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


Last kr79.50 DKK
Change Today +3.50 / 4.61%
Volume 108.3K
SPNO On Other Exchanges
Symbol
Exchange
Copenhagen
As of 11:05 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

spar nord bank a/s (SPNO) Snapshot

Open
kr76.50
Previous Close
kr76.00
Day High
kr79.50
Day Low
kr76.00
52 Week High
08/27/15 - kr89.00
52 Week Low
10/16/14 - kr49.12
Market Cap
10.0B
Average Volume 10 Days
136.7K
EPS TTM
kr6.43
Shares Outstanding
125.5M
EX-Date
04/23/15
P/E TM
12.4x
Dividend
kr1.60
Dividend Yield
4.53%
Current Stock Chart for SPAR NORD BANK A/S (SPNO)

Related News

No related news articles were found.

spar nord bank a/s (SPNO) Related Businessweek News

No Related Businessweek News Found

spar nord bank a/s (SPNO) Details

Spar Nord Bank A/S provides various banking services to retail customers, and small and medium-sized businesses in Denmark. It offers time deposits, fixed-term deposits, demand deposits, etc.; and loans, advances, and guarantees, as well as operating lease, property management, and support services. The company also provides trading and financial markets services, such as hedging and managing forex and securities transactions; and offers export and import related products and advice. It operates in 34 bank regions with 71 local banks. The company was founded in 1824 and is based in Aalborg, Denmark.

1,508 Employees
Last Reported Date: 08/12/15
Founded in 1824

spar nord bank a/s (SPNO) Top Compensated Officers

Chief Executive Officer and Member of Executi...
Total Annual Compensation: kr3.3M
Managing Director and Member of Executive Boa...
Total Annual Compensation: kr2.7M
Managing Director and Member of Executive Boa...
Total Annual Compensation: kr2.6M
Compensation as of Fiscal Year 2014.

spar nord bank a/s (SPNO) Key Developments

Spar Nord Bank A/S Reports Unaudited Consolidated and Parent Earnings Results for the First Half Ended June 30, 2015

Spar Nord Bank A/S reported unaudited consolidated and parent earnings results for the first half ended June 30, 2015. For the first half, on group basis, the company’s net interest income was DKK 914.5 million against DKK 876.1 million a year ago. Net income from interest, fees, charges and commissions was DKK 1,538.2 million against DKK 1,315.3 million a year ago. Profit before tax was DKK 739.7 million against DKK 511.9 million a year ago. Profit was DKK 631.2 million against DKK 440.4 million a year ago. Diluted earnings per share were DKK 5.0 against DKK 3.5 a year ago. Cash generated from operations, total was DKK 5,810.1 million against DKK 1,158.4 million a year ago. Net investment in intangible assets was DKK 0.4 million against DKK 0.1 million a year ago. Core income increased 17% relative to the first half of 2014. Core earnings before impairment thus ended at DKK 955 million, 34% up on first half of 2014. Core income was DKK 1,920 million against DKK 1,638 million a year ago. Core earnings were DKK 789 million against DKK 553 million a year ago. Return on equity before tax was 10.4% against 7.6% a year ago. Return on equity after tax was 8.9% against 6.6% a year ago. Return on assets was 0.8% against 0.6% a year ago. For the quarter, on group basis, the company’s net interest income was DKK 449.0 million against DKK 442.3 million a year ago. Net income from interest, fees, charges and commissions was DKK 753.0 million against DKK 663.6 million a year ago. Profit before tax was DKK 206.3 million against DKK 162.8 million a year ago. Profit was DKK 167.1 million against DKK 128.9 million a year ago. Diluted earnings per share were DKK 1.3 against DKK 1.0 a year ago. Core income was DKK 780 million against DKK 1,140 million a year ago. Core earnings were DKK 231 million against DKK 558 million a year ago. Core earnings before impairment were DKK 300 million against DKK 656 million a year ago. Return on equity before tax was 2.9% against 7.3% a year ago. Return on equity after tax was 2.3% against 6.4% a year ago. Return on assets was 0.2% against 0.6% a year ago. For the quarter, on parent basis, the company’s net interest income was DKK 433.9 million against DKK 425.5 million a year ago. Net income from interest, fees, charges and commissions was DKK 716.8 million against DKK 640.4 million a year ago. Profit before tax was DKK 197.3 million against DKK 156.9 million a year ago. Profit was DKK 167.5 million against DKK 129.2 million a year ago. Core income was DKK 780 million versus DKK 1,140 million in the first quarter of 2015, and DKK 730 million in the second quarter of 2014. The decline compared with the first quarter of 2015 is due to a reduction in activity-contingent earnings and the absence of extraordinary income (Nørresundby Bank). For the first half, on parent basis, the company’s net interest income was DKK 884.8 million against DKK 841.2 million a year ago. Net income from interest, fees, charges and commissions was DKK 1,487.3 million against DKK 1,262.9 million a year ago. Profit before tax was DKK 725.3 million against DKK 500.0 million a year ago. Profit was DKK 632.0 million against DKK 441.0 million a year ago. Return on equity before tax was 10.2% against 7.5% a year ago. Return on equity after tax was 8.9% against 6.6% a year ago. Return on assets was 0.8% against 0.6% a year ago. Profit for the period per share was DKK 5.0 against DKK 3.5 a year ago.

Bent Jensen Resigns Spar Nord Bank A/S as Managing Director

Spar Nord Bank A/S's board of directors announced that Bent Jensen, managing director, resigns his position on the executive board of company with as of May 20, 2015. The background to this reshuffle is that the board of directors has ascertained that cooperation on the bank's executive board is not functioning optimally, and that the best solution is for Bent Jensen to step down as mentioned above.

Spar Nord Bank A/S Announces Group Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for 2015

Spar Nord Bank A/S announced group earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of DKK 465.5 million against DKK 433.8 million a year ago. Profit before tax was DKK 533.4 million against DKK 349.1 million a year ago. Profit for the period was DKK 464.1 million against DKK 311.5 million a year ago. Cash used in operations, total was DKK 560.1 million against cash generated from operations, total DKK 929.2 million a year ago. Acquisition of intangible assets was DKK 533.4 million against DKK 349.1 million a year ago. Acquisition of property, plant and equipment was DKK 8.3 million against DKK 9.0 million a year ago. Core income for first quarter amounted to DKK 1,140 million, equal to a 26% rise on first quarter of 2014. The forecast for full-year core earnings before impairment has been adjusted upwards from about DKK 1.4 billion to DKK 1.5 billion.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SPNO:DC kr79.50 DKK +3.50

SPNO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SPNO.
View Industry Companies
 

Industry Analysis

SPNO

Industry Average

Valuation SPNO Industry Range
Price/Earnings 12.0x
Price/Sales 3.4x
Price/Book 1.3x
Price/Cash Flow 12.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SPAR NORD BANK A/S, please visit www.sparnord.dk. 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.