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BRAbank

OB:BRA-ME
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BRA-ME
OB
NOK528M
Market Cap
  1. Home
  2. NO
  3. Banks
Company description

BRAbank ASA operates as an entrepreneur bank to individuals in Norway. The last earnings update was 30 days ago. More info.


Add to Portfolio Compare Print
  • BRAbank has significant price volatility in the past 3 months.
BRA-ME Share Price and Events
7 Day Returns
-4.8%
OB:BRA-ME
2.8%
NO Banks
1.6%
NO Market
1 Year Returns
-56.3%
OB:BRA-ME
-5.9%
NO Banks
-8.3%
NO Market
BRA-ME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BRAbank (BRA-ME) -4.8% -17.5% -18.6% -56.3% -68.1% -
NO Banks 2.8% 5.6% 2.1% -5.9% 50.5% 39.2%
NO Market 1.6% 7.6% 2.7% -8.3% 31.1% 16.1%
1 Year Return vs Industry and Market
  • BRA-ME underperformed the Banks industry which returned -5.9% over the past year.
  • BRA-ME underperformed the Market in Norway which returned -8.3% over the past year.
Price Volatility
BRA-ME
Industry
5yr Volatility vs Market

BRA-ME Value

 Is BRAbank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for BRAbank. This is due to cash flow or dividend data being unavailable. The share price is NOK1.18.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BRAbank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BRAbank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:BRA-ME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in NOK NOK0.08
OB:BRA-ME Share Price ** OB (2019-09-19) in NOK NOK1.18
Norway Banks Industry PE Ratio Median Figure of 35 Publicly-Listed Banks Companies 7.93x
Norway Market PE Ratio Median Figure of 149 Publicly-Listed Companies 13.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BRAbank.

OB:BRA-ME PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:BRA-ME Share Price ÷ EPS (both in NOK)

= 1.18 ÷ 0.08

15.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BRAbank is overvalued based on earnings compared to the NO Banks industry average.
  • BRAbank is overvalued based on earnings compared to the Norway market.
Price based on expected Growth
Does BRAbank's expected growth come at a high price?
Raw Data
OB:BRA-ME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
32.1%per year
Norway Banks Industry PEG Ratio Median Figure of 29 Publicly-Listed Banks Companies 0.63x
Norway Market PEG Ratio Median Figure of 110 Publicly-Listed Companies 0.77x

*Line of best fit is calculated by linear regression .

OB:BRA-ME PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.54x ÷ 32.1%

0.48x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BRAbank is good value based on expected growth next year.
Price based on value of assets
What value do investors place on BRAbank's assets?
Raw Data
OB:BRA-ME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in NOK NOK1.78
OB:BRA-ME Share Price * OB (2019-09-19) in NOK NOK1.18
Norway Banks Industry PB Ratio Median Figure of 35 Publicly-Listed Banks Companies 0.49x
Norway Market PB Ratio Median Figure of 239 Publicly-Listed Companies 1.12x
OB:BRA-ME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:BRA-ME Share Price ÷ Book Value per Share (both in NOK)

= 1.18 ÷ 1.78

0.66x

* Primary Listing of BRAbank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BRAbank is overvalued based on assets compared to the NO Banks industry average.
X
Value checks
We assess BRAbank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. BRAbank has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BRA-ME Future Performance

 How is BRAbank expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
32.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BRAbank expected to grow at an attractive rate?
  • BRAbank's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • BRAbank's earnings growth is expected to exceed the Norway market average.
  • BRAbank's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:BRA-ME Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:BRA-ME Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 32.1%
OB:BRA-ME Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 21.6%
Norway Banks Industry Earnings Growth Rate Market Cap Weighted Average 0.2%
Norway Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Norway Market Earnings Growth Rate Market Cap Weighted Average 14.8%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:BRA-ME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:BRA-ME Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 445 37 1
2020-12-31 427 43 1
2019-12-31 383 -17 1
OB:BRA-ME Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-06-30 214 -1,230 34
2019-03-31 195 -1,387 47
2018-12-31 173 -1,438 31
2018-09-30 139 -1,917 6
2018-06-30 117 -1,721 -4
2018-03-31 115 -2,121 5
2017-12-31 118 -1,979 18
2017-09-30 97 12
2017-06-30 77 7
2017-03-31 59 0
2016-12-31 39 -1,020 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BRAbank's earnings are expected to grow significantly at over 20% yearly.
  • BRAbank's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:BRA-ME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from BRAbank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:BRA-ME Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.07 0.07 0.07 1.00
2020-12-31 0.08 0.08 0.08 1.00
2019-12-31 -0.04 -0.04 -0.04 1.00
OB:BRA-ME Past Financials Data
Date (Data in NOK Millions) EPS *
2019-06-30 0.08
2019-03-31 0.15
2018-12-31 0.11
2018-09-30 0.02
2018-06-30 -0.02
2018-03-31
2017-12-31 0.07
2017-09-30 0.06
2017-06-30
2017-03-31 0.00
2016-12-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • BRAbank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess BRAbank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Norway market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BRAbank has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BRA-ME Past Performance

  How has BRAbank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BRAbank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BRAbank has delivered over 20% year on year earnings growth in the past 5 years.
  • BRAbank has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • BRAbank has become profitable in the last year making it difficult to compare the NO Banks industry average.
Earnings and Revenue History
BRAbank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BRAbank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:BRA-ME Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 213.53 33.97 182.19
2019-03-31 195.30 46.84 134.39
2018-12-31 172.86 30.57 133.64
2018-09-30 138.72 5.89 131.02
2018-06-30 117.42 -3.89 122.82
2018-03-31 114.75 5.17 108.05
2017-12-31 117.91 17.96 94.17
2017-09-30 96.93 12.24 80.73
2017-06-30 77.14 7.05 67.81
2017-03-31 58.91 0.13 58.78
2016-12-31 39.42 -8.21 50.42
2015-12-31 -2.28 -198.29 267.97
2014-12-31 0.06 -1.38 1.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BRAbank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BRAbank used its assets less efficiently than the NO Banks industry average last year based on Return on Assets.
  • Unable to establish if BRAbank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess BRAbank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BRAbank has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BRA-ME Health

 How is BRAbank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of BRAbank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BRAbank Company Filings, last reported 2 months ago.

