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Last 92.00 NOK
Change Today -1.00 / -1.08%
Volume 1.9K
SADG On Other Exchanges
Symbol
Exchange
OTC US
As of 10:25 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

sandnes sparebank (SADG) Snapshot

Open
93.00 NOK
Previous Close
93.00 NOK
Day High
93.00 NOK
Day Low
92.00 NOK
52 Week High
11/25/14 - 110.00 NOK
52 Week Low
07/24/15 - 89.75 NOK
Market Cap
653.7M
Average Volume 10 Days
660.0
EPS TTM
11.60 NOK
Shares Outstanding
7.1M
EX-Date
03/27/15
P/E TM
7.9x
Dividend
3.00 NOK
Dividend Yield
3.26%
Current Stock Chart for SANDNES SPAREBANK (SADG)

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sandnes sparebank (SADG) Details

Sandnes Sparebank operates as an independent savings bank in Norway. The company operates in three segments: Retail Market, Corporate Market, and Estate Agency. It offers various banking and investment products to retail and corporate customers, as well as investment advisory services. The company, through its subsidiary, Sandnes Eiendom AS, is involved in the estate agency business that offers real estate brokerage services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.

132 Employees
Last Reported Date: 03/27/15
Founded in 1875

sandnes sparebank (SADG) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

sandnes sparebank (SADG) Key Developments

Sandnes Sparebank Reports Group and Parent Earnings Results for the Second Quarter and Half Year Ended June 30, 2015

Sandnes Sparebank reported group and parent earnings results for the second quarter and half year ended June 30, 2015. For the quarter, the company reported group net interest income was NOK 110,962,000 against NOK 116,233,000 a year ago. Operating profit before taxes was NOK 2,981,000 against NOK 68,343,000 a year ago. Operating profit after taxes was NOK 5,968,000 against NOK 51,287,000 a year ago. The return on equity before taxes was 0.5%, compared to 13.1% in the second quarter of 2014. Return on equity after taxes was 1.1%, versus 9.9% in the second quarter of 2014. Total comprehensive income attributable to equity certificate owners was NOK 5,830,000 against NOK 51,355,000 a year ago. Diluted earnings per equity certificate was 0.5 compared to 4.1 in the second quarter of 2014. For the six months, the company reported group net interest income was NOK 227,750,000 against NOK 234,460,000 a year ago. Pre-tax profits for the first half of 2015 were NOK 43.5 million. This is a decline of NOK 66.7 million compared to the first half of 2014. The decline is mainly due to provisions and writedowns in the second quarter of 2015 to cover future losses on theBank's lease agreements, as well as weaker performance by financial instruments. This was partially offset by the accrual as income of dividends from Eika Gruppen AS in 2015, as well as lower payroll cost due to downsizing in the first half of 2014. Operating profit before taxes was NOK 43,496,000 against NOK 110,222,000 a year ago. Operating profit after taxes was NOK 35,463,000 against NOK 79,853,000 a year ago. Return on equity after tax was 3.3% against 7.8% a year ago. Return on equity before tax was 4.1% against 10.7% a year ago. Net cash flow from operating activities was NOK 420,500,000 against NOK 421,456,000 a year ago. Diluted earnings per equity certificate was 2.9 compared to 6.4 in the second quarter of 2014. Total comprehensive income attributable to equity certificate owners was NOK 79,653,000 against NOK 133,149,000 a year ago. For the quarter, the company reported parent net interest income was NOK 89,489,000 against NOK 89,243,000 a year ago. Operating loss before taxes was NOK 15,332,000 against operating profit before taxes of NOK 74,812,000 a year ago. Operating loss after taxes was NOK 9,419,000 against operating profit after taxes of NOK 62,504,000 a year ago. Return on equity before tax was negative 3.0% against positive 15.2% a year ago. Return on equity after tax was negative 1.9% against positive 12.7% a year ago. Diluted loss per equity certificate was 0.8 compared to diluted earnings per equity certificate of 5.0 in the second quarter of 2014. Total comprehensive loss attributable to equity certificate owners was NOK 9,110,000 against total comprehensive earnings attributable to equity certificate owners of NOK 62,504,000 a year ago. For the six months, the company reported parent net interest income was NOK 181,933,000 against NOK 179,307,000 a year ago. Operating profit before taxes was NOK 5,135,000 against NOK 99,451,000 a year ago. Operating profit after taxes was NOK 5,135,000 against NOK 80,496,000 a year ago. Return on equity after tax was 0.5% against 8.3% a year ago. Return on equity before tax was 0.5% against 10.2% a year ago. Net cash flow from operating activities was NOK 329,546,000 against NOK 343,122,000 a year ago. Diluted earnings per equity certificate was 0.4 compared to 6.5 in the second quarter of 2014. Total comprehensive income attributable to equity certificate owners was NOK 13,900,000 against NOK 80,496,000 a year ago.

Sandnes Sparebank, Q2 2015 Earnings Call, Jul 15, 2015

Sandnes Sparebank, Q2 2015 Earnings Call, Jul 15, 2015

Sandnes Sparebank Reports Consolidated and Parent Earnings Results for the First Quarter Ended March 31, 2015

Sandnes Sparebank reported consolidated and parent earnings results for the first quarter ended March 31, 2015. The group reported net interest income of NOK 116,788,000, operating profit before tax of NOK 40,515,000, profit attributable to SSB shareholders of NOK 38,269,000 or NOK 2.4 per diluted share against net interest income of NOK 118,227,000, operating profit before tax of NOK 41,879,000, profit attributable to SSB shareholders of NOK 31,064,000 or NOK 2.3 per diluted share a year ago. The first quarter of 2015 saw weaker performance by financial instruments, as well as increased writedowns of loans compared to the same period in 2014. Net cash flow from operating activities was NOK 194,957,000 against NOK 211,477,000 a year ago. Purchases and divestments of fixed assets was NOK 11,481,000 against NOK 3,997,000 a year ago. Return on equity after taxes was 5.5%, versus 5.6% in the first quarter of 2014. The company reported parent net interest income of NOK 92,444,000, operating profit before tax of NOK 20,467,000, profit of NOK 23,011,000 or NOK 1.2 per diluted share against net interest income of NOK 90,064,000, operating profit before tax of NOK 24,638,000, profit of NOK 17,992,000 or NOK 1.4 per diluted share a year ago. Net cash flow from operating activities was NOK 150,158,000 against NOK 158,858,000 a year ago. Purchases and divestments of fixed assets was NOK 11,481,000 against NOK 3,935,000 a year ago.

 

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SADG:NO 92.00 NOK -1.00

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Company Last Change
DNB ASA 133.20 NOK -0.60
SpareBank 1 SR-Bank ASA 48.50 NOK 0.00
Sparebanken Vest 55.25 NOK -0.25
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Industry Analysis

SADG

Industry Average

Valuation SADG Industry Range
Price/Earnings 22.6x
Price/Sales 2.2x
Price/Book 0.3x
Price/Cash Flow 7.7x
TEV/Sales NM Not Meaningful
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