Employees: 165
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NOK 2.49B | NOK 2.56B | NOK 2.55B | NOK 2.19B | NOK 1.46B |
| Revenue growth | — | 0% | +16% | +50% | — |
| Net income | NOK 336M | NOK 379M | NOK 438M | NOK 374M | NOK 356M |
| Free cash flow | NOK 503M | NOK 565M | NOK 681M | NOK 597M | NOK 399M |
| Capital expenditure | NOK 10.0M | NOK 19.0M | NOK 37.0M | NOK 64.0M | NOK 99.0M |
| Total debt | NOK 9.81B | NOK 9.33B | NOK 8.69B | NOK 7.17B | NOK 8.64B |
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.
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.
| Measure | HELG.OL | Peer median | Rank 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 equity | 6.7% | 10.8% | 4th lowest of 17 |
| Price / book | 0.92× | 1.16× | 5th cheapest of 17 |
| Trailing P/E | 14.1× | 11.8× | 6th most expensive of 17 |
| ROE the price implies | 5.6% | 8.2% | 2nd least demanding of 17 |
| ROE delivered | 6.7% | 10.8% | 4th lowest of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| SpareBank 1 Helgeland HELG.OL | Norway | $507M | +4% | -4% | 7% | 0.92× | 5.6% | 6.7% |
| Ponce Financial PDLB | United States | $525M | +22% | +15% | 8% | 1.49× | 9.7% | 8.2% |
| Avidia Bancorp AVBC | United States | $448M | +11% | +5% | 7% | 1.18× | 7.0% | 7.3% |
| Kearny Financial KRNY | United States | $585M | +10% | +1% | 5% | 0.77× | 6.8% | 4.9% |
| Sparebanken More MORG.OL | Norway | $604M | -2% | -15% | 12% | 0.65× | 4.9% | 11.6% |
| SpareBank 1 Ostfold Akershus SOAG.OL | Norway | $609M | -4% | +2% | 12% | 1.14× | 6.2% | 12.1% |
| Greene County Bancorp GCBC | United States | $615M | +51% | +8% | 17% | 2.15× | 12.5% | 16.7% |
| Third Coast Bancshares TCBX | United States | $646M | +1% | +18% | 13% | 0.96× | 7.9% | 12.7% |
| Hingham Institution for Savings HIFS | United States | $647M | +5% | +3% | 13% | 1.26× | 10.6% | 12.6% |
| Timberland Bancorp TSBK | United States | $373M | +17% | +4% | 12% | 1.35× | 7.7% | 11.6% |
| FS Bancorp FSBW | United States | $343M | +6% | +6% | 9% | 1.01× | 8.4% | 9.1% |
| Southern Missouri Bancorp SMBC | United States | $775M | +2% | +3% | 13% | 1.29× | 10.5% | 12.9% |
| TrustCo Bank Corp NY TRST | United States | $947M | +17% | +6% | 10% | 1.50× | 10.7% | 10.0% |
| Capitol Federal Financial CFFN | United States | $1.06B | +7% | +6% | 8% | 1.04× | 8.4% | 8.4% |
| American Savings Bank N.A ASBH | United States | $1.30B | n/a | n/a | n/a | n/a | n/a | n/a |
| Triumph Financial TFIN | United States | $1.46B | -8% | +13% | 5% | 1.57× | 17.5% | 5.3% |
| OceanFirst Financial OCFC | United States | $1.82B | -4% | +31% | 2% | 0.75× | 8.1% | 2.3% |
| Shawbrook SHAW.L | United Kingdom | $1.96B | -12% | +5% | 12% | 0.79× | 8.0% | 12.2% |