SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company offers deposits, financing, savings, advisory, life and non-life insurance, and pension products and services. It also provides credit cards; and leasing, money-transfer, capital and investment management, debt recovery, real estate brokering and rental, factoring, trade and corporate finance, and accounting related services. It has 36 branches in Innlandet, Oslo, and Viken. The company was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet is a subsidiary of Sparebankstiftelsen Hedmark.
General Outlook
In simple terms, SpareBank 1 Ostlandet has 115.83 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 1.000% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.550%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.442%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.013% return, is a testament to SpareBank 1 Ostlandet's adeptness in optimizing resource deployment. SpareBank 1 Ostlandet's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.116%. Furthermore, the proficiency of SpareBank 1 Ostlandet in capital utilization is underscored by a remarkable 0.016% return on capital employed.
Stock Prices
SpareBank 1 Ostlandet's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $15.6, while its low point bottomed out at $15.6. This variance in figures offers investors a lucid insight into the roller-coaster ride that is SpareBank 1 Ostlandet's stock market.
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