Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


September 03, 2015 1:28 AM ET

Banks

Company Overview of Sparebanken Hedmark

Company Overview

Sparebanken Hedmark provides retail and corporate banking services. The company offers property brokerage, financing, leasing, debt collection, accounting, and other services. It also provides deposits, loans, insurance, payment, and pension services. Sparebanken Hedmark was founded in 1845 and is headquartered in Hamar, Norway.

Strandgata 15

Box 203

Hamar,  2302

Norway

Founded in 1845

673 Employees

Phone:

47 91 50 29 99

Key Executives for Sparebanken Hedmark

Chief Executive Officer
Age: 59
Chief Financial Officer
Director of Operations & IT
Managing Director of Sparebank Finans Ostlandet AS
Managing Director of Sparebank 1 Regnskapshuset Østlandet As and Managing Director of Sparebank 1 Finans Østlandet As Hans Olav Wedvik
Compensation as of Fiscal Year 2015.

Sparebanken Hedmark Key Developments

Sparebanken Hedmark, Q2 2015 Earnings Call, Aug 12, 2015

Sparebanken Hedmark, Q2 2015 Earnings Call, Aug 12, 2015

Sparebanken Hedmark Reports Audited Group and Parent Earnings Results for the Year Ended December 31, 2014

Sparebanken Hedmark reported audited group and parent earnings results for the year ended December 31, 2014. On group basis, net interest income was NOK 1,043 million against NOK 1,008 million last year. Interest income was NOK 2,101 million against NOK 2,085 million last year. Total net income was NOK 2,279 million against NOK 1,829 million last year. Result before losses on loans and guarantees was NOK 1,298 million against NOK 913 million last year. Result before tax was NOK 1,232 million against NOK 841 million last year. Result after tax was NOK 1,040 million against NOK 694 million last year. Return on equity capital after tax was 14.4% against 11.0% last year. Excluding the profit from the sale of the bank's shares in Nets Holding ASA, return on equity was 12.2%. Total profit was NOK 975 million against NOK 693 million last year. Cash flow used in operations was NOK 46 million against cash flow generated from operations of NOK 547 million last year. Investments in fixed assets and intangible assets were NOK 83 million against NOK 77 million last year. Return on equity capital before tax was 17.1% against 13.3% last year. On parent basis, net interest income was NOK 835 million against NOK 830 million last year. Total net income was NOK 1,613 million against NOK 1,364 million last year. Result before losses on loans and guarantees was NOK 886 million against NOK 684 million last year. Result before tax was NOK 835 million against NOK 622 million last year. Result after tax was NOK 675 million against NOK 499 million last year. Interest income was NOK 1,894 million against NOK 1,908 million last year. Total profit was NOK 623 million against NOK 505 million last year. Cash flow generated from operations was NOK 121 million against NOK 587 million last year. Investments in fixed assets and intangible assets were NOK 77 million against NOK 70 million last year. Return on equity capital after tax was 10.3% against 8.3% last year.

Sparebanken Hedmark to Report Fiscal Year 2014 Results on Mar 28, 2015

Sparebanken Hedmark announced that they will report fiscal year 2014 results on Mar 28, 2015

Similar Private Companies By Industry

Company Name Region
Acta Bank ASA Europe
Odal Sparebank Europe
Kragerø Sparebank Europe
Bank 1 Oslo Akershus AS Europe
CIK AS Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Sparebanken Hedmark, please visit www.sparebanken-hedmark.no. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.