-2.95%
5.33%
4.50%
11.90%
19.70%
8.52%
68.80%
AI Spotlight on SOAG
Company Description
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus.The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products.It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services.
In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products.Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services.The company was founded in 1835 and is headquartered in Moss, Norway.
Market Data
| Last Price | 395 |
| Change Percentage | -2.95% |
| Open | 407 |
| Previous Close | 407 |
| Market Cap ( Millions) | 4892 |
| Volume | 20025 |
| Year High | 407 |
| Year Low | 316 |
| M A 50 | 380.88 |
| M A 200 | 356.73 |
Financial Ratios
| FCF Yield | 22.57% |
| Dividend Yield | 5.44% |
| ROE | 14.64% |
| Debt / Equity | 113.66% |
| Net Debt / EBIDTA | 3167.90% |
| Price To Book | 1.14 |
| Price Earnings Ratio | 8.15 |
| Price To FCF | 4.43 |
| Price To sales | 2.75 |
| EV / EBITDA | 61.88 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Private Markets
Expected Growth : 1.2 %
What the company do ?
Private Markets from SpareBank 1 Østfold Akershus offer tailored investment solutions for high net worth individuals, family offices, and institutional clients.
Why we expect these perspectives ?
SpareBank 1 Østfold Akershus' 1.2% growth in Private Markets is driven by increasing demand for wealth management services, strategic partnerships, and expansion into new regions. Additionally, the bank's digital transformation efforts and focus on sustainable investments have attracted environmentally conscious clients, contributing to the growth.
Segment n°2 -> Business Markets
Expected Growth : 0.8 %
What the company do ?
Business Markets from SpareBank 1 Østfold Akershus provides financial services and solutions to corporate clients, including cash management, lending, and investment services.
Why we expect these perspectives ?
SpareBank 1 Østfold Akershus' 0.8% growth in Business Markets is driven by increasing demand for digital banking services, strategic partnerships with local businesses, and a strong focus on customer relationships. Additionally, the bank's investment in digital infrastructure and cost-cutting initiatives have improved operational efficiency, contributing to the growth.
Segment n°3 -> Property Brokerage
Expected Growth : 1.5 %
What the company do ?
Property Brokerage from SpareBank 1 Østfold Akershus is a service that connects buyers and sellers of properties, facilitating transactions and providing expert guidance throughout the process.
Why we expect these perspectives ?
SpareBank 1 Østfold Akershus' 1.5% growth in Property Brokerage is driven by increasing demand for housing in the region, fueled by population growth and urbanization. Additionally, the bank's strong brand reputation, extensive network, and competitive pricing strategy contribute to its market share expansion.
Segment n°4 -> Accounting Services
Expected Growth : 0.9 %
What the company do ?
SpareBank 1 Østfold Akershus offers accounting services, including financial statement preparation, budgeting, and tax planning, to help individuals and businesses manage their finances effectively.
Why we expect these perspectives ?
SpareBank 1 Østfold Akershus' 0.9% growth in Accounting Services is driven by increasing demand for digitalization and automation of financial processes, coupled with the bank's strategic expansion into the SME segment, and investments in cloud-based accounting solutions, enhancing customer experience and driving operational efficiency.
Segment n°5 -> Unallocated
Expected Growth : 1.0 %
What the company do ?
Unallocated from SpareBank 1 Østfold Akershus refers to the remaining funds not assigned to specific accounts or purposes within the bank.
Why we expect these perspectives ?
Unallocated from SpareBank 1 Østfold Akershus' 1.0 growth driven by strong deposit growth, efficient cost management, and strategic investments in digitalization, enhancing customer experience and increasing market share in the Norwegian banking sector.
Sparebank 1 Østfold Akershus Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | SpareBank 1 Østfold Akershus offers a range of personal banking services, including current and savings accounts, credit cards, loans, and mortgages. |
| Business Banking | The bank provides a variety of business banking services, including business loans, credit facilities, and cash management solutions. |
| Investment and Wealth Management | SpareBank 1 Østfold Akershus 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 Financing | SpareBank 1 Østfold Akershus offers financing solutions for real estate development, construction, and property acquisition. |
| Corporate Banking | The bank provides corporate banking services, including cash management, trade finance, and risk management solutions. |
SpareBank 1 Østfold Akershus's Porter Forces
Threat Of Substitutes
The threat of substitutes is moderate for SpareBank 1 Østfold Akershus, as customers have alternative banking options available in the market.
Bargaining Power Of Customers
The bargaining power of customers is high, as they have multiple banking options and can easily switch to competitors if not satisfied with the services.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low, as SpareBank 1 Østfold Akershus has a strong negotiating position due to its large customer base and financial resources.
Threat Of New Entrants
The threat of new entrants is low, as the banking industry has high barriers to entry, including regulatory requirements and high capital requirements.
Intensity Of Rivalry
The intensity of rivalry is high, as SpareBank 1 Østfold Akershus operates in a highly competitive market with many established players.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 50.36% |
| Debt Cost | 5.25% |
| Equity Weight | 49.64% |
| Equity Cost | 5.25% |
| WACC | 5.25% |
| Leverage | 101.44% |
SpareBank 1 Østfold Akershus : Quality Control
SpareBank 1 Østfold Akershus passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| BKS.VI | BKS Bank AG, together with its subsidiaries, provides various banking products and services. The company operates through four segments: Corporate and Business Banking, Retail Banking, Financial Markets, and Other segments. … |
| BNORDIK-CSE.CO | P/F BankNordik, together with its subsidiaries, provides personal and corporate banking services in the Faroe Islands and Greenland. The company operates in two segments, Banking and Non-Life Insurance. It provides … |
| 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 … |
| SPNO.CO | Spar Nord Bank A/S provides various banking products and services to retail, business, and public sector customers in Denmark. It offers deposits, loans, advances, and guarantee services, as well as … |
| SPOL.OL | SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company offers deposits, financing, savings, advisory, life and non-life insurance, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Sparekassen Sjælland-Fyn
A-Score
1-Year Total Return ->
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SpareBank 1 Ostlandet
A-Score
1-Year Total Return ->
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SpareBank 1 Østfold Akershus
A-Score
1-Year Total Return ->
4
BankNordik
A-Score
1-Year Total Return ->
5
BKS Bank
A-Score
1-Year Total Return ->
6
