(VIANEWS) – SPAREBANKEN ØST (SPOG.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Financial Services sector.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| SPAREBANKEN ØST (SPOG.OL) | kr57.81 | 9.16% | 10.7% |
| PARETO BANK (PARB.OL) | kr65.60 | 5.92% | 14.2% |
Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. SPAREBANKEN ØST (SPOG.OL)
9.16% Forward Dividend Yield and 10.7% Return On Equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr8.07.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 7.16. Meaning, the purchaser of the share is investing kr7.16 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.7%.
More news about SPAREBANKEN ØST.
2. PARETO BANK (PARB.OL)
5.92% Forward Dividend Yield and 14.2% Return On Equity
Pareto Bank ASA provides various banking products and services in Norway. The company accepts company and private deposits. It also offers corporate financing; real estate and residential development financing for land and building facilities; offshore financing; ship financing; business financing; property financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.86.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 8.35. Meaning, the purchaser of the share is investing kr8.35 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.2%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 10.6% and 5%, respectively.
Sales Growth
PARETO BANK’s sales growth is 11% for the present quarter and 3.1% for the next.
Volume
Today’s last reported volume for PARETO BANK is 13216 which is 64.4% below its average volume of 37125.
More news about PARETO BANK.
