Sparebanken Vest

SBNOR · OL · Financial Services / Banks - Regional

207.65NOK-0.25 (-0.12%)

Price History

Full chart

Market Stats

Previous Close207.90

Open208.50

Day Range207.35 – 209.00

52-Week Range158.46 – 216.45

Volume77.97K

Market Cap36.09B

P/E (TTM)9.77

Forward P/E11.88

EPS21.37

Dividend Yield5.75%

Beta0.40

50-Day Avg204.47

200-Day Avg197.87

About

Sparebanken Norge, a financial services company, provides banking and financing services. The company is involved in investment banking; trading in securities for professional investors; leasing and selling mortgage loans; and real estate agency business. It serves retail and commercial markets, as well as the public sector in Southern, Western, and Eastern Norway. Sparebanken Norge was founded in 1823 and is headquartered in Bergen, Norway.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. Jan Erik Kjerpeseth
Employees1.65K
HeadquartersJonsvollsgaten 2, Bergen, Norway, 5011, Norway
Websitehttps://www.sbnorge.no

Leadership

Mr. Jan Erik KjerpesethExecutive VP, MD & CEO · b. 1971
Mr. Hans Olav IngdalExecutive Vice President, CFO, Finance & Corporate Governance · b. 1979
Terje MjeldeHead of Management Accounting
Ms. Siren SundlandExecutive Vice President Technology & Development · b. 1971
Mr. Lars Ove BreivikChief Information Officer & Head of Communication
Monica Galtung DøsvigHead of Legal
Mr. Brede Borgen KristiansenChief Compliance Officer
Ingrid PaascheMarketing Manager
Mr. Jan-Stale HatlebakkExecutive VP, Head of Risk Management & CRO · b. 1974
Mr. Simen Løland AarskogExecutive Vice President of Head of Retail Markets & Central · b. 1983

Financials

Income Statement

Currency: NOK	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	4.18B	4.99B	6.08B	7.34B	11.53B
Growth (%)	-	+19.45%	+21.81%	+20.77%	+56.91%
Net Income	2.51B	2.82B	3.54B	4.65B	6.49B
Net Income Margin	60.12%	56.42%	58.27%	63.34%	56.32%
Interest Expense	1.14B	3.59B	9.13B	12.61B	18.40B
Interest Expense % of Total Revenue	27.34%	71.96%	150.13%	171.65%	159.62%

Balance Sheet

Currency: NOK	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	234.57B	263.81B	306.50B	338.17B	581.72B
Total Liabilities	214.76B	241.92B	283.07B	312.05B	528.16B
Total Equity	19.81B	21.89B	23.42B	26.12B	53.56B
Cash	334.00M	143.00M	387.00M	483.00M	86.00M
Net Debt	90.64B	102.45B	127.69B	116.71B	285.22B

Cash Flow

Currency: NOK	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	2.16B	2.38B	3.79B	4.43B	6.95B
Investing Cash Flow	-	-26.91B	-38.88B	-28.80B	-32.25B
Financing Cash Flow	-	24.34B	35.34B	24.47B	24.91B
Capital Expenditure	93.00M	123.00M	107.00M	72.00M	88.00M
Free Cash Flow	2.06B	2.26B	3.68B	4.36B	6.86B
Dividends Paid	908.00M	1.03B	1.93B	2.67B	2.32B
FCF to OCF	95.69%	94.83%	97.18%	98.35%	98.73%
Dividend Paid to FCF	44.01%	45.53%	52.47%	61.38%	33.85%

