MELG.OL
Price:
$194.98
Market Cap:
$541.30M
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Mel...[Read more]
Industry
Banks - Regional
IPO Date
2000-01-06
Stock Exchange
OSL
Ticker
MELG.OL
According to Melhus Sparebank’s latest financial reports and current stock price. The company's current ROE is 9.46%. This represents a change of 300.68% compared to the average of 2.36% of the last 4 quarters.
The mean historical ROE of Melhus Sparebank over the last ten years is 8.85%. The current 9.46% ROE has changed 6.96% with respect to the historical average. Over the past ten years (40 quarters), MELG.OL's ROE was at its highest in in the June 2023 quarter at 4.62%. The ROE was at its lowest in in the December 2023 quarter at 0.49%.
Average
8.85%
Median
8.64%
Minimum
7.73%
Maximum
11.39%
Discovering the peaks and valleys of Melhus Sparebank ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 39.55%
Maximum Annual ROE = 11.39%
Minimum Annual Increase = -35.23%
Minimum Annual ROE = 7.73%
| Year | ROE | Change |
|---|---|---|
| 2024 | 8.93% | -9.78% |
| 2023 | 9.89% | 27.92% |
| 2022 | 7.73% | -11.61% |
| 2021 | 8.75% | 10.93% |
| 2020 | 7.89% | -10.91% |
| 2019 | 8.85% | 6.11% |
| 2018 | 8.34% | -2.26% |
| 2017 | 8.54% | -25.03% |
| 2016 | 11.39% | 39.55% |
| 2015 | 8.16% | -35.23% |
The current ROE of Melhus Sparebank (MELG.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.85%
5-year avg
8.64%
10-year avg
8.85%
Melhus Sparebank’s ROE is less than Trøndelag Sparebank (6.71%), less than Haugesund Sparebank (8.91%), less than Aasen Sparebank (4.65%), less than Skue Sparebank (12.28%), less than Sogn Sparebank (9.07%), less than Voss Veksel- og Landmandsbank ASA (12.13%), less than Flekkefjord Sparebank (8.71%), less than Høland og Setskog Sparebank (5.16%), greater than Aker Horizons ASA (-167.08%), less than Aurskog Sparebank (10.44%),
| Company | ROE | Market cap |
|---|---|---|
| 6.71% | $546.55M | |
| 8.91% | $361.12M | |
| 4.65% | $249.09M | |
| 12.28% | $743.20M | |
| 9.07% | $179.63M | |
| 12.13% | $837.41M | |
| 8.71% | $186.56M | |
| 5.16% | $114.77M | |
| -167.08% | $312.38M | |
| 10.44% | $1.19B |
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What is the 3-year average ROE for Melhus Sparebank (MELG.OL)?
What is the 5-year average ROE for Melhus Sparebank (MELG.OL)?
How does the current ROE for Melhus Sparebank (MELG.OL) compare to its historical average?