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Commentary (18 Apr 2024 @ 10:25):

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway...

Stats
Today's Volume	322.00
Average Volume	672.00
Market Cap	433.09M
EPS	NOK0 ( 2024-02-19 )
Next earnings date	( NOK2.93 ) 2024-05-09
Last Dividend	NOK12.50 ( 2024-03-22 )
Next Dividend	NOK0 ( N/A )
P/E	9.70
ATR14	NOK0 (0.00%)

Melhus Sparebank Correlation

10 Most Positive Correlations
AKSO.OL	0.868
SHLF.OL	0.868
MORG.OL	0.859
MING.OL	0.859
PARB.OL	0.841
SVEG.OL	0.838
SOFF.OL	0.831
CADLR.OL	0.828
TOTG.OL	0.821
SADG.OL	0.817

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Melhus Sparebank Financials

Annual	2023
Revenue:	NOK663.06M
Gross Profit:	NOK662.37M (99.90 %)
EPS:	NOK16.87

Q4	2023
Revenue:	NOK177.92M
Gross Profit:	NOK179.49M (100.88 %)
EPS:	NOK2.40

Q3	2023
Revenue:	NOK80.01M
Gross Profit:	NOK80.01M (100.00 %)
EPS:	NOK3.68

Q2	2023
Revenue:	NOK113.40M
Gross Profit:	NOK113.40M (100.00 %)
EPS:	NOK7.67

Financial Reports:

No articles found.

Melhus Sparebank Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0 (N/A)	NOK0 (N/A)	NOK11.00 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK12.50 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Melhus Sparebank Dividend Information - Dividend Knight

Dividend Sustainability Score: 5.36 - average (46.01%) | Divividend Growth Potential Score: 5.06 - Stable (1.17%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	NOK12.05	2000-02-24
Last Dividend	NOK12.50	2024-03-22
Next Dividend	NOK0	N/A
Payout Date	2024-04-03
Next Payout Date	N/A
# dividends	24	--
Total Paid Out	NOK248.55	--
Avg. Dividend % Per Year	6.25%	--
Score	4.8	--
Div. Sustainability Score	5.36
Div.Growth Potential Score	5.06
Div. Directional Score	5.21	--

Next Divdend (Est)
(2025-01-06)

NOK13.13 Estimate 6.24 %

Dividend Stability

0.25 Very Poor

Dividend Score

4.80

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2000	NOK12.05	10.80%
2001	NOK11.08	11.10%
2002	NOK8.67	8.57%
2003	NOK9.64	9.35%
2004	NOK10.12	7.50%
2005	NOK11.57	6.51%
2006	NOK12.05	6.44%
2007	NOK13.01	6.92%
2008	NOK11.57	8.00%
2009	NOK9.16	11.10%
2010	NOK10.12	8.75%
2011	NOK11.08	7.28%
2012	NOK12.05	8.45%
2013	NOK11.08	8.18%
2014	NOK8.19	7.20%
2015	NOK8.67	7.31%
2016	NOK8.47	7.14%
2017	NOK8.47	6.80%
2018	NOK8.50	7.02%
2019	NOK9.00	7.44%
2020	NOK10.00	7.09%
2021	NOK0	0.00%
2022	NOK10.50	6.77%
2023	NOK11.00	6.88%
2024	NOK12.50	7.76%

Dividend Commentary

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
ALNG.OL	Dividend King	2023-11-27	Quarterly	2	6.60%	7.04
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
SALM.OL	Dividend Knight	2023-06-09	Annually	17	2.80%	4.97
BWLPG.OL	Dividend Knight	2023-11-17	Quarterly	11	1.68%	4.46
ELK.OL	Dividend Knight	2023-05-02	Annually	6	6.64%	4.31
BWO.OL	Dividend Knight	2023-11-20	Quarterly	14	0.87%	3.96
ATEA.OL	Dividend Knight	2023-11-20	Annually	16	2.97%	3.45
HAFNI.OL	Dividend Knight	2023-11-23	Semi-Annually	5	1.18%	3.31
AKER.OL	Dividend Knight	2023-11-07	Semi-Annually	20	2.99%	3.13
AUSS.OL	Dividend Knight	2023-05-26	Annually	17	3.23%	2.93

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.279	1.500	4.42	6.63	[0 - 0.5]
returnOnAssetsTTM	0.0111	1.200	9.63	10.00	[0 - 0.3]
returnOnEquityTTM	0.0907	1.500	-0.104	-0.155	[0.1 - 1]
payoutRatioTTM	0.249	-1.000	7.51	-7.51	[0 - 1]
currentRatioTTM	0.00647	0.800	-4.97	-3.97	[1 - 3]
quickRatioTTM	0.00174	0.800	-4.70	-3.76	[0.8 - 2.5]
cashRatioTTM	0.00180	1.500	-1.101	-1.652	[0.2 - 2]
debtRatioTTM	0.219	-1.500	6.35	-9.52	[0 - 0.6]
interestCoverageTTM	0.795	1.000	-0.817	-0.817	[3 - 30]
operatingCashFlowPerShareTTM	99.19	2.00	10.00	10.00	[0 - 30]
freeCashFlowPerShareTTM	62.40	2.00	10.00	10.00	[0 - 20]
debtEquityRatioTTM	1.774	-1.500	2.90	-4.36	[0 - 2.5]
grossProfitMarginTTM	1.004	1.000	10.00	10.00	[0.2 - 0.8]
operatingProfitMarginTTM	0.455	1.000	2.91	2.91	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.113	1.000	-0.481	-0.481	[0.2 - 2]
assetTurnoverTTM	0.0397	0.800	-3.07	-2.45	[0.5 - 2]
Total Score				5.36

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	3.53	1.000	9.74	0	[1 - 100]
returnOnEquityTTM	0.0907	2.50	-0.0666	-0.155	[0.1 - 1.5]
freeCashFlowPerShareTTM	62.40	2.00	10.00	10.00	[0 - 30]
dividendYielPercentageTTM	8.01	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	99.19	2.00	10.00	10.00	[0 - 30]
payoutRatioTTM	0.249	1.500	7.51	-7.51	[0 - 1]
pegRatioTTM	-0.399	1.500	-6.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.626	1.000	10.00	0	[0.1 - 0.5]
Total Score				5.06

Melhus Sparebank

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.