-0.66%
5.13%
11.78%
14.37%
23.84%
19.59%
77.75%
AI Spotlight on MING
Company Description
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally.The company offers mortgage, green, car, boat, other vehicles, and consumer loans, as well as refinancing, as well as savings accounts.It also provides BSU house savings for young people, BSU, and mikrosparing, as well as fixed rate and green deposits, and placement accounts; savings funds; investment solutions, such as share savings accounts, stock trading, and private banking services; and individual pension savings, and pension savings accounts.
In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various debit and credit cards.Further, it offers loans and finances, including bank guarantees, corporate and construction loans, operating credit for agriculture, factoring, invoice sales, leasing, and liquidity loans with government guarantees; various pension products; and business and personal insurance products.Additionally, the company provides services, including accounting and payroll, HR, taxes and duties, and change of ownership, as well as IT solutions.
It offers real estate agency, advisory, and external and equity financing services.SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Market Data
| Last Price | 181.3 |
| Change Percentage | -0.66% |
| Open | 181.18 |
| Previous Close | 182.5 |
| Market Cap ( Millions) | 26144 |
| Volume | 59004 |
| Year High | 185 |
| Year Low | 135.2 |
| M A 50 | 171.25 |
| M A 200 | 158.25 |
Financial Ratios
| FCF Yield | 4.83% |
| Dividend Yield | 6.62% |
| ROE | 16.24% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -349.91% |
| Price To Book | 0.91 |
| Price Earnings Ratio | 6.04 |
| Price To FCF | 20.68 |
| Price To sales | 2.61 |
| EV / EBITDA | 6.39 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail Market
Expected Growth : 1.2 %
What the company do ?
The Retail Market from SpareBank 1 SMN refers to the banking services and financial products offered to individual customers in Norway.
Why we expect these perspectives ?
SpareBank 1 SMN's 1.2% growth in the retail market is driven by increasing demand for digital banking services, strategic partnerships with local businesses, and a strong focus on customer experience. Additionally, the bank's investment in mobile payment solutions and online lending platforms has contributed to its growth in the retail segment.
Segment n°2 -> Corporate Market
Expected Growth : 1.1 %
What the company do ?
The Corporate Market from SpareBank 1 SMN provides financial services and tailored solutions to large corporations and institutions in Norway.
Why we expect these perspectives ?
SpareBank 1 SMN's 1.1% corporate market growth is driven by increasing demand for digital banking services, strategic partnerships, and cost-effective solutions. The bank's strong brand reputation, efficient operations, and favorable interest rate environment also contribute to its growth. Additionally, the bank's focus on SMEs and corporate clients has led to increased market share and revenue growth.
Segment n°3 -> Sunnmore og Fjordane
Expected Growth : 0.8 %
What the company do ?
Sunnmøre og Fjordane is a region in western Norway, and SpareBank 1 SMN is a Norwegian savings bank that operates in this region, providing financial services to individuals and businesses.
Why we expect these perspectives ?
SpareBank 1 SMN's 0.8% growth in Sunnmore og Fjordane is driven by increasing demand for mortgage loans, steady growth in personal banking, and a moderate expansion in commercial lending. Additionally, the bank's strong brand presence and efficient cost management contribute to its stable growth in the region.
Segment n°4 -> SpareBank1 Regnskapshuset SMN
Expected Growth : 1.0 %
What the company do ?
SpareBank1 Regnskapshuset SMN is a Norwegian accounting and auditing firm, part of SpareBank 1 SMN, offering financial services and expertise to individuals and businesses.
Why we expect these perspectives ?
SpareBank1 Regnskapshuset SMN's 1.0% growth is driven by increasing demand for accounting and advisory services, expansion into new markets, and strategic partnerships. The bank's strong brand reputation, efficient operations, and investment in digitalization also contribute to its growth. Furthermore, the Norwegian economy's stability and moderate growth rate provide a favorable environment for the bank's operations.
Segment n°5 -> EiendomsMegler 1
Expected Growth : 1.3 %
What the company do ?
EiendomsMegler 1 is a mortgage loan product from SpareBank 1 SMN, offering competitive interest rates and flexible repayment terms for Norwegian property buyers.
Why we expect these perspectives ?
EiendomsMegler 1's 1.3% growth is driven by SpareBank 1 SMN's strong market presence, increasing demand for real estate services, and effective cost management. Additionally, the segment benefits from the bank's digitalization efforts, enhancing customer experience and driving operational efficiency.
