Jaeren Sparebank

JAREN · OL · Financial Services / Banks - Regional

335.00NOK-3.00 (-0.89%)

Price History

Full chart

Market Stats

Previous Close338.00

Open338.00

Day Range328.00 – 338.00

52-Week Range316.00 – 368.77

Volume460

Market Cap1.68B

P/E (TTM)11.64

Forward P/E8.06

EPS29.29

Dividend Yield5.87%

Beta0.14

50-Day Avg336.54

200-Day Avg347.83

About

Jæren Sparebank engages in providing banking and financial services to personal and agricultural customers as well as small/medium-sized businesses in Norway. The company operates through Private Market and Corporate Market. It offers checking and savings accounts; pension accounts; deposits; and refinancing services. The company also provides loans that include mortgage, mortgages for young people, construction loan, fixed-rate loans, proof of financing, moving mortgage, green mortgage, framework loan, refinancing of mortgages, cottage loan, and other types loans, such as refinancing consumer debt, car loan, consumer loans, and loans for motorcycles, motorhomes, and boats. In addition, it offers insurance brokerage services for cars and other vehicles, house and belonging, life and health, and animal insurance. Further, the company provides credit and debit cards and mobile payment solutions. The company was founded in 2015 and is headquartered in Bryne, Norway.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. Per Bergstad
Employees104
HeadquartersJernbanegata 6, Bryne, Norway, 4340, Norway
Websitehttps://www.jaerensparebank.no

Leadership

Mr. Per BergstadChief Executive Officer
Mr. Klas StølsnesDirector of Economics & Finance
Ms. Elisabeth FrøylandDirector of Risk Management & Compliance
Mr. Jonathan Garrett Wanger SunnarvikDeputy CEO & Director of Legal and Corporate Functions

Financials

Income Statement

Currency: NOK	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	320.06M	312.15M	355.72M	336.29M	348.73M	405.94M	504.86M	551.75M	585.79M
Growth (%)	-	-	-2.47%	+13.96%	-5.46%	+3.70%	+16.40%	+24.37%	+9.29%	+6.17%
Net Income	139.82M	119.53M	120.88M	153.79M	111.67M	151.24M	186.65M	239.14M	275.06M	307.21M
Net Income Margin	-	37.35%	38.72%	43.23%	33.21%	43.37%	45.98%	47.37%	49.85%	52.44%
Interest Expense	-	0	154.16M	192.29M	147.35M	95.09M	199.39M	452.41M	601.11M	662.53M
Interest Expense % of Total Revenue	-	0.00%	49.39%	54.06%	43.82%	27.27%	49.12%	89.61%	108.95%	113.10%

Balance Sheet

Currency: NOK	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	13.04B	13.68B	14.03B	14.51B	15.13B	15.89B	16.71B	17.40B	18.85B	20.94B
Total Liabilities	11.58B	12.15B	12.27B	12.63B	13.15B	13.78B	14.40B	14.88B	16.24B	18.13B
Total Equity	1.46B	1.53B	1.77B	1.89B	1.98B	2.11B	2.31B	2.52B	2.61B	2.81B
Cash	-	83.59M	84.16M	80.83M	80.70M	86.30M	81.27M	32.76M	32.87M	32.52M
Net Debt	-	3.39B	3.40B	3.21B	3.13B	3.27B	3.37B	3.47B	3.79B	4.40B

Cash Flow

Currency: NOK	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	117.19M	126.83M	127.92M	176.71M	137.74M	157.51M	119.15M	35.31M	-127.14M	-294.64M
Investing Cash Flow	-10.84M	-20.10M	-51.73M	-50.05M	-299.58M	-25.37M	-61.55M	16.26M	-42.46M	-122.24M
Financing Cash Flow	-105.99M	-103.08M	-75.62M	-129.98M	161.72M	-126.54M	-62.63M	-27.65M	169.71M	416.53M
Capital Expenditure	466.00K	2.57M	512.00K	323.00K	1.87M	10.10M	1.93M	9.50M	7.48M	7.87M
Free Cash Flow	-	124.26M	127.41M	173.27M	135.87M	147.41M	55.07M	25.81M	-134.62M	-302.51M
Dividends Paid	14.80M	29.59M	29.59M	36.99M	36.99M	36.99M	103.78M	118.09M	144.09M	179.44M
FCF to OCF	-	97.97%	99.60%	98.05%	98.64%	93.59%	46.22%	73.09%	105.88%	102.67%
Dividend Paid to FCF	-	23.82%	23.23%	21.35%	27.23%	25.10%	188.45%	457.53%	-107.03%	-59.32%

