About SpareBank 1
SpareBank 1 is a publicly listed company based in Oslo (Norway) founded in 2009. Commercial banking services are provided throughout Norway. The company has 233 employees. SpareBank 1 has completed 3 acquisitions, including Monner, Uni Micro and mCash. Its chief executive, as recorded, is Rune Fjeldstad. Its website sparebank1.no draws about 2.7 million monthly visits. Its focus areas include Banks and Commercial Banks. Its competitors include DNB, Sparebanken Sor and Aurskog Sparebank.
Company details
In 2020, the company recorded annual revenues of 481 M and a net profit of 2 B.
- Headquarters Oslo, Norway
- Employees 233
- Stage Public
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website sparebank1.no/nb/bank.html?baseURI=sparebank1.no&sb1-redir-referrer=
- Social LinkedIn X Facebook
- Legal Name Sparebank 1 Sor-Norge Asa
- Annual Revenue$1.62 B (USD)as on Dec 31, 2025
- Net Profit$273.83 M (USD)-4.79as on Dec 31, 2025
- Latest Funding Round$27.51M (USD), Debt – Conventional
Oct 2019
- Employee Count233
- Investments & AcquisitionsMonner
& 2 more
Funding Insights of SpareBank 1
- Total Rounds 1
- Last Round Debt – Conventional — $27.51M
- First Round $27.51M
(Oct 2019)
All 1 funding rounds of SpareBank 1 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $27.51M | Debt – Conventional | – | – | – |
People of SpareBank 1
77 people are tracked at SpareBank 1 (12 in leadership, 65 in team); the tracked headcount is 233.
| Name | Role | Group |
|---|---|---|
Rune Fjeldstad | CEO & MD | Leadership |
Turid Grotmoll | CEO | Leadership |
Benedicte Schilbred Fasmer | CEO | Leadership |
Inge Reinertsen | Chief Financial Officer | Leadership |
Knut Eilif Halgunset | Head Of Transformation And Strategic Partners | Leadership |
Bente Marstrand Hasle | Head Of Financial Crime | Leadership |
Birthe Brenne Dreier | HR Business Partner | Leadership |
Per Egil Aamo | Ass. Finanssjef / Deputy Head Of Treasury | Leadership |
Cathrine Aunvik | Regnskapssjef / Chief Accounting Officer | Leadership |
Endre Helgesen Skjetne | Head Of Digital Development | Leadership |
Jan Rune Hurlen | General Manager Corporate Division | Leadership |
Heidi Aakre Faradonbeh | HR Partner | Leadership |
Roger Lund Antonesen | EVP, Retail Market | Team |
Johan Petter Winsnes | Konserndirektør Økonomisk Kriminalitet Og Forretningsstøtte | Team |
Line Oddekalv | Kommunikasjonsansvarleg | Team |
Ella Skjørestad | EVP, Customer Services and Marketing | Team |
Jan Friestad | EVP, Corporate Strategy & Projects | Team |
Kjersti Rise | Data Scientist | Team |
Jan-Eilert Nilsen | Leder Bærekraft | Team |
Nina Moi Edvardsen | EVP, People, Sustainability & Communications | Team |
57 more people are available in the full profile.
Complete people profiles for SpareBank 1
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- Team structure
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IPO & Listings of SpareBank 1
SpareBank 1 is a publicly listed company on the OSL with ticker symbol SB1NO in Norway, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 Jan 2012
- Listed onOTCMKTS: SRMGF
- Listed entitySPAREBANK 1 SOR-NORGE ASA
- Exchange sectorFinance
- ISINNO0010631567
- Share price224.00 NOK (-0.44% on the day) · 2026-10-14
- Market capitalisation83,622,148,132.00 NOK
- Price to earnings13.4
- EPS (diluted, trailing year)16.77 NOK
- Dividend yield5.49%
- Volume (last session)1,066
Financials of SpareBank 1
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 31.20B NOK | 6.37B NOK | |
| 2024 | 26.45B NOK | 4.91B NOK | |
| 2023 | 21.02B NOK | 4.30B NOK | |
| 2022 | 11.52B NOK | 3.29B NOK | |
| 2021 | 7.99B NOK | 3.09B NOK |
Detailed financial statements for SpareBank 1
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by SpareBank 1
SpareBank 1 has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Monner, Uni Micro and mCash.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based modular accounting system offered for small and medium businesses. | unimicro.no | Modalen, Norway | 1986 | Nov 2020 | •••• | |
An online platform for business-investor networking and financing is operated. | monner.no | Oslo, Norway | 2017 | May 2019 | $6.85M | |
Affordable, stylish luggage is manufactured for business and leisure. | mca.sh | St Helena, United States | 2006 | Oct 2015 | •••• |
Complete acquisition details for SpareBank 1
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Timeline of SpareBank 1
6 dated milestones of SpareBank 1 across 11 years, from founding to its latest funding, stage changes and deals.
Competitors of SpareBank 1
SpareBank 1 has 3 listed competitors in our database. They include DNB, Sparebanken Sor and Aurskog Sparebank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dnb.no | 1822 | Oslo, Norway | 9,561 | Commercial banking services are provided to individuals and corporations. | ||
| sor.no | 1824 | Kristiansand, Norway | 579 | Commercial banking services are provided in Norway. | ||
| aurskog-sparebank.no | 1846 | Aursmoen, Norway | 61 | Commercial bank |
Detailed competitors of SpareBank 1
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Web traffic of SpareBank 1
The website of SpareBank 1 (sparebank1.no) receives about 2.7M visits a month and ranks #14,443 among all websites worldwide, #938 in Banking Credit and Lending.
- Monthly visits2.7M
▲ 11.2% vs previous month
- Unique visitors667K
per month
- Global rank#14,443
among all websites
- Category rank#938
Finance · Banking Credit and Lending
- Bounce rate26%
- Pages per visit8.8
- Average visit5 min 51 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with SpareBank 1. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dnb.no | 100% | 7.1M | #6,203 | View details | |
nordea.no | nordea.no | 91% | #22,181 | – | |
| storebrand.no | 64% | 760.7K | #32,759 | View details | |
lofavor.no | lofavor.no | 64% | #258,858 | – | |
| sor.no | 64% | 264.1K | #119,707 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SpareBank 1
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Related news about Sparebank 1
Complete news archive for SpareBank 1
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Frequently Asked Questions about SpareBank 1
SpareBank 1 was founded in 2009 and raised its 1st funding round 10 years after it was founded.
SpareBank 1 is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Rune Fjeldstad is the CEO of SpareBank 1, as recorded in our data.
SpareBank 1 has 233 employees.
Annual revenue of SpareBank 1 is $1.62B as on Dec 31, 2025.
In 2020, the company recorded annual revenues of 481 M and a net profit of 2 B.
SpareBank 1's top competitors include DNB, Sparebanken Sor and Aurskog Sparebank.
Yes, SpareBank 1 is publicly traded on OSL under the ticker symbol SB1NO.
The website of SpareBank 1 receives about 2.7 million visits a month and ranks #14,443 among all websites worldwide.