About
About SpareBank 1 SR-Bank ASA
SpareBank 1 Sør-Norge ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Norway. The company operates through Retail Market, Corporate Market, SME & Agriculture, and Other Activities segments. It offers savings, loans, insurance, and pension products. The company also provides account and payment, international cash management, foreign exchange, administrative securities, accounting, estate agency, HR, securities trading, and investment services; green loans; credit cards; consulting; commercial properties for leasing; and banking services. In addition, it facilitates and advises debt and equity funding; and sells real estate properties, homes, and commercial properties. Further, the company is involved in the customer trading of interest-rate instruments; and purchasing of home mortgages. It serves retail and corporate, SME, 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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5 years, 5 months ago
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.