SpareBank 1 Østlandet

SpareBank 1 Østlandet

SPOL · OL · Financial Services / Banks - Regional

210.70NOK+1.05 (+0.50%)

Price History

Full chart

Market Stats

Previous Close209.65
Open210.00
Day Range210.00 – 212.65
52-Week Range162.15 – 211.00
Volume73.66K
Market Cap27.32B
P/E (TTM)11.49
Forward P/E11.89
EPS17.51
Dividend Yield6.30%
Beta0.35
50-Day Avg198.55
200-Day Avg198.68

About

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, public entities, teams, associations, and organisations. It operates through the Retail Division, Corporate Division, SpareBank 1 Finans Østlandet, EiendomsMegler 1 Østlandet, and SpareBank 1 ForretningsPartner Østlandet segments. The Retail segment offers financial services comprising savings, financing, payment processing, insurance, loss prevention, capital management, and investments. The Corporate segment provides hedging for interest and foreign exchange transactions, placement of surplus liquidity, insurance for individuals, pension solutions, as well as buildings and movable property for businesses; and delivers advisory solutions to private customers and businesses, and it also engages in foreign currency services. The SpareBank 1 Finans Østlandet's segment provides activities consisting of leasing and lending for private purchases of vehicles, including car loans for electric vehicles, as well as leasing and lending to corporate customers for vehicles and operating assets. The EiendomsMegler 1 Østlandet's segment offers activities consisting of advisory services and real estate brokerage in connection with the purchase and sale of residential property and real estate. The SpareBank 1 ForretningsPartner Østlandet's segment provides activities consisting of accounting services, advisory and consultancy services, including advisory services related to sustainability. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway.

Company Details

Leadership

  • Mr. Geir-Egil BolstadChief Financial Officer · b. 1967
  • Mr. Hans Olav WedvikExecutive Vice President of Corporate Division · b. 1974
  • Ms. Kari Elise GisnasExecutive Vice President of Retail Division · b. 1964
  • Ms. Klara-Lise AasenGroup CEO · b. 1974
  • Mr. Johan Overseth RostoenExecutive VP of Operations & Integration · b. 1975
  • Mr. Per Øivind VenstadActing Executive Vice President of Technology & Development · b. 1983
  • Bjørn-Erik OrskaugChief Economist & Head of Investor Relations
  • Mr. Bard SkjørtorpExecutive Vice President of Communication, Marketing & Brand · b. 1979
  • Mr. Are JansrudChief Risk Officer · b. 1966
  • Ms. Kari Elise GisnåsExecutive Vice President Retail Division · b. 1964

Financials

Income Statement

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.28B2.27B3.17B3.50B3.65B4.29B3.77B3.98B4.26B5.37B6.35B7.21B
Growth (%)--0.39%+39.87%+10.11%+4.43%+17.50%-12.17%+5.71%+6.93%+26.18%+18.18%+13.49%
Cost of Revenue00000-------
Gross Profit2.21B2.21B2.57B3.52B3.62B4.26B------
Gross Margin97.10%97.58%81.04%100.60%99.10%99.25%------
Operating Expense981.00M1.05B1.20B1.90B1.88B1.93B------
Operating Income1.23B1.16B1.37B1.62B1.74B2.33B------
Operating Margin54.06%51.28%43.15%46.31%47.52%54.22%------
EBITDA2.31B2.06B2.90B2.87B3.17B4.08B3.46B3.54B----
EBITDA Margin101.14%90.57%91.50%81.98%86.96%95.08%91.72%88.88%----
Net Income1.04B930.00M1.20B1.26B1.41B1.92B1.60B2.01B1.93B2.22B3.33B3.52B
Net Income Margin45.55%40.97%37.80%35.96%38.59%44.85%42.52%50.54%45.25%41.27%52.37%48.78%
Interest Expense00001.30B1.59B1.21B827.00M1.83B4.98B6.76B7.20B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%35.61%37.09%32.09%20.76%42.99%92.71%106.47%99.83%

