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SpareBank 1 Ostlandet (SPRBF)

OTC Financial Services Banks - Regional
$12.26 ▼ -18.54%
Market Cap
$1.42B
Sector
Financial Services
Industry
Banks - Regional
Beta
0.57
52-Wk Range
12.26-15.6
CEO
Klara-Lise Aasen
Country
NO
Currency
USD

SpareBank 1 Ostlandet operates in the Banks - Regional industry of the Financial Services sector, headquartered in Hamar, NO. The stock last traded at $12.26, down 18.54% on the session, giving a market capitalisation of $1.42B. On trailing twelve-month figures it carries a trailing P/E of 10.27, a net margin of 22.7%. Its beta of 0.57 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
10.27
Price / Sales
1.77
Price / Book
1.03
EV / EBITDA
18.83
Gross margin
48.7%
Operating margin
29.5%
Net margin
22.7%
Return on equity
Debt / equity
1.95
Current ratio
0.12
Dividend yield
6.9%
Payout ratio
59.6%
Company profile
Exchange
Other OTC
Employees
1,225
IPO date
2023-06-15
Headquarters
Hamar, NO
About SpareBank 1 Ostlandet

SpareBank 1 Østlandet delivers a comprehensive array of financial services and products, catering to private individuals, businesses, public sector entities, clubs, and community associations. Its core offerings span traditional banking essentials such as deposits, financing, and savings, complemented by expert advisory services, comprehensive life and non-life insurance, and pension planning solutions. Additionally, the bank extends its portfolio to include credit cards, asset leasing, money transfer facilities, and sophisticated capital and investment management. Further services encompass debt recovery, real estate brokerage and rental, factoring, specialized trade and corporate finance, and accounting support. Established in 1845 and headquartered in Hamar, Norway, the institution operates 36 branches across the Innlandet, Oslo, and Viken regions. SpareBank 1 Østlandet functions as a subsidiary of Sparebankstiftelsen Hedmark.

Comparable companies

SpareBank 1 Ostlandet is most often compared with the following Financial Services names:

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