SpareBank 1 Ostlandet

Oslo Stock Exchange SPOL.OL

SpareBank 1 Ostlandet Return on Equity (ROE) for the year ending December 31, 2023: 11.44%

SpareBank 1 Ostlandet Return on Equity (ROE) is 11.44% for the year ending December 31, 2023, a 16.57% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • SpareBank 1 Ostlandet Return on Equity (ROE) for the year ending December 31, 2022 was 9.81%, a -9.39% change year over year.
  • SpareBank 1 Ostlandet Return on Equity (ROE) for the year ending December 31, 2021 was 10.83%, a 15.06% change year over year.
  • SpareBank 1 Ostlandet Return on Equity (ROE) for the year ending December 31, 2020 was 9.41%, a -22.77% change year over year.
  • SpareBank 1 Ostlandet Return on Equity (ROE) for the year ending December 31, 2019 was 12.19%, a 26.79% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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Oslo Stock Exchange: SPOL.OL

SpareBank 1 Ostlandet

CEO Ms. Klara-Lise Aasen
IPO Date June 13, 2017
Location Norway
Headquarters Strandgata 15
Employees 1,236
Sector Finance
Industries
Description

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company offers deposits, financing, savings, advisory, life and non-life insurance, and pension products and services. It also provides credit cards; and leasing, money-transfer, capital and investment management, debt recovery, real estate brokering and rental, factoring, trade and corporate finance, and accounting related services. It has 36 branches in Innlandet, Oslo, and Viken. The company was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet is a subsidiary of Sparebankstiftelsen Hedmark.

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StockViz Staff

January 15, 2025

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