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SpareBank 1 SMN SRMGF

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Morningstar’s Analysis

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5-Star Price

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Economic Moat

PREMIUM

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Company Profile

Business Description

SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

Contact
Sondre gate 4
Trondheim, 7011, Norway
T +47 91507300
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Dec 31, 2020
Fiscal Year End Dec 31, 2021
Stock Type
Employees 1,588