Sparebank 1 Nordvest

Sparebank 1 Nordvest

SNOR · OL · Financial Services / Banks - Regional

187.48NOK-3.72 (-1.95%)

Price History

Full chart

Market Stats

Previous Close191.20
Open191.20
Day Range185.00 – 191.20
52-Week Range156.43 – 206.00
Volume1.64K
Market Cap1.66B
P/E (TTM)10.03
Forward P/E0.00
EPS18.29
Dividend Yield5.96%
Beta0.17
50-Day Avg182.94
200-Day Avg184.21

About

SpareBank 1 Nordmøre provides various banking products and services for businesses and individuals in Norway. It operates through Retail Market and Corporate Market segments. The company offers financing, leasing, payment processing, and consulting services; and accounting services, including agricultural accounting. It also provides usage, current, buffer, savings, deposit, business, currency, group, and investment accounts; fixed-rate deposits; mobile and online banking; bank and credit cards; savings products, including savings in funds, savings on account, stocks and investments, and savings for children and retirement; pension savings accounts and tax-advantaged retirement savings; mandatory occupational pensions; and cash services. In addition, the company offers mortgage loans for housing, cottages, and construction projects; car loans for new and used cars; loan transfers; proof of financing; consumer loans; refinancing of mortgages and consumer debt; vehicle loans for boats, caravans, and other vehicles; green loans; business loans; overdrafts; bank guarantees; construction loans; growth guarantee schemes; agricultural operating credit; and factoring. Further, it provides car, housing, person, animal, vehicle, travel, valuable item, vehicle and machine, building and value, employee/personnel, and agriculture insurance; property brokerage and valuation; payroll payment and reporting; business counseling; and investment in funds and shares. The company was formerly known as Sparebank 1 Nordvest and changed its name to SpareBank 1 Nordmøre in May 2021. The company was founded in 1835 and is based in Kristiansund, Norway.

Company Details

Leadership

  • Mr. Steinar SognCFO and Director of Finance & Accounting · b. 1959
  • Mr. Allan TroelsenMD & CEO · b. 1967
  • Linda PedersenCredit Manager

Financials

Income Statement

Currency: NOK2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue276.33M261.83M235.65M270.09M336.15M380.35M340.57M396.19M437.38M408.72M485.78M405.46M588.00M785.00M894.00M1.01B1.05B
Growth (%)--5.25%-10.00%+14.61%+24.46%+13.15%-10.46%+16.33%+10.40%-6.55%+18.85%-16.53%+45.02%+33.50%+13.89%+13.20%+3.66%
Cost of Revenue-----00000-------
Gross Profit-----365.35M326.25M410.55M453.45M411.87M520.13M------
Gross Margin-----96.06%95.80%103.62%103.68%100.77%107.07%------
Operating Expense-----204.69M215.27M215.05M245.37M238.47M256.71M------
Operating Income-----160.66M110.98M195.49M208.08M173.40M263.43M------
Operating Margin-----42.24%32.59%49.34%47.57%42.42%54.23%------
EBITDA364.33M349.10M350.47M360.40M399.99M444.48M351.10M369.98M377.83M351.26M495.42M379.94M349.00M----
EBITDA Margin131.84%133.33%148.72%133.44%118.99%116.86%103.09%93.38%86.39%85.94%101.98%93.70%59.35%----
Net Income78.05M66.04M39.58M55.67M90.71M130.75M84.16M156.50M177.02M137.59M229.76M143.17M142.00M330.00M314.00M486.00M502.00M
Net Income Margin28.25%25.22%16.80%20.61%26.98%34.38%24.71%39.50%40.47%33.66%47.30%35.31%24.15%42.04%35.12%48.02%47.86%
Interest Expense000000000168.12M216.55M179.75M155.00M343.00M759.00M953.00M1.00B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%41.13%44.58%44.33%26.36%43.69%84.90%94.17%95.52%

Balance Sheet

Currency: NOK2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets9.78B10.06B10.11B10.57B10.84B11.65B12.25B12.96B13.60B14.49B15.94B17.39B25.58B27.17B27.56B28.52B30.32B
Total Liabilities9.11B9.31B9.33B9.69B9.75B10.47B10.88B11.36B11.68B12.46B13.75B15.08B22.25B23.54B23.80B24.36B25.72B
Total Equity672.04M744.70M774.96M877.79M1.09B1.18B1.37B1.60B1.91B2.02B2.18B2.29B3.33B3.63B3.76B4.16B4.60B
Cash1.06B745.02M490.13M392.04M82.44M84.19M79.41M123.76M81.49M86.31M87.90M87.59M80.00M80.00M88.00M87.00M82.00M
Total Debt3.95B4.01B3.71B3.88B3.79B3.85B3.86B3.85B3.56B4.29B4.29B4.34B6.12B----
Net Debt2.89B3.26B3.22B3.49B3.70B3.77B3.78B3.66B3.48B4.20B4.20B4.25B6.04B6.69B6.45B6.47B6.50B

