Latest news with #SparebankenNorge
Yahoo
3 days ago
- Business
- Yahoo
Top European Dividend Stocks For August 2025
As European markets experience a boost from easing trade tensions and optimism surrounding U.S. interest rate cuts, dividend stocks continue to capture the attention of investors seeking stable returns in a fluctuating economic landscape. In this environment, selecting high-quality dividend stocks can be an effective strategy for those looking to balance potential income with growth, as these investments often provide resilience amid broader market shifts. Top 10 Dividend Stocks In Europe Name Dividend Yield Dividend Rating Zurich Insurance Group (SWX:ZURN) 4.23% ★★★★★★ UNIQA Insurance Group (WBAG:UQA) 4.57% ★★★★★☆ Rubis (ENXTPA:RUI) 6.95% ★★★★★★ Holcim (SWX:HOLN) 4.59% ★★★★★★ HEXPOL (OM:HPOL B) 5.01% ★★★★★★ DKSH Holding (SWX:DKSH) 4.10% ★★★★★★ Credito Emiliano (BIT:CE) 5.40% ★★★★★☆ Cembra Money Bank (SWX:CMBN) 4.66% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 4.75% ★★★★★☆ Banca Popolare di Sondrio (BIT:BPSO) 6.33% ★★★★★☆ Click here to see the full list of 217 stocks from our Top European Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Sparebanken Norge Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sparebanken Vest is a financial services company offering banking and financing services in the counties of Vestland and Rogaland, Norway, with a market cap of NOK18.35 billion. Operations: Sparebanken Vest generates revenue from several segments, including NOK3.44 billion from Banking Operations - Retail Market, NOK2.44 billion from Banking Operations - Corporate Market, NOK395 million from Banking Operations - Bulder Bank, and NOK392 million from its Estate Agency Business. Dividend Yield: 5.1% Sparebanken Norge's recent earnings report shows strong growth, with net income rising to NOK 1.7 billion in Q2 2025 from NOK 1.1 billion a year ago, supporting its dividend payments. The bank's payout ratio of 48.3% indicates dividends are well covered by earnings, though the track record has been volatile over the past decade. Despite a lower yield compared to top Norwegian payers, its P/E ratio of 8.7x suggests good value relative to peers. Dive into the specifics of Sparebanken Norge here with our thorough dividend report. Insights from our recent valuation report point to the potential undervaluation of Sparebanken Norge shares in the market. SpareBank 1 Østfold Akershus Simply Wall St Dividend Rating: ★★★★☆☆ Overview: SpareBank 1 Østfold Akershus is a Norwegian savings bank offering a range of banking products and services, with a market cap of NOK5.51 billion. Operations: SpareBank 1 Østfold Akershus generates its revenue through the provision of diverse banking products and services in Norway. Dividend Yield: 4.5% SpareBank 1 Østfold Akershus offers a dividend yield of 4.52%, which is lower than the top Norwegian payers, but its payout ratio of 43.2% suggests dividends are well covered by earnings. Although dividends have grown over the past decade, they have been volatile and unreliable, with significant annual drops. The stock trades at a good value compared to peers and is priced at 44.5% below estimated fair value, indicating potential for investors seeking undervalued opportunities in dividend stocks. Click here to discover the nuances of SpareBank 1 Østfold Akershus with our detailed analytical dividend report. Our comprehensive valuation report raises the possibility that SpareBank 1 Østfold Akershus is priced lower than what may be justified by its financials. Klingelnberg Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Klingelnberg AG is a company that specializes in the development, manufacturing, and sale of machines for bevel and cylindrical gear machining, as well as measuring centers for axially symmetrical objects and gears worldwide, with a market cap of CHF114.92 million. Operations: Klingelnberg AG's revenue is primarily derived from its Cylindrical Gear segment (€101.26 million), Measuring Centers (€100.72 million), Bevel Gear segment (€83.17 million), and Drive Technology (€19.77 million). Dividend Yield: 3.8% Klingelnberg's dividend yield of 3.85% ranks in the top 25% of Swiss payers, yet its track record is unstable with volatile payments over six years. Despite a low payout ratio (46.3%) and cash payout ratio (47.1%), ensuring coverage by earnings and cash flows, dividends have not grown consistently. Recent earnings showed a decline, with net income at €9.99 million down from €17.21 million last year, potentially impacting future payouts amidst fluctuating profit margins. Navigate through the intricacies of Klingelnberg with our comprehensive dividend report here. Our valuation report unveils the possibility Klingelnberg's shares may be trading at a premium. Make It Happen Unlock more gems! Our Top European Dividend Stocks screener has unearthed 214 more companies for you to here to unveil our expertly curated list of 217 Top European Dividend Stocks. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Seeking Other Investments? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include OB:SBNOR OB:SOAG and SWX:KLIN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Reuters
10-07-2025
- Business
- Reuters
Norway's savings banks grow bolder, turning up the heat on DNB
