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Sparebanken MøreOB:MORG Stock Report

Market Cap NOK 5.2b
Share Price
NOK 104.00
My Fair Value
NOK 113.33
8.2% undervalued intrinsic discount
1Y17.9%
7D-1.9%
Portfolio Value
View

Sparebanken Møre

OB:MORG Stock Report

Market Cap: NOK 5.2b

Sparebanken Møre (MORG) Stock Overview

Provides banking services for retail and corporate customers in Norway. More details

MORG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends4/6

MORG Community Fair Values

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Sparebanken Møre Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sparebanken Møre
Historical stock prices
Current Share PriceNOK 104.00
52 Week HighNOK 112.00
52 Week LowNOK 86.77
Beta0.27
1 Month Change-1.81%
3 Month Change-1.57%
1 Year Change17.91%
3 Year Change43.27%
5 Year Change82.46%
Change since IPO1,351.16%

Recent News & Updates

Recent updates

Sparebanken Møre (OB:MORG) Has Announced That Its Dividend Will Be Reduced To NOK6.25

Mar 20
Sparebanken Møre (OB:MORG) Has Announced That Its Dividend Will Be Reduced To NOK6.25

Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Nov 15
Shareholders Will Probably Not Have Any Issues With Sparebanken Møre's (OB:MORG) CEO Compensation

Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Apr 27
Earnings Miss: Sparebanken Møre Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 01
Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 16
Sparebanken Møre's (OB:MORG) Upcoming Dividend Will Be Larger Than Last Year's

Analysts Have Made A Financial Statement On Sparebanken Møre's (OB:MORG) Yearly Report

Jan 28
Analysts Have Made A Financial Statement On Sparebanken Møre's (OB:MORG) Yearly Report

Most Shareholders Will Probably Agree With Sparebanken Møre's (OB:MORG) CEO Compensation

Nov 18
Most Shareholders Will Probably Agree With Sparebanken Møre's (OB:MORG) CEO Compensation

Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

May 02
Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

Here's Why We Think Sparebanken Møre's (OB:MORG) CEO Compensation Looks Fair for the time being

Mar 16
Here's Why We Think Sparebanken Møre's (OB:MORG) CEO Compensation Looks Fair for the time being

Here's What Sparebanken Møre's (OB:MORG) Shareholder Ownership Structure Looks Like

Feb 17
Here's What Sparebanken Møre's (OB:MORG) Shareholder Ownership Structure Looks Like

Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

Jan 22
Would Sparebanken Møre (OB:MORG) Be Valuable To Income Investors?

Have Insiders Been Buying Sparebanken Møre (OB:MORG) Shares?

Dec 27
Have Insiders Been Buying Sparebanken Møre (OB:MORG) Shares?

Sparebanken Møre (OB:MORG) Has Gifted Shareholders With A Fantastic 113% Total Return On Their Investment

Dec 06
Sparebanken Møre (OB:MORG) Has Gifted Shareholders With A Fantastic 113% Total Return On Their Investment

Shareholder Returns

MORGNO BanksNO Market
7D-1.9%-3.6%0.5%
1Y17.9%15.6%6.6%

Return vs Industry: MORG exceeded the Norwegian Banks industry which returned 15.6% over the past year.

Return vs Market: MORG exceeded the Norwegian Market which returned 6.6% over the past year.

Price Volatility

Is MORG's price volatile compared to industry and market?
MORG volatility
MORG Average Weekly Movement3.1%
Banks Industry Average Movement2.5%
Market Average Movement4.5%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.4%

Stable Share Price: MORG has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: MORG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1843428Trond Nydalwww.sbm.no

Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. The company operates through Retail and Real Estate Brokerage segments. It offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage.

Sparebanken Møre Fundamentals Summary

How do Sparebanken Møre's earnings and revenue compare to its market cap?
MORG fundamental statistics
Market capNOK 5.16b
Earnings (TTM)NOK 843.00m
Revenue (TTM)NOK 2.28b
6.1x
P/E Ratio
0.6x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MORG income statement (TTM)
RevenueNOK 2.28b
Cost of RevenueNOK 4.00m
Gross ProfitNOK 2.28b
Other ExpensesNOK 1.43b
EarningsNOK 843.00m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)16.99
Gross Margin99.82%
Net Profit Margin36.99%
Debt/Equity Ratio494.7%

How did MORG perform over the long term?

See historical performance and comparison

Dividends

6.0%
Current Dividend Yield
67%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/24 23:54
End of Day Share Price 2025/10/24 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sparebanken Møre is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas SvendsenCarnegie Investment Bank AB
Håkon AstrupDNB Carnegie
Thomas SvendsenNordea Markets