Skip to Content

SpareBank 1 SR Bank ASA SBRKF

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

SpareBank 1 SR Bank ASA is a Norwegian regional bank operating primarily in Rogaland as well as the Agder counties and Hordaland. The bank is exposed to the Stavanger's oil and energy production activities, which is the region's main industry. The bank's strategy is based on customer relationship-building through its multi-channel distribution network that includes both traditional and financial technology offerings. The bank is also part of the SpareBank1 Alliance, which is a banking and product alliance between independent, locally-based Norwegian banks. Product collaboration includes insurance, fund management and other financial services that contribute significantly to the bank's earnings. Most of the bank's lending activities are concentrated in property management.

Contact
Christen Tranes Gate 35
Stavanger, 4007, Norway
T +47 91502002
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 1,279