Sparebanken Vest

Independent, listed financial services group focused on banking and financing activities.

Launch date

1823

Employees

501-1000 people

Market cap

Enterprise valuation

CAD2.3b (Public information from Sep 2024)

North Bergen New Jersey (HQ)

https://twitter.com/sparebankenvest https://www.facebook.com/sparebankenvest https://www.linkedin.com/company/sparebanken-vest

Revenues, earnings & profits over time

NOK	2020	2021	2022	2023	2024	2025	2026
Revenues	3.7b	4.1b	4.9b	6.1b	7.4b	7.4b	7.3b
% growth	(3 %)	10 %	19 %	24 %	22 %	-	(1 %)
Profit	2.0b	2.5b	2.8b	3.5b	4.3b	4.2b	4.1b
% profit margin	54 %	61 %	57 %	58 %	58 %	56 %	56 %
EV / revenue	2.1x	2.6x	2.0x	2.0x	2.0x	2.0x	2.0x

Date	Investors	Amount	Round
Nov 2012	N/A	N/A	IPO
Total Funding		-

Beat Technology

Sparebanken Sør

ACQUISITION by Sparebanken Vest Aug 2024