Sparebanken Vest Overview
- Year Founded
-
1823
- Status
-
Public
- Employees
-
797
- Stock Symbol
-
SVEG
- Investments
-
19
- Share Price
-
$11.84
- (As of Friday Closing)
Sparebanken Vest General Information
Description
Sparebanken Vest AS is a financial services company engaged in providing banking and financial services to private and corporate sectors. The company's operating segments are the Corporate Market (CM), the Retail Market (RM), Bulder Bank, Treasury, and Estate Agency activities in which its Retail market segment generates the majority of its revenue.
Contact Information
Website
spv.noCorporate Office
- Jonsvollsgaten 2
- 5011 Bergen
- Norway
Corporate Office
- Jonsvollsgaten 2
- 5011 Bergen
- Norway
Sparebanken Vest Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $11.84 | $11.99 | $8.93 - $13.47 | $1.3B | 110M | 68.4K | $1.42 |
Sparebanken Vest Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| Revenue | 635,238 | 574,186 | 516,647 | 484,693 |
| Net Income | 394,764 | 334,675 | 291,487 | 291,395 |
| Total Assets | 28,953,033 | 30,135,983 | 26,917,394 | 26,591,673 |
| Total Debt | 26,461,276 | 25,281,700 | 22,239,715 | 21,067,381 |
Sparebanken Vest Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Sparebanken Vest Comparisons
Industry
Financing
Details
000000
Sparebanken Vest Competitors (1)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sparebank 1 Sørost-Norway | Corporation | Sandefjord, Norway |
Sparebanken Vest Executive Team (17)
| Name | Title | Board Seat |
|---|---|---|
| Jan Kjerpeseth | Chief Executive Officer | |
| Hallgeir Isdahl | Executive Vice President, CSR | |
| Tore Dvergsdal | Group Chief Executive Officer for the Personal Market in the Northern Region | |
| Frank Johannesen | Chief Financial Officer, Finance & Executive Vice President | |
| Jan-Ståle Hatlebakk | Executive Vice President & Chief Risk Officer |
Sparebanken Vest Board Members (11)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000000 000000 | Self | Board Member | 000 0000 |
| 00000 00000 | Self | Chairman of the Board of Directors | 000 0000 |
| 000000 00000 | Sparebankstiftinga Hardanger | Board Member | 000 0000 |
| 000000 00000000 | Self | Board Member | 000 0000 |
| 00000 000000 | Self | Deputy Chairman & Board Member | 000 0000 |
Sparebanken Vest Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Sparebanken Vest Investments & Acquisitions (19)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sparebanken Sør | 28-Aug-2024 | 0000000000 | Regional Banks | 000 00000 | |
| Etne Sparebank | 17-Nov-2022 | 0000000000 | 000.00 | Regional Banks | |
| EasyX | 01-Jan-2022 | 0000000000 | 00000 | Electronics (B2C) | |
| Happybytes | 14-Jul-2018 | 00000 0000 | Telecommunications Service Providers | ||
| Earth Science Analytics | 14-Jun-2018 | Grant | 00.00 | Business/Productivity Software |
Sparebanken Vest Subsidiaries (3)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Etne Sparebank | Regional Banks | Etne, Norway | 1859 |
| Sparebankstiftinga Hardanger | Regional Banks | Kinsarvik, Norway | 0000 |
| Eiendomsmegler Vest | Bergen, Norway |
Sparebanken Vest ESG
Risk Overview
Risk Rating
Updated May, 27, 2023
14.73 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Diversified Financials
Industry
00 of 1,037
Rank
Percentile
Asset Management and Custody Services
Subindustry
00 of 289
Rank
Percentile
Sparebanken Vest Exits (8)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| BSafe (Acquired) | 23-Aug-2016 | 00000 00000 | Completed |
|
|
| BSafe (Acquired) | 01-Oct-2011 | 0000 00000 | 00000 | Completed |
|
| Hammertech (Oil and Gas Equipment) | 01-Apr-2011 | 00000 00000 | Completed |
|
|
| Sea-Hawk | 10-Nov-2010 | 00000 00000 | 00.000 | Completed |
|
| BSafe (Acquired) | 01-May-2010 | Seed Round | 000 | Completed |
|
Sparebanken Vest FAQs
-
When was Sparebanken Vest founded?
Sparebanken Vest was founded in 1823.
-
Who is the CEO of Sparebanken Vest?
Jan Kjerpeseth and Tore Dvergsdal are the CEOs of Sparebanken Vest.
-
Where is Sparebanken Vest headquartered?
Sparebanken Vest is headquartered in Bergen, Norway.
-
What is the size of Sparebanken Vest?
Sparebanken Vest has 797 total employees.
-
What industry is Sparebanken Vest in?
Sparebanken Vest’s primary industry is Regional Banks.
-
Is Sparebanken Vest a private or public company?
Sparebanken Vest is a Public company.
-
What is Sparebanken Vest’s stock symbol?
The ticker symbol for Sparebanken Vest is SVEG.
-
What is the current stock price of Sparebanken Vest?
As of 06-Sep-2024 the stock price of Sparebanken Vest is $11.84.
-
What is the current market cap of Sparebanken Vest?
The current market capitalization of Sparebanken Vest is $1.3B.
-
What is Sparebanken Vest’s current revenue?
The trailing twelve month revenue for Sparebanken Vest is $635M.
-
Who are Sparebanken Vest’s competitors?
Sparebank 1 Sørost-Norway is a competitor of Sparebanken Vest.
-
What is Sparebanken Vest’s annual earnings per share (EPS)?
Sparebanken Vest’s EPS for 12 months was $1.42.
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