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Sparebank 1 SR Bank ASA (SRBANK.OL)

SRBANK.OL on Oslo Stock Exchange

80.60NOK
18 May 2018
Change (% chg)

kr1.10 (+1.38%)
Prev Close
kr79.50
Open
kr79.50
Day's High
kr81.00
Day's Low
kr79.40
Volume
187,319
Avg. Vol
231,991
52-wk High
kr94.00
52-wk Low
kr67.75

Latest Key Developments (Source: Significant Developments)

Sparebank 1 SR Bank Q1 Net Profit Slightly Above Expectations At NOK 518 MILLION
Thursday, 26 Apr 2018 

April 26 (Reuters) - SPAREBANK 1 SR BANK ASA ::Q1 NET INTEREST INCOME NOK 800 MILLION (REUTERS POLL NOK 798 MILLION).Q1 NET PROFIT NOK 518 MILLION (REUTERS POLL NOK 517 MILLION).Q1 PRE-TAX PROFIT: NOK 668 MILLION (NOK 512 MILLION).  Full Article

SpareBank 1 SR-Bank Proposing "Drop Down" Demerger
Monday, 19 Mar 2018 

March 19 (Reuters) - Sparebank 1 Sr Bank Asa ::SPAREBANK 1 SR-BANK ASA (SRBANK)\; PROPOSING A "DROP DOWN" DEMERGER.‍PROPOSES TO TRANSFER FIXED PROPERTY, WHERE COMPANY HAS ITS CURRENT HEAD OFFICE TO A WHOLLY OWNED SUBSIDIARY​.‍DROP-DOWN DEMERGER MEANS THAT PROPERTY IS FIRST DEMERGED TO A SUBSIDIARY, BJERGSTED EIENDOM AS​.‍IMMEDIATELY THEREAFTER BJERGSTED EIENDOM AS IS MERGED WITH SPAREBANK 1 SR-BANK ASAS WHOLLY OWNED SUBSIDIARY, BJERGSTED TERRASSE 1 AS, IN A GROUP MERGER.​.  Full Article

Sparebank 1 Sr Bank Q4 Net Profit NOK ‍559​ Mln, above estimates
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Sparebank 1 Sr Bank Asa ::SPAREBANK 1 SR-BANK (SRBANK); STRONG RESULT WITH SIGNIFICANT INCOME GROWTH, GOOD COST CONTROL AND LOWER LOSSES.Q4 NET PROFIT NOK ‍559​ MILLION (REUTERS POLL NOK 524 MILLION).Q4 NET INTEREST INCOME NOK ‍819​ MILLION (REUTERS POLL NOK 827 MILLION).‍DIVIDEND PROPOSED BY BOARD FOR 2017 HAS BEEN SET AT NOK 4.25 PER SHARE.​.  Full Article

Sparebank 1 SR Bank Q3 net profit above expectations at NOK 610 mln
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - SPAREBANK 1 SR BANK ASA ::Q3 NET INTEREST INCOME NOK 820‍​ MILLION (REUTERS POLL NOK 806 MILLION).Q3 OPERATING PROFIT BEFORE TAX NOK 750‍​ MILLION (REUTERS POLL NOK 667 MILLION).Q3 NET PROFIT NOK 610 ‍​MILLION (REUTERS POLL NOK 258 MILLION).  Full Article

Sparebank 1 SR Bank Q2 NII NOK 784‍​ million, above expectations
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - SPAREBANK 1 SR BANK ASA ::Q2 NET INTEREST INCOME NOK 784‍​ MILLION (REUTERS POLL NOK 760 MILLION).Q2 NET PROFIT NOK ‍​514 MILLION (REUTERS POLL NOK 476 MILLION).Q2 OPERATING PROFIT BEFORE TAX NOK 648‍​ MILLION (REUTERS POLL NOK 606 MILLION).EXPECTS TO MAKE LOAN LOSS PROVISIONS AT NOK 500 –700 MILLION IN 2017‍​.EXPECTS STABLEHOUSE PRICES GOING FORWARD AND STILL STRONG COMPETITION FOR NEW HOME MORTGAGE CUSTOMERS.  Full Article

Sparebank 1 SR Q1 net income up at NOK 403 million, below expectations
Thursday, 27 Apr 2017 

April 27 (Reuters) - SPAREBANK 1 SR BANK ASA ::Q1 NET INCOME NOK 403 MILLION (REUTERS POLL NOK 475 MILLION).Q1 NET INTEREST INCOME NOK 739 MILLION (REUTERS POLL NOK 742 MILLION).Q1 LOAN LOSSES NOK 168 MILLION (REUTERS POLL NOK 153 MILLION).  Full Article

Sparebank 1 SR-Bank: Wimoh Invest sells 5.8 mln shares in SR Bank
Wednesday, 8 Mar 2017 

Sparebank 1 SR Bank ASA : Wimoh Invest has sold 5,761,169 shares in SR Bank . The shares were sold at a price of 65.50 Norwegian crowns per share. .Following the sale, Wimoh Invest AS holds no shares in SR-Bank..  Full Article

BRIEF-SR Bank: investor considers selling up to 5.8 million shares
Wednesday, 8 Mar 2017 

Corrects information about the seller in the headline.Sparebank 1 SR Bank ASA : Said on Tuesday Arctic Securities AS had been engaged by a financial investor to explore the sale of up to 5,761,169 shares in SpareBank 1 SR-Bank ASA .Said the transaction is to be conducted by way of an accelerated bookbuilding process.  Full Article

Sparebank 1 SR Bank Q4 net income NOK 429 million, above expectations
Wednesday, 8 Feb 2017 

Sparebank 1 SR Bank ASA : Q4 net interest income 733 million Norwegian crowns ($88.15 million) (Reuters poll 730 million crowns) . Q4 loan losses 162 million crowns (Reuters poll 245 million crowns) . Q4 net income 429 million crowns (Reuters poll 381 million crowns) .Proposes dividend of 2.25 crowns per share (Reuters poll: 1.53 crowns per share ).  Full Article

Gjensidige sold its SR-Bank shares at NOK 61 each
Thursday, 19 Jan 2017 

Gjensidige Forsikring Asa : Sold 10 million shares in Sparebank 1 SR-Bank . Offer was significantly oversubscribed. Shares were sold at a price of nok 61.00 per share vs Jan 18 close of NOK 62 . Following sale, Gjensidige holds 2,308,416 shares equal to 0.9 per cent of share capital . Arctic securities and Pareto securities acted as bookrunners on transaction .Remaining position will be managed as a pure financial investment in gjensidige's investment portfolio.  Full Article

Norway could impose ceiling on consumer loan rates if current measures fail

OSLO The Norwegian government may impose a ceiling on interest rates for consumer loans unless recently imposed regulations help curb a growing trend of small, expensive loans, Finance Minister Siv Jensen said in a statement on Friday.