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Sparebanken Vest (SVEG.OL)

SVEG.OL on Oslo Stock Exchange

23 Feb 2017
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kr-1.25 (-2.23%)
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Sparebanken Vest (the Bank) is a Norway-based regional bank. The Bank is engaged in the provision of financial products and services through its 68 branches located in the regions of Hordaland, Sogn, Rogaland and Fjordane in Norway. The Bank’s customers comprise private households, small and medium-sized enterprises, industrial... (more)


Beta: 0.36
Market Cap(Mil.): kr3,291.15
Shares Outstanding(Mil.): 59.03
Dividend: 4.50
Yield (%): 8.07


  SVEG.OL Industry Sector
P/E (TTM): 7.39 16.58 19.30
EPS (TTM): 7.54 -- --
ROI: -- 0.00 0.40
ROE: 3.08 15.99 15.35

BRIEF-Sparebanken Vest wins advanced IRB approval

* Winst approval from Norway's FSA regulator to use advanced IRB approach for calculating regulatory capital requirements for credit risk

Feb 09 2017

BRIEF-Sparebanken Vest: Tier 1 and Tier 2 bond issues oversubscribed

* Issued Tier 1 bond of 300 million Norwegian crowns ($36.6 million) with floating rate coupon equal to 3 months NIBOR + 3.60 percentage points

Feb 02 2017

BRIEF-Sparebanken Vest Q4 pre-tax profit NOK 361 million, beats expectations

* Q4 net interest income 597 million Norwegian crowns ($72 million)(Reuters poll 592 million crowns)

Feb 01 2017

Fitch Affirms Sparebanken Vest at 'A-'; Withdraws Ratings

(The following statement was released by the rating agency) LONDON, January 24 (Fitch) Fitch Ratings has affirmed Sparebanken Vest's (SV) Long-Term Issuer Default Rating (IDR) at 'A-' with Stable Outlook, Short-Term IDR at 'F2' and Viability Rating (VR) at 'a-'. Fitch has simultaneously withdrawn the ratings of SV for commercial reasons. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS IDR, VR AND SENIOR DEBT The ratings reflect SV's strong re

Jan 24 2017

BRIEF-Sparebanken Vest mulls sale of its shareholding in Verd Boligkreditt

* Is in negotiations with other owners in Verd Boligkreditt regarding partial transfer of Sparebanken Vest's shares in Verd Boligkreditt

Nov 09 2016

BRIEF-Sparebanken Vest Q3 pre-tax profit NOK 769 million, beats estimates

* Q3 pre-tax profit 769 million Norwegian crowns ($93 million) (Reuters poll 600 million crowns)

Oct 26 2016

BRIEF-Moody's changes Sparebanken Vest's rating outlook to stable from negative

* Moody's changes Sparebanken Vest's rating outlook to stable from negative

Sep 16 2016

BRIEF-Sparebanken Vest to book NOK 140 mln one-off gain due to change in pension scheme

* Decided to discontinue defined benefit pension scheme covering around half of bank's employees

Sep 14 2016

BRIEF-Sparebanken Vest sells portfolio of non-performing loans

* Sale will have positive effect on Q3 pre-tax result for Sparebanken Vest of about 60 million Norwegian crowns ($7.33 million)

Sep 09 2016

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