Earnings

Report Date	Oct 29, 2004	Jan 27, 2005	Oct 20, 2005	Apr 27, 2006	Oct 26, 2006	Jan 25, 2007	Apr 26, 2007	Oct 24, 2007	Jan 24, 2008	Apr 23, 2008	Aug 13, 2008	Jan 28, 2009	Aug 20, 2009	Feb 4, 2010	Apr 28, 2010	Oct 27, 2010	Feb 22, 2011	Oct 26, 2011	Feb 15, 2012	Oct 24, 2012	Mar 5, 2013	Oct 22, 2013	Feb 6, 2014	Apr 29, 2014	Aug 21, 2014	Feb 4, 2015	Apr 28, 2015	Oct 26, 2015	Feb 2, 2016	Apr 28, 2016	Aug 18, 2016	Feb 1, 2017	May 2, 2017	Aug 9, 2017	Jan 31, 2018	May 9, 2018	Aug 15, 2018	Jan 30, 2019	May 8, 2019	Aug 14, 2019	Nov 1, 2019	Jan 30, 2020	May 7, 2020	Aug 13, 2020	Feb 10, 2021	May 6, 2021	Aug 11, 2021	Oct 28, 2021	Feb 1, 2022	May 5, 2022	Aug 10, 2022	Oct 26, 2022	Feb 1, 2023	May 3, 2023	Aug 9, 2023	Oct 25, 2023	Jan 31, 2024	Apr 28, 2024	Aug 13, 2024	Oct 30, 2024	Feb 6, 2025	Apr 30, 2025	Aug 10, 2025	Nov 5, 2025	Jan 29, 2026	Apr 30, 2026	Aug 10, 2026	Oct 29, 2026	Feb 5, 2027
EPS Estimate	1.65	1.05	2.65	2.13	2.60	2.16	2.17	2.10	1.93	1.25	1.35	0.02	0.99	1.22	1.25	1.21	1.08	0.96	1.24	1.40	1.50	1.63	1.58	1.64	1.80	1.51	1.84	1.33	1.62	1.00	1.12	1.07	1.12	1.32	1.41	1.35	1.30	1.39	1.53	1.65	1.72	1.64	1.25	1.56	1.86	1.84	1.87	2.03	2.18	2.19	2.04	2.15	2.47	3.30	2.79	2.91	3.28	4.32	3.55	3.98	3.89	4.65	3.44	3.73	3.60	4.38	3.59	3.65	3.57
EPS Actual	1.76	1.06	2.87	2.36	3.50	2.78	2.25	2.56	2.82	1.06	1.50	-0.09	1.60	1.40	1.77	1.32	1.12	0.73	1.24	1.56	2.39	1.85	1.33	2.66	1.55	1.79	1.70	1.31	1.54	0.99	1.73	1.08	1.26	1.28	1.36	1.22	1.84	1.46	1.48	2.42	1.80	1.76	1.12	1.79	2.85	2.05	2.17	2.31	2.62	2.77	2.07	3.11	2.34	3.14	2.84	3.18	3.60	4.40	3.93	4.45	3.87	4.78	4.33	4.01	3.90	4.48	3.87	3.66	-
Surprise	6.67%	0.95%	8.30%	10.80%	34.62%	28.70%	3.69%	21.90%	46.11%	-15.20%	11.11%	-550.00%	61.62%	14.75%	41.60%	9.09%	3.70%	-23.96%	0.00%	11.43%	59.33%	13.50%	-15.82%	62.20%	-13.89%	18.54%	-7.61%	-1.50%	-4.94%	-1.00%	54.46%	0.93%	12.50%	-3.03%	-3.55%	-9.63%	41.54%	5.04%	-3.27%	46.67%	4.65%	7.32%	-10.40%	14.74%	53.23%	11.41%	16.04%	13.79%	20.18%	26.48%	1.47%	44.65%	-5.26%	-4.85%	1.79%	9.28%	9.76%	1.85%	10.70%	11.81%	-0.51%	2.80%	25.87%	7.51%	8.33%	2.28%	7.80%	0.27%	-
Timing	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	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	-	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market

Key Statistics & Ratios

Market Cap36.09B

Enterprise Value344.72B

Trailing P/E9.77

Forward P/E11.88

Price / Sales2.77

Price / Book0.66

EPS21.37

Book Value284.16

Revenue (TTM)13.05B

Gross Profit (TTM)13.05B

Profit Margin54.10%

Operating Margin67.23%

Return on Equity13.39%

Return on Assets1.23%

Shares Outstanding172.79M

Shares Float145.49M

Beta0.40

Dividend Yield5.75%

Dividend Rate12.00

Payout Ratio75.42%

Dividends

20261×

12.00Mar 27, 2026

20251×

8.50Mar 28, 2025

20241×

7.50Mar 22, 2024

20232×

3.00Oct 26, 20235.50Mar 23, 2023

20221×

4.50Mar 24, 2022

20212×

1.80Oct 5, 20212.20Mar 25, 2021

20201×

2.42Mar 25, 2020

20191×

2.30Mar 22, 2019

20181×

3.75Mar 19, 2018

20171×

4.50Mar 24, 2017

20161×

1.10Mar 17, 2016

20151×

3.29Mar 19, 2015

20141×

2.47Mar 20, 2014

20131×

2.06Mar 21, 2013

20121×

1.65Mar 27, 2012

20111×

2.88Mar 17, 2011

20101×

1.65Mar 19, 2010

20091×

1.54Mar 13, 2009

20081×

7.82Mar 14, 2008

20071×

7.51Mar 16, 2007

20061×

7.04Mar 10, 2006

20051×

5.18Mar 11, 2005

Stock Splits

May 20, 20102:1