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Sparebank 1 SR Bank ASA (SRBANK.OL)

SRBANK.OL on Oslo Stock Exchange

70.00NOK
10:25am EST
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kr1.00 (+1.45%)
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kr69.00
Open
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kr70.00
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kr69.00
Volume
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kr70.50
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Latest Key Developments (Source: Significant Developments)

Sparebank 1 SR Bank Q4 net income NOK 429 million, above expectations
Wednesday, 8 Feb 2017 01:30am EST 

Sparebank 1 SR Bank ASA : Q4 net interest income 733 million Norwegian crowns ($88.15 million) (Reuters poll 730 million crowns) . Q4 loan losses 162 million crowns (Reuters poll 245 million crowns) . Q4 net income 429 million crowns (Reuters poll 381 million crowns) .Proposes dividend of 2.25 crowns per share (Reuters poll: 1.53 crowns per share ).  Full Article

Gjensidige sold its SR-Bank shares at NOK 61 each
Thursday, 19 Jan 2017 01:55am EST 

Gjensidige Forsikring Asa : Sold 10 million shares in Sparebank 1 SR-Bank . Offer was significantly oversubscribed. Shares were sold at a price of nok 61.00 per share vs Jan 18 close of NOK 62 . Following sale, Gjensidige holds 2,308,416 shares equal to 0.9 per cent of share capital . Arctic securities and Pareto securities acted as bookrunners on transaction .Remaining position will be managed as a pure financial investment in gjensidige's investment portfolio.  Full Article

Gjensidige sells 14,500,000 shares in SpareBank1 SR
Wednesday, 12 Oct 2016 02:29am EDT 

SpareBank 1 SR Bank ASA : Gjensidige has sold 14,500,000 shares in SB1 SR-bank, representing 5.67 per cent of share capital by way of an accelerated bookbuilding process .Shares were sold at a price of 46.00 Norwegian crowns per share.  Full Article

Gjensidige sold 5.7 pct SR-Bank stake, now holds 4.8 pct
Wednesday, 12 Oct 2016 02:01am EDT 

Gjensidige : Sold 14,500,000 shares in Sparebank 1 SR-Bank, representing 5.67 per cent of share capital by way of an accelerated bookbuilding process. Shares were sold at a price of nok 46.00 each. Gjensidige now holds 4.81 percent of the bank's shares . SR-Bank's shares on Tuesday closed at NOK 47.4 .has entered into a customary lock-up with the bookrunners of 3 months following the completion of the sale.  Full Article

Sparebank 1 SR Bank signs merger plan with subsidiary SpareBank 1 SR-Finans AS
Thursday, 25 Aug 2016 07:39am EDT 

Sparebank 1 SR Bank ASA : The boards of directors of SpareBank 1 SR-Bank ASA and its wholly owned subsidiary, SpareBank 1 SR-Finans AS have signed a joint merger plan, dated Aug. 24, 2016, for a merger between the two companies, with SpareBank 1 SR-Bank ASA as the receiving company .The boards of directors of the companies plan to adopt the merger in board meetings expected to be held on or about Sept. 26, 2016.  Full Article

Sparebank 1 SR Bank Q2 net income NOK 406 million, below expectations
Wednesday, 10 Aug 2016 01:30am EDT 

Sparebank 1 SR Bank ASA : Q2 net income 406 million Norwegian crowns ($48.5 million) (Reuters poll 437 million crowns) . Q2 loan losses 305 million crowns (Reuters poll 178 million crowns) .Q2 net interest income 711 million crowns (Reuters poll 707 million crowns).  Full Article

Sparebank 1 SR-Bank elects Dag Mejdell as chairman
Friday, 10 Jun 2016 02:12am EDT 

Sparebank 1 SR Bank ASA :Dag Mejdell elected as chairman of the Board of Directors in SpareBank 1 SR-Bank ASA.  Full Article

Sparebank 1 SR-Bank ASA proposes FY 2015 dividend of NOK 1.50/shr
Thursday, 4 Feb 2016 01:30am EST 

Sparebank 1 SR-Bank ASA:‍Board proposes a FY 2015 dividend of 1.50 Norwegian crowns per share.Paid FY 2014 dividend of 2 crowns per share.  Full Article

Sparebank 1 SR-Bank ASA misses expectations; Cuts 50 fewer full-time equivalents jobs
Thursday, 29 Oct 2015 02:55am EDT 

Sparebank 1 SR-Bank ASA:Q3 net interest income 649 million Norwegian crowns (Reuters poll 638 million crowns).Q3 loan losses 96 million crowns (Reuters poll 88.2 million crowns).Q3 net income 377 million crowns (Reuters poll 382 million crowns).Will focus on strict capital management to achieve a goal of common equity Tier 1 capital of 14 pct by the end of 2016.Level of dividends will remain moderate in 2015 and 2016.Will implement further measures to streamline costs, this will result in 50 fewer full-time equivalents during 2016.  Full Article

Sparebank 1 SR-Bank ASA: Moody's upgrades rating
Tuesday, 12 May 2015 06:57am EDT 

Sparebank 1 SR-Bank ASA:Moody's upgrades Sparebank1 SR-Bank to A1.Moody's Investor Service has upgraded Sparebank 1 SR-Bank's deposit and senior unsecured rating to A1 from A2.Moody's initiates rating of SR-Boligkreditt with Aaa.  Full Article

More From Around the Web

BRIEF-Sparebank 1 SR Bank Q4 net income NOK 429 million, above expectations

* Q4 net interest income 733 million Norwegian crowns ($88.15 million) (Reuters poll 730 million crowns)