What is Sparebanken Norge's (SBNOR.OL) StockRank?

MoatMap's StockRank for Sparebanken Norge (SBNOR.OL) is 56/100, with a Hold signal. This is a composite score combining Quality (48), Value (53), and Momentum (44) factor ranks across MoatMap's 20,000+ stock universe.

Does Sparebanken Norge have an economic moat?

Sparebanken Norge (SBNOR.OL) has a Quality factor score of 48/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Sparebanken Norge a buy, hold, or sell?

MoatMap's current signal for Sparebanken Norge (SBNOR.OL) is Hold, based on a StockRank of 56/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Sparebanken Norge in?

Sparebanken Norge (SBNOR.OL) operates in the Financial Services sector, specifically the Banks - Regional industry (Norway).

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SBNOR.OL

HOLDREMOVE

Sparebanken Norge · Financial Services · Norway · $3.6B · Avg Vol: $3M/d

StockRank

P/E (TTM)

11.1x

ROE

18.8%

D/E

—

Dividend %

6.6%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Sparebanken Norge is a regional Norwegian savings bank. While it is a stable, well-run financial institution, it is a localized business with limited growth prospects and does not align with our global macro themes.

COMPANY DESCRIPTION

Sparebanken Norge is a leading regional financial group providing banking, leasing, and estate agency services in northern Norway. The bank's competitive advantage lies in its dominant regional market share, deep community integration, and participation in the SpareBank 1 Alliance for shared IT and product development. It is a highly stable, regional banking leader with a conservative risk profile and strong local deposit base.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	549M	671M	806M	1.3B	32.0%
EPS	111.30	1.38	1.80	1.81	-74.6%
Shares	110M	110M	110M	173M	+57.9%
Debt	11.1B	13.9B	12.7B	21.4B	24.5%
Equity	2.4B	2.5B	2.8B	5.8B	34.7%
Op CF	258M	410M	479M	752M	42.9%
Inv CF	-2.9B	-4.2B	-3.1B	-3.5B	—
Fin CF	2.6B	3.8B	2.6B	2.7B	—

PRICE (1M)-6.2%

SMA 50SMA 200

$19.96

RSI (14)

36.2

52W High

$22.93

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC (ROA)

1.6%*54.1

ROE

18.8%82.3

GP/Assets

2.2%24.5

Op. Margin

67.1%85.4

FCF/Assets

—N/A

Piotroski

—68.0

Int. Cover

—N/A

D/E Ratio

—N/A

Current Ratio

—N/A

Value

P/E (TTM)

11.1x62.7

EV/EBITDA

—N/A

P/FCF

—N/A

P/B

0.7x77.8

P/S

2.5x66.0

Div Yield

6.6%84.3

Momentum

52W High %

87%39.1

RS 6M

-19%25.1

SMA 50/200

1.09x72.3

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+2%22.3

Q Growth

48%74.9

FUNDAMENTALS

Market Cap

$3.6B

P/E (Forward)

10.9x

Gross Margin

0.0%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of SBNOR.OL are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
SBNOR.OL	Sparebanken Norge(you)	$3.6B	56	HOLD
MING.OL	SpareBank 1 SMN	$3.0B	41	HOLD
SPOL.OL	SpareBank 1 Østlandet	$2.9B	40	HOLD
NONG.OL	SpareBank 1 Nord-Norge	$1.6B	50	HOLD
SB1NO.OL	SpareBank 1 Sør-Norge ASA	$7.8B	36	HOLD
RING.OL	SpareBank 1 Ringerike Hadeland	$740M	62	HOLD
MORG.OL	Sparebanken Møre	$605M	41	HOLD
SOAG.OL	SpareBank 1 Østfold Akershus	$597M	39	HOLD
ROGS.OL	Rogaland Sparebank	$372M	39	HOLD
DNB.OL	DNB Bank ASA	$44.7B	44	HOLD

Peer medians: ROE 12.3% · P/E 10.8x · Gross margin 0.0%

Sparebanken Norge (SBNOR.OL) — Stock Score Summary

Sparebanken Norge (SBNOR.OL) has a MoatMap StockRank of 56/100 based on Quality (48/100), Value (53/100), and Momentum (44/100) factor scores. The current signal is HOLD. Sparebanken Norge is a regional Norwegian savings bank. While it is a stable, well-run financial institution, it is a localized business with limited growth prospects and does not align with our global macro themes.

Key Financial Metrics

Price	$19.96
Market Cap	$3.6B
P/E (TTM)	11.09
P/E (Forward)	10.91
Price/Book	0.69
Return on Equity	18.8%
Gross Margin	0.0%
Operating Margin	67.1%
Revenue Growth	60.4%
Dividend Yield	6.6%

Sparebanken Norge operates in the Banks - Regional industry, part of the Financial Services sector (Norway).

Frequently Asked Questions

What is Sparebanken Norge’s (SBNOR.OL) StockRank?: MoatMap’s StockRank for Sparebanken Norge (SBNOR.OL) is 56/100, with a Hold signal. It is a composite of Quality (48), Value (53), and Momentum (44) factor ranks across MoatMap’s 20,000+ stock universe.
Does Sparebanken Norge have an economic moat?: Sparebanken Norge (SBNOR.OL) has a Quality factor score of 48/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Sparebanken Norge a buy, hold, or sell?: MoatMap’s current signal for Sparebanken Norge (SBNOR.OL) is Hold, based on a StockRank of 56/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Sparebanken Norge in?: Sparebanken Norge (SBNOR.OL) operates in the Financial Services sector, specifically the Banks - Regional industry (Norway).