0.01%
6.23%
11.20%
15.06%
35.80%
11.36%
69.07%
AI Spotlight on SPOL
Company Description
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 pension products and services.It also provides credit cards; and leasing, money-transfer, capital and investment management, debt recovery, real estate brokering and rental, factoring, trade and corporate finance, and accounting related services.
It has 36 branches in Innlandet, Oslo, and Viken.The company was founded in 1845 and is headquartered in Hamar, Norway.SpareBank 1 Østlandet is a subsidiary of Sparebankstiftelsen Hedmark.
Market Data
| Last Price | 167.04 |
| Change Percentage | 0.01% |
| Open | 167.9 |
| Previous Close | 167.02 |
| Market Cap ( Millions) | 22681 |
| Volume | 72020 |
| Year High | 168.1 |
| Year Low | 120.2 |
| M A 50 | 156.22 |
| M A 200 | 145.72 |
Financial Ratios
| FCF Yield | -33.05% |
| Dividend Yield | 4.67% |
| ROE | 13.77% |
| Debt / Equity | 228.34% |
| Net Debt / EBIDTA | 5127.33% |
| Price To Book | 0.94 |
| Price Earnings Ratio | 7.18 |
| Price To FCF | -3.03 |
| Price To sales | 2.19 |
| EV / EBITDA | 76.47 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail Division
Expected Growth : 5.5 %
What the company do ?
The Retail Division of SpareBank 1 Ostlandet provides personal banking services, including loans, savings, and investments to individuals in Norway.
Why we expect these perspectives ?
The 5.5% growth in Retail Division of SpareBank 1 Ostlandet is driven by increasing demand for digital banking services, strategic expansion into new markets, and a strong focus on customer experience. Additionally, the bank's efforts to enhance its mobile banking platform and introduce innovative payment solutions have contributed to the growth.
Segment n°2 -> Corporate Division
Expected Growth : 5.8 %
What the company do ?
Corporate Division from SpareBank 1 Ostlandet provides financial services to corporate clients, offering tailored solutions for their financial needs.
Why we expect these perspectives ?
SpareBank 1 Ostlandet's Corporate Division growth of 5.8% is driven by strong loan growth, increased deposit margins, and cost control measures. The division's focus on digitalization and customer-centric approach has improved operational efficiency, leading to higher profitability. Additionally, the bank's strong risk management and solid capital position have enabled it to take advantage of growth opportunities in the region.
Segment n°3 -> Other Operations
Expected Growth : 4.2 %
What the company do ?
Other Operations from SpareBank 1 Ostlandet refers to non-lending activities, including payment services, card transactions, and cash management.
Why we expect these perspectives ?
SpareBank 1 Ostlandet's 4.2% growth in Other Operations is driven by increased lending to small and medium-sized enterprises, expansion of digital banking services, and strategic partnerships with local businesses, resulting in higher transaction volumes and fee income.
Segment n°4 -> SpareBank 1 Finans Ostlandet
Expected Growth : 6.2 %
What the company do ?
SpareBank 1 Finans Ostlandet is a subsidiary of SpareBank 1 Ostlandet, providing financial services and loan products to individuals and businesses in the eastern region of Norway.
Why we expect these perspectives ?
SpareBank 1 Finans Ostlandet's 6.2% growth is driven by strong lending growth in the mortgage and consumer loan segments, supported by a robust economy in the Ostlandet region. Additionally, the bank's digitalization efforts and cost savings initiatives have improved operational efficiency, contributing to the growth.
Segment n°5 -> Eiendoms-Megler 1 Oslo Akershus
Expected Growth : 5.0 %
What the company do ?
Eiendoms-Megler 1 Oslo Akershus is a real estate agency from SpareBank 1 Ostlandet, providing property services in Oslo and Akershus regions.
Why we expect these perspectives ?
