SpareBank 1 SMN (SRMGF) Stock Price, News & Analysis

Company Overview

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Key Stats

• Today's Range: $12.43 to $12.43
• 50-Day Range: $12.43 to $12.43
• 52-Week Range: $12.43 to $12.43
• Volume: N/A
• Average Volume: 1,560 shs
• Market Capitalization: N/A
• P/E Ratio: 1.42
• Dividend Yield: 10.56%
• Price Target: N/A
• Consensus Rating: N/A

SpareBank 1 SMN Stock Analysis - MarketRank™

SpareBank 1 SMN scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SpareBank 1 SMN.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of SpareBank 1 SMN is 1.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of SpareBank 1 SMN is 1.42, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.19.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

SpareBank 1 SMN has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SpareBank 1 SMN has recently increased by 3,500.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

SpareBank 1 SMN pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

SpareBank 1 SMN does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of SpareBank 1 SMN is 14.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

SpareBank 1 SMN has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SpareBank 1 SMN has recently increased by 3,500.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

SpareBank 1 SMN has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for SpareBank 1 SMN this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SpareBank 1 SMN insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 33.76% of the stock of SpareBank 1 SMN is held by institutions.

SRMGF Stock Analysis - Frequently Asked Questions

How have SRMGF shares performed this year?

SpareBank 1 SMN's stock was trading at $11.50 at the beginning of 2024. Since then, SRMGF stock has increased by 8.1% and is now trading at $12.43.
View the best growth stocks for 2024 here.

How do I buy shares of SpareBank 1 SMN?

Shares of SRMGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Banks - Regional
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SRMGF
• CUSIP: N/A
• CIK: N/A
• Web: www.sparebank1.no
• Phone: 47 91 50 73 00
• Fax: N/A
• Employees: 1,649
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 1.42
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A