SpareBank 1 Østlandet (SPOL) - Net Assets

Latest as of December 2025: Nkr27.84 Billion NOK ≈ $2.93 Billion USD

Based on the latest financial reports, SpareBank 1 Østlandet (SPOL) has net assets worth Nkr27.84 Billion NOK (≈ $2.93 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr214.73 Billion ≈ $22.60 Billion USD) and total liabilities (Nkr186.90 Billion ≈ $19.67 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of SpareBank 1 Østlandet to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr27.84 Billion
% of Total Assets	12.96%
Annual Growth Rate	12.49%
5-Year Change	48.81%
10-Year Change	129.92%
Growth Volatility	10.11

SpareBank 1 Østlandet - Net Assets Trend (2014–2025)

This chart illustrates how SpareBank 1 Østlandet's net assets have evolved over time, based on quarterly financial data. See SPOL days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for SpareBank 1 Østlandet (2014–2025)

The table below shows the annual net assets of SpareBank 1 Østlandet from 2014 to 2025. For live valuation and market cap data, see market value of SpareBank 1 Østlandet.

Year	Net Assets	Change
2025-12-31	Nkr27.84 Billion ≈ $2.93 Billion	+6.19%
2024-12-31	Nkr26.21 Billion ≈ $2.76 Billion	+26.89%
2023-12-31	Nkr20.66 Billion ≈ $2.17 Billion	+3.67%
2022-12-31	Nkr19.93 Billion ≈ $2.10 Billion	+6.52%
2021-12-31	Nkr18.71 Billion ≈ $1.97 Billion	+9.17%
2020-12-31	Nkr17.14 Billion ≈ $1.80 Billion	+7.75%
2019-12-31	Nkr15.90 Billion ≈ $1.67 Billion	+7.73%
2018-12-31	Nkr14.76 Billion ≈ $1.55 Billion	+10.73%
2017-12-31	Nkr13.33 Billion ≈ $1.40 Billion	+10.11%
2016-12-31	Nkr12.11 Billion ≈ $1.27 Billion	+38.89%
2015-12-31	Nkr8.72 Billion ≈ $917.28 Million	+14.34%
2014-12-31	Nkr7.62 Billion ≈ $802.26 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SpareBank 1 Østlandet's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	Nkr27.54 Billion	100.00%
Total Equity	Nkr27.54 Billion	100.00%

SpareBank 1 Østlandet Competitors by Market Cap

The table below lists competitors of SpareBank 1 Østlandet ranked by their market capitalization.

Company	Market Cap
Lagardere SCA PA:MMB	$2.69 Billion
Motherson Sumi Wiring India Limited NSE:MSUMI	$2.70 Billion
China Petroleum Engineering Corp SHG:600339	$2.70 Billion
Yankey Engineering Co Ltd TW:6691	$2.70 Billion
CCC S.A. WAR:CCC	$2.69 Billion
ArcBest Corp NASDAQ:ARCB	$2.69 Billion
Vidrala SA MC:VID	$2.69 Billion
Boyd Group Services Inc. NYSE:BGSI	$2.69 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SpareBank 1 Østlandet's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 25,920,000,000 to 27,542,000,000, a change of 1,622,000,000 (6.3%).
Net income of 3,516,000,000 contributed positively to equity growth.
Dividend payments of 1,899,000,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Nkr3.52 Billion	+12.77%
Dividends Paid	Nkr1.90 Billion	-6.89%
Other Changes	Nkr5.00 Million	+0.02%
Total Change	Nkr-	6.26%

Book Value vs Market Value Analysis

This analysis compares SpareBank 1 Østlandet's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.93x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 2.63x to 0.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	Nkr71.56	Nkr188.52	x
2015-12-31	Nkr81.82	Nkr188.52	x
2016-12-31	Nkr113.20	Nkr188.52	x
2017-12-31	Nkr123.41	Nkr188.52	x
2018-12-31	Nkr127.12	Nkr188.52	x
2019-12-31	Nkr136.30	Nkr188.52	x
2020-12-31	Nkr146.96	Nkr188.52	x
2021-12-31	Nkr160.49	Nkr188.52	x
2022-12-31	Nkr169.56	Nkr188.52	x
2023-12-31	Nkr176.09	Nkr188.52	x
2024-12-31	Nkr190.78	Nkr188.52	x
2025-12-31	Nkr202.84	Nkr188.52	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SpareBank 1 Østlandet utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 12.77%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 48.78%
• Asset Turnover: 0.03x
• Equity Multiplier: 7.80x
Recent ROE (12.77%) is above the historical average (11.00%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	13.61%	45.55%	0.05x	6.55x	Nkr275.60 Million
2015	10.67%	40.97%	0.04x	6.42x	Nkr58.30 Million
2016	9.95%	37.80%	0.03x	8.39x	Nkr-6.00 Million
2017	9.47%	35.96%	0.03x	8.16x	Nkr-69.90 Million
2018	9.61%	38.59%	0.03x	8.42x	Nkr-56.90 Million
2019	12.19%	44.85%	0.03x	8.54x	Nkr345.20 Million
2020	9.41%	42.52%	0.03x	8.58x	Nkr-100.20 Million
2021	10.83%	50.54%	0.03x	8.36x	Nkr154.00 Million
2022	9.81%	45.25%	0.02x	8.68x	Nkr-37.00 Million
2023	10.88%	41.27%	0.03x	8.65x	Nkr178.90 Million
2024	12.83%	52.37%	0.03x	8.12x	Nkr734.00 Million
2025	12.77%	48.78%	0.03x	7.80x	Nkr761.80 Million

Industry Comparison

This section compares SpareBank 1 Østlandet's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $8,872,444,600
Average return on equity (ROE) among peers: -23.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SpareBank 1 Østlandet (SPOL)	Nkr27.84 Billion	13.61%	6.71x	$2.69 Billion
Aasen Sparebank (AASB)	$742.44 Million	10.28%	7.35x	$24.75 Million
Aurskog Sparebank (AURG)	$233.86 Million	10.32%	10.93x	$124.99 Million
Bien Sparebank ASA (BIEN)	$694.19 Million	8.04%	6.36x	$98.62 Million
DnB ASA (DNB)	$81.28 Billion	11.33%	21.54x	$43.84 Billion
Grong Sparebank (GRONG)	$580.78 Million	7.93%	9.14x	$79.42 Million
Helgeland Sparebank (HELG)	$1.56 Billion	6.34%	10.77x	$445.47 Million
Holand og Setskog Sparebank (HSPG)	$343.85 Million	7.89%	12.53x	$10.64 Million
Instabank ASA (INSTA)	$483.73 Million	5.39%	6.06x	$187.70 Million
Jaeren Sparebank (JAREN)	$2.81 Billion	10.94%	6.46x	$177.00 Million
Kraft Bank Asa (KRAB)	$1.31 Million	-314.77%	0.33x	$57.64 Million

About SpareBank 1 Østlandet

OL:SPOL Norway Banks - Regional

Market Cap

$2.69 Billion

Nkr25.60 Billion NOK

Market Cap Rank

#5359 Global

#33 in Norway

Share Price

Nkr188.52

Change (1 day)

-0.76%

52-Week Range

Nkr175.50 - Nkr214.50

All Time High

Nkr214.50