Jaeren Sparebank
327.85
NOK
+7.85
(+2.45%)
ISIN
NO0010359433
Return %
Stock
S&P 500
1Y
-10.18
14.20
3Y
36.60
81.12
5Y
72.55
68.34
Capital Structure
NOK
•
in mil. unless spec.Working Capital
NOK
•
in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
•
in mil. unless spec.Quarterly Dividends Per Share
NOK
•
in mil. unless spec.Company Description
- CEO
- Per Bergstad
- Full Time Employees
- 97
- Sector
- Finance
- Industry
- Regional banks
- Address
- Bryne Norway
- IPO Date
- May 3, 2007
- Website
- jaerensparebank.no
- Similar Companies
- Business
- Jaeren Sparebank is an independent regional financial institution that provides retail, commercial, and private banking products and related financial services to individuals, agricultural businesses, and small to medium-sized enterprises (SMEs) in southwestern Norway. The bank traces its historical roots to 1923 and was formed in its present corporate structure through the 2015 merger of Klepp Sparebank and Time Sparebank. Headquartered in Bryne, Norway, Jaeren Sparebank operates a regional branch network and digital platforms serving customers primarily across the municipalities of Time, Klepp, Ha, Gjesdal, and adjacent areas in Rogaland county. The institution functions as an active member of the Eika Alliance (Eika Alliansen), partnering with independent Norwegian savings banks to access shared banking technology, asset management, insurance underwriting, and wholesale financing infrastructure. The bank conducts its operations through two principal reporting segments: Retail Banking (Personmarked) and Corporate Banking (Bedriftsmarked). Its comprehensive product and service portfolio includes deposit products, comprising personal checking accounts, high-yield savings accounts, specialized youth housing savings accounts (BSU), and business transactional accounts; retail lending solutions, including residential fixed- and floating-rate mortgages, home equity credit lines, green housing loans, auto financing, and personal loans; commercial financing products, encompassing commercial real estate mortgages, agricultural term loans, construction loans, equipment and vehicle leasing, liquidity facilities, and operating credit lines; card and payment services, including national BankAxept debit cards, international credit cards, electronic invoicing, international wire transfers, and Vipps mobile payment integration; wealth management and investment products, featuring mutual fund distribution, index funds, discretionary asset management, and individual pension savings (IPS) plans; insurance solutions, provided in partnership with Eika Forsikring, spanning personal non-life insurance (home, auto, travel, and personal liability), commercial property and liability coverage, agricultural insurance, life insurance, and occupational pension schemes; and real estate brokerage services, delivered through its associated brokerage operations under the Aktiv Eiendomsmegling brand. In recent developments, Jaeren Sparebank has reinforced its strategic alignment within the Eika Alliance, leveraging co-ownership of Eika Boligkreditt AS to issue covered bonds and secure cost-effective wholesale liquidity for residential mortgage portfolios. Over the past two years, the institution has advanced its operational modernization by implementing upgraded digital banking platforms, introducing automated mortgage underwriting workflows, and rolling out enhanced self-service mobile banking tools for retail and business clients. In addition, the bank has expanded its sustainable finance initiatives by introducing standardized green commercial lending frameworks and sustainability-linked financing terms for local agriculture and renewable energy projects. Jaeren Sparebank continues to trade its primary capital certificates on Euronext Oslo Boers under the ticker JAREN, maintaining an active capital management program that balances regulatory capital adequacy with competitive dividend returns and community endowment allocations.