Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Haugesund Sparebank is a Norwegian savings bank focused on providing comprehensive banking and financial services to individuals and businesses. Established in 1928 and headquartered in Haugesund, the institution operates primarily within the finance sector, emphasizing core products such as loans, insurance, pension schemes, and personal banking solutions. As the 31st largest bank in Norway by total assets, Haugesund Sparebank plays an important regional role in promoting financial inclusion and supporting local economic activity. The bank consistently demonstrates financial stability, marked by robust profit growth and a disciplined approach to risk management, as evidenced by its zero loan loss reserves over recent years. Notable for its high dividend yield and steady earnings performance, Haugesund Sparebank is recognized for its prudent lending and customer-centric approach. Its presence in the Norwegian market contributes to the diversity and resilience of the country’s banking industry by offering reliable savings and lending products tailored to the needs of its community.
€13.50
+€0.20 (+1.50%)
EOD Jul 2, 2026
39.06% net margin is above average for a financial institution, suggesting strong underwriting or fee income alongside controlled credit costs.
Revenue grew 13.2% YoY.
Financial stocks carry unique risks (credit cycles, regulatory changes, interest rate sensitivity) that aren't captured by standard quality metrics.
10.9x earnings. In line with financial-sector norms. The question is whether the current credit environment supports sustained earnings at this level.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 495M
▲ +13.2% YoY
Net Income (TTM)
NOK 184M
▲ +19.2% YoY
Net Margin
37.22%
P/E
10.9x
Balance Sheet
Total Assets
NOK 20.43B
Equity
NOK 2.76B
Total Debt
NOK 4.73B
Cash & Equiv.
NOK 239M
3Y CAGR: +15.4%
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At a P/E of 10.9, Haugesund Sparebank (HGSB.XOSL)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in .
On quality, Haugesund Sparebank scores 66/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Haugesund Sparebank scores 66 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Haugesund Sparebank pays a regular dividend of about NOK 5.35 per share per year (typically in quarterly installments), a yield of roughly 3.5% at the current price. That is a payout ratio of about 15.3% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For HGSB.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh HGSB.XOSL's valuation and scores 66/100 on quality (solid). It also yields about 3.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.