SpareBank 1 Sørøst-Norge (SB1NO.OL) stock analysis

In our weekly check, SpareBank 1 Sørøst-Norge is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 1, red flags: 9.

About SpareBank 1 Sørøst-Norge

SpareBank 1 Sørøst-Norge is a Financial Services company (Banks - Regional) based in Norway, listed on OSL as SB1NO.OL.

What our checks show for SB1NO.OL

Red flags

• The net margin fell by 19 points over 5 years, to 21.5%: the company keeps less of each sale as profit.
• The gross margin fell by 35.7 points, to 41%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 27.7% a year.
• The stock has fallen as much as 69% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 8 years.
• The share count grew by 41.8% in 2 years: each shareholder owns a smaller slice.
• Return on capital (ROCE) is only 1.5%.

Warning signs

• Thinly traded (about 180 thousand shares a day): buying and selling can move the price.

Strengths

• Operating cash flow is 1.51x net profit: the profit arrives as real cash.
• Analysts expect the net margin to improve by 26.4 points from today's 21.5%.
• Revenue grew 39.5% a year over the last 3 years.
• Earnings per share grew 62.1% a year over the last 3 years.
• Net profit grew 25.2% a year over the last 3 years.
• The company keeps 21.5% of its revenue as net profit.

Similar companies

PNC · 1295.KL · USB · EBP.WA · BNP.PA · BBAS3.SA

Questions

What grade does SpareBank 1 Sørøst-Norge (SB1NO.OL) have?

In our weekly check, SpareBank 1 Sørøst-Norge is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 1, red flags: 9. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of SB1NO.OL stock?

This week's biggest flags for SpareBank 1 Sørøst-Norge: Margins falling, Gross margin falling, Weak revenue forecast. In total 10 of 25 checks show a warning or a red flag.

What does SpareBank 1 Sørøst-Norge do?

SpareBank 1 Sørøst-Norge is a Financial Services company (Banks - Regional) based in Norway, listed on OSL as SB1NO.OL.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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