OB:BRA-ME Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 794.36 49.38 134.45
2019-03-31 680.80 98.82 110.20
2018-12-31 609.17 98.74 115.43
2018-09-30 563.09 98.65 85.78
2018-06-30 547.60 101.24 49.91
2018-03-31 533.81 102.97 65.44
2017-12-31 521.83 98.40 57.37
2017-09-30 345.23 98.81 63.56
2017-06-30 338.90 0.00 52.08
2017-03-31 334.32 0.00 34.54
2016-12-31 331.38 0.00 51.22
2015-12-31 165.14 0.00 17.20
2014-12-31 16.82 17.72
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • BRAbank has an acceptable proportion of non-loan assets held.
  • BRAbank's liabilities are made up of primarily low risk sources of funding.
  • Loans at BRAbank are broadly funded by customer deposits.
  • BRAbank's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • BRAbank has a low allowance for bad loans.
  • BRAbank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess BRAbank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BRAbank has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BRA-ME Dividends

 What is BRAbank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from BRAbank dividends. Estimated to be 0% next year.
If you bought NOK2,000 of BRAbank shares you are expected to receive NOK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate BRAbank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate BRAbank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:BRA-ME Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Norway Banks Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 5.1%
Norway Market Average Dividend Yield Market Cap Weighted Average of 115 Stocks 4.4%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:BRA-ME Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as BRAbank has not reported any payouts.
  • Unable to verify if BRAbank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of BRAbank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as BRAbank has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of BRAbank's dividends in 3 years as they are not expected to pay a notable one for Norway.
X
Income/ dividend checks
We assess BRAbank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BRAbank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BRAbank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BRA-ME Management

 What is the CEO of BRAbank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bent Gjendem
TENURE AS CEO 3.8 years
CEO Bio

Mr. Bent Hilding Gjendem serves as Chief Executive Officer at BRAbank ASA since November 2015. Mr. Gjendem is a Board member of Webhuset AS since 2007. He served as Chief Executive Officer of Zammut Prosjekt AS from October 2014 October 2015 and Sales Manager of Skandiabanken.no from June 2012 to September 2014. He served at Skandiabanken.no from January 2011 to May 2012 and Skandiabanken from March 2006 to January 2010. He was Co-Founder and Partner of Karabin from August 2004 to February 2006. Mr. Gjendem was Dept. Manager at Ementor from Novomber 1999 to July 2004. He holds M.sc. in Economics from Norwegian School of Economics.

CEO Compensation
  • Insufficient data for Bent to compare compensation growth.
  • Insufficient data for Bent to establish whether their remuneration is reasonable compared to companies of similar size in Norway.
Management Team Tenure

Average tenure of the BRAbank management team in years:

2.5
Average Tenure
  • The tenure for the BRAbank management team is about average.
Management Team

Bent Gjendem

TITLE
Chief Executive Officer
TENURE
3.8 yrs

Hans Ljøen

TITLE
Chief Financial Officer
TENURE
0.7 yrs

Tom Rimestad

TITLE
Chief Operating Officer
TENURE
4 yrs

Martin Valland

TITLE
Chief Technology Officer
TENURE
4.8 yrs

Henriette Vartdal

TITLE
Chief Product Officer
TENURE
1.3 yrs

Bård Fladvad

TITLE
Interim CRO
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure of the BRAbank board of directors in years:

0.7
Average Tenure
  • The average tenure for the BRAbank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Geir Stormorken

TITLE
Chairman of the Board
TENURE
0.7 yrs

Jan Greve-Isdahl

TITLE
Vice Chairman of the Board
COMPENSATION
NOK901K
TENURE
0.7 yrs

Tore Hopen

TITLE
Director
COMPENSATION
NOK70K

Mette Henriksen

TITLE
Director
COMPENSATION
NOK75K
AGE
57

Tore Amundsen

TITLE
Employee Representative Director
COMPENSATION
NOK70K

Kristin Devold

TITLE
Director
AGE
58
TENURE
0.7 yrs

Guro Røberg

TITLE
Deputy Director
TENURE
0.7 yrs

Sigve Heldal

TITLE
Deputy Member of Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
X
Management checks
We assess BRAbank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BRAbank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BRA-ME News

Simply Wall St News

BRA-ME Company Info

Description

BRAbank ASA operates as an entrepreneur bank to individuals in Norway. It offers personal loans, refinancing of debt and credit cards, financing, consumer loans, and payment insurance products, as well as savings accounts. The company was formerly known as Monobank ASA and changed its name to BRAbank ASA in June 2019. BRAbank ASA was founded in 2015 and is based in Bergen, Norway.

Details
Name: BRAbank ASA
BRA-ME
Exchange: OB
Founded: 2015
NOK527,923,767
447,393,023
Website: http://www.brabank.no
Address: BRAbank ASA
Starvhusgaten 4,
Bergen,
Hordaland, 5014,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB BRA-ME Share Capital Oslo Bors NO NOK 22. Feb 2016
Number of employees
Current staff
Staff numbers
0
BRAbank employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/19 21:36
End of day share price update: 2019/09/19 00:00
Last estimates confirmation: 2019/08/23
Last earnings filing: 2019/08/20
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.