Storebrand ASA

OB:STB Stock Report

Market Cap: NOK 67.8b

Storebrand Past Earnings Performance

Past criteria checks 3/6

Storebrand has been growing earnings at an average annual rate of 15.8%, while the Insurance industry saw earnings growing at 9.3% annually. Revenues have been declining at an average rate of 12.7% per year. Storebrand's return on equity is 14.9%, and it has net margins of 8.9%.

Key information

15.85%

Earnings growth rate

17.71%

EPS growth rate

Insurance Industry Growth7.60%
Revenue growth rate-12.68%
Return on equity14.88%
Net Margin8.93%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Storebrand ASA's (OB:STB) Popularity With Investors Is Under Threat From Overpricing

Sep 05
Storebrand ASA's (OB:STB) Popularity With Investors Is Under Threat From Overpricing

Analysts' Revenue Estimates For Storebrand ASA (OB:STB) Are Surging Higher

May 12
Analysts' Revenue Estimates For Storebrand ASA (OB:STB) Are Surging Higher

Storebrand (OB:STB) Is Increasing Its Dividend To NOK4.70

Mar 18
Storebrand (OB:STB) Is Increasing Its Dividend To NOK4.70
User avatar

Regulatory And Competitive Pressures Will Erode Future Net Margins In Nordic Insurance Sector

Share buyback plans and increased dividends may boost stock expectations and signal strong cash flow, benefiting earnings stability and growth perception.

Storebrand (OB:STB) Is Increasing Its Dividend To NOK4.70

Mar 02
Storebrand (OB:STB) Is Increasing Its Dividend To NOK4.70

Storebrand's (OB:STB) Dividend Will Be Increased To NOK4.70

Feb 16
Storebrand's (OB:STB) Dividend Will Be Increased To NOK4.70

If EPS Growth Is Important To You, Storebrand (OB:STB) Presents An Opportunity

Jan 30
If EPS Growth Is Important To You, Storebrand (OB:STB) Presents An Opportunity

Storebrand ASA's (OB:STB) Shareholders Might Be Looking For Exit

Dec 16
Storebrand ASA's (OB:STB) Shareholders Might Be Looking For Exit

Revenue & Expenses Breakdown

How Storebrand makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:STB Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2554,1664,8385,6830
30 Jun 2547,3354,6195,5170
31 Mar 2534,6115,5755,3160
31 Dec 2481,3635,4945,2340
30 Sep 2488,5635,0865,2260
30 Jun 2469,9694,5495,1730
31 Mar 2469,0323,2035,2130
31 Dec 2358,5813,3505,1470
30 Sep 2353,6472,9005,0410
30 Jun 2353,3832,6864,8910
31 Mar 2338,9632,3484,6290
31 Dec 22-10,1792,3624,4070
30 Sep 229,2222,7984,8450
30 Jun 2227,3293,0405,1560
31 Mar 2257,8133,7385,4350
31 Dec 21119,1903,1215,7840
30 Sep 21111,1443,0765,4080
30 Jun 21120,7743,2455,2010
31 Mar 21131,3682,5235,0500
31 Dec 2081,0312,3454,9140
30 Sep 2071,3702,1454,8890
30 Jun 2063,2971,8384,8860
31 Mar 2041,6501,8394,9550
31 Dec 1987,4032,0674,8280
30 Sep 1960,1633,2514,7790
30 Jun 1957,7233,3164,6400
31 Mar 1957,0393,4514,5400
31 Dec 1834,9183,6844,5420
30 Sep 1847,4142,3034,6950
30 Jun 1845,2752,4764,6440
31 Mar 1838,7592,6384,4200
31 Dec 1747,3622,3754,2660
30 Sep 1741,4032,5754,0860
30 Jun 1745,3702,3184,0030
31 Mar 1748,1332,2773,7650
31 Dec 1642,0092,1183,7880
30 Sep 1650,8192,0633,6360
30 Jun 1635,0081,6843,5700
31 Mar 1623,9581,2343,8000
31 Dec 1535,3471,1783,7270
30 Sep 1533,2201,2552,9610
30 Jun 1543,8581,5733,0130
31 Mar 1558,5781,8043,0120
31 Dec 1451,3812,0642,9130

Quality Earnings: STB has high quality earnings.

Growing Profit Margin: STB's current net profit margins (8.9%) are higher than last year (5.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: STB's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: STB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: STB had negative earnings growth (-4.9%) over the past year, making it difficult to compare to the Insurance industry average (10.4%).

Return on Equity

High ROE: STB's Return on Equity (14.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/24 17:37
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

Storebrand ASA is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Tryfonas SpyrouBerenberg
David BarmaBofA Global Research