Sparebank 1 Nordvest
Research Sparebank 1 Nordvest (SNOR) on Bullrun: valuation model: 13.2% undervalued, market cap NOK 1.66B, P/E 10.1, dividend yield 5.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSNOR
- ExchangeOL
- CountryNorway
- SectorFinancial Services
- IndustryBanks - Regional
- CurrencyNOK
- Valuation signal13.2% undervalued
- Market capNOK 1.66B
- P/E10.1
- Dividend yield5.9%
- Financial periodQ1 2026
- RevenueNOK 231.00M
- Net incomeNOK 82.00M
- Free cash flow-NOK 62.00M
Valuation Snapshot
Bullrun's latest valuation model marks Sparebank 1 Nordvest as 13.2% undervalued; latest market cap is NOK 1.66B; P/E is 10.1; dividend yield is 5.9%.
Peer valuation comparison
Latest P/E is 10.09x versus a Financial Services sector median of 13.84x (27.1% below).
Latest dividend yield is 5.85% versus a Financial Services sector median of 3.86% (51.8% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NOK 1.06B | NOK 427.00M | n/a | n/a | n/a | NOK 82.00M | NOK 6.60B | NOK 4.60B |
| FY2024 | NOK 1.01B | NOK 376.00M | n/a | n/a | n/a | NOK 87.00M | NOK 6.58B | NOK 4.16B |
| FY2023 | NOK 835.00M | NOK 111.00M | n/a | n/a | n/a | NOK 1.47B | n/a | n/a |
| FY2022 | NOK 769.00M | NOK 123.00M | n/a | n/a | n/a | NOK 1.63B | n/a | n/a |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | NOK 1.66B | 10.1 | 5.9% | 11 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 11 NOK, yield 5.9%.
| Year | Dividends/share |
|---|---|
| FY2022 | 5 NOK |
About Sparebank 1 Nordvest
SpareBank 1 Nordmøre provides various banking products and services for businesses and individuals in Norway. It operates through Retail Market and Corporate Market segments. The company offers financing, leasing, payment processing, and consulting services; and accounting services, including agricultural accounting. It also provides usage, current, buffer, savings, deposit, business, currency, group, and investment accounts; fixed-rate deposits; mobile and online banking; bank and credit cards;
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Frequently asked questions
Is Sparebank 1 Nordvest overvalued or undervalued?
Bullrun's valuation model currently marks Sparebank 1 Nordvest as 13.2% undervalued.
What is Sparebank 1 Nordvest's market cap?
Sparebank 1 Nordvest's market capitalization is NOK 1.66B.
What is Sparebank 1 Nordvest's P/E ratio?
Sparebank 1 Nordvest's price-to-earnings (P/E) ratio is 10.1.
Does Sparebank 1 Nordvest pay a dividend?
Sparebank 1 Nordvest has a dividend yield of 5.9%.
What does Sparebank 1 Nordvest do?
SpareBank 1 Nordmøre provides various banking products and services for businesses and individuals in Norway. It operates through Retail Market and Corporate Market segments. The company offers financing, leasing, payment processing, and consulting services; and accounting services, including agricultural accounting.