Segment n°6 -> Other
Expected Growth : 0.9 %
What the company do ?
The Other from SpareBank 1 SMN refers to miscellaneous financial services and products offered by the bank, excluding loans and deposits.
Why we expect these perspectives ?
SpareBank 1 SMN's 0.9% growth in 'Other' segment is driven by increasing demand for digital payment solutions, growth in e-commerce, and rising adoption of mobile banking services. Additionally, strategic partnerships and investments in fintech companies have contributed to this growth.
Segment n°7 -> SpareBank1 Finans Midt-Norge
Expected Growth : 1.1 %
What the company do ?
SpareBank 1 Finans Midt-Norge is a Norwegian financial services company, a subsidiary of SpareBank 1 SMN, offering loans, savings, and other financial products.
Why we expect these perspectives ?
SpareBank1 Finans Midt-Norge's 1.1% growth is driven by strong lending activities, fueled by Norway's stable economy and increasing consumer spending. The bank's diversified loan portfolio, comprising mortgages, consumer, and corporate loans, contributes to its growth. Additionally, the bank's efficient cost management and digitalization efforts have improved operational efficiency, further supporting growth.
Segment n°8 -> Uncollated
Expected Growth : 0.7 %
What the company do ?
Uncollated from SpareBank 1 SMN refers to unsorted or unorganized bank statements or documents from SpareBank 1 SMN, a Norwegian bank.
Why we expect these perspectives ?
SpareBank 1 SMN's 0.7% growth is driven by strong lending growth, particularly in the mortgage segment, coupled with a stable net interest income. Additionally, the bank's focus on digitalization and cost-cutting initiatives have improved operational efficiency, contributing to the growth.
Sparebank 1 Smn Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | SpareBank 1 SMN offers a range of personal banking services, including current and savings accounts, credit cards, and personal loans. |
| Business Banking | SpareBank 1 SMN provides business banking services, including business accounts, loans, and cash management solutions. |
| Mortgage Loans | SpareBank 1 SMN offers mortgage loans for individuals and businesses, with competitive interest rates and flexible repayment terms. |
| Investment Services | SpareBank 1 SMN provides investment services, including brokerage, asset management, and pension savings. |
| Insurance Services | SpareBank 1 SMN offers a range of insurance products, including life insurance, non-life insurance, and pension insurance. |
| Card Services | SpareBank 1 SMN provides card services, including debit and credit cards, with rewards programs and travel insurance. |
| Digital Banking | SpareBank 1 SMN offers digital banking services, including online banking, mobile banking, and mobile payment solutions. |
SpareBank 1 SMN's Porter Forces
Threat Of Substitutes
The threat of substitutes for SpareBank 1 SMN is medium, as there are some alternatives to traditional banking services, but they are not yet widely adopted.
Bargaining Power Of Customers
The bargaining power of customers for SpareBank 1 SMN is low, as customers have limited alternatives and the bank has a strong market position.
Bargaining Power Of Suppliers
The bargaining power of suppliers for SpareBank 1 SMN is low, as the bank has a strong market position and can negotiate favorable terms with suppliers.
Threat Of New Entrants
The threat of new entrants for SpareBank 1 SMN is low, as there are significant barriers to entry in the banking industry, including regulatory hurdles and high capital requirements.
Intensity Of Rivalry
The intensity of rivalry for SpareBank 1 SMN is high, as the banking industry is highly competitive, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 69.28% |
| Debt Cost | 8.15% |
| Equity Weight | 30.72% |
| Equity Cost | 8.15% |
| WACC | 8.15% |
| Leverage | 225.57% |
SpareBank 1 SMN : Quality Control
SpareBank 1 SMN passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NONG.OL | SpareBank 1 Nord-Norge provides banking services to personal and corporate customers in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers various savings, … |
| 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, … |
| SOR.OL | Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real … |
| SPKSJF.CO | Sparekassen Sjælland-Fyn A/S, a savings bank, provides financial products and services to private and corporate customers. The company offers deposits and lending services, overdrafts, savings products, mortgage, car and housing … |
| 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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SpareBank 1 SMN
A-Score
1-Year Total Return ->
🥈
Sparekassen Sjælland-Fyn
A-Score
1-Year Total Return ->
🥉
SpareBank 1 Nord-Norge
A-Score
1-Year Total Return ->
4
Danske Bank
A-Score
1-Year Total Return ->
5
Sparebanken Sør
A-Score
1-Year Total Return ->
6
