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
sales of 4.07 billion Norwegian Kroner [US$502.72 million]
of which 19%
was Retail Banking),
SpareBank 1 SMN
(5.93 billion Norwegian Kroner [US$732.69 million]
of which 16%
was CM), and
(3.53 billion Norwegian Kroner [US$435.83 million]
of which 27%
During the year ended December of 2016, sales at
Sparebanken Vest were NOK 5.09 billion (US$629.57 million).
decrease of 3.2%
versus 2015, when the company's sales were NOK 5.26 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Sparebanken Vest had sales
of NOK 5.06 billion.
Contributing to the drop in overall sales was the 50.0% decline
in Estate Agency, from NOK 2.00 million to NOK 1.00 million.
There were also decreases in sales in
Retail Market (down 4.9% to NOK 1.45 billion)
However, these declines were partially offset by the increase in sales of
Corporate Market (up 11.4% to NOK 843.00 million)
Treasury (up 47.9% to NOK 108.00 million)