Financials SpareBank 1 SR-Bank ASA London S.E.

Equities

0Q57

NO0010631567

Banks

Market Closed - London S.E. 15:20:00 01/07/2024 BST 5-day change 1st Jan Change
131.4 NOK +1.55% Intraday chart for SpareBank 1 SR-Bank ASA 0.00% +2.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,566 23,265 34,061 30,866 34,049 34,497 - -
Enterprise Value (EV) 1 25,566 23,265 34,061 30,866 34,049 34,497 34,497 34,497
P/E ratio 8.18 x 14.6 x 11 x 9.37 x 7.92 x 8.29 x 8.06 x 7.95 x
Yield 5.5% 3.41% 4.5% - 5.82% 6.41% 7.47% 8.64%
Capitalization / Revenue 3.92 x 3.73 x 5.05 x 4.38 x 3.89 x 3.56 x 3.31 x 3.15 x
EV / Revenue 3.92 x 3.73 x 5.05 x 4.38 x 3.89 x 3.56 x 3.31 x 3.15 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.11 x 0.95 x 1.34 x - 1.12 x 1.07 x 0.98 x 0.97 x
Nbr of stocks (in thousands) 255,659 255,655 255,710 255,722 264,148 264,143 - -
Reference price 2 100.0 91.00 133.2 120.7 128.9 130.6 130.6 130.6
Announcement Date 05/02/20 11/02/21 09/02/22 08/02/23 08/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,530 6,237 6,744 7,042 8,745 9,691 10,409 10,948
EBITDA - - - - - - - -
EBIT 1 4,052 3,851 4,030 4,216 5,445 6,162 6,445 6,717
Operating Margin 62.05% 61.74% 59.76% 59.87% 62.26% 63.59% 61.92% 61.36%
Earnings before Tax (EBT) 1 3,817 1,821 3,838 4,211 5,677 6,068 6,064 6,532
Net income 1 3,084 1,503 3,089 3,293 4,300 4,540 4,605 4,899
Net margin 47.23% 24.1% 45.8% 46.76% 49.17% 46.85% 44.24% 44.75%
EPS 2 12.22 6.220 12.08 12.88 16.27 15.76 16.19 16.43
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 5.500 3.100 6.000 - 7.500 8.365 9.753 11.28
Announcement Date 05/02/20 11/02/21 09/02/22 08/02/23 08/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,804 1,631 1,671 1,726 2,013 1,927 2,055 2,103 2,659 2,359 2,442 2,359 2,796 3,260 3,350
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,049 936 969 1,050 1,262 1,166 1,238 1,317 1,724 1,533 1,596 1,537 1,706 2,057 2,131
Operating Margin 58.15% 57.39% 57.99% 60.83% 62.69% 60.51% 60.24% 62.62% 64.84% 64.99% 65.37% 65.13% 61.01% 63.1% 63.61%
Earnings before Tax (EBT) 1 1,073 921 1,021 1,044 1,225 1,131 1,336 1,396 1,815 1,498 1,438 1,532 1,704 1,992 2,040
Net income 1 871 734 775 809 975 846 1,028 1,008 1,448 1,124 1,053 1,148 1,281 1,470 1,509
Net margin 48.28% 45% 46.38% 46.87% 48.44% 43.9% 50.02% 47.93% 54.46% 47.65% 43.15% 48.66% 45.83% 45.1% 45.04%
EPS 2 3.410 2.870 3.030 3.160 3.810 3.310 3.900 3.940 5.480 4.260 4.034 4.342 4.078 3.916 4.020
Dividend per Share 2 6.000 - - - - - - - 7.500 - 4.100 - 9.000 - -
Announcement Date 09/02/22 05/05/22 18/08/22 26/10/22 08/02/23 04/05/23 09/08/23 26/10/23 08/02/24 25/04/24 - - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 14% 6.4% 12.6% - 14.4% 14% 13.1% 12.4%
ROA (Net income/ Total Assets) 1.28% 0.55% 1.04% - 1.26% 1.17% 1.14% 1.06%
Assets 1 241,844 273,273 295,740 - 340,109 387,456 405,148 462,778
Book Value Per Share 2 89.90 96.00 99.10 - 115.0 123.0 133.0 135.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 05/02/20 11/02/21 09/02/22 08/02/23 08/02/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
130.6 NOK
Average target price
153.6 NOK
Spread / Average Target
+17.61%
Consensus
  1. Stock Market
  2. Equities
  3. SRBNK Stock
  4. 0Q57 Stock
  5. Financials SpareBank 1 SR-Bank ASA