SpareBank 1 Sør-Norge ASA

SB1NO · OL · Financial Services / Banks - Regional

239.00NOK+1.00 (+0.42%)

Price History

Full chart

Market Stats

Previous Close238.00

Open238.00

Day Range237.75 – 240.00

52-Week Range159.49 – 236.50

Volume235.32K

Market Cap85.70B

P/E (TTM)13.67

Forward P/E12.30

EPS16.97

Dividend Yield5.27%

Beta0.53

50-Day Avg225.43

200-Day Avg208.47

About

SpareBank 1 Sør-Norge ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Norway. The company operates through Retail Market, Corporate Market, SME & Agriculture, and Other Activities segments. It offers savings, loans, insurance, and pension products. The company also provides account and payment, international cash management, foreign exchange, administrative securities, accounting, estate agency, HR, securities trading, and investment services; green loans; credit cards; consulting; commercial properties for leasing; and banking services. In addition, it facilitates and advises debt and equity funding; and sells real estate properties, homes, and commercial properties. Further, the company is involved in the customer trading of interest-rate instruments; and purchasing of home mortgages. It serves retail and corporate, SME, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. Inge Reinertsen
Employees1.84K
HeadquartersChristen Tranes Gate 35, Stavanger, Norway, 4007, Norway
Websitehttps://www.sparebank1.no/

Leadership

Mr. Inge ReinertsenChief Executive Officer · b. 1971
Mr. Eirik Boerve MonsenCFO and EVP of Economy, Finance & Sustainability · b. 1974
Ms. Ella SkjorestadExecutive VP of Market & Technology · b. 1980
Mr. Roger Lund AntonesenExecutive Vice President of Corporate Market · b. 1975
Ms. Marianne BakkeExecutive Vice President of Retail Market · b. 1976
Mr. Per HalvorsenAdvisor · b. 1962
Mr. Morten ForgaardVice President of Investor Relations
Mr. Nils Mikal HegrestadDirector of Credit and Legal
Ms. Gro TveitGroup Executive Vice President, People & Organisation · b. 1969
Mr. Kyrre M. KnudsenChief Economist & Head of Analysis

Financials

Income Statement

Currency: NOK	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	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	7.98B	6.41B	6.21B	6.59B	7.08B	7.67B	7.94B	7.17B	7.28B	7.48B	7.91B	9.41B	8.38B	7.79B	11.36B	20.83B	25.90B	13.04B
Growth (%)	-	-19.69%	-3.07%	+6.02%	+7.44%	+8.32%	+3.53%	-9.74%	+1.54%	+2.80%	+5.80%	+18.92%	-10.90%	-7.07%	+45.84%	+83.32%	+24.30%	-49.63%
Cost of Revenue	5.77B	3.34B	3.08B	3.53B	3.56B	3.52B	3.73B	3.16B	2.69B	2.58B	2.83B	3.76B	2.81B	1.82B	4.88B	12.38B	16.30B	-
Gross Profit	2.21B	3.07B	3.14B	3.06B	3.52B	4.14B	4.21B	4.01B	4.58B	4.89B	5.08B	5.66B	5.57B	5.97B	6.48B	8.46B	9.60B	-
Gross Margin	27.72%	47.93%	50.47%	46.41%	49.74%	54.03%	52.98%	55.92%	63.00%	65.44%	64.18%	60.09%	66.48%	76.68%	57.03%	40.58%	37.06%	-
Operating Expense	1.57B	1.64B	1.52B	1.56B	1.76B	1.80B	1.60B	1.86B	2.43B	2.29B	2.19B	1.84B	3.75B	2.14B	2.27B	2.78B	3.18B	-
Operating Income	643.00M	1.43B	1.61B	1.50B	1.76B	2.35B	2.60B	2.15B	2.16B	2.61B	2.89B	3.82B	1.82B	3.84B	4.21B	5.68B	6.42B	-
Operating Margin	8.05%	22.33%	25.97%	22.69%	24.88%	30.61%	32.76%	29.95%	29.66%	34.89%	36.54%	40.56%	21.72%	49.26%	37.06%	27.25%	24.77%	-
EBITDA	707.00M	1.50B	1.69B	1.57B	1.84B	2.42B	2.69B	2.22B	2.23B	2.68B	2.97B	3.95B	2.01B	4.01B	4.38B	5.84B	6.60B	-
EBITDA Margin	8.86%	23.41%	27.13%	23.90%	25.94%	31.52%	33.87%	31.02%	30.72%	35.88%	37.48%	41.93%	23.95%	51.50%	38.58%	28.05%	25.49%	-
Net Income	480.00M	1.11B	1.32B	1.08B	1.36B	1.86B	2.10B	1.75B	1.75B	2.09B	2.30B	3.12B	1.59B	3.16B	3.38B	4.47B	5.19B	6.69B
Net Income Margin	6.01%	17.33%	21.19%	16.41%	19.23%	24.26%	26.39%	24.37%	24.12%	27.89%	29.01%	33.20%	18.97%	40.50%	29.73%	21.48%	20.05%	51.31%
Interest Expense	5.77B	3.34B	3.08B	3.53B	3.56B	3.52B	3.73B	3.16B	2.69B	2.58B	2.83B	3.76B	2.81B	1.82B	4.88B	12.38B	16.30B	18.16B
Interest Expense % of Total Revenue	72.28%	52.07%	49.53%	53.59%	50.26%	45.97%	47.02%	44.08%	37.00%	34.56%	35.82%	39.91%	33.52%	23.32%	42.97%	59.42%	62.94%	139.19%

