Sparebanken Vest (SPIZF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Sparebanken Vest (SPIZF) trades at $19.80. Sparebanken Vest is a Norwegian financial services company offering banking and financing solutions. Market cap: $3.43B, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for SPIZF: SPIZF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SPIZF against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on SPIZF.
How is this calculated? →Sparebanken Vest (SPIZF) Financial Services Profile
Sparebanken Vest is a regional Norwegian bank providing comprehensive financial services, including corporate and retail banking, estate agency, and treasury management. With a history dating back to 1823, the bank operates primarily in the Vestland and Rogaland regions, focusing on local market needs and maintaining a strong community presence.
What Is the Investment Thesis for SPIZF?
Sparebanken Vest presents a stable investment opportunity within the Norwegian regional banking sector. With a P/E ratio of 16.58 and a dividend yield of 4.23%, the bank offers a blend of value and income. Its strong profit margin of 38.3% indicates efficient operations. Growth catalysts include expansion of digital banking services through Bulder Bank and leveraging its established presence in Vestland and Rogaland. Potential risks include increased competition from larger national banks and fintech companies, as well as regulatory changes affecting the banking sector in Norway. The bank's low beta of 0.44 suggests lower volatility compared to the broader market. Investors should monitor the bank's ability to maintain its market share and adapt to technological advancements in the financial industry.
Based on FMP financials and quantitative analysis
SPIZF Key Highlights
Market Cap of $3.43B reflects a substantial valuation for a regional bank, indicating investor confidence.
- P/E Ratio of 16.58 suggests the company is reasonably valued compared to its earnings.
- Profit Margin of 38.3% demonstrates strong profitability and efficient cost management.
- Gross Margin of 100.0% indicates that the company's core banking activities are highly profitable before operating expenses.
- Dividend Yield of 4.23% provides an attractive income stream for investors, supported by the bank's stable earnings.
Who Are SPIZF's Competitors?
SPIZF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AAALY Aareal Bank AG | $34.65 | +0.00% | $2.19B | 58 |
| AZIHY Azimut Holding S.p.A. | $44.48 | +0.00% | $3.08B | 48 |
| BKQNF Bank of Queensland Limited | $3.91 | +0.00% | $2.57B | 60 |
| BOFKF The Bank of Kyoto, Ltd. | $43.50 | +0.00% | $3.23B | 48 |
| CBBYF Virgin Money UK PLC | $2.20 | +0.00% | $3.54B | 48 |
| CVBF CVB Financial Corp. | $22.52 | -0.04% | $3.23B | 97 |
| PFS Provident Financial Services, Inc. | $23.70 | -3.11% | $3.09B | 92 |
| WSBC WesBanco, Inc. | $40.88 | -0.68% | $3.92B | 96 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SPIZF's Key Strengths?
Strong regional presence in Vestland and Rogaland.
- Diversified business model with multiple revenue streams.
- Established brand reputation and customer loyalty.
- Solid financial performance with a high profit margin.
What Are SPIZF's Weaknesses?
Limited geographic diversification.
- Reliance on the Norwegian economy.
- Smaller scale compared to larger national banks.
- Potential vulnerability to fintech disruption.
What Could Drive SPIZF Stock Higher?
SPIZF catalyst: Expansion of digital banking services through Bulder Bank, attracting new customers and increasing market share.
- Increased lending to SMEs in the Vestland and Rogaland regions, supporting local businesses and driving revenue growth.
- Launch of new sustainable finance products, catering to the growing demand for environmentally and socially responsible investments.
- Strategic partnerships with fintech companies to enhance digital capabilities and offer innovative financial solutions.
- Expansion of estate agency activities, capturing a larger share of the real estate market in Vestland and Rogaland.
What Are the Key Risks for SPIZF?
Financial-distress signal — its Altman Z-Score of 0.11 sits in the distress zone (elevated bankruptcy risk).
- Increased competition from larger national banks and fintech companies, potentially eroding market share.
- Regulatory changes affecting the banking sector in Norway, impacting profitability and compliance costs.
- Economic downturn in Norway, leading to decreased lending activity and increased credit risk.
- Cybersecurity risks and data breaches, compromising customer data and damaging the bank's reputation.
- Limited geographic diversification, making the bank vulnerable to regional economic conditions.
What Are the Growth Opportunities for SPIZF?
- Expansion of Digital Banking Services: Sparebanken Vest can leverage its Bulder Bank platform to expand its digital banking offerings, targeting younger and tech-savvy customers. The market for digital banking is growing rapidly, with increasing adoption of mobile banking apps and online financial services. By investing in user-friendly interfaces and innovative features, Sparebanken Vest can attract new customers and increase customer retention. The timeline for this growth opportunity is ongoing, with continuous development and updates to the Bulder Bank platform.
- Increased Lending to SMEs: Sparebanken Vest can focus on increasing its lending activities to small and medium-sized enterprises (SMEs) in the Vestland and Rogaland regions. SMEs are a vital part of the Norwegian economy, and there is a growing demand for financing to support their growth and expansion. By offering tailored loan products and financial advisory services, Sparebanken Vest can strengthen its relationships with local businesses and increase its market share in the SME lending segment. This growth opportunity has an ongoing timeline, with continuous efforts to build relationships with local businesses.
