May 24, 2017 6:21 AM ET

Banks

Company Overview of SpareBank 1 SR-Bank ASA

Company Overview

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various banking products and services for personal and corporate customers in Southern and Western Norway. The company offers its products and services in the areas, such as savings, loans, advice, insurance, and pensions. Its activities also include own account and customer trading in interest rate instruments, foreign exchange, and equities; and provides advice and facilitates debt and equity funding, as well as administrative securities services. In addition, the company sells real estate properties comprising holiday homes, new builds, and used homes, as well as provides commercial properties brokerage services; offers lea...

Bjergsted Terrasse 1

Postboks 250

Stavanger,  4066

Norway

Founded in 1839

1,142 Employees

Phone:

47 91 50 20 08

Fax:

47 51 57 12 60

Key Executives for SpareBank 1 SR-Bank ASA

Chief Executive Officer
Age: 60
Total Annual Compensation: 4.0M NOK
Chief Financial Officer
Total Annual Compensation: 2.4M NOK
Executive Vice President of Corporate Market
Total Annual Compensation: 2.4M NOK
Executive Vice President of Retail Market
Total Annual Compensation: 2.3M NOK
Executive Vice President of Communications
Total Annual Compensation: 1.7M NOK
Compensation as of Fiscal Year 2016.

SpareBank 1 SR-Bank ASA Key Developments

SpareBank 1 SR-Bank ASA Reports Group Earnings Results for the First Quarter Ended March 31, 2017

SpareBank 1 SR-Bank ASA reported group earnings results for the first quarter ended March 31, 2017. For the quarter, the bank reported net interest income of NOK 739 million against NOK 698 million a year ago. Total income was NOK 1,199 million against NOK 1,129 million a year ago. Operating profit before tax was NOK 512 million against NOK 487 million a year ago. Profit after tax was NOK 403 million against NOK 386 million a year ago. Return on equity after tax was 8.7% against 9.0% a year ago. Earnings per share were NOK 1.58 against NOK 1.51 a year ago.

SpareBank 1 SR-Bank ASA, Q1 2017 Earnings Call, Apr 27, 2017

SpareBank 1 SR-Bank ASA, Q1 2017 Earnings Call, Apr 27, 2017

SpareBank 1 SR-Bank ASA Announces Payment of Dividend No Earlier Than April 28, 2017

SpareBank 1 SR-Bank ASA announced at its AGM held on April 20, 2017, the AGM approved the payment of a dividend of NOK 2.25 per share to owners of shares as of April 20, 2017, with payment no earlier than April 28, 2017. The shares in the Bank will be listed as 'ex-dividend' on April 21, 2017.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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