Balance Sheet

Currency: NOK	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	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	125.86B	124.91B	134.78B	131.14B	141.54B	156.99B	174.93B	192.05B	193.41B	216.62B	234.06B	255.90B	287.05B	304.40B	345.73B	362.19B	479.34B	513.05B
Total Liabilities	119.89B	116.84B	125.38B	121.39B	128.91B	142.93B	159.52B	175.13B	175.12B	196.73B	212.48B	231.06B	260.66B	277.22B	317.04B	328.63B	426.70B	457.55B
Total Equity	5.97B	8.07B	9.40B	9.76B	12.64B	14.06B	15.40B	16.91B	18.29B	19.89B	21.59B	24.83B	26.39B	27.18B	28.69B	33.56B	52.64B	55.50B
Cash	7.00B	781.00M	1.24B	263.00M	1.31B	1.26B	1.85B	931.00M	1.08B	207.00M	717.00M	104.00M	68.00M	78.00M	76.00M	88.00M	119.00M	121.00M
Total Debt	61.60B	50.25B	51.81B	46.14B	49.44B	60.07B	72.36B	79.78B	84.50B	95.60B	107.87B	120.95B	133.83B	134.87B	150.58B	161.73B	210.37B	-
Net Debt	54.60B	49.47B	50.58B	45.88B	48.12B	58.81B	70.51B	78.85B	83.42B	95.39B	107.15B	120.84B	133.76B	134.79B	150.50B	161.64B	210.25B	211.17B

Cash Flow

Currency: NOK	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	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	283.00M	1.02B	1.25B	4.58B	-1.52B	-6.71B	-4.05B	-5.33B	-6.03B	-9.09B	-9.61B	-10.43B	-2.35B	-7.43B	-15.65B	8.66B	-7.72B	10.03B
Investing Cash Flow	-522.00M	-202.91M	-47.64M	-717.00M	-233.00M	544.00M	893.00M	-841.00M	722.00M	837.00M	322.00M	103.00M	278.00M	-205.00M	100.00M	349.00M	-822.00M	1.00B
Financing Cash Flow	4.81B	-1.22B	-949.16M	-5.06B	3.19B	5.88B	4.61B	4.29B	7.59B	5.73B	9.88B	9.64B	3.44B	6.07B	16.39B	-8.35B	9.63B	-12.78B
Capital Expenditure	116.00M	16.43M	4.42M	103.00M	67.00M	73.00M	81.00M	208.00M	167.00M	156.00M	296.00M	379.00M	47.00M	177.00M	97.00M	124.00M	184.00M	208.00M
Free Cash Flow	167.00M	999.48M	1.25B	4.47B	-1.58B	-6.78B	-4.13B	-5.54B	-6.19B	-9.25B	-9.91B	-10.81B	-2.39B	-7.61B	-15.75B	8.54B	-7.90B	9.82B
Dividends Paid	337.00M	-	-	336.00M	299.00M	384.00M	409.00M	512.00M	384.00M	511.00M	1.09B	1.15B	-	2.20B	1.53B	1.79B	1.98B	3.19B
FCF to OCF	59.01%	98.38%	99.65%	97.75%	104.42%	101.09%	102.00%	103.90%	102.77%	101.72%	103.08%	103.63%	102.00%	102.38%	100.62%	98.57%	102.38%	97.93%
Dividend Paid to FCF	201.80%	-	-	7.51%	-18.88%	-5.66%	-9.91%	-9.24%	-6.20%	-5.53%	-10.97%	-10.65%	-	-28.90%	-9.75%	20.96%	-25.09%	32.48%

