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Sparebanken Vest Company Snapshot
Sparebanken Vest operates within the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Sparebanken Vest with three other companies in this sector in Norway: Sparebank 1 Nord Norge (2017 sales of 4.24 billion Norwegian Kroner [US$501.55 million] of which 21% was Retail Banking), Norwegian Finans Holding ASA (4.58 billion Norwegian Kroner [US$541.78 million] of which 43% was Norway), and SpareBank 1 SMN (6.32 billion Norwegian Kroner [US$747.59 million] of which 16% was RM).

Sales Analysis. During the year ended December of 2017, sales at Sparebanken Vest were NOK 5.10 billion (US$603.75 million). This is a very small increase of 0.2% versus 2016, when the company's sales were NOK 5.09 billion. Despite this increase, sales are still below the level achieved in 2015, when Sparebanken Vest reported sales of NOK 5.26 billion. The sales level in 2017 was fairly close to the level five years ago: in 2012, Sparebanken Vest had sales of NOK 5.64 billion. Sales of Retail Market saw an increase that was more than double the company's growth rate: sales were up 13.6% in 2017, from NOK 1.45 billion to NOK 1.64 billion. Sparebanken Vest also saw significant increases in sales in Corporate Market (up 3.3% to NOK 871.00 million) . Not all segments of Sparebanken Vest experienced an increase in sales in 2017: sales of Treasury fell 53.7% to NOK 50.00 million. (However, this segment's sales were only a very small portion of the company's overall sales).
   
   
 
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Sparebanken Vest
  Stock Performance Chart for Sparebanken Vest
 
  Stock Data: Recent Stock Performance:
  Current Price (8/17/2018): 51.00
(Figures in Norwegian Kroner)
1 Week 4.1%   13 Weeks 7.6%  
4 Weeks 5.8%   52 Weeks -3.3%  
 
Sparebanken Vest Key Data:
  Ticker: SVEG Country: Norway
  Exchanges: OSL Major Industry: Banks
    Sub Industry: Commercial Banks
  2017 Sales 5,104,000,000
(Year Ending Jan 2018).
Employees: 693
  Currency: Norwegian Kroner Market Cap: 3,010,422,594
  Fiscal Yr Ends: December Shares Outstanding: 59,027,894
  Share Type: Prioritetsaksje Closely Held Shares: 25,872,520
 
 
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