Storebrand (STB) Stock Price, Fundamentals & Analysis

What STB does

Storebrand (STB) is a financial conglomerate listed on the Oslo Børs that provides insurance and savings products across Norway, the United States, Germany, Sweden, the United Kingdom, and other international markets. It operates through four segments: Savings, Insurance, Guaranteed Pensions, and Other. The Savings segment covers retirement savings, defined contribution pensions, asset management, and retail banking. The Insurance segment offers personal insurance, non-life insurance, personal risk, and pension-related insurance. The Guaranteed Pensions segment focuses on long-term pension savings products such as defined contribution pensions, paid-up policies, and individual capital and pension insurance. The Other segment provides life insurance products to private individuals, businesses, public enterprises, and corporate and retail markets. Founded in 1767, Storebrand is headquartered in Lysaker, Norway, and employs 2,490 people.

Key numbers explained

• The current price is 194.3 NOK, up +0.78% today, with a 52-week range of 150.6 – 208.2 and a 27% price change over the last year.
• The trailing P/E ratio of 17 shows how much investors pay per unit of recent earnings; the forward P/E ratio of 14.4 reflects expectations for future earnings.
• The dividend yield of 2.78% indicates the annual dividend as a percentage of the current price, with 47% of earnings paid out as dividends and an ex-dividend date of 10 apr. 2026.
• Earnings per share (trailing 12 months) is 11.43 NOK, meaning the company earned that amount per share over the last twelve months.
• The beta of 0.53 suggests the stock tends to move less than the overall market, which can mean lower volatility.
• Return on equity of 15.2% measures how effectively the company generates profit from shareholders' equity.
• The debt-to-equity ratio of 196.6% means debt exceeds equity, which is common in financial conglomerates that use leverage to fund operations.
• Price-to-book of 2.55 compares the market price to the book value of equity, showing how the market values the company relative to its accounting net assets.

What to watch

• Storebrand is part of the OBX index, so movements in the broader Norwegian market can affect its price.
• As a financial conglomerate, the stock can be sensitive to interest rate changes, insurance claims trends, and pension regulation shifts across its operating countries.
• The upcoming earnings release on 21 oct. 2026 will provide updated figures on profit margins, revenue growth, and capital allocation.
• Investors often compare Storebrand with peers such as DNB Bank (DNB), Gjensidige Forsikring (GJF), Handelsbanken A (SHB-A), and Commerzbank (CBK) to gauge relative valuation and sector trends.
• The company's international exposure means currency movements and geopolitical developments in markets like the United States, Germany, Sweden, and the United Kingdom may influence results.