Sparebanken Øst

Oslo Stock Exchange SPOG.OL

Sparebanken Øst Return on Assets (ROA) for the year ending December 31, 2023: 0.91%

Sparebanken Øst Return on Assets (ROA) is 0.91% for the year ending December 31, 2023, a 43.87% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Sparebanken Øst Return on Assets (ROA) for the year ending December 31, 2022 was 0.63%, a -16.10% change year over year.
  • Sparebanken Øst Return on Assets (ROA) for the year ending December 31, 2021 was 0.75%, a -24.31% change year over year.
  • Sparebanken Øst Return on Assets (ROA) for the year ending December 31, 2020 was 0.99%, a 34.99% change year over year.
  • Sparebanken Øst Return on Assets (ROA) for the year ending December 31, 2019 was 0.73%, a -14.89% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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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