US$1.41b
Earnings (TTM)	US$144.73m
Revenue (TTM)	US$459.66m

9.7x

P/E Ratio

0.8x

P/B Ratio

Is SPRB.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPRB.F income statement (TTM)
Revenue	NOK 4.91b
Cost of Revenue	NOK 0
Gross Profit	NOK 4.91b
Other Expenses	NOK 3.36b
Earnings	NOK 1.55b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Oct 27, 2023

Earnings per share (EPS)	13.35
Gross Margin	100.00%
Net Profit Margin	31.49%
Debt/Equity Ratio	242.8%

How did SPRB.F perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

51%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/12 07:45
End of Day Share Price	2023/06/15 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

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 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

SpareBank 1 Østlandet is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Håkon Astrup	DNB Markets
Žilvinas Jusaitis	Norne Securities AS
Vegard Toverud	Pareto Securities

SpareBank 1 Østlandet OTCPK:SPRB.F Stock Report