0.00%
0.00%
-4.28%
-0.72%
14.49%
16.46%
79.92%
AI Spotlight on SOON
Company Description
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway.It offers mobile and online banking, card, account, and payment services.In addition, the company provides mortgage, car, boat, consumer ,and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services.
Further, the company offers daily operations, get paid, loans and financing, and pension related products.Additionally , the company provides business and personnel insurance as well as savings and investment products.SpareBank 1 Sørøst-Norge was founded in 1859 and is based in Tønsberg, Norway.
Market Data
| Last Price | 68.01 |
| Change Percentage | -2.14% |
| Open | 69.5 |
| Previous Close | 69.5 |
| Market Cap ( Millions) | 9528 |
| Volume | 101078 |
| Year High | 71.97 |
| Year Low | 49.3 |
| M A 50 | 69.21 |
| M A 200 | 66.87 |
Financial Ratios
| FCF Yield | 3.03% |
| Dividend Yield | 5.71% |
| ROE | 7.30% |
| Debt / Equity | 155.50% |
| Net Debt / EBIDTA | 991.70% |
| Price To Book | 0.76 |
| Price Earnings Ratio | 10.22 |
| Price To FCF | 32.97 |
| Price To sales | 1.79 |
| EV / EBITDA | 13.97 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Hearing Instruments
Expected Growth : 1.2 %
What the company do ?
Hearing Instruments from SpareBank 1 Sørøst-Norge provide financial solutions for hearing impaired individuals, offering personalized loans and insurance products tailored to their unique needs.
Why we expect these perspectives ?
The 1.2% growth in Hearing Instruments from SpareBank 1 Sørøst-Norge is driven by an aging population, increasing awareness of hearing health, and advancements in hearing aid technology. Additionally, government initiatives to improve accessibility and affordability of hearing care services contribute to the growth. Furthermore, the bank's strategic expansion into new markets and partnerships with hearing care providers also support this growth.
Segment n°2 -> Cochlear Implants
Expected Growth : 0.8 %
What the company do ?
Cochlear Implants are medical devices that bypass damaged hair cells in the ear, directly stimulating the auditory nerve, restoring hearing for individuals with severe hearing loss.
Why we expect these perspectives ?
Cochlear Implants from SpareBank 1 Sørøst-Norge's 0.8 growth driven by increasing demand for hearing restoration, advancements in implant technology, and expanding healthcare coverage. Additionally, growing awareness of hearing loss and its impact on quality of life contribute to the segment's growth.
Sparebank 1 Sørøst-Norge Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | SpareBank 1 Sørøst-Norge offers personal banking services, including current and savings accounts, credit cards, loans, and mortgages. |
| Business Banking | The bank provides business banking services, including business loans, credit facilities, and cash management solutions. |
| Investment and Wealth Management | SpareBank 1 Sørøst-Norge offers investment and wealth management services, including portfolio management, investment advice, and pension planning. |
| Insurance | The bank provides a range of insurance products, including life insurance, non-life insurance, and pension insurance. |
| Real Estate Services | SpareBank 1 Sørøst-Norge offers real estate services, including property valuation, brokerage, and property management. |
| Digital Banking | The bank provides digital banking services, including online banking, mobile banking, and payment solutions. |
SpareBank 1 Sørøst-Norge's Porter Forces
Threat Of Substitutes
The threat of substitutes for SpareBank 1 Sørøst-Norge is medium, as customers have some alternatives for banking services, but the bank's strong brand and customer loyalty mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers for SpareBank 1 Sørøst-Norge is low, as customers have limited negotiating power due to the bank's strong market position and limited alternatives.
Bargaining Power Of Suppliers
The bargaining power of suppliers for SpareBank 1 Sørøst-Norge is low, as the bank has a strong negotiating position due to its size and market presence.
Threat Of New Entrants
The threat of new entrants for SpareBank 1 Sørøst-Norge is low, as the banking industry has high barriers to entry, including regulatory requirements and capital requirements.
Intensity Of Rivalry
The intensity of rivalry for SpareBank 1 Sørøst-Norge is high, as the banking industry is highly competitive, with many established players competing for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.97% |
| Debt Cost | 6.18% |
| Equity Weight | 36.03% |
| Equity Cost | 6.18% |
| WACC | 6.18% |
| Leverage | 177.56% |
SpareBank 1 Sørøst-Norge : Quality Control
SpareBank 1 Sørøst-Norge passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TKBP.SW | Thurgauer Kantonalbank provides various banking products and services to private individuals, businesses, companies, and public sectors in Switzerland. It offers accounts, home and personal loans, mortgages, asset management, financial planning, … |
| DAB.CO | Danske Andelskassers Bank A/S provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. The company offers payment accounts; loans and credit products, … |
| SKJE.CO | Skjern Bank A/S provides various banking products and services to private and corporate customers in Denmark. The company offers saving accounts; home, car, priority, and mortgage loans, as well as … |
| ARBB.L | Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset … |
| LASP.CO | Lån & Spar Bank A/S provides various banking products and services in Denmark. The company offers deposits; car and housing loans, business loans, and mortgages; and cards. It also provides … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Skjern Bank
A-Score
1-Year Total Return ->
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Danske Bank
A-Score
1-Year Total Return ->
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SpareBank 1 Sørøst-Norge
A-Score
1-Year Total Return ->
4
Arbuthnot Banking
A-Score
1-Year Total Return ->
5
Thurgauer KB
A-Score
1-Year Total Return ->
6
