SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company offers deposits, financing, savings, advisory, life and non-life insurance, and pension products and services. It also provides credit cards; and leasing, money-transfer, capital and investment management, debt recovery, real estate brokering and rental, factoring, trade and corporate finance, and accounting related services. It has 36 branches in Innlandet, Oslo, and Viken. The company was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet is a subsidiary of Sparebankstiftelsen Hedmark.
P/B ratio for SpareBank 1 Ostlandet (SPOL.OL)
P/B ratio as of 2023: 0.79
According to SpareBank 1 Ostlandet's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.79. At the end of 2022 the company had a P/B ratio of 0.71.
P/B ratio history for SpareBank 1 Ostlandet from 2014 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.79 |
| 2022 | 0.71 |
| 2021 | 0.91 |
| 2020 | 0.67 |
| 2019 | 0.68 |
| 2018 | 0.65 |
| 2017 | 0.74 |
| 2016 | 0.70 |
| 2015 | 0.96 |
| 2014 | 1.10 |