S

Sparebank 1 Nord-Norge
OSE:NONG

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Sparebank 1 Nord-Norge
OSE:NONG
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Price: 120.32 NOK 0.15%
Market Cap: 12.1B NOK
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Net Margin
Sparebank 1 Nord-Norge

24.4%
Current
22%
Average
22.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
24.4%
=
Net Income
1.6B
/
Revenue
6.7B

Net Margin Across Competitors

Country NO
Market Cap 12.1B NOK
Net Margin
24%
Country US
Market Cap 77.3B USD
Net Margin
22%
Country US
Market Cap 58.4B USD
Net Margin
-14%
Country US
Market Cap 31.7B USD
Net Margin
25%
Country US
Market Cap 30.5B USD
Net Margin
26%
Country US
Market Cap 29.2B USD
Net Margin
24%
Country CN
Market Cap 179.3B CNY
Net Margin
32%
Country US
Market Cap 24B USD
Net Margin
21%
Country US
Market Cap 21.9B USD
Net Margin
23%
Country CN
Market Cap 158.8B CNY
Net Margin
38%
Country US
Market Cap 19.5B USD
Net Margin
15%
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Sparebank 1 Nord-Norge
Glance View

Market Cap
12.1B NOK
Industry
Banking

Sparebank 1 Nord-Norge stands as a cornerstone of financial stability and economic development in Northern Norway. Established to address the unique banking needs of the region, the bank has carved out a reputable niche by focusing on fostering local businesses and supporting individual entrepreneurs. As a member of the SpareBank 1 Alliance, it benefits from shared expertise and collaborative ventures, reinforcing its robust position in the market. The alliance allows the bank to offer a full range of financial services, from traditional savings accounts to more complex investment solutions, catering to its diverse clientele. The bank’s success is tightly interwoven with its commitment to the community and its understanding of the regional economy’s nuances. This deep-rooted connection facilitates meaningful customer relationships, ultimately nurturing trust and loyalty. At its core, Sparebank 1 Nord-Norge generates revenue through a conventional yet effective banking model - collecting deposits and providing loans. By extending credit to both private individuals and businesses, it gains interest income, which forms a substantial portion of its earnings. Additionally, the bank leverages its strategic partnerships to offer insurance products and capital investment services, tapping into non-interest income streams. Such diversification ensures resilience against economic downturns and interest rate fluctuations. By combining comprehensive financial services with deep community engagement, Sparebank 1 Nord-Norge not only sustains its profitability but also plays a pivotal role in the economic vibrancy of Northern Norway. This dual approach allows it to balance financial ambitions with societal contributions, embodying a modern banking ethos that champions both growth and responsibility.

NONG Intrinsic Value
165.03 NOK
Undervaluation 27%
Intrinsic Value
Price
S

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
24.4%
=
Net Income
1.6B
/
Revenue
6.7B
What is the Net Margin of Sparebank 1 Nord-Norge?

Based on Sparebank 1 Nord-Norge's most recent financial statements, the company has Net Margin of 24.4%.