SPAREBANKEN ØST, SPBK1 RINGERIKE, Another 1 Companies Have A High Dividend Yield And Return On Equity In The Financial Services Sector.

(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) kr52.00 10.27% 9.08%
SPBK1 RINGERIKE (RING.OL) kr280.00 6.54% 10.18%
SCOR SE (SCR.PA) €32.07 6.06% 11.47%

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)

10.27% Forward Dividend Yield and 9.08% 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 kr7.08.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 7.34. Meaning, the purchaser of the share is investing kr7.34 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 9.08%.

More news about SPAREBANKEN ØST.

2. SPBK1 RINGERIKE (RING.OL)

6.54% Forward Dividend Yield and 10.18% Return On Equity

SpareBank 1 Ringerike Hadeland, a regional savings bank, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products. In addition, the company offers debit and credit cards, as well as mobile and online banking services. Further, it provides real estate brokerage services; and accounting, payroll, and counselling services. The company offers its services through its digital platforms and customer centers. SpareBank 1 Ringerike Hadeland was founded in 1833 and is headquartered in Hønefoss, Norway.

Earnings Per Share

As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr28.68.

PE Ratio

SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 9.76. Meaning, the purchaser of the share is investing kr9.76 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 10.18%.

Moving Average

SPBK1 RINGERIKE’s worth is below its 50-day moving average of kr298.40 and under its 200-day moving average of kr304.60.

Sales Growth

SPBK1 RINGERIKE’s sales growth is 22.5% for the current quarter and 16.1% for the next.

Volume

Today’s last reported volume for SPBK1 RINGERIKE is 14 which is 98.98% below its average volume of 1373.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.2%, now sitting on 1.07B for the twelve trailing months.

More news about SPBK1 RINGERIKE.

3. SCOR SE (SCR.PA)

6.06% Forward Dividend Yield and 11.47% Return On Equity

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships. The SCOR L&H segment provides life reinsurance products, such as protection for mortality, morbidity, behavioral risks, disability, long-term care, critical illness, medical, and personal accident. This segment also provides financial solutions that combine traditional life reinsurance with financial components and provide liquidity, balance sheet, solvency, and income improvements to clients; longevity solutions that include products covering the risk of negative deviation from expected results due to the insured or annuitant living longer than assumed in the pricing of insurance covers provided by insurers or pension funds; and distribution solutions. In addition, it is involved in the asset management business. SCOR SE was founded in 1970 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, SCOR SE has a trailing twelve months EPS of €4.45.

PE Ratio

SCOR SE has a trailing twelve months price to earnings ratio of 7.21. Meaning, the purchaser of the share is investing €7.21 for every euro 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 11.47%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCOR SE’s stock is considered to be oversold (<=20).

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 40.5% and a negative 16.8%, respectively.

More news about SCOR SE.

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