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.
Sparebanken Møre is a Norwegian savings bank headquartered in Ålesund, primarily serving the Møre og Romsdal region. Established in 1985 through the merger of several local savings banks, it provides comprehensive banking and financial services across three main segments: Corporate, Retail, and Real Estate Brokers. The Corporate segment offers financing, payment services, savings, investments, and advisory solutions tailored to businesses. The Retail segment focuses on bonds for national and international investors alongside long-term financing options for individuals. The Real Estate Brokers segment handles property brokerage. Concentrating on key industries such as maritime, offshore, supply, real estate, trade, services, and insurance, Sparebanken Møre supports regional economic growth with a network of branches and over 390 employees. As a regional leader, it maintains strong market shares through consistent lending expansion and profitable operations, playing a vital role in Norway's financial landscape by fostering local development and stability.
NOK 109.80
+NOK 0.80 (+0.73%)
Price from 13 days ago
43.10% net margin is above average for a financial institution, suggesting strong underwriting or fee income alongside controlled credit costs.
Revenue declined 0.5% YoY. For a bank, this often signals contracting loan book or reduced fee income.
Financial stocks carry unique risks (credit cycles, regulatory changes, interest rate sensitivity) that aren't captured by standard quality metrics.
5.7x earnings. Below the sector average, the market may be pricing in credit losses or regulatory headwinds, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 2.38B
▼ -0.5% YoY
Net Income (TTM)
NOK 1.01B
▼ -5.2% YoY
Net Margin
42.45%
P/E
5.7x
Balance Sheet
Total Assets
NOK 109.42B
Equity
NOK 9.37B
Total Debt
NOK 45.09B
Cash & Equiv.
NOK 968M
3Y CAGR: +10.8%
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At a P/E of 5.7, 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, Sparebanken Møre scores 68/100 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 11.7%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Sparebanken Møre scores 68 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, Sparebanken Møre pays a regular dividend of about NOK 12.89 per share per year (typically in quarterly installments), a yield of roughly 11.7% at the current price. That is a payout ratio of about 63.3% of earnings, so the dividend is well covered. Sparebanken Møre has grown the dividend at roughly 47.0% a year over the past few years. 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 MORG.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 MORG.XOSL's valuation and scores 68/100 on quality (solid). It also yields about 11.7%. 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.