112.70
+0.12%
Close of 9 Nov 2026, in NOK
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Sparebanken More
Its shares trade on Oslo Børs under the ticker MORG.OL. It has been listed since 12 June 1989. In the fiscal year to 31 December 2024, it reported revenue before interest expense of NOK 6.62bn and net income of NOK 533.2m. At that date it held total assets of NOK 102.33bn and shareholders' equity of NOK 9.03bn.
Sparebanken Møre engages in the provision of banking and financial services. The company is headquartered in Alesund, More Og Romsdal. The Bank is a provider of financial products and services within the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Its product and service offering includes loans, cards, payment services, savings accounts, pension funds, life and non-life insurance, investment services, investment advice and online banking. Sparebanken More consists of the parent bank and three wholly owned subsidiaries: More Boligkreditt AS, More Eiendomsmegling AS and Sparebankeiendom AS.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 12 Jun 1989
- Employees
- 390
- Website
- sbm.no ↗
Leadership
Pay as last reported
- Mr. Roy ReiteChairman of the Board, since 2004NOK 166,000
- Mr. Trond NydalChief Executive Officer, Managing Director, since 2017NOK 2.8m
- Mr. Kare VassdalDeputy Chairman of the Board, since 2020NOK 191,000
- Mr. John WinsnesChief Financial OfficerNOK 325,000
- Mr. Erik RokkeExecutive Vice President, Head of Risk Management and Compliance Division, since 2017NOK 1.3m
- Ms. Elisabeth BlomvikExecutive Vice President, Head of Retail Market DivisionNOK 1.5m
- Mr. Kjetil HaugeExecutive Vice President, Head of Organization Development, since 2017NOK 1.3m
- Mr. Terje KrovelExecutive Vice President, Head of Corporate Market Division, since 2017NOK 1.7m
- Ms. Perdy LundeExecutive Vice President, Head of Business Support Division, since 2017NOK 1.6m
- Ms. Tone Skotheim GjerdsbakkHead of Communications and head of the Communication and Corporate Support section, since 2017NOK 1.3m
- Mr. Arild SulebakkHead of the Customer Experience sectionNOK 1.3m
- Ms. Jill AasenDirectorNOK 224,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Sparebanken Møre provides comprehensive banking services including loans, cards, and online banking.
- The bank employs 390 full-time staff, ensuring robust service delivery across Norway.
- Three subsidiaries support diverse financial services in real estate and insurance sectors.
Weaknesses
- Headquartered in Alesund, a smaller city, potentially limiting market reach.
- Listed since 1989, may face challenges in adapting to modern digital banking trends.
- Limited to Norwegian operations without international expansion mentioned.
Opportunities
- Expanding online banking services to attract younger, tech-savvy customers.
- Growing demand for sustainable finance products in the Norwegian market.
- Increasing partnerships with local businesses in More Og Romsdal region.
Threats
- Rising competition from larger Norwegian banks in urban centers.
- Economic downturns affecting loan demand and deposit growth.
- Regulatory changes in the Norwegian financial sector impacting operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.