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Romerike Sparebank
OSE:ROMER

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Romerike Sparebank
OSE:ROMER
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Price: 140 NOK -1.41% Market Closed
Market Cap: kr397.6m

Net Margin

6.7%
Current
Improving
by 0.2%
vs 3-y average of 6.5%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.7%
=
Net Income
kr29m
/
Revenue
kr434.9m

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.7%
=
Net Income
kr29m
/
Revenue
kr434.9m

Peer Comparison

Country Company Market Cap Net
Margin
NO
Romerike Sparebank
OSE:ROMER
397.6m NOK
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US
PNC Financial Services Group Inc
NYSE:PNC
93.6B USD
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US
Truist Financial Corp
NYSE:TFC
69.4B USD
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US
Fifth Third Bancorp
NASDAQ:FITB
35.4B USD
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US
M&T Bank Corp
NYSE:MTB
35.4B USD
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CN
Bank of Ningbo Co Ltd
SZSE:002142
216.3B CNY
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US
Huntington Bancshares Inc
NASDAQ:HBAN
29.7B USD
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JP
Resona Holdings Inc
TSE:8308
4.5T JPY
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US
Citizens Financial Group Inc
NYSE:CFG
28.5B USD
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CN
Bank of Jiangsu Co Ltd
SSE:600919
186.8B CNY
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US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
26.5B USD
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Market Distribution

In line with most companies in Norway
Percentile
70th
Based on 970 companies
70th percentile
6.7%
Low
-4 257 300% — -4.2%
Typical Range
-4.2% — 6.7%
High
6.7% — 82 378.7%
Distribution Statistics
Norway
Min -4 257 300%
30th Percentile -4.2%
Median 0.8%
70th Percentile 6.7%
Max 82 378.7%

Other Profitability Ratios

Romerike Sparebank
Glance View

Market Cap
397.6m NOK
Industry
Banking

Romerike Sparebank provides banking and financial services. The company is headquartered in Lillestrom, Akershus. The company went IPO on 2017-12-08. The Bank’ s main market is region in Romerike. The company is engaged in the provision of banking services and offers financial services and professional advice with local roots to personal and business customers. The Bank offers online and mobile banking services, card issue, payment services, mortgage and different kind of small loans, saving and retire account, property and health insurance and real estate credit among others.

ROMER Intrinsic Value
Not Available
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
6.7%
=
Net Income
kr29m
/
Revenue
kr434.9m
What is Romerike Sparebank's current Net Margin?

The current Net Margin for Romerike Sparebank is 6.7%, which is above its 3-year median of 6.5%.

How has Net Margin changed over time?

Over the last 3 years, Romerike Sparebank’s Net Margin has decreased from 32% to 6.7%. During this period, it reached a low of 5% on Mar 31, 2022 and a high of 32% on Dec 1, 2020.

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