SpareBank 1 SMN (OTCMKTS:SRMGF – Get Rating) is one of 238 publicly-traded companies in the “Banks—Regional” industry, but how does it compare to its peers? We will compare SpareBank 1 SMN to related businesses based on the strength of its dividends, profitability, earnings, risk, valuation, analyst recommendations and institutional ownership.
Dividends
SpareBank 1 SMN pays an annual dividend of $1.31 per share and has a dividend yield of 11.4%. SpareBank 1 SMN pays out 15.0% of its earnings in the form of a dividend. As a group, “Banks—Regional” companies pay a dividend yield of 10.5% and pay out 16.7% of their earnings in the form of a dividend. SpareBank 1 SMN is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
Profitability
This table compares SpareBank 1 SMN and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
SpareBank 1 SMN | N/A | N/A | N/A |
SpareBank 1 SMN Competitors | 33.25% | 9.95% | 0.87% |
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
SpareBank 1 SMN | 0 | 0 | 0 | 0 | N/A |
SpareBank 1 SMN Competitors | 1032 | 3000 | 2934 | 29 | 2.28 |
As a group, “Banks—Regional” companies have a potential upside of 518.87%. Given SpareBank 1 SMN’s peers higher possible upside, analysts plainly believe SpareBank 1 SMN has less favorable growth aspects than its peers.
Earnings and Valuation
This table compares SpareBank 1 SMN and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
SpareBank 1 SMN | N/A | N/A | 1.31 |
SpareBank 1 SMN Competitors | $3.06 billion | $714.37 million | 299.97 |
SpareBank 1 SMN’s peers have higher revenue and earnings than SpareBank 1 SMN. SpareBank 1 SMN is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
33.8% of SpareBank 1 SMN shares are owned by institutional investors. Comparatively, 31.4% of shares of all “Banks—Regional” companies are owned by institutional investors. 14.7% of shares of all “Banks—Regional” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
SpareBank 1 SMN peers beat SpareBank 1 SMN on 7 of the 10 factors compared.
SpareBank 1 SMN Company Profile
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
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