Sparebank 1 Nord-Norge
Research Sparebank 1 Nord-Norge (NONG) on Bullrun: valuation model: 2.1% undervalued, market cap NOK 16.65B, P/E 11.5, dividend yield 5.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNONG
- ExchangeOL
- CountryNorway
- SectorFinancial Services
- IndustryBanks - Regional
- CurrencyNOK
- Valuation signal2.1% undervalued
- Market capNOK 16.65B
- P/E11.5
- Dividend yield5.0%
- Financial periodQ2 2026
- RevenueNOK 1.89B
- Net incomeNOK 834.00M
Valuation Snapshot
Bullrun's latest valuation model marks Sparebank 1 Nord-Norge as 2.1% undervalued; latest market cap is NOK 16.65B; P/E is 11.5; dividend yield is 5.0%.
Peer valuation comparison
Latest P/E is 11.53x versus a Financial Services sector median of 13.84x (16.7% below).
Latest dividend yield is 4.97% versus a Financial Services sector median of 3.86% (28.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NOK 6.15B | NOK 3.42B | n/a | n/a | n/a | NOK 1.08B | NOK 25.17B | NOK 20.52B |
| FY2024 | NOK 6.08B | NOK 3.66B | n/a | n/a | n/a | NOK 2.00B | NOK 24.34B | NOK 19.34B |
| FY2023 | NOK 5.67B | NOK 2.55B | n/a | n/a | n/a | NOK 1.25B | n/a | NOK 17.19B |
| FY2022 | NOK 4.23B | NOK 1.85B | n/a | n/a | 864 | NOK 631.00M | n/a | NOK 15.92B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-23 | NOK 16.65B | 11.5 | 5.2% | 8.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 8.5 NOK, yield 5.0%.
| Year | Dividends/share |
|---|---|
| FY2024 | 7 NOK |
| FY2023 | 8.2 NOK |
| FY2022 | 10.4 NOK |
About Sparebank 1 Nord-Norge
SpareBank 1 Nord-Norge provides banking services in Northern Norway. The company offers savings and pension accounts; deposits; bank guarantees; letters of credit; and foreign currency accounts, as well as debit and credit card services. It also provides mortgage, car, consumer, boat, caravans, vehicle, and green loans; and other loan related services. In addition, the company offers vehicle, home, travel, valuable item, car, personal, and pet insurance services.
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Frequently asked questions
Is Sparebank 1 Nord-Norge overvalued or undervalued?
Bullrun's valuation model currently marks Sparebank 1 Nord-Norge as 2.1% undervalued.
What is Sparebank 1 Nord-Norge's market cap?
Sparebank 1 Nord-Norge's market capitalization is NOK 16.65B.
What is Sparebank 1 Nord-Norge's P/E ratio?
Sparebank 1 Nord-Norge's price-to-earnings (P/E) ratio is 11.5.
Does Sparebank 1 Nord-Norge pay a dividend?
Sparebank 1 Nord-Norge has a dividend yield of 5.0%.
What does Sparebank 1 Nord-Norge do?
SpareBank 1 Nord-Norge provides banking services in Northern Norway. The company offers savings and pension accounts; deposits; bank guarantees; letters of credit; and foreign currency accounts, as well as debit and credit card services. It also provides mortgage, car, consumer, boat, caravans, vehicle, and green loans; and other loan related services. In addition, the company offers vehicle, home, travel, valuable item, car, personal, and pet insurance services.