- Development of Sustainable Finance Products: Sparebanken Vest can develop and promote sustainable finance products, such as green loans and ESG-linked financing, to cater to the growing demand for environmentally and socially responsible investments. The market for sustainable finance is expanding rapidly, driven by increasing awareness of climate change and social issues. By offering sustainable finance products, Sparebanken Vest can attract environmentally conscious customers and contribute to a more sustainable economy. The timeline for this growth opportunity is upcoming, with plans to launch new sustainable finance products in the near future.
- Strategic Partnerships with Fintech Companies: Sparebanken Vest can form strategic partnerships with fintech companies to enhance its digital capabilities and offer innovative financial solutions. Fintech companies are disrupting the traditional banking industry with new technologies and business models. By collaborating with fintech companies, Sparebanken Vest can access cutting-edge technologies and offer its customers a wider range of financial services. This growth opportunity has an ongoing timeline, with continuous exploration of potential partnerships with fintech companies.
- Expansion of Estate Agency Activities: Sparebanken Vest can expand its estate agency activities by increasing its market share in the Vestland and Rogaland regions. The real estate market in these regions is growing, driven by population growth and economic development. By offering comprehensive estate agency services, including property valuation, marketing, and sales, Sparebanken Vest can capture a larger share of the real estate market and generate additional revenue. This growth opportunity has an ongoing timeline, with continuous efforts to expand its network of real estate agents and increase its market presence.
What Are SPIZF's Competitive Advantages?
- Strong regional presence in Vestland and Rogaland, Norway.
- Long-standing history and established brand reputation.
- Diversified business model with multiple revenue streams.
- Customer loyalty due to personalized service and community relationships.
What Does SPIZF Do?
Sparebanken Vest, established in 1823 and headquartered in Bergen, Norway, is a financial services provider offering a range of banking and financing solutions. The bank operates through several segments, including Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities. Its services encompass traditional banking products such as loans, deposits, and payment solutions, as well as specialized services like estate agency and home mortgage activities. The bank's primary geographic focus is on the counties of Vestland and Rogaland in Norway, where it serves both individual and corporate clients. As of December 31, 2020, Sparebanken Vest maintained a network of 33 points of sale outlets, emphasizing its commitment to local presence and customer service. The bank's long history and regional focus have allowed it to build strong relationships within the community and establish a stable market position. Sparebanken Vest continues to adapt to the evolving financial landscape by investing in digital solutions and expanding its service offerings to meet the changing needs of its customers.
What Products and Services Does SPIZF Offer?
- Provides banking services to individuals and businesses.
- Offers loans, mortgages, and other credit products.
- Provides deposit accounts and payment solutions.
- Offers estate agency services for buying and selling properties.
- Manages treasury operations for the bank.
- Operates Bulder Bank, a digital banking platform.
How Does SPIZF Make Money?
- Generates revenue from interest income on loans and mortgages.
- Earns fees from banking services, such as account maintenance and payment processing.
- Receives commissions from estate agency activities.
- Manages investments and trading activities through its treasury segment.
What Industry Does SPIZF Operate In?
Sparebanken Vest operates within the Norwegian regional banking sector, which is characterized by a mix of local and national players. The industry is influenced by factors such as interest rate policies, regulatory requirements, and technological advancements. Competition comes from larger national banks like DNB ASA and Nordea, as well as smaller regional banks and fintech companies. The trend towards digitalization is reshaping the industry, with increasing demand for online banking services and mobile payment solutions. Sparebanken Vest's focus on the Vestland and Rogaland regions allows it to cater to local market needs and maintain a competitive edge through personalized service and community relationships.
Who Are SPIZF's Key Customers?
- Individuals seeking personal banking services.
- Small and medium-sized enterprises (SMEs) requiring business financing.
- Large corporations needing corporate banking solutions.
- Customers looking to buy or sell properties through the estate agency segment.
Company Profile
Sparebanken Vest operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Bergen, NO. The company is led by CEO Jan Erik Kjerpeseth. SPIZF has traded publicly since 2012.
How Sparebanken Vest Is Valued
Sparebanken Vest carries a market capitalization of $3.43B, placing it in the mid-cap category.
Key Financial Metrics
Return on equity for Sparebanken Vest stands at 14.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.2%, showing how much profit it generates from its asset base. SPIZF trades at a trailing price-to-earnings ratio of 4.74, below the Financial Services sector average of ~18x. Its free cash flow yield is 24.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.02 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 21.1%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Sparebanken Vest's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.11 places it in the distress zone, a signal of elevated financial risk.
Forward Outlook
Wall Street analysts project Sparebanken Vest revenue of about $13.74B for fiscal 2026, with EPS near $16.35. The estimate reflects 3 contributing analysts.
SPIZF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Sparebanken Vest's growth potential, signaling a strong belief in the company's fundamentals.
- Community sentiment has shifted positively, with discussions highlighting the bank's resilience in the current economic climate.
- Analysts are noting the bank's strong customer base and stable deposit growth, which supports its financial health and future prospects.
- The focus on digital transformation is resonating well with investors, as it positions the bank to capture a younger demographic.
Bear Case
- Concerns about rising interest rates have led to apprehension in the banking sector, with some investors wary of potential impacts on profitability.
- Recent bearish sentiment in forums indicates skepticism about the bank's ability to maintain margins amid increasing competition.
- Some community members are worried about regulatory changes that could affect operational flexibility and profitability in the near term.
- The overall economic uncertainty has led to cautiousness, causing some investors to reconsider their positions in financial stocks like Sparebanken Vest.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SPIZF Latest News
No recent news available for SPIZF.
SPIZF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SPIZF.
Price Targets
Wall Street price target analysis for SPIZF.
SPIZF MoonshotScore
What does this score mean?
The MoonshotScore rates SPIZF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Jan Erik Kjerpeseth
CEO
Jan Erik Kjerpeseth serves as the CEO of Sparebanken Vest, leading the company's strategic direction and operational execution. His career spans several years in the financial services industry, with a focus on banking and leadership roles. He has a strong background in finance and management, bringing a wealth of experience to his current position. His expertise includes strategic planning, financial management, and organizational leadership. He is responsible for overseeing the bank's operations and ensuring its continued growth and success.
Track Record: Under Jan Erik Kjerpeseth's leadership, Sparebanken Vest has focused on expanding its digital banking capabilities and strengthening its regional presence. Key achievements include the growth of Bulder Bank, the bank's digital platform, and the maintenance of a strong financial performance. He has also overseen the implementation of new technologies and initiatives to improve customer service and operational efficiency. His strategic decisions have contributed to the bank's stability and growth in a competitive market.
SPIZF OTC Market Information
The OTC Other tier represents the lowest tier of over-the-counter (OTC) markets, indicating that Sparebanken Vest (SPIZF) may have limited regulatory oversight and reporting requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier often have minimal financial disclosure, making it difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries significant risks due to the lack of transparency and regulatory scrutiny associated with this market tier. This tier is also known as the Expert Market.
- OTC Tier: OTC Other
- Limited financial disclosure increases the risk of investing in SPIZF.
- Low trading volume can lead to price volatility and difficulty in executing trades.
- Lack of regulatory oversight may expose investors to fraudulent activities.
- The company may not meet the listing requirements of major exchanges, indicating potential financial or operational challenges.
- OTC stocks are generally more susceptible to market manipulation.
- Verify the company's registration and legal status.
- Review any available financial statements and disclosures.
- Assess the company's management team and their track record.
- Research the company's industry and competitive landscape.
- Evaluate the company's business model and revenue streams.
- Check for any regulatory actions or legal disputes involving the company.
- Consult with a financial advisor before investing.
- The company has been in operation since 1823, indicating a long history.
- Sparebanken Vest is a financial services company, suggesting it is subject to some regulatory oversight in Norway.
- The company has a market capitalization of $3.43B, implying a certain level of investor interest.
Common Questions About SPIZF (Financial Services)
What does Sparebanken Vest do?
Sparebanken Vest is a regional bank in Norway, primarily serving the Vestland and Rogaland counties. It provides a comprehensive suite of financial services, including retail banking, corporate banking, and estate agency activities. The bank offers traditional banking products such as loans, deposits, and payment solutions, alongside specialized services like mortgage financing and wealth management.
What are the main risks for SPIZF?
The main risks for Sparebanken Vest include increased competition from larger national banks and fintech companies, which could erode its market share. Regulatory changes in the Norwegian banking sector could also impact its profitability and compliance costs. An economic downturn in Norway could lead to decreased lending activity and increased credit risk.
How is Sparebanken Vest adapting to fintech disruption?
Sparebanken Vest is actively adapting to fintech disruption through its Bulder Bank platform, which offers digital banking services to attract tech-savvy customers. The bank is also exploring strategic partnerships with fintech companies to enhance its digital capabilities and offer innovative financial solutions.
What is Sparebanken Vest's credit quality and risk management approach?
Sparebanken Vest's credit quality and risk management approach are essential for maintaining its financial stability and profitability. The bank assesses the creditworthiness of its borrowers through rigorous evaluation processes and monitors its loan portfolio to identify potential risks.
What are the key factors to evaluate for SPIZF?
Evaluate SPIZF on fundamentals, analyst consensus, and risk factors. Sparebanken Vest presents a stable investment opportunity within the Norwegian regional banking sector. Not financial advice.
How frequently does SPIZF data refresh on this page?
SPIZF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SPIZF's recent stock price performance?
Sparebanken Vest (SPIZF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong regional presence in Vestland and Rogaland. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SPIZF overvalued or undervalued right now?
Sparebanken Vest (SPIZF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending, which may provide further insights.
- OTC market data may have limited reliability.