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Sparebank 1 SMN (MING.OL)

MING.OL on Oslo Stock Exchange

70.50NOK
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Latest Key Developments (Source: Significant Developments)

SpareBank 1 SMN transfers 3.8 mln shares in Havila Shipping to GIEK
Wednesday, 22 Mar 2017 05:49am EDT 

Havila Shipping ASA :SpareBank 1 SMN has transferred 3,806,952 shares at a price of 0.24 Norwegian crown in Havila Shipping ASA, to Guarantee Institute for Export Credits (GIEK).  Full Article

Sparebank 1 SMN: contemplated sale of up to 2.4 mln equity certificates
Thursday, 9 Mar 2017 10:43am EST 

Sparebank 1 SMN : Contemplated sale of up to 2.4 million equity certificates . Arctic Securities AS has been engaged by financial investor to explore sale of up to 2.4 million equity certificates in company .Says transaction is to be conducted by way of an accelerated bookbuilding process.  Full Article

SpareBank 1 SMN: SpareBank 1 Markets moves into asset management
Monday, 27 Feb 2017 03:00am EST 

SpareBank 1 SMN : Asset management will be established as new business unit in SpareBank 1 Markets . New business unit will have combined AUM of about 10 billion Norwegian crowns ($1.20 billion) . SpareBank 1 Markets acquires Allegro Kapitalforvaltning in Trondheim and Sparebank 1 Nord-Norge Forvaltning in Tromsø from Sparebank 1 SMN and Sparebank 1 Nord-Norge respectively .SpareBank 1 SMN is largest shareholder in SpareBank 1 Markets, holding 74% of shares.  Full Article

Sparebank 1 SMN Q4 net income rises to NOK 462 million
Tuesday, 7 Feb 2017 08:00am EST 

Sparebank 1 SMN : Q4 net interest income 493 million Norwegian crowns ($60 million) versus 473 million crowns year ago . Q4 loan losses 99 million crowns versus 56 million crowns year ago . Q4 net income 462 million crowns versus 287 million crowns year ago . Adopted a new capital target of 15.0 per cent by end of 2017 .Says recommended dividend is 3.00 crowns per EC.  Full Article

SpareBank 1 SMN: Pillar 2 requirement fulfilled
Wednesday, 30 Nov 2016 03:36am EST 

SpareBank 1 SMN : Says pillar 2 requirement fulfilled . Pillar 2 requirement for Sparebank 1 SMN stands at 2.1 pct of risk-weighted balance .Requirement for CET1 for Sparebank 1 SMN after this announcement will be 13.6 pct at end of 2016.  Full Article

Sparebank 1 SMN Q2 net income up at NOK 460 million
Thursday, 11 Aug 2016 04:30am EDT 

Sparebank 1 SMN : Q2 net income 460 million Norwegian crowns ($55.5 million) versus 430 million crowns year ago . Q2 net interest income 472 million crowns versus 467 million crowns year ago . Q2 loan losses 118 million crowns versus 35 million crowns year ago .Still expects overall 2016 loan losses in region of 450 million - 500 million crowns.  Full Article

SpareBank 1 SMN proposes NOK 2.25 per equity certificate as dividend for 2015
Wednesday, 3 Feb 2016 01:15am EST 

SpareBank 1 SMN:Recommends a dividend of 2.25 Norwegian crowns per equity certificate (EC) after a good performance in 2015.Says payout ratio is 32 pct.Says the bank's capital plan indicates an annual dividend of 25-35 pct in the period to 2016.  Full Article

SpareBank 1 SMN: Fitch affirms all credit ratings
Thursday, 5 Nov 2015 03:54am EST 

SpareBank 1 SMN:Fitch has on Nov. 4 affirmed SpareBank 1 SMN credit ratings.Long-term IDR affirmed at 'A-'; Outlook Stable.  Full Article

Fitch affirms credit ratings for SpareBank 1 SMN
Wednesday, 20 May 2015 02:57am EDT 

SpareBank 1 SMN:Fitch affirms credit ratings for Sparebank 1 SMN.Support Rating affirmed at 3.Support Rating Floor affirmed at BB+.  Full Article

Moody's Investor service upgrades SpareBank 1 SMN to A1 from A2
Tuesday, 12 May 2015 04:00am EDT 

SpareBank 1 SMN:Moody's Investor Service upgrades their deposit and senior unsecured ratings on SpareBank 1 SMN to A1 stable from A2 ratings under review.  Full Article

More From Around the Web

BRIEF-SpareBank 1 SMN transfers 3.8 mln shares in Havila Shipping to GIEK

* SpareBank 1 SMN has transferred 3,806,952 shares at a price of 0.24 Norwegian crown in Havila Shipping ASA, to Guarantee Institute for Export Credits (GIEK) Source text for Eikon: Further company coverage: (Gdynia Newsroom)