Storebrand stock trades at EUR 17.89 as quarterly result rises 26 percent
Published on 09/29/2026 at 14:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Storebrand stock (ISIN NO0003053605) trades at EUR 17.89 at Lang and Schwarz on September 29, 2026 at 2:11 p.m. CEST, while the insurer's latest quarterly result climbed 26 percent year over year to NOK 1.8 billion. The figures keep earnings growth and capital allocation at the center of the investment case.
Q2 result reaches NOK 1.8 billion
According to Yahoo Finance in the Q2 2026 transcript dated July 15, 2026, Storebrand reported a quarterly result of NOK 1.8 billion, representing 26 percent growth from the same quarter of 2025. Earnings per share reached NOK 3.43, up 19 percent year over year.
The insurance segment supplied a major part of the improvement. Its result rose to NOK 480 million from NOK 289 million, while the combined ratio improved to 87 percent from the same quarter of 2025. The ratio gives investors a direct read on underwriting profitability, although the transcript also identified disability claims in corporate insurance as a pressure point.
Danske Bank lifts target to NOK 245
According to Marketscreener on September 9, 2026, Danske Bank raised its Storebrand price target from NOK 200 to NOK 245 and reiterated its buy rating. The change gives the analyst view a concrete benchmark against the latest Oslo quotation, rather than relying only on the earnings momentum.
Capital returns add a second quantified support. The Globe and Mail reported on September 1, 2026 that Storebrand had repurchased 170,000 shares during August 24 to August 28 and held 1.80 percent of its share capital in treasury shares after those transactions.
Stock trades below yearly high
On the Oslo Stock Exchange, Storebrand was trading at NOK 194.40 on September 29, 2026 at 2:05 p.m. CEST. Its market capitalization was NOK 81.4 billion, and its 52-week range was NOK 150.60 to NOK 208.20. The current Oslo quotation therefore sat NOK 13.80 below the yearly high, while the euro reference price from Lang and Schwarz stood at EUR 17.89 at 2:11 p.m. CEST.
Storebrand stock data
- Company: Storebrand ASA
- ISIN: NO0003053605
- Ticker: STB
- Primary exchange: Oslo Stock Exchange
- Price Lang and Schwarz (as of September 29, 2026, 2:11 p.m. CEST): EUR 17.89
- Market capitalization: NOK 81.4 billion (as of September 29, 2026)
- 52-week range: NOK 150.60-NOK 208.20 (as of September 29, 2026)
- Sector / Industry: Investment Management and Fund Operators
- Next earnings date: October 20, 2026
