profit from every NOK 100 of sales.
NOK 0NOK 100
Sparebanken Møre
NOK 113.00+0.27% today
+1.8% in 1 year
1-year low NOK 104.041-year high NOK 123.34
Trading in the middle of its range for 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 5.44 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 Sparebanken Møre sold, what it kept, and what it did with the cash.
Sales went from NOK 1.76 billion in 2022 to NOK 2.39 billion in 2025, with NOK 1.03 billion of profit last year.
SalesProfit
Sparebanken Møre vs. similar companies
Sparebanken Møre 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 |
|---|---|---|---|
| Sparebanken Møre | 5.4× · 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 Sparebanken Møre'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 |
|---|---|---|---|---|
| 1,755 | 2,195 | 2,401 | 2,390 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 777 | 1,055 | 1,086 | 1,030 | |
| 15.13 | 20.44 | 20.71 | 19.58 | |
| – | – | – | – | |
| – | – | – | – | |
| 44.3% | 48.1% | 45.2% | 43.1% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 89,501 | 96,735 | 102,335 | 109,418 |
| Cash | 394 | 266 | 447 | 968 |
| Total debt | 35,679 | 38,754 | 41,820 | 45,091 |
| Total liabilities | 81,399 | 88,055 | 93,309 | 100,044 |
| 8,102 | 8,680 | 9,026 | 9,374 | |
| 49 | 49 | 49 | 50 | |
| – | – | – | – | |
| 9.6% | 12.2% | 12.0% | 11.0% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -3,299 | -3,021 | -2,316 | -2,501 | |
| 35 | 57 | 71 | 180 | |
| -3,334 | -3,078 | -2,387 | -2,681 | |
| Dividends paid | 158 | 198 | 886 | 621 |
| – | 8 | 15 | 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
- 5.4×
- –
- 0.61
- 0.6×
- 2.3×
- 18.4%
- 11.1%
Profitability
- 43.1%
- –
- –
- –
- –
Growth
- +10.8%
- +9.0%
- –
- +0.2%
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 6%of 868
Top 40%of 867
Bottom 1%of 926
11.1%of the share price, paid each year
On $1,000 invested$111a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
60.3% of its profit
Room to growStretchedMore than it earnsNews
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 Sparebanken Møre
Is Sparebanken Møre 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 Sparebanken Møre AI analysis
What does Sparebanken Møre do?
Sparebanken Møre, together with its subsidiaries, provides banking services for the retail and business markets in Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. It is in Banks - Regional, based in Ålesund, Norway, with 412 employees.
Does Sparebanken Møre pay a dividend?
Yes. At today's price the dividend is 11.1% a year, about 60% of its yearly profit. In 2025 it paid out NOK 621 million in dividends.
Is Sparebanken Møre stock halal?
No. Sparebanken Møre does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Sparebanken Møre stock done over the past year?
Up 1.8% over the past twelve months, to NOK 113.00. It traded between NOK 104.04 and NOK 123.34 and is 8.4% below its high.
Who are Sparebanken Møre'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 Sparebanken Møre's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.