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SR Bancorp announces second share buyback program and dividend payout
SR Bancorp has announced the approval of a second share buyback program covering up to 10% of its outstanding common shares. In addition, the company declared a quarterly cash dividend of $0.05 per share, highlighting its solid financial position. The buybacks and dividends reflect management's confidence in the current share price performance and the company's financial strength. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | 2023 | YoY |
|---|---|---|
| Revenue | 716.53M | 12.03% |
| Gross profit | 716.61M | 12.04% |
| Net profit | 397.87M | 23.46% |
| EBITDA | -177.82K | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €7.31B |
Number of shares | 373.41M |
52-week high/low | €20.22 - €13.91 |
Dividend yield | 4.93% |
Dividends TTM | €1.11 |
Beta | 0.64 |
P/E ratio | 13.63 |
PEG ratio | 5.80 |
P/B ratio | 1.68 |
P/S ratio | 2.78 |
Company profile
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company offers its products and services in the areas of savings, loans, advice, insurance, and pensions. It also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, estate agency, payroll/HR, and securities trading services, as well as management and securities management services. In addition, the company facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, it is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. Additionally, the company offers green loan; credit and debit cards; consulting; and mobile and online banking services. The company also serves retail and corporate, small business, and agricultural customers, as well as the public sector. As of December 31, 2021, it had 34 branches in the counties of Rogaland, Vestland, Agder, and Oslo. SpareBank 1 SR-Bank ASA was founded in 1839 and is headquartered in Stavanger, Norway.
| Name | SpareBank 1 SR-Bk |
| CEO | Inge Reinertsen |
| Headquarters | Stavanger,
ro Norway |
| Website | |
| Sector | Financials |
| Industry | Banks |
| IPO | 01/03/2000 |
| Employees | 2,323 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Osl | SRBNK.OL |
Frankfurt | B4M1.F |
Düsseldorf | B4M1.DU |
London | 0Q57.L |