Earnings

Report Date	Mar 31, 2009	Jun 30, 2009	Sep 30, 2009	Dec 31, 2009	Feb 27, 2013	May 29, 2013	Aug 28, 2013	Nov 27, 2013	Feb 26, 2014	May 15, 2014	Aug 14, 2014	Nov 6, 2014	Feb 12, 2015	May 11, 2015	Aug 13, 2015	Nov 12, 2015	Feb 11, 2016	May 12, 2016	Aug 11, 2016	Nov 10, 2016	Feb 10, 2017	May 12, 2017	Aug 11, 2017	Nov 10, 2017	Feb 8, 2018	May 9, 2018	Aug 17, 2018	Nov 15, 2018	Feb 14, 2019	May 15, 2019	Aug 15, 2019	Nov 14, 2019	Feb 13, 2020	May 14, 2020	Aug 12, 2020	Nov 11, 2020	Feb 9, 2021	May 12, 2021	Aug 11, 2021	Nov 10, 2021	Feb 10, 2022	May 11, 2022	Aug 10, 2022	Nov 9, 2022	Feb 7, 2023	May 10, 2023	Aug 9, 2023	Nov 9, 2023	Feb 13, 2024	May 8, 2024	Aug 15, 2024	Nov 14, 2024	Mar 13, 2025	May 15, 2025	Aug 14, 2025	Nov 6, 2025	Feb 12, 2026	May 13, 2026	Aug 12, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	3.04	3.01	2.57	4.41	2.57	2.69	2.38	4.25	2.36	2.49	2.29	5.43	2.60	2.72	2.02	4.74	3.03	2.86	3.07	5.37	3.24	3.47	2.83	6.23	2.94	2.99	2.92	5.41	3.40	3.48	3.51	7.43	4.02	3.98	4.90	8.91	5.21	5.25	6.26	10.10	5.39	5.41	6.55	11.53	6.66	5.75	6.37	9.23
EPS Actual	1.47	6.02	8.47	-1.19	2.19	7.60	11.31	9.79	12.22	3.43	5.72	3.00	2.72	2.40	5.38	1.30	1.40	2.10	5.60	3.80	4.70	3.10	5.00	3.40	2.10	2.90	5.50	2.90	2.00	3.20	6.10	3.70	3.58	1.50	5.90	3.10	2.80	2.80	6.20	2.90	3.60	2.90	7.90	4.90	3.50	4.70	9.30	5.30	4.70	6.00	10.30	6.30	5.10	5.60	12.80	6.00	6.70	5.20	11.40
Surprise	-	-	-	-	-	-	-	-	-	-	-	-1.32%	-9.67%	-6.61%	22.00%	-49.42%	-47.96%	-11.76%	31.76%	61.02%	88.75%	35.37%	-7.92%	30.77%	-22.79%	43.56%	16.03%	-4.29%	-30.07%	4.23%	13.59%	14.20%	3.17%	-47.00%	-5.30%	5.44%	-6.35%	-4.11%	14.60%	-14.71%	3.45%	-17.38%	6.33%	21.89%	-12.06%	-4.08%	4.38%	1.73%	-10.48%	-4.15%	1.98%	16.88%	-5.73%	-14.50%	11.01%	-9.91%	16.52%	-18.37%	23.51%
Timing	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours

Key Statistics & Ratios

Market Cap1.68B

Enterprise Value6.16B

Trailing P/E11.64

Forward P/E8.06

Price / Sales2.92

Price / Book0.60

EPS29.29

Book Value530.74

Revenue (TTM)575.24M

Gross Profit (TTM)575.24M

Profit Margin50.33%

Operating Margin64.82%

Return on Equity10.77%

Return on Assets1.38%

Shares Outstanding4.92M

Shares Float1.28M

Beta0.14

Dividend Yield5.87%

Dividend Rate20.00

Payout Ratio68.26%

Dividends

20261×

20.00Mar 27, 2026

20251×

20.00Apr 11, 2025

20241×

16.00Apr 5, 2024

20231×

12.50Mar 31, 2023

20221×

11.00Apr 1, 2022

20211×

7.50Mar 26, 2021

20201×

7.50Apr 1, 2020

20191×

7.50Mar 29, 2019

20181×

6.00Mar 23, 2018

20171×

6.00Mar 31, 2017

20161×

3.00Mar 18, 2016

20151×

3.70Mar 27, 2015

20141×

3.60Apr 1, 2014

20131×

3.00Mar 22, 2013

20111×

1.10Mar 4, 2011

20081×

5.40Feb 27, 2008