Risk factor
Critical default risk
Profitability factor
Excellent dividends
About
SpareBank 1 Nord-Norge delivers a full spectrum of financial services to both individual consumers and business clients throughout Northern Norway. Its operations are structured across several key divisions: Retail Banking, Corporate Banking, Leasing, and Capital Markets. The company's diverse offerings include deposit accounts, various lending options, insurance policies, pension schemes, and payment processing. Additionally, it specializes in providing secured credit, real estate leasing and brokerage, billing system solutions, and accounting support. The institution boasts a considerable footprint, operating 38 branches across 36 municipalities spanning Nordland, Troms, Finnmark, and Svalbard. Founded in 1836, its primary headquarters are located in Tromsø, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on
Target Price
The average target price of NONG.OL is 147 and suggests 6.23% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to