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SpareBank 1 SMN ( (SRMGF) ) just unveiled an update.
SpareBank 1 SMN has partnered with Swedbank to establish a leading Nordic investment bank, SB1 Markets, which began operations in Sweden on September 1, 2025. SpareBank 1 SMN holds a 31.9% stake in the newly formed entity, which has taken over Swedbank’s investment banking operations, including a branch in Stockholm. The transaction is expected to have a positive, albeit limited, financial impact on SpareBank 1 SMN.
The most recent analyst rating on (SRMGF) stock is a Hold with a NOK171.00 price target. To see the full list of analyst forecasts on SpareBank 1 SMN stock, see the SRMGF Stock Forecast page.
More about SpareBank 1 SMN
SpareBank 1 SMN is part of the SpareBank 1 alliance, a group of Norwegian savings banks. The company operates in the financial services industry, offering a range of banking and investment services primarily in the Nordic region.
YTD Price Performance: 19.94%
Average Trading Volume: 92,962
Current Market Cap: NOK27.59B
See more data about SRMGF stock on TipRanks’ Stock Analysis page.