Sparebanken Øst

Oslo Stock Exchange SPOG.OL

Sparebanken Øst Net Income Margin for the year ending December 31, 2023: 44.87%

Sparebanken Øst Net Income Margin is 44.87% for the year ending December 31, 2023, a 12.73% 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.
  • Sparebanken Øst Net Income Margin for the year ending December 31, 2022 was 39.80%, a -16.54% change year over year.
  • Sparebanken Øst Net Income Margin for the year ending December 31, 2021 was 47.69%, a -10.05% change year over year.
  • Sparebanken Øst Net Income Margin for the year ending December 31, 2020 was 53.02%, a 22.79% change year over year.
  • Sparebanken Øst Net Income Margin for the year ending December 31, 2019 was 43.18%, a -11.10% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
Market news
Oslo Stock Exchange: SPOG.OL

Sparebanken Øst

CEO Mr. Pal Strand
IPO Date Jan. 3, 2000
Location Norway
Headquarters Bragernes Torg 2
Employees 198
Sector Finance
Industries
Banking & Lending Investment Banking & Asset Management
Description

Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.

StockViz Staff

January 15, 2025

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