Eiendoms-Megler 1 Oslo Akershus's 5.0% growth is driven by SpareBank 1 Ostlandet's strong market presence, increasing demand for real estate services in the Oslo and Akershus regions, and the bank's strategic expansion into digital platforms, enhancing customer experience and driving revenue growth.
Segment n°6 -> SpareBank 1 Forretnings-Partner Ostlandet
Expected Growth : 6.5 %
What the company do ?
SpareBank 1 Forretnings-Partner Ostlandet is a business banking division of SpareBank 1 Ostlandet, providing financial services to corporate clients in the eastern region of Norway.
Why we expect these perspectives ?
SpareBank 1 Forretnings-Partner Ostlandet's 6.5% growth is driven by strong lending growth in the corporate segment, fueled by a robust Norwegian economy and increasing demand for credit. Additionally, the bank's focus on digitalization and cost efficiency measures have improved operational efficiency, contributing to the growth.
Segment n°7 -> Eiendoms-Megler1 Hedmark Eiendom
Expected Growth : 4.8 %
What the company do ?
Eiendoms-Megler1 Hedmark Eiendom is a real estate agency from SpareBank 1 Ostlandet, providing property services and expertise in the Hedmark region of Norway.
Why we expect these perspectives ?
Eiendoms-Megler1 Hedmark Eiendom's 4.8% growth is driven by increasing demand for housing in the Ostlandet region, fueled by SpareBank 1's strong brand presence and competitive mortgage offerings. Additionally, the region's growing population, low unemployment, and rising disposable income contribute to the segment's growth.
Sparebank 1 Ostlandet Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | SpareBank 1 Ostlandet 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, cash management, and trade finance. |
| Investment and Wealth Management | SpareBank 1 Ostlandet 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 Ostlandet offers financing solutions for real estate development, construction, and property acquisition. |
| Digital Banking | The bank provides online and mobile banking services, enabling customers to manage their finances, pay bills, and transfer funds digitally. |
SpareBank 1 Ostlandet's Porter Forces
Threat Of Substitutes
The threat of substitutes is low for SpareBank 1 Ostlandet as the bank offers a unique range of financial services that are not easily substitutable.
Bargaining Power Of Customers
The bargaining power of customers is medium for SpareBank 1 Ostlandet as customers have some degree of bargaining power due to the availability of alternative banking services.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low for SpareBank 1 Ostlandet as the bank has a strong negotiating position with its suppliers.
Threat Of New Entrants
The threat of new entrants is high for SpareBank 1 Ostlandet as the banking industry is highly competitive and new entrants can easily enter the market.
Intensity Of Rivalry
The intensity of rivalry is high for SpareBank 1 Ostlandet as the banking industry is highly competitive and there are many established players in the market.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 70.48% |
| Debt Cost | 6.08% |
| Equity Weight | 29.52% |
| Equity Cost | 6.79% |
| WACC | 6.29% |
| Leverage | 238.70% |
SpareBank 1 Ostlandet : Quality Control
SpareBank 1 Ostlandet passed 3 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. … |
| BTS.VI | Bank für Tirol und Vorarlberg AG, together with its subsidiaries, provides corporate and retail banking products and services in Austria and internationally. It operates through five segments: Corporate Customers, private … |
| PCZ.DE | ProCredit Holding AG & Co. KGaA, together with its subsidiaries, provides commercial banking services for small and medium enterprises and private customers in Europe, South America, and Germany. The company's … |
| 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 … |
| VATN.SW | Valiant Holding AG, together with its subsidiaries, provides financial services to private retail clients, affluent private clients, self-employed individuals, and small and medium-sized companies. The company offers savings; real estate … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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SpareBank 1 Ostlandet
A-Score
1-Year Total Return ->
🥈
BKS Bank
A-Score
1-Year Total Return ->
🥉
Valiant Holding
A-Score
1-Year Total Return ->
4
BTV
A-Score
1-Year Total Return ->
5
Spar Nord Bank
A-Score
1-Year Total Return ->
6
