Why SpareBank 1 SMN stock moves
SpareBank 1 SMN fell with the market.
Written after the close on ·
Why today
16,437 news analyzed todaySpareBank 1 SMN fell with the market.
It moved in line with a broadly weaker Oslo Børs market that session.
Over the last five trading days the share rose slightly, while the market fell sharply, so it moved against the market.
The latest close sits near its highest level of the past year, which suggests the stock held up well overall.
The most recent company news was a trading notice on the employee savings programme, which does not explain a fall.
Today's move of −0.91% was 1.5 times a normal day's 0.6%. Oslo Børs benchmark index moved −1.31% on the same day.
SpareBank 1 SMN −0.91%
What analysts expect, and how often they have been right
Analysts’ estimates for SpareBank 1 SMN.
SpareBank 1 SMN earned more than expected in 6 out of 8 reports.
Not in the chart because no estimate and result are available: 1 of the 9 reports in this period, the latest on August 13, 2026.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 5 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 217.95 NOK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedNOK
Next reported quarter: expected earnings per share of 4.34 NOK (February 11). For the current fiscal year, expected earnings per share changed from 17.15 NOK three months ago to 17.43 NOK now. 2026 estimate: 17.43 NOK. 2027 estimate: 19.79 NOK. One analyst made the estimate for the quarter.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +20% and earnings per share −5%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn NOK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn NOK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 31.4 bn NOKRevenue 2025: 8.1 bn NOK
What the key figures say about SpareBank 1 SMN
The figures connect what SpareBank 1 SMN earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 12.82 NOK–20.10 NOK. Peers: Avanza Bank 18.43 SEK, Ringkjøbing Landbobank 94.72 DKK, AL Sydbank 30.20 DKK. 2026 estimate: 17.43 NOK (17.37 NOK–17.50 NOK). 2027 estimate: 19.79 NOK (18.70 NOK–21.06 NOK).
What the company sold during the year.
2022–2025: 5.3 bn NOK–8.1 bn NOK. Peers: Avanza Bank 5.5 bn SEK, Ringkjøbing Landbobank 4.3 bn DKK, AL Sydbank 12.4 bn DKK. 2026 estimate: 8.8 bn NOK (8.8 bn NOK–8.8 bn NOK). 2027 estimate: 9.6 bn NOK (9.4 bn NOK–9.8 bn NOK).
Profit as a percentage of shareholders’ money in the company.
2022–2025: 7.0%–9.8%. Peers: Avanza Bank 36.9%, Ringkjøbing Landbobank 20.5%, AL Sydbank 10.6%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 8.4–10.8. Peers: Avanza Bank 20.0, Ringkjøbing Landbobank 18.9, AL Sydbank 24.1. 2026 estimate: 12.5. 2027 estimate: 11.0.
What investors pay for each unit the company sells.
2022–2025: 2.83–3.69. Peers: Avanza Bank 10.54, Ringkjøbing Landbobank 9.79, AL Sydbank 5.00. 2026 estimate: 3.58. 2027 estimate: 3.28.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 3.00 NOK–12.50 NOK.
The ordinary yearly dividend as a percentage of the share price. Across Nordic companies, a yield of this size was followed by a lower dividend the next year in about 33% of cases, against about 17% below 5%.
2022–2025: 4.6%–7.0%. Peers: Avanza Bank 3.5%, Ringkjøbing Landbobank 0.7%, AL Sydbank 3.4%.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.69–0.95. Peers: Avanza Bank 7.83, Ringkjøbing Landbobank 3.58, AL Sydbank 1.72.
Cash left after investments, divided by the number of shares.
2022–2025: -67.66 NOK–68.66 NOK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 10.7%–12.8%.
The dividend explained
A dividend is money paid to shareholders. SpareBank 1 SMN paid 13.50 NOK per share in the twelve months through November 6, 2026.
On the ex-dividend day, March 27, 2026, SpareBank 1 SMN traded without the right to the 13.50 NOK dividend. The price went from 207.75 NOK to 195.10 NOK; including the dividend, the day's change was +0.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 3.00 NOK2018: 4.40 NOK2019: 5.10 NOK2020: 5.00 NOK2021: 4.40 NOK2022: 7.50 NOK2023: 6.50 NOK2024: 12.00 NOK2025: 12.50 NOK2026 so far: 13.50 NOK
What to watch next, and why
The earnings report shows how SpareBank 1 SMN's revenue and profit have changed.
- Earnings report
The earnings report shows how SpareBank 1 SMN's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days SpareBank 1 SMN usually moved about 1.1%. On a normal day it moves 0.6%.
−2.20% Why? +0.05% −4.42% −0.61%
10,000 NOK in SpareBank 1 SMN bought on November 7, 2016 is worth 66,400 NOK today, with dividends reinvested.
The same amount in OSEBX with dividends would have become 32,400 NOK.
What would 10,000 NOK in SpareBank 1 SMN be worth today? →
What would 10,000 NOK in SpareBank 1 SMN be worth today?
66,400 NOK
with dividends reinvested, bought on November 7, 2016. The same amount in OSEBX with dividends would have become 32,400 NOK.
