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1 Comment
SpareBank 1 SR-Bank ASA is currently in a long term uptrend where the price is trading 20.6% above its 200 day moving average.
From a valuation standpoint, the stock is 89.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.7.
SpareBank 1 SR-Bank ASA's total revenue sank by 5.7% to $1B since the same quarter in the previous year.
Its net income has increased by 4.1% to $505M since the same quarter in the previous year.
Finally, its free cash flow grew by 39.7% to $-3B since the same quarter in the previous year.
Based on the above factors, SpareBank 1 SR-Bank ASA gets an overall score of 4/5.
| ISIN | NO0010631567 |
|---|---|
| CurrencyCode | EUR |
| Industry | Banks-Regional |
| Sector | Financial Services |
| Exchange | F |
| Beta | 1.03 |
|---|---|
| Dividend Yield | 6.0% |
| Target Price | None |
| PE Ratio | 9.12 |
| Market Cap | 3B |
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.
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