Stock SOR SPAREBANKEN SØR
Add to a list
To use this feature you must be a member
Log inSign up

Financials Sparebanken Sør

Equities

SOR

NO0006001502

Banks

Market Closed - Oslo Bors
Other stock markets
 10:45:00 2024-04-29 am EDT 		5-day change 1st Jan Change
145.2 NOK +0.04% Intraday chart for Sparebanken Sør +0.15% +0.86%
Apr. 08 Sparebanken Sør Issues NOK250 Million Tier 2 Bond MT
Mar. 21 Sparebanken Sør Approves Dividend, Payable on April 4, 2024 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,722 1,794 2,265 5,383 5,986 6,035 - -
Enterprise Value (EV) 1 1,722 1,794 2,265 5,383 5,986 6,035 6,035 6,035
P/E ratio 9.4 x 10.1 x 12 x 10.9 x 8.78 x 8.02 x 8.53 x 9.28 x
Yield 7.27% 5.24% 5.48% 4.63% 6.94% 8.95% 8.72% 8.72%
Capitalization / Revenue 0.73 x 0.73 x 0.89 x 1.9 x 1.68 x 1.55 x 1.61 x 1.66 x
EV / Revenue 0.73 x 0.73 x 0.89 x 1.9 x 1.68 x 1.55 x 1.61 x 1.66 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.86 x 0.82 x 1.07 x 0.92 x 0.96 x 0.91 x 0.89 x 0.88 x
Nbr of stocks (in thousands) 15,659 15,664 15,514 41,571 41,571 41,571 - -
Reference price 2 110.0 114.5 146.0 129.5 144.0 145.2 145.2 145.2
Announcement Date 2/6/20 2/11/21 2/11/22 2/10/23 2/9/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,368 2,444 2,549 2,834 3,573 3,885 3,744 3,642
EBITDA - - - - - - - -
EBIT 1 1,450 1,486 1,531 1,690 2,276 2,501 2,317 2,166
Operating Margin 61.23% 60.8% 60.06% 59.63% 63.7% 64.38% 61.88% 59.46%
Earnings before Tax (EBT) 1 1,467 1,403 1,549 1,615 2,227 2,399 2,236 2,098
Net income 1 1,125 1,094 1,223 1,283 1,773 1,905 1,794 1,649
Net margin 47.51% 44.76% 47.98% 45.27% 49.62% 49.05% 47.92% 45.27%
EPS 2 11.70 11.30 12.20 11.90 16.40 18.10 17.03 15.64
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 8.000 6.000 8.000 6.000 10.00 13.00 12.67 12.67
Announcement Date 2/6/20 2/11/21 2/11/22 2/10/23 2/9/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 658 682 612 654 677 892 828 867 935 943 947.5 988.3 978.2 970.4 956
EBITDA - - - - - - - - - - - - - - -
EBIT 1 409 414 352 361 395 581 525 541 637 573 617.7 634 647.2 602 610
Operating Margin 62.16% 60.7% 57.52% 55.2% 58.35% 65.13% 63.41% 62.4% 68.13% 60.76% 65.2% 64.15% 66.16% 62.03% 63.81%
Earnings before Tax (EBT) 1 407 412 355 351 344 566 529 550 605 543 590.7 607.3 620.9 579.7 563
Net income 1 315 328 276 273 267 468 462 426 457 426 523.5 480.1 467.2 434.9 531
Net margin 47.87% 48.09% 45.1% 41.74% 39.44% 52.47% 55.8% 49.13% 48.88% 45.17% 55.25% 48.58% 47.76% 44.82% 55.54%
EPS 2 3.200 3.200 2.600 2.400 2.500 4.500 4.300 3.900 4.300 3.900 4.983 4.566 4.438 4.128 4.950
Dividend per Share 2 - 8.000 - - - 6.000 - - - 10.00 - - - 11.00 -
Announcement Date 10/28/21 2/11/22 5/5/22 8/12/22 10/27/22 2/10/23 5/5/23 8/15/23 10/26/23 2/9/24 - - - - -
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) 9.5% 8.4% 9% 8.7% 11.3% 11.8% 10.7% 9.31%
ROA (Net income/ Total Assets) 0.9% 0.81% 0.85% 0.85% 1.13% 1.2% 1.1% 1.05%
Assets 1 125,306 135,816 143,158 150,764 157,418 158,792 163,099 157,046
Book Value Per Share 2 129.0 140.0 136.0 141.0 150.0 159.0 163.0 166.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/6/20 2/11/21 2/11/22 2/10/23 2/9/24 - - -
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

Ratings for Sparebanken Sør

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
145.2 NOK
Average target price
165.7 NOK
Spread / Average Target
+14.11%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

1st Jan change Capi.
SPAREBANKEN SØR Stock Sparebanken Sør
+0.86% 546M
JPMORGAN CHASE & CO. Stock JPMorgan Chase & Co.
+14.10% 556B
BANK OF AMERICA CORPORATION Stock Bank of America Corporation
+12.74% 298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Stock Industrial and Commercial Bank of China Limited
+9.95% 247B
WELLS FARGO & COMPANY Stock Wells Fargo & Company
+22.17% 210B
BANK OF CHINA LIMITED Stock Bank of China Limited
+21.81% 170B
CHINA CONSTRUCTION BANK CORPORATION Stock China Construction Bank Corporation
+9.03% 162B
HSBC HOLDINGS PLC Stock HSBC Holdings plc
+5.17% 153B
ROYAL BANK OF CANADA Stock Royal Bank of Canada
+0.40% 139B
HDFC BANK LIMITED Stock HDFC Bank Limited
-10.52% 138B
Other Banks
  1. Stock Market
  2. Equities
  3. SOR Stock
  4. Financials Sparebanken Sør