SPAREBANKEN ØST And VOSS VEKSEL OGLAND 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) kr52.40 10.27% 9.08%
VOSS VEKSEL OGLAND (VVL.OL) kr260.00 5.34% 10.95%

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 kr6.35.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.25. Meaning, the purchaser of the share is investing kr8.25 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.8%, now sitting on 910.1M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 15.7% and 24.6%, respectively.

Sales Growth

SPAREBANKEN ØST’s sales growth is 13.8% for the present quarter and 15.3% for the next.

More news about SPAREBANKEN ØST.

2. VOSS VEKSEL OGLAND (VVL.OL)

5.34% Forward Dividend Yield and 10.95% Return On Equity

Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.

Earnings Per Share

As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr28.4.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 9.15. Meaning, the purchaser of the share is investing kr9.15 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 10.95%.

Stock Price Classification

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

More news about VOSS VEKSEL OGLAND.

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