Cash Flow

Currency: NOK2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow198.30M-300.65M98.99M-148.65M-47.79M-209.88M43.59M154.44M103.20M-878.62M23.34M329.08M-1.44B-703.00M78.00M-404.00M382.00M
Investing Cash Flow-----41.29M-1.66M-53.51M-1.16M533.00K10.19M8.00M-222.00M196.00M-116.00M-227.00M-312.00M
Financing Cash Flow649.24M60.00M-288.99M175.00M20.41M50.00M2.97M56.38M-80.62M675.32M292.88M34.83M1.56B1.21B-371.00M-8.00M-48.00M
Capital Expenditure4.01M6.76M7.56M53.58M03.22M4.59M37.14M8.53M9.01M6.24M62.00M62.00M29.00M30.00M20.00M125.00M
Free Cash Flow194.29M-307.41M91.43M-202.23M-47.79M-213.11M38.99M117.30M94.67M-887.63M17.11M329.08M-1.50B-156.00M78.00M-424.00M282.00M
Dividends Paid-----1.17M7.50M7.50M9.90M12.64M13.46M14.58M15.00M60.00M72.00M63.00M77.00M
FCF to OCF97.98%102.25%92.36%136.04%100.00%101.54%89.46%75.95%91.74%101.03%73.28%100.00%104.31%22.19%100.00%104.95%73.82%
Dividend Paid to FCF------0.55%19.24%6.39%10.45%-1.42%78.68%4.43%-1.00%-38.46%92.31%-14.86%27.30%

Earnings

Report DateFeb 15, 2018May 4, 2018Aug 14, 2018Oct 23, 2018Feb 11, 2019May 9, 2019Aug 13, 2019Oct 25, 2019Feb 13, 2020May 15, 2020Aug 13, 2020Nov 11, 2020Feb 15, 2021Apr 27, 2021Aug 11, 2021Nov 10, 2021Feb 10, 2022May 10, 2022Aug 15, 2022Nov 7, 2022Feb 14, 2023May 14, 2023Aug 15, 2023Oct 26, 2023Feb 13, 2024Apr 30, 2024Aug 12, 2024Nov 12, 2024Mar 25, 2025May 9, 2025Aug 15, 2025Oct 31, 2025Feb 10, 2026Apr 29, 2026Aug 13, 2026
EPS Estimate3.252.553.202.812.992.893.522.192.282.192.221.802.132.163.592.262.422.553.993.072.663.264.633.904.723.403.783.444.554.474.574.975.414.814.22
EPS Actual6.013.503.491.521.858.353.992.142.371.693.733.321.092.082.311.691.943.743.082.045.062.453.033.103.414.023.436.335.073.366.334.734.452.846.09
Surprise84.92%37.25%9.06%-45.91%-38.13%188.93%13.35%-2.28%3.95%-22.83%68.02%84.44%-48.83%-3.70%-35.65%-25.22%-19.83%46.67%-22.81%-33.55%90.23%-24.85%-34.56%-20.51%-27.75%18.24%-9.26%84.01%11.43%-24.83%38.51%-4.83%-17.74%-40.96%44.31%
TimingPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap1.66B
Enterprise Value5.58B
Trailing P/E10.03
Forward P/E0.00
Price / Sales1.56
Price / Book0.35
EPS18.29
Book Value475.95
Revenue (TTM)1.07B
Gross Profit (TTM)1.07B
Profit Margin46.90%
Operating Margin61.64%
Return on Equity11.01%
Return on Assets1.58%
Shares Outstanding9.06M
Shares Float5.15M
Beta0.17
Dividend Yield5.96%
Dividend Rate11.00
Payout Ratio60.74%

Dividends

20261×
11.00Apr 16, 2026
20251×
8.50Apr 9, 2025
20241×
7.00Apr 4, 2024
20231×
8.00Mar 30, 2023
20221×
5.00Apr 6, 2022
20211×
6.50Mar 25, 2021
20201×
6.50Apr 2, 2020
20191×
6.00Apr 4, 2019
20181×
5.50Feb 28, 2018