Sparebank 1 Nord-Norge Stock

Sparebank 1 Nord-Norge P/E 2024

Sparebank 1 Nord-Norge P/E

7.85

Ticker

NONG.OL

ISIN

NO0006000801

WKN

A0DK56

As of Oct 3, 2024, Sparebank 1 Nord-Norge's P/E ratio was 7.85, a -0.13% change from the 7.86 P/E ratio recorded in the previous year.

The Sparebank 1 Nord-Norge P/E history

Sparebank 1 Nord-Norge Aktienanalyse

What does Sparebank 1 Nord-Norge do?

Sparebank 1 Nord-Norge, also known as SNBN, is a Norwegian bank located in Tromsø, a city in Northern Norway. The bank was established in 1824 and has since been an important institution in the region. Its business area includes the counties of Nordland, Troms, and Finnmark, making it the largest geographical bank in Norway. SNBN is a member bank of the Sparebank 1 network, which consists of 14 independent savings banks operating in various regions of Norway. The network was established in 1996 to promote competition in the banking industry and offer an alternative to the large banks in Norway. Since then, the member banks have together developed a wide range of financial services tailored to the needs of local customers. SNBN offers a variety of products and services, including savings and checking accounts, credit cards, loans and mortgages, investment and asset management services, and insurance. The bank also has the ability to provide its customers with customized solutions and personal advice to meet their individual needs. SNBN also has various business divisions, including real estate and banking operations, corporate financing, fund management, accounting, and human resources. These business areas are tailored to the needs of businesses and individual customers in the region. The bank has also specialized in financing renewable energy projects. SNBN is one of the largest funders of wind energy projects in Norway and has also invested in hydropower projects. The bank is committed to supporting sustainable energy supply in the region. In recent years, the bank has also developed a strong online presence and offers its customers a wide range of digital services, such as a mobile application that allows customers to manage their accounts and complete banking transactions online. SNBN is committed to promoting responsible corporate governance and has launched various initiatives to promote economic, social, and environmental sustainability in the region. The bank is also committed to supporting the communities in which it operates and has established strong partnerships with various organizations and institutions at the local level. Overall, Sparebank 1 Nord-Norge is an important regional bank that offers a wide range of financial services and focuses on the needs of businesses and individual customers in Northern Norway. The bank has a long history in the region and is committed to continuing its dedication to the local community and promoting economic and environmental sustainability. Sparebank 1 Nord-Norge ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sparebank 1 Nord-Norge's P/E Ratio

The Price to Earnings (P/E) Ratio of Sparebank 1 Nord-Norge is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Sparebank 1 Nord-Norge's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Sparebank 1 Nord-Norge is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Sparebank 1 Nord-Norge’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Sparebank 1 Nord-Norge stock

What is the price-to-earnings ratio of Sparebank 1 Nord-Norge?

The price-earnings ratio of Sparebank 1 Nord-Norge is currently 7.85.

How has the price-earnings ratio of Sparebank 1 Nord-Norge changed compared to last year?

The price-to-earnings ratio of Sparebank 1 Nord-Norge has increased by -0.13% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Sparebank 1 Nord-Norge high compared to other companies?

Yes, the price-to-earnings ratio of Sparebank 1 Nord-Norge is high compared to other companies.

How does an increase in the price-earnings ratio of Sparebank 1 Nord-Norge affect the company?

An increase in the price-earnings ratio of Sparebank 1 Nord-Norge would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Sparebank 1 Nord-Norge affect the company?

A decrease in the price-earnings ratio of Sparebank 1 Nord-Norge would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Sparebank 1 Nord-Norge?

Some factors that influence the price-earnings ratio of Sparebank 1 Nord-Norge are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Sparebank 1 Nord-Norge pay?

Over the past 12 months, Sparebank 1 Nord-Norge paid a dividend of 16.4 NOK . This corresponds to a dividend yield of about 15.36 %. For the coming 12 months, Sparebank 1 Nord-Norge is expected to pay a dividend of 16.59 NOK.

What is the dividend yield of Sparebank 1 Nord-Norge?

The current dividend yield of Sparebank 1 Nord-Norge is 15.36 %.

When does Sparebank 1 Nord-Norge pay dividends?

Sparebank 1 Nord-Norge pays a quarterly dividend. This is distributed in the months of April, October, April, April.

How secure is the dividend of Sparebank 1 Nord-Norge?

Sparebank 1 Nord-Norge paid dividends every year for the past 23 years.

What is the dividend of Sparebank 1 Nord-Norge?

For the upcoming 12 months, dividends amounting to 16.59 NOK are expected. This corresponds to a dividend yield of 15.55 %.

In which sector is Sparebank 1 Nord-Norge located?

Sparebank 1 Nord-Norge is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Sparebank 1 Nord-Norge kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sparebank 1 Nord-Norge from 4/4/2024 amounting to 7 NOK, you needed to have the stock in your portfolio before the ex-date on 3/15/2024.

When did Sparebank 1 Nord-Norge pay the last dividend?

The last dividend was paid out on 4/4/2024.

What was the dividend of Sparebank 1 Nord-Norge in the year 2023?

In the year 2023, Sparebank 1 Nord-Norge distributed 8.6 NOK as dividends.

In which currency does Sparebank 1 Nord-Norge pay out the dividend?

The dividends of Sparebank 1 Nord-Norge are distributed in NOK.

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Andere Kennzahlen von Sparebank 1 Nord-Norge

Our stock analysis for Sparebank 1 Nord-Norge Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sparebank 1 Nord-Norge Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.