Sparebanken Vest Company Profile - Sep 06, 2011 by WrightReports

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Sparebanken Vest is a Norway-based regional bank. The Company is engaged in the provision of financial products and services through its 59 branches located in the regions of Hordaland, Sogn and Fjordane, and in Rogaland. The Bank's activity comprises private households, small and medium-sized enterprises, industrial companies and public authorities. Sparebanken Vest's principal products include savings accounts, loans and payment handling, as well as card services, insurance and investment management. The Company also provides real estate broker activities through its subsidiary Eiendomsmegler Vest AS and housing loan financing through Sparebanken Vest Boligkreditt AS.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Sparebanken Vest
                                                                                     440 Wheelers Farms Road
                                                                                     Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Norwegian Kroner

                                 Wright Quality Rating:DDB0                              Key Data

   Sparebanken Vest is a Norway-based regional bank. The Company is engaged in the       Ticker:
   provision of financial products and services through its 59 branches located in the   SVEG
   regions of Hordaland, Sogn and Fjordane, and in Rogaland. The Bank's activity
   comprises private households, small and medium-sized enterprises, industrial          2010 Sales:
   companies and public authorities. Sparebanken Vest's principal products include
                                                                                         4,688,000,000
   savings accounts, loans and payment handling, as well as card services, insurance
   and investment management. The Company also provides real estate broker
   activities through its subsidiary Eiendomsmegler Vest AS and housing loan financing   Major Industry:
   through Sparebanken Vest Boligkreditt AS.                                             Financial
                         Stock Chart                                 Officers
                                                                    Chairman             Sub Industry:
                                                                   Trygve Bruvik         Commercial Banks

                                                                  Vice Chairman          Country:
                                                              Anne Kverneland Bogsnes    Norway

                                                                Managing Director        Currency:
                                                                  Stein Klakegg          Norwegian Kroner

                                                                                         Fiscal Year Ends:
                                                                                         December

                                                                                         Employees
                                                                                         873

                                                                                         Exchanges:
                                                                                         OSL

              Stock Price (9/2/2011): 38.70                                              Share Type:
                Recent stock performance
                                                                                         Prioritetsaksje
                   1 Week       -0.8%
                   4 Weeks       1.8%
                   13 Weeks     -6.3%                                                    Market Capitalization:
                   52 Weeks    -15.9%                                                    820,106,174
                       Earnings / Dividends (as of 3/31/2011)
                                                                                        Total Shares
                                              Earnings            Dividends
                                                                                        Outst
								
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