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Trøndelag Sparebank (TRSB.OL)

NOK111.00 -0.30 (-0.27%)
NO OSL Financial Services Banks - Regional
Address Øragata 5 7200
Kyrksæterøra, NO
CEO Tor Espnes
IPO 2024-12-18
ISIN NO0010788268

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Description

As a Norwegian savings bank, Trøndelag Sparebank furnishes a comprehensive array of financial products and services to both private individuals and corporate entities. For its personal clientele, the bank supplies debit and credit cards, payment solutions, diverse lending options, savings instruments, insurance coverage, and convenient access through online and mobile banking platforms. Corporate customers benefit from dedicated accounts, business bank cards, payment management, financing solutions, pension schemes, and insurance services. Founded in 1864, this institution, formerly known as Hemne Sparebank, maintains its primary office in Kyrksæterøra, Norway.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK111.00 -0.30 (-0.27%)
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Volume Profile
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Liquidity & share structure
Average Volume
1.2K
Beta
0.03
Float Shares
4.71M
Free Float %
98.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -3.51% -4.35% -1.70% -5.17% -5.93% -3.93% -1.77% -1.77% -1.77% -1.77%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
111.00
DCF (Unlevered) 566.40 +410.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.17
Distress
Piotroski F-Score
3 / 9
Average
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    +7.4% Q1'26: +4.4% (vs Q1'25)
  • EPS growth
    +91.9% Q1'26: -95.3% (vs Q1'25)
  • FCF margin
    Q1'26: +22.7% (vs Q1'25)
  • EBIT margin
    Q1'26: +2.0% (vs Q1'25)
  • ROIC
    Q1'26: +0.3% (vs Q1'25)
  • Share dilution
    +23.8% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 100.10× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.00) × ERP
WACC = 17% × Ke + 83% × Kd (14.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 566.40 Current price: 111.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
651.49M
est: 306.20M (+112.8%)
699.79M
est: 325.40M (+115.1%)
348.00M
348.00M – 348.00M
+6.9% YoY
368.50M
368.50M – 368.50M
+5.9% YoY
386.20M
386.20M – 386.20M
+4.8% YoY
EBITDA
92.95M
est: 66.28M (+40.2%)
102.14M
est: 70.44M (+45.0%)
75.33M
75.33M – 75.33M
+6.9% YoY
79.77M
79.77M – 79.77M
+5.9% YoY
83.60M
83.60M – 83.60M
+4.8% YoY
EBIT
85.17M
est: 60.93M (+39.8%)
90.78M
est: 64.75M (+40.2%)
69.25M
69.25M – 69.25M
+6.9% YoY
73.33M
73.33M – 73.33M
+5.9% YoY
76.85M
76.85M – 76.85M
+4.8% YoY
Net Income
67.42M
est: 38.16M (+76.7%)
70.20M
est: 38.44M (+82.6%)
38.78M
38.78M – 38.78M
+0.9% YoY
42.13M
42.13M – 42.13M
+8.6% YoY
52.74M
52.74M – 52.74M
+25.2% YoY
SGA
12.54M
est: 5.37M (+133.6%)
est: 5.70M (-100.0%)
6.10M
6.10M – 6.10M
+6.9% YoY
6.46M
6.46M – 6.46M
+5.9% YoY
6.77M
6.77M – 6.77M
+4.8% YoY
EPS
7.65
est: 7.98 (-4.1%)
14.68
est: 8.04 (+82.6%)
8.11
8.11 – 8.11
+0.9% YoY
8.81
8.81 – 8.81
+8.6% YoY
11.03
11.03 – 11.03
+25.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-27 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-26 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-22 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-20 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-19 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-15 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-13 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-12 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-11 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-05-08 B- 3/5 1/5 2/5 3/5 1/5 4/5 4/5
2026-05-07 B- 3/5 1/5 2/5 3/5 1/5 4/5 4/5
2026-05-05 B- 3/5 1/5 2/5 3/5 1/5 4/5 4/5
2026-05-04 B- 3/5 1/5 2/5 3/5 1/5 4/5 4/5
2026-04-29 B- 3/5 1/5 2/5 3/5 1/5 4/5 4/5
2026-04-28 B- 3/5 1/5 2/5 3/5 1/5 4/5 4/5
2026-04-24 B 3/5 1/5 3/5 3/5 1/5 4/5 4/5
2026-04-23 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-354.69M
OE per share TTM
-74.17
Owner's Yield
-67.53%
Maintenance CapEx ratio
333.17%
Maint CapEx / Avg PPE
18.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
803.4K
Shares Outstanding
4.78M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tor Espnes Chief Executive Officer 2M male
Inge Hårstad Executive Officer 1M male
Gaute Ivar Krogfjord Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits