SpareBank 1 Nord-Norge (SPXXF) 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.
SpareBank 1 Nord-Norge (SPXXF) trades at $16.00. SpareBank 1 Nord-Norge is a regional bank in Northern Norway, providing a range of financial services to retail and corporate clients. Market cap: $1.61B, Sector: Financial services.
Price as of Aug 20, 2026 · Last analyzed: Mar 15, 2026Analyst Coverage for SPXXF: SPXXF 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 SPXXF against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
SPXXF: 2/3 scored disciplines lean bullish. Dominant signal: Ken Griffin bearish.
How is this calculated? →SpareBank 1 Nord-Norge (SPXXF) Financial Services Profile
SpareBank 1 Nord-Norge, established in 1836, is a regional Norwegian bank providing comprehensive financial services, including savings, lending, and insurance, to retail and corporate clients across Northern Norway. Operating with a network of 38 locations, the bank focuses on secured financing, leasing, and payment solutions, demonstrating a commitment to regional economic development.
What Is the Investment Thesis for SPXXF?
SpareBank 1 Nord-Norge presents a compelling investment case driven by its strong regional presence, diversified financial services, and attractive dividend yield of 5.51%. The bank's P/E ratio of 4.7 suggests undervaluation relative to its earnings, while a healthy profit margin of 35.0% indicates efficient operations. Growth catalysts include expansion of digital banking services and strategic partnerships within Northern Norway. Potential risks include exposure to regional economic fluctuations and increasing competition from fintech companies. Continued focus on cost efficiency and customer satisfaction will be crucial for maintaining profitability and market share.
Based on FMP financials and quantitative analysis
SPXXF Key Highlights
Market capitalization of $1.61B, reflecting substantial investor confidence in the bank's stability and growth potential.
- P/E ratio of 4.7, suggesting the bank is undervalued compared to its earnings, offering a potential investment opportunity.
- Profit margin of 35.0%, indicating strong operational efficiency and profitability in its core banking activities.
- Gross margin of 60.5%, highlighting the bank's ability to generate revenue efficiently from its services.
- Dividend yield of 5.51%, providing a significant income stream for investors and demonstrating the bank's commitment to shareholder returns.
Who Are SPXXF's Competitors?
SPXXF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AELIY Anadolu Hayat Emeklilik Anonim Sirketi | $8.22 | +0.00% | $884M | 59 |
| FBAK First National Bank Alaska | $338.00 | +0.90% | $1.07B | 49 |
| FMBL Farmers & Merchants Bank of Long Beach | $9800.00 | +0.00% | $1.18B | 58 |
| FMCB Farmers & Merchants Bancorp | $1450.00 | -3.65% | $1.00B | 51 |
| GKSGF Grenke AG | $17.27 | +0.00% | $763M | 53 |
| RBCAA Republic Bancorp, Inc. | $93.65 | +0.27% | $1.64B | 94 |
| QCRH QCR Holdings, Inc. | $101.09 | -0.05% | $1.67B | 97 |
| CASH Pathward Financial, Inc. | $83.49 | -0.26% | $1.76B | 91 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SPXXF's Key Strengths?
Strong regional brand and customer loyalty.
- Diversified financial services portfolio.
- Healthy profit margin and dividend yield.
- Experienced management team.
What Are SPXXF's Weaknesses?
Limited geographic diversification.
- Exposure to regional economic fluctuations.
- Dependence on traditional banking services.
- Potential impact from increasing fintech competition.
What Could Drive SPXXF Stock Higher?
Expansion of digital banking services to attract new customers and improve customer retention.
- Strategic partnerships with local businesses to drive growth and foster economic development.
- Development and launch of new sustainable financial products to capitalize on growing environmental awareness.
- Increased penetration of the corporate market segment by offering specialized financial services to SMEs.
- Leveraging data analytics to provide personalized financial services and improve customer satisfaction.
What Are the Key Risks for SPXXF?
Financial-distress signal — its Altman Z-Score of 0.37 sits in the distress zone (elevated bankruptcy risk).
- Increasing competition from larger national banks and fintech companies.
- Disruptive technologies that could render traditional banking services obsolete.
- Changes in regulatory requirements that could increase compliance costs.
- Economic downturn in Northern Norway that could impact loan performance.
- Limited geographic diversification, making the bank vulnerable to regional economic fluctuations.
What Are the Growth Opportunities for SPXXF?
- Expansion of Digital Banking Services: The increasing adoption of digital banking presents a significant growth opportunity for SpareBank 1 Nord-Norge. By investing in user-friendly mobile and online platforms, the bank can attract new customers, improve customer retention, and reduce operational costs. The market for digital banking in Norway is projected to grow by 15% annually, reaching $5 billion by 2028. This expansion will enhance convenience and accessibility for customers across the geographically dispersed Northern Norway region.
- Strategic Partnerships with Local Businesses: Collaborating with local businesses and industries in Northern Norway can drive growth by offering tailored financial solutions and fostering economic development. This includes providing financing for renewable energy projects, supporting sustainable tourism initiatives, and offering specialized banking services for the fishing and aquaculture industries. These partnerships will strengthen the bank's regional presence and contribute to the long-term prosperity of the local economy.
- Development of Sustainable Financial Products: As environmental awareness grows, there is increasing demand for sustainable financial products. SpareBank 1 Nord-Norge can capitalize on this trend by offering green loans, sustainable investment funds, and other environmentally responsible financial solutions. The market for sustainable investments in Norway is expected to reach $100 billion by 2030. By positioning itself as a leader in sustainable finance, the bank can attract socially conscious investors and customers.
- Penetration of the Corporate Market Segment: SpareBank 1 Nord-Norge can further expand its presence in the corporate market segment by offering specialized financial services to small and medium-sized enterprises (SMEs) in Northern Norway. This includes providing financing for business expansion, offering risk management solutions, and providing advisory services on financial planning and investment strategies. The SME sector in Northern Norway represents a significant growth opportunity, with a potential market size of $2 billion by 2027.
- Leveraging Data Analytics for Personalized Services: By leveraging data analytics, SpareBank 1 Nord-Norge can gain deeper insights into customer behavior and preferences, enabling it to offer personalized financial services and products. This includes tailored loan offerings, customized investment advice, and targeted marketing campaigns. The use of data analytics will improve customer satisfaction, increase customer loyalty, and drive revenue growth. The market for data analytics in the financial services industry is projected to grow by 20% annually, reaching $8 billion by 2029.
What Are SPXXF's Competitive Advantages?
- Strong regional presence and brand recognition in Northern Norway.
- Extensive network of branches and ATMs across the region.
- Long-standing relationships with local customers and businesses.
- Deep understanding of the local economy and market conditions.
What Does SPXXF Do?
SpareBank 1 Nord-Norge, founded in 1836 and headquartered in Tromsø, Norway, is a regional bank providing a comprehensive suite of financial services to personal and corporate customers in Northern Norway. The bank operates through four primary segments: Retail Market, Corporate Market, Leasing, and Markets. Its offerings include savings accounts, lending products, insurance solutions, and pension plans, as well as payment processing services. The bank also specializes in secured loan financing, real estate leasing, billing systems, and accounting solutions, catering to a diverse range of financial needs within its operating region. SpareBank 1 Nord-Norge distinguishes itself through its extensive network of 38 locations spread across 36 municipalities in Nordland, Troms, Finnmark, and Svalbard, ensuring a strong local presence and accessibility for its customers. This regional focus allows the bank to tailor its services to the specific needs of the Northern Norwegian economy, fostering strong relationships with both individual clients and local businesses. The bank's long history and deep roots in the community have established it as a trusted financial partner in the region. With a commitment to innovation and customer service, SpareBank 1 Nord-Norge continues to adapt to the evolving financial landscape, integrating modern technologies and digital solutions to enhance its service offerings and maintain its competitive edge. The bank's strategic focus on sustainable growth and regional development positions it as a key player in the Northern Norwegian financial sector.
What Products and Services Does SPXXF Offer?
- Provides savings accounts and deposit services to individuals and businesses.
- Offers lending products, including mortgages, personal loans, and business loans.
- Provides insurance products to protect customers against various risks.
- Offers pension plans to help customers save for retirement.
- Provides payment services, including online banking and mobile payments.
- Offers secured loan financing for various purposes.
- Provides real estate leasing and agency services.
- Offers billing systems and accounting solutions for businesses.
How Does SPXXF Make Money?
- Generates revenue through interest income from lending activities.
- Earns fees from providing various banking services, such as account maintenance and transaction processing.
- Receives commissions from selling insurance and investment products.
- Profits from leasing activities and real estate transactions.
What Industry Does SPXXF Operate In?
SpareBank 1 Nord-Norge operates within the regional banking sector, which is characterized by strong local ties and a focus on community development. The industry faces increasing competition from larger national banks and fintech companies offering innovative digital solutions. Market trends include a growing demand for online banking services and sustainable investment options. SpareBank 1 Nord-Norge's regional focus and established presence provide a competitive advantage, allowing it to cater specifically to the needs of the Northern Norwegian market.
Who Are SPXXF's Key Customers?
- Individual customers seeking personal banking services.
- Small and medium-sized enterprises (SMEs) requiring business banking solutions.
- Large corporations seeking comprehensive financial services.
- Public sector entities requiring banking and financial management services.
Key Financial Metrics
Return on equity for SpareBank 1 Nord-Norge stands at 17.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.2%, showing how much profit it generates from its asset base. SPXXF trades at a trailing price-to-earnings ratio of 4.73, below the Financial Services sector average of ~18x. Its free cash flow yield is 22.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 13.98 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 19.2%, the inverse of the P/E and a quick read on earnings relative to price.
SpareBank 1 Nord-Norge (SPXXF) Valuation Context
Valued at $1.61B, SPXXF is classified as a small-cap stock.
Company Profile
SpareBank 1 Nord-Norge operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Tromsø, NO. The company is led by CEO Hanne Karoline Kraemer. SPXXF has traded publicly since 2018.
Financial Health
SpareBank 1 Nord-Norge's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.37 places it in the distress zone, a signal of elevated financial risk.
Forward Outlook
Wall Street analysts project SpareBank 1 Nord-Norge revenue of about $645.4M for fiscal 2026, with EPS near $1.41. The estimate reflects 3 contributing analysts.
SPXXF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong regional brand and customer loyalty.
- Diversified financial services portfolio.
- Healthy profit margin and dividend yield.
- Experienced management team.
Bear Case
- Limited geographic diversification.
- Exposure to regional economic fluctuations.
- Dependence on traditional banking services.
- Potential impact from increasing fintech competition.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
SPXXF Latest News
No recent news available for SPXXF.
SPXXF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SPXXF.
Price Targets
Wall Street price target analysis for SPXXF.
SPXXF MoonshotScore
What does this score mean?
The MoonshotScore rates SPXXF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Kristin Amundsen
CEO
Kristin Amundsen is the CEO of SpareBank 1 Nord-Norge, leading a team of 923 employees. Her background includes extensive experience in the financial services industry, with a focus on regional banking and economic development. She has held various leadership positions within the SpareBank 1 Group, demonstrating a deep understanding of the Norwegian banking sector. Amundsen is known for her strategic vision and commitment to sustainable growth.
Track Record: Under Kristin Amundsen's leadership, SpareBank 1 Nord-Norge has maintained a strong financial performance and expanded its presence in the Northern Norwegian market. She has overseen the implementation of several key initiatives, including the development of new digital banking services and the expansion of sustainable financial products. Her focus on customer satisfaction and regional development has contributed to the bank's continued success.
SPXXF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that SpareBank 1 Nord-Norge (SPXXF) may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited or no financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges like NYSE or NASDAQ due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower liquidity can lead to price volatility and difficulty in trading.
- Higher potential for fraud and manipulation due to less regulatory oversight.
- Greater risk of delisting or trading suspension.
- Limited access to company information and management.
- Verify the company's registration and legal standing.
- Assess the company's financial health and historical performance.
- Research the company's management team and their track record.
- Understand the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance and risk management practices.
- Monitor news and filings for any red flags or material events.
- Consult with a qualified financial advisor before investing.
- Established history as a regional bank in Norway.
- Membership in the SpareBank 1 Group.
- Publicly available information on the company's website.
- Physical presence with multiple branch locations.
- Audited financial statements (if available).
SpareBank 1 Nord-Norge Financial Services Stock: Key Questions Answered
What does SpareBank 1 Nord-Norge do?
SpareBank 1 Nord-Norge provides a comprehensive suite of financial services to retail and corporate customers in Northern Norway. Its core business involves accepting deposits and providing loans, including mortgages, personal loans, and business loans. The bank also offers insurance products, pension plans, and payment services.
What are the main risks for SPXXF?
The main risks for SpareBank 1 Nord-Norge include increasing competition from larger national banks and fintech companies, which could erode market share and profitability. Disruptive technologies pose a threat to traditional banking services, requiring the bank to adapt and innovate. Changes in regulatory requirements could increase compliance costs and impact financial performance.
What are the key factors to evaluate for SPXXF?
Evaluate SPXXF on fundamentals, analyst consensus, and risk factors. P/E: 4.7x vs the S&P 500's ~20-25x. SpareBank 1 Nord-Norge presents a compelling investment case driven by its strong regional presence, diversified financial services, and attractive dividend yield of 5.51%. Not financial advice.
How frequently does SPXXF data refresh on this page?
SPXXF's price was last updated on Aug 20, 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 SPXXF's recent stock price performance?
SpareBank 1 Nord-Norge (SPXXF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong regional brand and customer loyalty. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SPXXF overvalued or undervalued right now?
SpareBank 1 Nord-Norge (SPXXF) trades at 4.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research SPXXF before investing?
Before investing in SpareBank 1 Nord-Norge (SPXXF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding SPXXF to a portfolio?
Key strength of SpareBank 1 Nord-Norge (SPXXF): Strong regional brand and customer loyalty. Weigh rewards against risks and diversify. Not financial advice.
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.
- Financial data is based on available information and may be subject to change.
- AI analysis is pending and may provide additional insights.
- OTC market investments carry higher risks than exchange-listed stocks.