Romsdal Sparebank operates as a savings bank that provides various financial products and services to retail and corporate customers primarily in Romsdal and southern parts of Nordmøre. Its personal banking products and services include BSU and other savings accounts, fund savings plans, and retirement savings plans; bank cards and payment solutions; and mortgages, car and other vehicle loans, and small loans and refinancing. The company’s business banking products and services comprise group accounts, as well as accounts for daily operations; financing solutions, such as bank guarantees, construction loans, overdrafts, leasing, and business loans, as well as factoring and invoice sales; and savings and pension plans. It also offers debit and credit cards, payment solutions, and online and mobile banking services; and business, personal, and agricultural insurance products, as well as insurance for machines and vehicles. Romsdal Sparebank was formerly known as Bud Fræna og Hustad Sparebank and changed its name to Romsdal Sparebank in January 2018. The company was founded in 1883 and is headquartered in Elnesvågen, Norway.
Metrics to compare | ROMSB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipROMSBPeersSector | |
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P/E Ratio | 15.6x | 9.6x | 8.7x | |
PEG Ratio | −0.63 | 0.11 | 0.03 | |
Price/Book | 0.3x | 0.6x | 1.0x | |
Price / LTM Sales | 1.6x | 2.6x | 2.7x | |
Upside (Analyst Target) | 5.4% | 4.9% | 12.7% | |
Fair Value Upside | Unlock | 4.9% | 2.9% | Unlock |