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SRMGF (SpareBank 1 SMN) ROE % Adjusted to Book Value : 30.68% (As of Sep. 2024)


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What is SpareBank 1 SMN ROE % Adjusted to Book Value?

SpareBank 1 SMN's ROE % for the quarter that ended in Sep. 2024 was 20.25%. SpareBank 1 SMN's PB Ratio for the quarter that ended in Sep. 2024 was 0.66. SpareBank 1 SMN's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 was 30.68%.

SpareBank 1 SMN ROE % Adjusted to Book Value Historical Data

The historical data trend for SpareBank 1 SMN's ROE % Adjusted to Book Value 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.

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SpareBank 1 SMN ROE % Adjusted to Book Value Chart

SpareBank 1 SMN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.42 31.30 18.60 12.36 15.06

SpareBank 1 SMN Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Adjusted to Book Value 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 11.64 20.58 16.22 15.84 30.68

Competitive Comparison of SpareBank 1 SMN's ROE % Adjusted to Book Value

For the Banks - Regional subindustry, SpareBank 1 SMN's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 SMN's ROE % Adjusted to Book Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's ROE % Adjusted to Book Value falls into.


SpareBank 1 SMN ROE % Adjusted to Book Value Calculation

SpareBank 1 SMN's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.55% / 0.90
=15.06%

SpareBank 1 SMN's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=20.25% / 0.66
=30.68%

* 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 SMN ROE % Adjusted to Book Value Related Terms

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SpareBank 1 SMN Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 SMN (OTCPK:SRMGF) » Definitions » ROE % Adjusted to Book Value
Comparable Companies
OSL:SPOL OSL:SVEG OSL:NONG OSL:SRBNK OSL:SOON OSL:SOR OSL:RING OSL:SOAG OSL:PARB OSL:MORG CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
MING:Norway MINGo:UK 0IVM:UK SJI:Germany
Address
Sondre gate 4, Trondheim, NOR, 7011
Website
https://www.sparebank1.no
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN Headlines

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