Analysis date: 2026-05-31 | Country: NO | Currency: NOK
| Field | Value |
|---|---|
| Rating | Observe |
| Intrinsic Value | N/A |
| 24m Target | N/A |
| Price at Analysis | 480.0 NOK |
| Buffett Score | 7/20 |
| ROIC | 10.6% |
| Economic Profit | +22.2M NOK |
| Implied Upside (IV) | N/A |
Observe: Size/liquidity constraints, negative EP, pre-revenue stage, or data quality limitations.
Ticker: VVL.OL | Name: Voss Veksel Landmandsbank | Country: NO | Sector: Bank/Savings Bank
Voss Veksel Landmandsbank operates in the Nordic market. ROIC 10.6% vs WACC 8% → EP +22.2M NOK.
Retail and corporate customers pay interest on loans and fees for financial services.
Net interest income (NII) is the primary revenue driver, supplemented by fees and commissions.
ROIC 10.6% vs WACC 8.0% → Economic Profit +22.2M NOK.
Funding cost, credit quality (LLP), and regulatory capital requirements (CET1).
Moat strength: 2/5. Geographic presence, customer loyalty, and local market share.
Volume growth in mortgage and corporate portfolios plus interest rate environment.
Top risks: Credit risk, interest rate risk, Basel IV regulatory requirements, neobank competition.
Conservative credit culture, stable dividend policy, CSRD reporting obligations.
Observe — Voss Veksel Landmandsbank: Marginal value creation, EP +22.2M, await better entry.
mttssn research · Voss Veksel Landmandsbank (VVL.OL) · 2026-W131 · 2026-05-31