Ella Skjorestad - SpareBank President

B4M1 Stock  EUR 12.18  0.10  0.83%   

President

Ms. Ella Skjorestad was Executive Vice President, Customer Services and Marketing at SPAREBANK 1 SRBANK ASA since February 2018. She holds a masters degree in Comparative Politics from the University of Bergen . She has previously worked for Storebrand within PC insurance and as head of digital sales at Storebrand Direkte. She joined SpareBank 1 SR Bank in June 2010 as head of marketing in the retail banking market. Since then she has held positions such as marketing director and director of customer services PM. Skjorestad is board member in BN Bank ASA. since 2018.
Age 43
Tenure 6 years
Phone47 91 50 20 02
Webhttps://www.sparebank1.no/nb/sr-bank

SpareBank Management Efficiency

The company has return on total asset (ROA) of 0.0104 % which means that it generated a profit of $0.0104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1202 %, meaning that it generated $0.1202 on every $100 dollars invested by stockholders. SpareBank's management efficiency ratios could be used to measure how well SpareBank manages its routine affairs as well as how well it operates its assets and liabilities.
SpareBank 1 SR Bank has accumulated 11.75 B in total debt. Debt can assist SpareBank until it has trouble settling it off, either with new capital or with free cash flow. So, SpareBank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SpareBank 1 SR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SpareBank to invest in growth at high rates of return. When we think about SpareBank's use of debt, we should always consider it together with cash and equity.

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SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. SpareBank 1 SR-Bank ASA was founded in 18 and is headquartered in Stavanger, Norway. SpareBank operates under Banks - Regional - Europe classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1178 people. SpareBank 1 SR Bank (B4M1) is traded on Frankfurt Exchange in Germany and employs 1,600 people.

Management Performance

SpareBank 1 SR Leadership Team

Elected by the shareholders, the SpareBank's board of directors comprises two types of representatives: SpareBank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SpareBank. The board's role is to monitor SpareBank's management team and ensure that shareholders' interests are well served. SpareBank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SpareBank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nina Edvardsen, Sustainability People
Tore Medhus, Executive Vice President Corporate Market
Ella Skjorestad, Executive Vice President Customer Services and Marketing
Signe Helliesen, Ex Compliance
Frode B, Ex Management
Roger Antonesen, Ex Market
Inge Reinertsen, Chief Officer
Jan Friestad, Executive Vice President Retail Market
Benedicte Fasmer, Chief Officer
Glenn Sther, Exec Processes

SpareBank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SpareBank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in SpareBank Stock

SpareBank financial ratios help investors to determine whether SpareBank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SpareBank with respect to the benefits of owning SpareBank security.