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Haugesund Sparebank

Haugesund Sparebank

HGSB · OL · Financial Services / Banks - Regional

157.42NOK+2.42 (+1.56%)

Price History

Full chart

Market Stats

Previous Close155.00
Open157.42
Day Range157.42 – 157.42
52-Week Range143.61 – 178.55
Volume1
Market Cap827.80M
P/E (TTM)22.90
Forward P/E0.00
EPS6.90
Dividend Yield6.39%
Beta-0.28
50-Day Avg159.02
200-Day Avg161.63

About

Haugesund Sparebank, a savings bank, provides various financial products and services to individuals and corporate customers in Norway. Offers current, deposit, and personal accounts, as well as mortgage, 55 percent, construction, fixed-rate, cottage, car, consumer, and framework loans; refinancing of mortgages and consumer debt; and loans for motorcycles, motorhomes, boats, and ATVs. It also provides ATMs, debit and credit cards, mobile payment, mobile and online banking, and in-store cash services; car, travel, home, contents, child, electric scooter, dog, and valuables insurance products; and savings and retirement solutions. The company was incorporated in 1928 and is based in Haugesund, Norway.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Torstein Langeland
  • Employees88
  • HeadquartersSmedasundet 77, Haugesund, Norway, 5528, Norway
  • Websitehttps://www.haugesund-sparebank.no

Leadership

  • Mr. Steffen NæssHead of Finance & Economics · b. 1979
  • Thor KrukhaugMember of the Board
  • Paal NebylienEmployee Representative Member of the Board
  • Anne Marit Helgevold HeggeboMember of the Board
  • Ms. Torunn NodlandEmployee Representative Member of Board
  • Audun MagnussenMember of the Board
  • Ms. Lillian Medby MorisbakHead of Communications, Technology & Customer Experience · b. 1977
  • Mr. Nils SkiftestadHead of Risk Management & Compliance · b. 1971
  • Mr. Torstein LangelandDeputy Chief Executive Officer · b. 1964
  • Rolf LillehammerHead of Retail Market

Financials

Income Statement

Currency: NOK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue257.92M261.54M362.28M466.32M765.24M959.18M483.77M
Growth (%)-+1.40%+38.52%+28.72%+64.10%+25.34%-49.56%
Cost of Revenue--66.94M151.23M370.53M531.78M-
Gross Profit257.92M261.54M295.34M315.09M394.71M427.39M-
Gross Margin100.00%100.00%81.52%67.57%51.58%44.56%-
Operating Expense110.38M62.18M137.98M168.79M190.74M227.50M-
Operating Income147.54M199.36M157.36M146.30M203.97M199.89M-
Operating Margin57.20%76.23%43.44%31.37%26.65%20.84%-
EBITDA147.54M199.36M7.57B151.92M214.81M207.91M-
EBITDA Margin57.20%76.23%2090.37%32.58%28.07%21.68%-
Net Income101.64M117.94M125.33M114.29M154.82M158.57M188.94M
Net Income Margin39.41%45.10%34.59%24.51%20.23%16.53%39.06%
Interest Expense--66.94M151.23M370.53M531.78M600.09M
Interest Expense % of Total Revenue--18.48%32.43%48.42%55.44%124.04%

Balance Sheet

Currency: NOK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.03B12.12B12.86B13.79B14.52B16.06B20.44B
Total Liabilities9.75B10.58B11.21B12.01B12.59B13.98B17.68B
Total Equity1.29B1.55B1.65B1.78B1.93B2.09B2.76B
Cash281.86M379.14M78.66M79.67M83.15M78.91M238.93M
Total Debt1.71B2.11B2.08B3.06B3.70B4.20B-
Net Debt1.43B1.73B2.00B2.98B3.61B4.12B4.48B

Cash Flow

Currency: NOK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-314.79M-485.87M114.16B-844.74M-796.45M-11.99M-74.14M
Investing Cash Flow-27.53M-3.56M153.21B-111.23M123.65M-152.33M-
Financing Cash Flow-195.85M746.11M-299.07B983.33M631.95M228.74M-
Capital Expenditure5.85M3.56M3.18B4.29M3.31M905.00K4.62M
Free Cash Flow-320.64M-489.43M126.76B-849.03M-799.76M-12.89M-78.76M
Dividends Paid8.13M7.88M13.50B14.63M14.63M18.45M28.13M
FCF to OCF101.86%100.73%111.04%100.51%100.42%107.55%106.23%
Dividend Paid to FCF-2.53%-1.61%10.65%-1.72%-1.83%-143.11%-35.71%

Earnings

Report DateAug 14, 2024Nov 15, 2024Feb 14, 2025May 15, 2025Aug 15, 2025Nov 13, 2025Feb 13, 2026May 13, 2026Aug 13, 2026
EPS Estimate3.142.362.061.164.521.262.152.473.03
EPS Actual2.663.462.663.364.012.144.162.122.86
Surprise-15.29%46.61%29.13%189.66%-11.28%69.84%93.49%-14.17%-5.61%
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap827.80M
Enterprise Value4.03B
Trailing P/E22.90
Forward P/E0.00
Price / Sales1.66
Price / Book0.30
EPS6.90
Book Value500.53
Revenue (TTM)499.67M
Gross Profit (TTM)499.67M
Profit Margin41.82%
Operating Margin63.92%
Return on Equity8.40%
Return on Assets1.09%
Shares Outstanding5.24M
Shares Float4.37M
Beta-0.28
Dividend Yield6.39%
Dividend Rate10.10
Payout Ratio89.54%

Dividends

20261×
10.10Apr 23, 2026
20251×
12.50Mar 21, 2025