Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

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

Bloomberg Customers


February 14, 2016 3:50 AM ET

Banks

Company Overview of Sparebanken Sogn Og Fjordane

Company Overview

Sparebanken Sogn og Fjordane provides banking products and services to retail customers, small and medium sized enterprises, and the public sector and financial sector in the county of Sogn og Fjordane, Norway. It offers various deposit products; financing, investment, insurance, and foreign currency services; and interest rate instruments. The company also provides estate agency services and manages properties. It operates approximately 23 branches and 21 bank-in-shop outlets in 21 municipalities of Sogn og Fjordane. Sparebanken Sogn og Fjordane is headquartered in Førde, Norway.

Langebruvegen 12

PO Box 113

Førde,  6801

Norway

Phone:

47 57 82 97 00

Key Executives for Sparebanken Sogn Og Fjordane

Chief Executive Officer and Managing Director
Chief Financial Officer
Director of Communications & Community Contact
Director of Human Resources
Director of Strategy & Business Development
Compensation as of Fiscal Year 2015.

Sparebanken Sogn Og Fjordane Key Developments

Sparebanken Sogn Og Fjordane Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended and Parent Earnings Results for the Year Ended December 31, 2015

Sparebanken Sogn Og Fjordane announced unaudited consolidated earnings results for the fourth quarter and year ended and parent earnings results for the year ended December 31, 2015. For the quarter, on consolidated basis, the company's net interest income was NOK 193 million compared with NOK 189 million a year ago. Total revenues were NOK 168 million compared with NOK 223 million a year ago. Profit before taxation was NOK 63 million compared with NOK 67 million a year ago. Profit for the period was NOK 51 million compared with NOK 55 million a year ago. For the year, on consolidated basis, the company's net interest income was NOK 754 million compared with NOK 726 million a year ago. Total revenues were NOK 812 million compared with NOK 911 million a year ago. Profit before taxation was NOK 331 million compared with NOK 474 million a year ago. Profit for the period was NOK 245 million compared with NOK 363 million a year ago. Net cash flow from operating activities was NOK 462 million compared with NOK 274 million a year ago. Investments in fixed assets, intangible assets and goodwill were NOK 20 million compared with NOK 35 million a year ago. Return on equity was 10.77% compared with 10.61% a year ago. For the year, on parent basis, the company's net interest income was NOK 604 million compared with NOK 570 million a year ago. Total revenues were NOK 749 million compared with NOK 837 million a year ago. Profit before taxation was NOK 286 million compared with NOK 410 million a year ago. Profit for the period was NOK 238 million compared with NOK 344 million a year ago.

Sparebanken Sogn Og Fjordane Announces Earnings Results for Third Quarter Ended September 30, 2015

Sparebanken Sogn Og Fjordane announced earnings results for third quarter ended September 30, 2015. For the quarter, the company reported net interest income of $560, operating income of $90, profit before loan impairment charge of $374, profit before taxation of $268, profit after taxation of $194, return on equity of 9.26% compared to the net interest income of $536, operating income of $93, profit before loan impairment charge of $372, profit before taxation of $407, profit after taxation of $308, return on equity of 12.86% for the same quarter a year ago.

Sparebanken Sogn Og Fjordane Announces Unaudited Earnings Results for the Second Quarter Ended June 30, 2015; Reports Loan Impairment Charges for the Second Quarter of 2015

Sparebanken Sogn Og Fjordane announced unaudited earnings results for the second quarter ended June 30, 2015. For the period, the company reported net interest income was NOK 371 million against NOK 351 million a year ago. Profit before loan impairment charge (incl. securities) was NOK 230 million against NOK 235 million a year ago. Profit before loan impairment charge (excl. securities) was NOK 242 million against NOK 237 million a year ago. Profit before taxation was NOK 218 million against NOK 220 million a year ago. Profit after taxation was NOK 155 million against NOK 162 million a year ago. Return on equity before tax was NOK 13.35% against 14.71% a year ago. Return on equity (comprehensive income) was NOK 10.23% against 13.37% a year ago. For the quarter, the company reported loan impairment charge was NOK 12 million against NOK 15 million a year ago.

Similar Private Companies By Industry

Company Name Region
Holla og Lunde Sparebank Sparebank Europe
Svenska Handelsbanken AB (publ), Oslo Branch Europe
Sparebanken Bien Europe
Sparebanken Jevnaler Lunner Europe
Askim & Spydeberg Sparebank 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
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Sparebanken Sogn Og Fjordane, please visit www.ssf.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.