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Last kr83.50 DKK
Change Today +0.50 / 0.60%
Volume 161.2K
As of 11:04 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

spar nord bank a/s (SPNO) Snapshot

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52 Week High
08/4/15 - kr84.50
52 Week Low
10/16/14 - kr49.12
Market Cap
Average Volume 10 Days
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Current Stock Chart for SPAR NORD BANK A/S (SPNO)

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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.

1,514 Employees
Last Reported Date: 04/29/15
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

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.

Spar Nord Bank A/S Approves Amendments to the Articles of Association

Spar Nord Bank A/S approved amendments to the articles of association of the company, at the AGM held on April 22, 2015.


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Valuation SPNO Industry Range
Price/Earnings 13.9x
Price/Sales 3.7x
Price/Book 1.4x
Price/Cash Flow 13.9x
TEV/Sales NM Not Meaningful

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