Balance Sheet

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets49.93B55.97B101.24B108.32B123.47B134.78B146.07B155.46B170.55B176.33B210.57B214.73B
Total Liabilities42.31B47.25B89.13B94.99B108.71B118.88B128.94B136.75B150.62B155.68B184.35B186.90B
Total Equity7.62B8.72B12.06B13.27B14.66B15.79B17.02B18.59B19.64B20.39B25.92B27.54B
Cash748.00M264.00M759.00M673.00M1.88B1.32B683.00M458.00M677.00M497.00M567.00M11.00M
Total Debt10.12B12.73B24.79B27.68B35.72B38.85B41.51B42.48B----
Net Debt9.37B12.47B24.04B27.00B33.84B37.53B40.82B42.02B47.22B44.80B51.64B47.73B

Cash Flow

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-46.00M-3.06B-196.00M-1.93B-5.71B-751.00M584.00M-3.13B-10.54B4.45B7.15B6.63B
Investing Cash Flow61.00M-35.00M-17.00M-263.00M-111.00M-225.00M66.00M85.00M-24.00M---
Financing Cash Flow211.00M2.65B644.00M1.83B7.05B525.00M-1.31B3.15B11.73B---
Capital Expenditure83.00M50.00M43.00M65.00M67.00M58.00M60.00M90.00M0101.00M232.00M108.00M
Free Cash Flow-129.00M-3.11B-239.00M-1.99B-5.78B-809.00M524.00M-3.21B-3.91B4.40B6.92B6.52B
Dividends Paid-628.00M626.00M626.00M634.00M703.00M742.00M788.00M993.00M1.12B1.29B1.90B
FCF to OCF280.43%101.63%121.94%103.37%101.17%107.72%89.73%102.88%37.07%98.94%96.76%98.37%
Dividend Paid to FCF--20.18%-261.92%-31.43%-10.97%-86.90%141.60%-24.51%-25.40%25.41%18.61%29.11%

Earnings

Report DateAug 8, 2017Oct 27, 2017Feb 8, 2018Apr 26, 2018Aug 7, 2018Oct 25, 2018Feb 8, 2019May 7, 2019Aug 6, 2019Oct 25, 2019Feb 7, 2020May 8, 2020Aug 5, 2020Oct 29, 2020Feb 11, 2021Apr 30, 2021Aug 10, 2021Oct 29, 2021Feb 11, 2022May 5, 2022Aug 10, 2022Oct 27, 2022Feb 10, 2023May 5, 2023Aug 9, 2023Oct 26, 2023Feb 8, 2024May 7, 2024Aug 6, 2024Oct 30, 2024Feb 13, 2025May 7, 2025Aug 5, 2025Oct 28, 2025Feb 13, 2026May 7, 2026Aug 12, 2026Nov 4, 2026
EPS Estimate1.631.971.822.072.002.451.962.172.432.332.121.532.052.092.462.512.612.673.372.782.622.693.213.743.703.333.484.374.063.913.494.353.944.114.374.593.894.09
EPS Actual1.732.372.091.972.332.271.614.502.792.431.831.582.622.602.772.593.053.342.983.165.182.583.613.803.372.503.325.034.096.243.714.444.714.484.574.084.38-
Surprise6.13%20.30%14.84%-4.83%16.50%-7.35%-17.86%107.37%14.81%4.29%-13.68%3.27%27.80%24.40%12.60%3.19%16.86%25.09%-11.57%13.67%97.71%-4.09%12.46%1.60%-8.92%-24.92%-4.60%15.10%0.74%59.59%6.30%2.07%19.54%9.00%4.58%-11.11%12.60%-
TimingAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap27.32B
Enterprise Value30.27B
Trailing P/E11.49
Forward P/E11.89
Price / Sales3.77
Price / Book1.03
EPS17.51
Book Value183.22
Revenue (TTM)7.24B
Gross Profit (TTM)7.24B
Profit Margin46.75%
Operating Margin60.45%
Return on Equity12.79%
Return on Assets1.57%
Shares Outstanding135.82M
Shares Float135.84M
Beta0.35
Dividend Yield6.30%
Dividend Rate12.70
Payout Ratio72.53%

Dividends

20261×
12.70Mar 27, 2026
20251×
10.30Mar 28, 2025
20241×
7.80Mar 22, 2024
20231×
6.80Mar 31, 2023
20221×
6.00Mar 30, 2022
20212×
3.04Nov 2, 20211.75Mar 26, 2021
20201×
4.58Mar 27, 2020
20191×
4.12Mar 29, 2019
20181×
3.95Mar 23, 2018

Stock Splits

  • Nov 9, 2018318:317