Earnings

Report Date	Mar 31, 2000	Jun 30, 2000	Sep 30, 2000	Dec 31, 2000	Mar 31, 2001	Jun 30, 2001	Sep 30, 2001	Dec 31, 2001	Mar 31, 2002	Jun 30, 2002	Sep 30, 2002	Dec 31, 2002	Mar 31, 2003	Jun 30, 2003	Sep 30, 2003	Feb 5, 2004	May 3, 2004	Aug 18, 2004	Oct 28, 2004	Feb 3, 2005	Apr 28, 2005	Aug 17, 2005	Oct 25, 2005	Feb 2, 2006	Apr 27, 2006	Aug 10, 2006	Oct 26, 2006	Feb 1, 2007	Apr 26, 2007	Aug 7, 2007	Oct 25, 2007	Feb 7, 2008	Apr 24, 2008	Aug 12, 2008	Oct 30, 2008	Feb 13, 2009	Apr 28, 2009	Aug 12, 2009	Oct 23, 2009	Feb 4, 2010	Apr 29, 2010	Aug 11, 2010	Oct 28, 2010	Feb 3, 2011	Apr 28, 2011	Aug 10, 2011	Oct 28, 2011	Feb 8, 2012	May 4, 2012	Aug 9, 2012	Nov 1, 2012	Feb 7, 2013	Apr 30, 2013	Aug 14, 2013	Oct 31, 2013	Feb 6, 2014	Apr 29, 2014	Aug 13, 2014	Oct 30, 2014	Feb 4, 2015	Apr 28, 2015	Aug 12, 2015	Oct 29, 2015	Feb 4, 2016	Apr 27, 2016	Oct 19, 2016	Feb 8, 2017	Apr 27, 2017	Aug 9, 2017	Oct 25, 2017	Feb 7, 2018	Apr 26, 2018	Aug 8, 2018	Oct 25, 2018	Feb 8, 2019	May 9, 2019	Aug 8, 2019	Oct 31, 2019	Feb 5, 2020	May 7, 2020	Aug 8, 2020	Oct 28, 2020	Feb 11, 2021	May 5, 2021	Aug 10, 2021	Oct 28, 2021	Feb 9, 2022	May 5, 2022	Aug 11, 2022	Oct 26, 2022	Feb 8, 2023	May 4, 2023	Aug 9, 2023	Oct 25, 2023	Feb 7, 2024	Apr 24, 2024	Aug 8, 2024	Oct 29, 2024	Feb 12, 2025	May 8, 2025	Aug 5, 2025	Oct 29, 2025	Feb 11, 2026	May 7, 2026	Aug 12, 2026	Oct 29, 2026	Feb 11, 2027
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.90	1.05	2.73	-	1.35	1.44	1.32	1.11	1.26	1.09	1.28	1.44	1.22	1.46	1.39	1.41	1.38	-0.04	-	-	1.27	1.54	1.41	1.58	1.51	1.40	1.39	1.34	1.21	1.19	1.44	1.14	1.19	1.11	1.30	1.60	1.74	1.73	1.91	1.84	1.88	1.67	1.71	1.80	1.55	1.46	1.44	1.64	1.52	1.70	1.82	-	2.06	2.04	2.15	2.32	2.11	2.33	2.88	2.58	2.54	0.49	1.37	1.80	2.01	2.20	2.73	2.80	2.71	2.82	-	2.82	3.14	3.53	3.61	3.90	3.94	4.50	4.38	5.11	3.66	3.86	4.26	3.80	3.96	4.00	4.01	4.33	4.21
EPS Actual	0.74	1.46	1.10	0.28	0.56	0.80	0.30	0.55	0.69	0.34	-0.61	-0.67	0.47	1.02	0.71	0.74	0.82	1.01	1.07	1.42	2.17	1.50	1.31	1.68	1.35	1.35	2.50	1.79	1.55	2.01	2.62	2.91	1.47	2.75	2.75	0.19	0.81	3.08	4.88	1.95	1.55	1.76	1.60	1.94	1.30	1.53	0.86	1.73	1.58	0.84	1.56	1.35	1.54	1.50	2.02	2.22	2.60	2.09	1.78	1.75	1.94	1.69	1.47	1.73	1.51	2.09	1.68	1.58	2.01	2.39	2.18	2.03	2.41	2.48	2.06	4.48	3.52	2.32	1.90	0.86	1.00	1.97	2.38	2.74	3.13	2.80	3.41	2.87	2.95	3.16	3.81	3.31	3.90	3.94	5.48	4.26	4.20	5.19	3.48	4.37	4.23	4.29	4.07	4.08	4.30	4.51	-
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.89%	35.24%	-20.51%	-	-2.96%	16.67%	2.27%	21.62%	98.41%	64.22%	21.09%	39.58%	114.75%	99.32%	5.76%	95.04%	99.28%	575.00%	-	-	284.25%	26.62%	9.93%	11.39%	5.96%	38.57%	-6.47%	14.18%	-28.93%	45.38%	9.72%	-26.32%	31.09%	21.62%	18.46%	-6.25%	16.09%	28.32%	36.13%	13.59%	-5.32%	4.79%	13.45%	-6.11%	-5.16%	18.49%	4.86%	27.44%	10.53%	-7.06%	10.44%	-	5.83%	-0.49%	12.09%	6.90%	-2.37%	92.27%	22.22%	-10.08%	-25.20%	75.51%	-27.01%	9.44%	18.41%	24.55%	14.65%	0.00%	25.83%	1.77%	-	12.06%	21.34%	-6.23%	8.03%	1.03%	39.09%	-5.33%	-4.11%	1.57%	-4.92%	13.21%	-0.70%	12.89%	2.78%	1.97%	7.23%	4.16%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	-	Pre-market	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	-	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap85.70B

