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← CockpitCompetitor Analysis › HELG.OL SpareBank 1 HelgelandOpen in the cockpit ↗

SpareBank 1 HelgelandHELG.OLCompetitor analysis, valuation and peers

Norway · NOK·Financials›Savings Banks
Momentum strong 75
Mkt cap
$507M
US dollars, full cap
Free float
63%
of shares outstanding
$/day
$64,890
20-day average traded
P/B
0.92×
price to book
ROE
6.7%
delivered
Implied ROE
5.6%
what the price asks
Next earnings
98 days
12 Feb 2027
Close · NOKNOK 174.90
1D-1.8%
1W+2.9%
1M+1.7%
3M+10.4%
6M+4.3%
YTD-4.4%
1Y-1.1%
ATR %2.2%
52w lowhigh6.0% off high

What SpareBank 1 Helgeland does

Employees: 165

SpareBank 1 Helgeland at a glance

Size SpareBank 1 Helgeland (HELG.OL) is a Norway Financials company (Savings Banks) with a market value of $507M, the 91st largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 174.90 on 6 Nov 2026.

Performance Over six months the shares gained 4.3%, against +5.6% for the median peer and +2.7% for the Norway market (cap-weighted) — 8th lowest of 17 in its peer set.

Growth Revenue fell 4.0% over the last twelve months (peer median +5.6%); the operating margin is 45.4% (peer median 41.9%).

Valuation It trades at 0.92× book value against a peer median of 1.16× (5th cheapest of 17).

Price implies The share price implies a return on equity of about 5.6%; SpareBank 1 Helgeland delivers 6.7%, so the price asks less than the business earns today.

Next results Next results expected around 12 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 109HELG.OL 105
Six months, rebased to 100: SpareBank 1 Helgeland against the median of its 17 peers (local-currency closes).

SpareBank 1 Helgeland financials

Reported figures in NOK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNOK 2.49BNOK 2.56BNOK 2.55BNOK 2.19BNOK 1.46B
Revenue growth—0%+16%+50%—
Net incomeNOK 336MNOK 379MNOK 438MNOK 374MNOK 356M
Free cash flowNOK 503MNOK 565MNOK 681MNOK 597MNOK 399M
Capital expenditureNOK 10.0MNOK 19.0MNOK 37.0MNOK 64.0MNOK 99.0M
Total debtNOK 9.81BNOK 9.33BNOK 8.69BNOK 7.17BNOK 8.64B

Quarterly statements and history in the cockpit →

SpareBank 1 Helgeland competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%0%+10%PDLBAVBCKRNYMORGSOAGGCBCTCBXHIFSTSBKFSBWSMBCTRSTCFFNTFINOCFCSHAWHELG.OL6-month return →1-month return →
Up and to the right = strong over both horizons. SpareBank 1 Helgeland is the large dot.

Fundamentals: return on equity against price-to-book

5%10%15%10×1.50×20×PDLBAVBCKRNYMORGSOAGGCBCTCBXHIFSTSBKFSBWTRSTCFFNTFINOCFCSHAWHELG.OLReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. SpareBank 1 Helgeland is the large dot.

Capital: ROE delivered against the ROE the price implies

5%10%15%5%10%15%PDLBAVBCKRNYMORGSOAGGCBCTCBXHIFSFSBWSMBCTRSTTFINOCFCHELG.OLROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. SpareBank 1 Helgeland is the large dot.

SpareBank 1 Helgeland competitors and peer comparison

How SpareBank 1 Helgeland compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

SpareBank 1 Helgeland against its 17 peers (data as of 6 Nov 2026)
MeasureHELG.OLPeer medianRank in peer set
1-month return+1.7%+1.8%9th lowest of 18
6-month return+4.3%+5.6%8th lowest of 17
Return on equity6.7%10.8%4th lowest of 17
Price / book0.92×1.16×5th cheapest of 17
Trailing P/E14.1×11.8×6th most expensive of 17
ROE the price implies5.6%8.2%2nd least demanding of 17
ROE delivered6.7%10.8%4th lowest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
SpareBank 1 Helgeland HELG.OLNorway$507M+4%-4%7%0.92×5.6%6.7%
Ponce Financial PDLBUnited States$525M+22%+15%8%1.49×9.7%8.2%
Avidia Bancorp AVBCUnited States$448M+11%+5%7%1.18×7.0%7.3%
Kearny Financial KRNYUnited States$585M+10%+1%5%0.77×6.8%4.9%
Sparebanken More MORG.OLNorway$604M-2%-15%12%0.65×4.9%11.6%
SpareBank 1 Ostfold Akershus SOAG.OLNorway$609M-4%+2%12%1.14×6.2%12.1%
Greene County Bancorp GCBCUnited States$615M+51%+8%17%2.15×12.5%16.7%
Third Coast Bancshares TCBXUnited States$646M+1%+18%13%0.96×7.9%12.7%
Hingham Institution for Savings HIFSUnited States$647M+5%+3%13%1.26×10.6%12.6%
Timberland Bancorp TSBKUnited States$373M+17%+4%12%1.35×7.7%11.6%
FS Bancorp FSBWUnited States$343M+6%+6%9%1.01×8.4%9.1%
Southern Missouri Bancorp SMBCUnited States$775M+2%+3%13%1.29×10.5%12.9%
TrustCo Bank Corp NY TRSTUnited States$947M+17%+6%10%1.50×10.7%10.0%
Capitol Federal Financial CFFNUnited States$1.06B+7%+6%8%1.04×8.4%8.4%
American Savings Bank N.A ASBHUnited States$1.30Bn/an/an/an/an/an/a
Triumph Financial TFINUnited States$1.46B-8%+13%5%1.57×17.5%5.3%
OceanFirst Financial OCFCUnited States$1.82B-4%+31%2%0.75×8.1%2.3%
Shawbrook SHAW.LUnited Kingdom$1.96B-12%+5%12%0.79×8.0%12.2%

Questions

Which companies are SpareBank 1 Helgeland's closest peers?
The cockpit's peer set: Ponce Financial (PDLB), Avidia Bancorp (AVBC), Kearny Financial (KRNY), Sparebanken More (MORG.OL), SpareBank 1 Ostfold Akershus (SOAG.OL), Greene County Bancorp (GCBC), Third Coast Bancshares (TCBX), Hingham Institution for Savings (HIFS).
Is SpareBank 1 Helgeland expensive compared with its peers?
On price / book it trades at 0.92× against a peer median of 1.16×, 5th cheapest of 17 in its peer set. The share price implies a return on equity of about 5.6%; SpareBank 1 Helgeland delivers 6.7%, so the price asks less than the business earns today.
How has SpareBank 1 Helgeland stock performed?
Over six months to 6 Nov 2026 the shares returned +4.3% against +5.6% for the median peer; over one year -1.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.