1. Norway Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
SpareBank 1 Nordmøre

SpareBank 1 Nordmøre

SNOR.OL
SpareBank 1 NordmøreNO flagOslo Stock Exchange
180.40
NOK
-1.56
- -
1.63BMarket Cap
SpareBank 1 Nordmøre
SNOR.OL
(Oslo Stock Exchange)

Recent

price

180.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
218.19
196.38
223.58
280.12
316.96
266.17
330.16
194.95
182.18
216.53
181.41
64.89
86.74
98.67
112.35
115.64
120.31
Revenue per Share
55.04
31.27
47.76
75.59
108.96
70.14
130.42
78.9
61.33
102.41
63.74
15.67
36.75
34.66
53.64
55.55
60.71
Basic EPS, GAAP
-250.54
85.54
-49.52
-39.83
-177.59
31.04
74.98
42.2
-395.65
5.94
146.65
-165.64
-14.01
33.11
-46.79
28.44
17.88
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
6.25
5.25
4.41
5.63
6
6.69
1.66
4.97
8.39
6.95
8.52
- -
Dividend per Share
- -
- -
- -
100
100
100
99.96
100
100
100
99.84
100.31
99.98
100
99.99
100.26
100
Book Value per Share
620.58
679.49
712.9
910.76
987.19
1,142.65
1,336.69
847.48
899.17
966.89
1,019.4
359.64
387.89
407.83
452.83
503.29
471.21
Tangible Book Value per Share
1
1
1
1
1
1
1
2
2
2
2
9
9
9
9
9
9
Basic Weighted Avg Shares
262
236
268
336
380
319
396
437
409
486
407
588
786
894
1,018
1,045
1,090
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
7
7
10
21
12
10
16
11
12
17
21
23
25
20
21
20
20
Depreciation Expense
66
38
57
91
131
84
157
177
138
230
143
142
333
314
486
502
550
Net Income, GAAP
20.86
24.41
20.34
16.24
17.96
23.19
19.24
13.97
19.39
12.22
17.14
16.57
14.76
22.98
18.43
19.33
17.76
Effective Tax Rate (%)
25.22
15.92
21.36
26.98
34.38
26.35
39.5
40.47
33.66
47.3
35.14
24.15
42.37
35.12
47.74
48.04
50.46
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
4,010
3,710
3,885
3,803
3,854
3,858
3,782
3,596
4,268
4,303
4,343
6,123
6,797
6,563
6,581
6,603
6,831
LT Debt
745
815
855
1,093
1,185
1,371
1,604
1,918
2,035
2,187
2,305
3,331
3,584
3,762
4,168
4,609
4,333
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
151.18
108.96
70.14
130.45
102.83
61.33
102.42
63.79
25.07
36.69
34.66
53.64
55.41
60.71
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
1,304
1,513
1,459

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
87
88
88
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.4%
15.69%
10.58%
Free Cash Flow
-1.01%
-277.19%
-160.61%
Net Income, GAAP
29.22%
37.23%
3.29%
Sales/Revenue/Turnover
13.89%
21.68%
2.65%
Total Cash Common Dividend
- -
- -
22.22%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
248
238
265
284
1,018
2025
235
306
246
- -
1,045
2026
231
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.48
9.93
18.43
13.8
53.64
2025
10.15
18.33
13.28
- -
55.55
2026
9.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.95
2025
- -
- -
- -
- -
8.52
2026
- -
- -
- -
- -
- -
Similar Companies
Territorial Bancorp Inc. (TBNK)
ESAF Small Finance Bank (ESAFSFB.NS)
Bank of Changsha Co., Ltd. (601577.SS)
People's United Financial, Inc. (PBCTP)
Oversea-Chinese Banking Corporation Limited (OVCHF)
McHenry Bancorp, Inc. (MCHN)
Business
SpareBank 1 Nordmøre is a Norway-based savings bank primarily engaged in retail and corporate banking services. The company offers a comprehensive range of financial products and services including current accounts, mortgages, consumer loans, car loans, bank cards, savings and time deposit accounts, leasing, investment products, insurance solutions encompassing vehicle, machinery, building, employee and farm insurance, payment processing services such as eInvoice and AvtaleGiro, as well as estate agency and accounting services through its subsidiaries SpareBank 1 Regnskapshuset Nordvest AS and Trio Regnskapsservice AS. The bank serves private individuals, small and medium-sized enterprises (SMEs), and corporate clients within its geographic footprint spanning from Ålesund to Trondheim in the Mid-Norway region. Founded in 1835 and headquartered in Kristiansund, SpareBank 1 Nordmøre has a strong local presence with over 60,000 customers. Recent major changes include strategic initiatives focused on sustainability and digital transformation, evidenced by significant growth in green loans for both personal and business markets, increasing by over 50% year-over-year as of the first quarter of 2025. The bank has prioritized expanding its green business portfolio particularly in commercial buildings and transport sectors. Operationally, SpareBank 1 Nordmøre is advancing cost control and execution power enhancement projects under the GENI simplicity initiative launched in 2024, aiming to improve efficiency and reduce costs. Additionally, the bank announced a possible share buyback program of up to 19,000 equity certificates in December 2025. Its credit rating remains strong with an A- from SCOPE Ratings, reflecting solid profitability and prudent risk management amid Norway’s robust fiscal environment. The bank continues to leverage partnerships within the SpareBank 1 Alliance to innovate while maintaining deep local market engagement.