profit from every NOK 100 of sales.
NOK 0NOK 100
SpareBank 1 SMN
NOK 222.70+0.47% today
+11.1% in 1 year
1-year low NOK 186.941-year high NOK 222.70
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay NOK 7.51 for every NOK 1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What SpareBank 1 SMN sold, what it kept, and what it did with the cash.
Sales went from NOK 5.32 billion in 2022 to NOK 8.05 billion in 2025, with NOK 4.28 billion of profit last year.
SalesProfit
SpareBank 1 SMN handed back 18% of the cash it generated last year.
NOK 1.8B
Free cash flow 2025NOK 9.9B
Bought back its own shares–
Paid as dividendsNOK 1.8B
Cash vs. debtNOK 56M vs. NOK 48.1B
SpareBank 1 SMN vs. similar companies
SpareBank 1 SMN grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
| SpareBank 1 SMN | 7.5× · Cheap | ||
 China Merchants Bank | 7.8× · Cheap | ||
 DBS Group Holdings | 18.3× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads SpareBank 1 SMN's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,321 | 7,219 | 7,870 | 8,051 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 2,655 | 3,614 | 4,485 | 4,279 | |
| 12.82 | 16.88 | 20.10 | 19.08 | |
| – | – | – | – | |
| – | – | – | – | |
| 49.9% | 50.1% | 57.0% | 53.1% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 223,110 | 232,717 | 247,699 | 242,914 |
| Cash | 1,171 | 1,172 | 654 | 56 |
| Total debt | 50,144 | 48,476 | 53,368 | 48,147 |
| Total liabilities | 198,303 | 204,122 | 217,175 | 211,048 |
| 23,810 | 27,929 | 29,703 | 31,166 | |
| 129 | 138 | 144 | 144 | |
| – | – | – | – | |
| 11.2% | 12.9% | 15.1% | 13.7% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -8,658 | 8,016 | 877 | 9,902 | |
| 89 | 95 | – | – | |
| -8,747 | 8,016 | 877 | 9,902 | |
| Dividends paid | 970 | 840 | 1,730 | 1,803 |
| 21 | 0 | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 7.5×
- –
- 0.53
- 0.9×
- 4.0×
- 13.3%
- 5.6%
Profitability
- 53.1%
- –
- –
- –
- –
Growth
- +14.8%
- +14.2%
- –
- +3.7%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 15%of 868
Top 31%of 867
Top 5%of 926
5.6%of the share price, paid each year
On $1,000 invested$56a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
42.1% of its profit
Room to growStretchedMore than it earns: 18.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about SpareBank 1 SMN
Is SpareBank 1 SMN a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the SpareBank 1 SMN AI analysis
What does SpareBank 1 SMN do?
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. It is in Banks - Regional, based in Trondheim, Norway, with 1,646 employees.
Does SpareBank 1 SMN pay a dividend?
Yes. At today's price the dividend is 5.6% a year, about 42% of its yearly profit. In 2025 it paid out NOK 1.80 billion in dividends.
Is SpareBank 1 SMN stock halal?
No. SpareBank 1 SMN does not pass our halal screen: its main business, banking, is not permitted. How we check
How has SpareBank 1 SMN stock done over the past year?
Up 11.1% over the past twelve months, to NOK 222.70. It traded between NOK 186.94 and NOK 222.70, close to its high.
Who are SpareBank 1 SMN's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with SpareBank 1 SMN's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.