Sparebank 1 SR Bank ASA operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sparebank 1 SR Bank ASA with three other
companies in this sector in Norway:
SpareBank 1 SMN
sales of 5.93 billion Norwegian Kroner [US$707.56 million]
of which 16%
Sparebank 1 Nord Norge
(4.07 billion Norwegian Kroner [US$485.48 million]
of which 19%
was Retail Banking), and
(5.09 billion Norwegian Kroner [US$607.98 million]
of which 28%
was Retail Market).
During the year ended December of 2016, sales at
Sparebank 1 SR Bank ASA were NOK 7.34 billion (US$876.87 million).
a very small
increase of 1.5%
versus 2015, when the company's sales were NOK 7.24 billion.
Despite this increase, sales are still
below the level achieved in 2014, when Sparebank 1 SR Bank ASA
reported sales of NOK 8.21 billion.
Sales of Group Entries saw an increase
that was more than double the company's growth rate: sales were up
136.1% in 2016, from
NOK 822.00 million to NOK 1.94 billion.
Sparebank 1 SR Bank ASA also saw significant increases in sales in
Corporate Market (up 4.8% to NOK 1.76 billion)
Other (up 50.0% to NOK 3.00 million)
Not all segments of Sparebank 1 SR Bank ASA experienced an increase in sales in 2016:
sales of Capital Market fell 97.4% to NOK 30.00 million.
Sparebank 1 SR Bank ASA also experienced decreases in sales in
Retail Market (down 11.3% to NOK 1.65 billion)
Sr Finance (down 7.9% to NOK 359.00 million)
Real Estate (down 33.3% to NOK 2.00 million)