Sandnes Sparebank (Rogaland Sparebank) Overview
Pro stress-test →Sandnes Sparebank is an independent savings bank providing a range of banking and investment products to retail and corporate customers in Norway. The company was founded in 1875 and is headquartered in Sandnes, Norway. The bank operates in the Rogaland region of southwestern Norway through three business segments.
Strategic Profile
Pro stress-test →Sandnes Sparebank is a well-established local savings bank operating in south-west Norway and enjoys significant benefits from being a member of the Eika Alliance, a strategic alliance of around 50 local banks in the country. The bank has demonstrated robust lending growth with total loan growth of 9.2% over the trailing twelve months, with retail clients representing 76% of the total loan portfolio.
Competitive Landscape
Pro stress-test →Primary competitors include Spar Nord and other Norwegian regional banks. Sandnes Sparebank competes as a local bank within the Norwegian savings bank sector, primarily in the Rogaland region, while benefiting from Eika Alliance memberships and relationships that provide operational efficiencies and market positioning advantages.
Industry Context
Sandnes Sparebank (Rogaland Sparebank) operates in Regional Banking / Savings Banks.
Key facts
Founded: 1875 · Headquarters: Sandnes, Norway · Employees: 150 · Revenue: $93.3M · Market cap: $311M