Melhus Sparebank (MELG.OL) Research

Melhus Sparebank, a Norwegian savings institution, delivers a comprehensive array of financial products and services to corporate clients, agricultural businesses, and individual customers. Its core banking offerings encompass diverse savings accounts, loans tailored for construction projects and general business purposes, alongside facilities such as bank guarantees, overdraft protection, and leasing services. They also issue both credit and debit cards. Beyond traditional banking, the institution provides a broad spectrum of insurance policies covering liability, health, personnel, occupational injury, travel, accidents, business operations, retail, cyber threats, and property damage, with specific plans for craftsmen, homeowners, offices, vehicles, and farms. Furthermore, Melhus Sparebank manages savings and pension schemes, facilitates essential payment processing, and supports convenient online and mobile banking platforms. Established in 1840, the bank is headquartered in Melhus, Norway, and operates through branches located in central Trondheim, Heimdal, Ler, and Korsvegen.

Market snapshot

Symbol
MELG.OL
Price
$185
Day change
+0.58%
Market cap
$512.8M
P/E ratio
6.01x
52-week range
167-206
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 2 months

Peer companies

  • Aasen Sparebank (AASB.OL)
  • Aker Horizons ASA (AKH.OL)
  • Aurskog Sparebank (AURG.OL)
  • Flekkefjord Sparebank (FFSB.OL)
  • Haugesund Sparebank (HGSB.OL)
  • Høland og Setskog Sparebank (HSPG.OL)
  • Skue Sparebank (SKUE.OL)
  • Sogn Sparebank (SOGN.OL)

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