May 23, 2018 1:33 AM ET

Banks

Company Overview of Sparebanken Sogn Og Fjordane

Company Overview

Sparebanken Sogn og Fjordane provides banking products and services to small and medium-sized enterprises, the public and financial sector, and retail customers primarily in the county of Sogn og Fjordane, Norway. The company offers various deposit products; financing, investment, insurance, and foreign currency services, as well as pension and payment services; and interest rate instruments. It also manages various properties; and provides estate agency services. The company has 21 branches and 21 bank-in-shops in the county of Sogn og Fjordane, as well as 1 branch in Bergen. Sparebanken Sogn og Fjordane is headquartered in Førde, Norway. Sparebanken Sogn Og Fjordane is a subsidiary of Spar...

Langebruvegen 12

Førde,  6801

Norway

258 Employees

Phone:

47 57 82 97 00

Key Executives for Sparebanken Sogn Og Fjordane

Chief Executive Officer
Chief Financial Officer
Director of Human Resources
Corporate Banking Director
Retail Banking Director
Compensation as of Fiscal Year 2017.

Sparebanken Sogn Og Fjordane Key Developments

Sparebanken Sogn Og Fjordane, Annual General Meeting, Mar 22, 2018

Sparebanken Sogn Og Fjordane, Annual General Meeting, Mar 22, 2018. Agenda: To consider dividend of NOK 5.25 per equity share.

Sparebanken Sogn Og Fjordane Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Consolidated and Parent Earnings Results for the Year Ended December 31, 2017; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2017

Sparebanken Sogn Og Fjordane reported unaudited consolidated earnings results for the fourth quarter and consolidated and parent earnings results for the year ended December 31, 2017. For the quarter, on consolidated basis, the company's net interest income was NOK 219 million compared with NOK 207 million a year ago. Total revenues were NOK 269 million compared with NOK 243 million a year ago. Profit before taxation was NOK 109 million compared with NOK 96 million a year ago. Profit was NOK 86 million compared with NOK 72 million a year ago. For the year, the company's net interest income was NOK 854 million compared with NOK 779 million a year ago. Total revenues were NOK 1,042 million compared with NOK 939 million a year ago. Profit before taxation was NOK 476 million compared with NOK 468 million a year ago. Profit was NOK 368 million compared with NOK 353 million a year ago. Net cash outflow from operating activities was NOK 191 million compared with NOK 751 million a year ago. Investments in fixed assets, intangible assets and goodwill were NOK 39 million compared with NOK 36 million a year ago. Return on equity before tax was 10.8% compared with 9.5% a year ago. Return on equity after tax was 9.37% compared with 9.88% a year ago. For the year, on parent basis, the company's net interest income was NOK 663 million compared with NOK 644 million a year ago. Total revenues were NOK 933 million compared with NOK 907 million a year ago. Profit before taxation was NOK 376 million compared with NOK 456 million a year ago. Profit was NOK 317 million compared with NOK 377 million a year ago. For the quarter, on consolidated basis, the company reported impairment charge of NOK 24 million against NOK 43 million a year ago.

Sparebanken Sogn Og Fjordane to Report Q1, 2018 Results on Apr 25, 2018

Sparebanken Sogn Og Fjordane announced that they will report Q1, 2018 results on Apr 25, 2018

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Recent Private Companies Transactions

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