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SpareBank 1 Nord-Norge (OSL:NONG) Market Cap : kr10,078 Mil (As of May. 01, 2024)


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What is SpareBank 1 Nord-Norge Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). SpareBank 1 Nord-Norge's share price for the quarter that ended in Dec. 2023 was kr103.2. SpareBank 1 Nord-Norge's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 100 Mil. Therefore, SpareBank 1 Nord-Norge's market cap for the quarter that ended in Dec. 2023 was kr10,361 Mil.

SpareBank 1 Nord-Norge's quarterly market cap declined from Jun. 2023 (kr9,749 Mil) to Sep. 2023 (kr9,608 Mil) but then increased from Sep. 2023 (kr9,608 Mil) to Dec. 2023 (kr10,361 Mil).

SpareBank 1 Nord-Norge's annual market cap declined from Dec. 2021 (kr11,305 Mil) to Dec. 2022 (kr9,638 Mil) but then increased from Dec. 2022 (kr9,638 Mil) to Dec. 2023 (kr10,361 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. SpareBank 1 Nord-Norge's Enterprise Value for Today is kr32,657 Mil.


SpareBank 1 Nord-Norge Market Cap Historical Data

The historical data trend for SpareBank 1 Nord-Norge's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SpareBank 1 Nord-Norge Market Cap Chart

SpareBank 1 Nord-Norge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,881.24 7,489.69 11,304.81 9,638.21 10,361.07

SpareBank 1 Nord-Norge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,638.21 8,845.06 9,748.65 9,608.09 10,361.07

Competitive Comparison of SpareBank 1 Nord-Norge's Market Cap

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 Nord-Norge's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nord-Norge's Market Cap distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nord-Norge's Market Cap falls into.



SpareBank 1 Nord-Norge Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

SpareBank 1 Nord-Norge's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=kr103.2*100.398
=kr10,361

SpareBank 1 Nord-Norge's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=kr103.2*100.398
=kr10,361

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SpareBank 1 Nord-Norge  (OSL:NONG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


SpareBank 1 Nord-Norge Market Cap Related Terms

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SpareBank 1 Nord-Norge (OSL:NONG) Business Description

Traded in Other Exchanges
Address
Storgata 65, PO Box 6800, Tromso, NOR, 9008
SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely Retail Banking, Corporate Banking, and leasing & Markets. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurances. The Corporate Banking segment focuses purely on corporate customers. The bank also provides real estate brokerage, trading in securities, active investment management, and value assessment.

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