SpareBank 1 Nordmøre

Oslo Stock Exchange SNOR.OL

SpareBank 1 Nordmøre Net Income Margin for the year ending December 31, 2023: 37.60%

SpareBank 1 Nordmøre Net Income Margin is 37.60% for the year ending December 31, 2023, a -11.35% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

SpareBank 1 Nordmøre Net Income Margin for the year ending December 31, 2022 was 42.42%, a 75.66% change year over year.
SpareBank 1 Nordmøre Net Income Margin for the year ending December 31, 2021 was 24.15%, a -31.53% change year over year.
SpareBank 1 Nordmøre Net Income Margin for the year ending December 31, 2020 was 35.27%, a -25.43% change year over year.
SpareBank 1 Nordmøre Net Income Margin for the year ending December 31, 2019 was 47.30%, a 40.50% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Oslo Stock Exchange: SNOR.OL

SpareBank 1 Nordmøre

CEO	Mr. Allan Troelsen
IPO Date	Oct. 2, 2017
Location	Norway
Headquarters	Langveien 21
Employees	228
Sector	Finance
Industries Banking & Lending Insurance Investment Banking & Asset Management

Description

SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.

Key trends

Past 5 years