Risk factor
Significant default risk
Profitability factor
Undervalued vs peers
About
Operating primarily in Norway's Vestland and Rogaland counties, Sparebanken Norge (which will adopt this name from Sparebanken Vest in May 2025) delivers a full spectrum of financial services, including comprehensive banking and financing solutions. The institution manages its diverse offerings through segments such as Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities. Beyond traditional banking, its services extend to investment banking, trading securities for professional clients, providing leasing and sales mortgage loans, and engaging in real estate agency. The company, established in 1823, maintains its headquarters in Bergen, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E.