Enterprise Value325.06B

Trailing P/E13.67

Forward P/E12.30

PEG Ratio2.86

Price / Sales6.41

Price / Book1.53

EPS16.97

Book Value137.47

Revenue (TTM)13.38B

Gross Profit (TTM)13.38B

Profit Margin49.53%

Operating Margin64.33%

Return on Equity12.16%

Return on Assets1.25%

Shares Outstanding369.38M

Shares Float284.91M

Beta0.53

Dividend Yield5.27%

Dividend Rate12.00

Payout Ratio70.76%

Dividends

20261×

12.00Apr 24, 2026

20251×

8.50Apr 25, 2025

20241×

7.50Apr 19, 2024

20231×

7.00Apr 14, 2023

20221×

6.00Apr 29, 2022

20212×

3.10Oct 6, 20215.50Mar 12, 2021

20191×

4.50Apr 25, 2019

20181×

4.25Apr 20, 2018

20171×

2.25Apr 21, 2017

20161×

1.50Apr 28, 2016

20151×

2.00Apr 29, 2015

20141×

1.60Apr 30, 2014

20131×

1.50Apr 26, 2013

20121×

1.50Mar 30, 2012

20111×

2.75Mar 25, 2011

Stock Splits

Oct 29, 20072:1
Apr 1, 20052:1