Financials SpareBank 1 SR-Bank ASA

Equities

SRBNK

NO0010631567

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
131 NOK -0.30% Intraday chart for SpareBank 1 SR-Bank ASA +2.66% +1.63%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,566 23,265 34,061 30,866 34,049 34,609 - -
Enterprise Value (EV) 1 25,566 23,265 34,061 30,866 34,049 34,609 34,609 34,609
P/E ratio 8.18 x 14.6 x 11 x 9.37 x 7.92 x 8.31 x 8.12 x 8 x
Yield 5.5% 3.41% 4.5% - 5.82% 6.57% 7.99% 8.61%
Capitalization / Revenue 3.92 x 3.73 x 5.05 x 4.38 x 3.89 x 3.57 x 3.33 x 3.17 x
EV / Revenue 3.92 x 3.73 x 5.05 x 4.38 x 3.89 x 3.57 x 3.33 x 3.17 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 0.99 x 0.94 x
Nbr of stocks (in thousands) 255,659 255,655 255,710 255,722 264,148 264,188 - -
Reference price 2 100.0 91.00 133.2 120.7 128.9 131.0 131.0 131.0
Announcement Date 2/5/20 2/11/21 2/9/22 2/8/23 2/8/24 - - -
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 10,378 10,920
EBITDA - - - - - - - -
EBIT 1 4,052 3,851 4,030 4,216 5,445 6,026 6,307 6,598
Operating Margin 62.05% 61.74% 59.76% 59.87% 62.26% 62.18% 60.77% 60.42%
Earnings before Tax (EBT) 1 3,817 1,821 3,838 4,211 5,677 6,059 6,083 6,793
Net income 1 3,084 1,503 3,089 3,293 4,300 4,544 4,586 4,877
Net margin 47.23% 24.1% 45.8% 46.76% 49.17% 46.89% 44.19% 44.66%
EPS 2 12.22 6.220 12.08 12.88 16.27 15.77 16.14 16.37
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 5.500 3.100 6.000 - 7.500 8.609 10.46 11.28
Announcement Date 2/5/20 2/11/21 2/9/22 2/8/23 2/8/24 - - -
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 2,389 2,355 2,794 3,220 3,307
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,049 936 969 1,050 1,262 1,166 1,238 1,317 1,724 1,533 1,532 1,492 1,668 2,018 2,083
Operating Margin 58.15% 57.39% 57.99% 60.83% 62.69% 60.51% 60.24% 62.62% 64.84% 64.99% 64.16% 63.36% 59.69% 62.67% 62.99%
Earnings before Tax (EBT) 1 1,073 921 1,021 1,044 1,225 1,131 1,336 1,396 1,815 1,498 1,401 1,522 1,702 1,878 1,942
Net income 1 871 734 775 809 975 846 1,028 1,008 1,448 1,124 1,061 1,139 1,279 1,386 1,438
Net margin 48.28% 45% 46.38% 46.87% 48.44% 43.9% 50.02% 47.93% 54.46% 47.65% 44.41% 48.38% 45.79% 43.04% 43.48%
EPS 2 3.410 2.870 3.030 3.160 3.810 3.310 3.900 3.940 5.480 4.260 4.065 4.310 4.075 3.690 3.830
Dividend per Share 2 6.000 - - - - - - - 7.500 - - - 9.000 - -
Announcement Date 2/9/22 5/5/22 8/18/22 10/26/22 2/8/23 5/4/23 8/9/23 10/26/23 2/8/24 4/25/24 - - - - -
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% 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 - 340,109 387,824 403,445 460,712
Book Value Per Share 2 89.90 96.00 99.10 - 115.0 123.0 133.0 139.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/5/20 2/11/21 2/9/22 2/8/23 2/8/24 - - -
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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
131 NOK
Average target price
152.2 NOK
Spread / Average Target
+16.18%
Consensus
  1. Stock Market
  2. Equities
  3. SRBNK Stock
  4. Financials SpareBank 1 SR-Bank ASA