The five biggest days of the journey
· −11.1% · the whole market fell 8.8% the same day
· +10.9% · the whole market rose 0.7% the same day
· −9.8% · the whole market fell 8.1% the same day
· +9.2% · the whole market rose 4.6% the same day
· −8.7% · the whole market fell 1.1% the same day
Earlier days
+0.83% SpareBank 1 SMN, the Norwegian bank listed on Oslo Børs, rose slightly over the trading week, moving against a market that fell sharply. Read →
SpareBank 1 SMN, the Norwegian bank listed on Oslo Børs, rose slightly over the trading week, moving against a market that fell sharply.
Its share price held up while Oslo Børs weakened.
Company news in the week was mostly routine: insider share allocations, a new executive appointment at its estate agency arm, and a notice of share purchases for its employee savings programme.
Analysts also trimmed their price targets, the fair value they see for the shares, with Arctic lowering its target to NOK 212 and ABG Sundal Collier to NOK 232.
+2.04% SpareBank 1 SMN rose, moving against a flat market. Read →
SpareBank 1 SMN rose, moving against a flat market.
Over the last five trading days, the share fell clearly, more than the Oslo Børs index.
Earlier this week, analysts cut or kept their price targets, the price they see as fair.
−1.34% SpareBank 1 SMN fell, moving in line with the Oslo Børs market. Read →
SpareBank 1 SMN fell, moving in line with the Oslo Børs market.
No company news explains it.
Over the last five trading days the shares fell clearly, more than the market's slight decline.
Earlier news included a successful bond issue and third-quarter results that beat expectations, but these came before the session.
Analysts cut their price targets, the share price they see as fair, to 232 and 212 kroner.
+1.62% SpareBank 1 SMN rose clearly over the week, moving in line with the market, which rose sharply. Read →
SpareBank 1 SMN rose clearly over the week, moving in line with the market, which rose sharply.
The rise came as the bank reported solid third-quarter profit of NOK 954 million, with a return on equity of 12.4 per cent, on 29 October.
Analyst SEB raised its price target, the share price it sees as fair, to NOK 237 and kept its buy rating on 30 October.
Over the last session the shares fell slightly while the index rose slightly.
−2.20% SpareBank 1 SMN fell sharply without company news. Read →
SpareBank 1 SMN fell sharply without company news.
Oslo Børs, the Norwegian stock exchange, moved up slightly over the same day, so the bank moved against the market.
The move was very big for this stock, about three times a normal day, and trading was well above its usual level.
Earlier that day the bank reported third-quarter profit of NOK 954 million, a return on equity of 12.4 per cent, and announced a NOK 200 million bond issue.
Over the last five trading days the shares rose slightly, while the broader market rose sharply.
+1.87% SpareBank 1 SMN rose sharply. Read →
SpareBank 1 SMN rose sharply.
No company news explains the move.
Over five trading days the shares rose sharply, well ahead of a clearly rising market.
Earlier this month, Fremtind reported strong profit growth, which may have supported sentiment.
The next report is due Thursday 29 October 2026.
+1.88% SpareBank 1 SMN rose, beating the market, which also rose sharply. Read →
SpareBank 1 SMN rose, beating the market, which also rose sharply.
Company news in the last session did not clearly explain the move; the bank raised lending rates while keeping savings rates unchanged.
Over the last five trading days the shares rose clearly, in line with the market.
The move looks more like market-wide momentum than a company-specific event, though the bank's lending-rate increase may have helped.
Next, the company reports third-quarter results on Thursday 29 October 2026.
−1.14% SpareBank 1 SMN fell clearly, against a market that rose clearly. Read →
SpareBank 1 SMN fell clearly, against a market that rose clearly.
The stock moved against the Oslo Børs benchmark, which rose clearly over the same session, so the drop was company-specific, not market-wide.
No company news from the last session explains the fall, and trading volume was well below its usual level.
Over the last five trading days the shares fell slightly while the market was roughly flat.
Earlier news included strong third-quarter profit growth at the insurer Fremtind, in which SpareBank 1 SMN holds a stake, and a bond rate reset, neither of which explains a fall in the last session.
−1.41% SpareBank 1 SMN edged lower over the last five trading days while the broader market was roughly flat. Read →
SpareBank 1 SMN edged lower over the last five trading days while the broader market was roughly flat.
The company's share of a parent group's profit rose sharply in the nine months to September, which supported sentiment, and Pareto Securities lifted its fair-value estimate while keeping a hold rating.
Trading was quiet, so the small decline reflects limited activity rather than a strong selling wave.
Next, watch the third-quarter results due Thursday 29 October.
+1.50% SpareBank 1 SMN rose sharply, moving in line with the market. Read →
SpareBank 1 SMN rose sharply, moving in line with the market.
Oslo Børs also rose sharply that day, so the gain was largely market-driven.
No company news from the last session clearly explains the move.
Earlier, on Monday, Fremtind's profit before tax rose strongly, which lifted SpareBank 1 SMN's share of it.
Pareto Securities also raised its price target, the share price it sees as fair, to 230 kroner, while keeping its hold rating.
Learn more · Why do stocks go up and down?