July 10 (Reuters) - Norway's DNB ( opens new tab faces rising competition on its home turf as a wave of consolidation among savings banks begins to reshape the country's banking landscape, analysts say, at a time when falling interest rates add fresh pressure on margins. Mergers forming Sparebanken Norge ( opens new tab and SpareBank 1 Sør-Norge ( opens new tab have created two lenders with more than 400 billion Norwegian crowns ($39.75 billion) each in gross lending, big enough to rival DNB in serving large corporations. "Recent consolidations will put additional competitive pressure on DNB," Norne Securities analyst Zilvinas Jusaitis said, adding that some of the largest savings banks are openly setting their sights on national expansion. These tie-ups follow years of gradual consolidation across the sector, including the 2021 merger that created SpareBank 1 Østlandet ( opens new tab, and DNB's own 2022 acquisition of Sbanken, which drew regulatory scrutiny at the time. While DNB continues to be the largest lender in the country, its market share has been drifting lower over the past decade. Analysts say the bank could face margin pressure in mortgages and lending to small and mid-sized enterprises as its newer rivals grow more sophisticated. "Savings banks have seen a repricing already and on several valuation metrics are now valued higher, which is not how it has historically been," Arctic Securities analyst Roy Tilley said. With investors expecting more mergers among smaller banks, DNB now looks undervalued compared to some of the larger savings banks, Tilley added. Norway's central bank's first rate cut in years last month could further squeeze net interest margins for DNB, which depends more heavily on interest income for its returns. Pareto Securities analyst Herman Zahl said that modestly lower rates, alongside June's rate cut, could contribute to continued pressure on net interest margins moving forward. In the first quarter, DNB beat market expectations on the back of lending growth and higher fees after buying Nordic investment bank Carnegie. Analysts noted that it might keep leaning toward Nordic acquisitions like this, as domestic M&A opportunities dry up and excess capital looks for a home. "DNB is already at a size in most areas that domestic acquisitions are difficult from a competition standpoint, so while there might be some smaller possibilities we'd expect that in Norway organic growth will be the main focus," Tilley said. Pareto's Zahl said it was not immediately clear what domestic acquisition opportunities would be available to DNB in terms of conventional banking growth. He added neither of the recently merged savings banks would have been likely targets. DNB reports its second-quarter results on Friday. ($1 = 10.0629 Norwegian crowns)
Yahoo
10-07-2025
- Business
- Yahoo
Norway's savings banks grow bolder, turning up the heat on DNB
By Jesus Calero and Agnieszka Gosciak (Reuters) -Norway's DNB faces rising competition on its home turf as a wave of consolidation among savings banks begins to reshape the country's banking landscape, analysts say, at a time when falling interest rates add fresh pressure on margins. Mergers forming Sparebanken Norge and SpareBank 1 Sør-Norge have created two lenders with more than 400 billion Norwegian crowns ($39.75 billion) each in gross lending, big enough to rival DNB in serving large corporations. "Recent consolidations will put additional competitive pressure on DNB," Norne Securities analyst Zilvinas Jusaitis said, adding that some of the largest savings banks are openly setting their sights on national expansion. These tie-ups follow years of gradual consolidation across the sector, including the 2021 merger that created SpareBank 1 Østlandet, and DNB's own 2022 acquisition of Sbanken, which drew regulatory scrutiny at the time. While DNB continues to be the largest lender in the country, its market share has been drifting lower over the past decade. Analysts say the bank could face margin pressure in mortgages and lending to small and mid-sized enterprises as its newer rivals grow more sophisticated. "Savings banks have seen a repricing already and on several valuation metrics are now valued higher, which is not how it has historically been," Arctic Securities analyst Roy Tilley said. With investors expecting more mergers among smaller banks, DNB now looks undervalued compared to some of the larger savings banks, Tilley added. Norway's central bank's first rate cut in years last month could further squeeze net interest margins for DNB, which depends more heavily on interest income for its returns. Pareto Securities analyst Herman Zahl said that modestly lower rates, alongside June's rate cut, could contribute to continued pressure on net interest margins moving forward. In the first quarter, DNB beat market expectations on the back of lending growth and higher fees after buying Nordic investment bank Carnegie. Analysts noted that it might keep leaning toward Nordic acquisitions like this, as domestic M&A opportunities dry up and excess capital looks for a home. "DNB is already at a size in most areas that domestic acquisitions are difficult from a competition standpoint, so while there might be some smaller possibilities we'd expect that in Norway organic growth will be the main focus," Tilley said. Pareto's Zahl said it was not immediately clear what domestic acquisition opportunities would be available to DNB in terms of conventional banking growth. He added neither of the recently merged savings banks would have been likely targets. DNB reports its second-quarter results on Friday. ($1 = 10.0629 Norwegian crowns) Sign in to access your portfolio
