Home Compare KEY vs SBNOR.OL
Stock Comparison · Industry comparison · Banks - Regional

Key vs Sparebanken Norge: Which Stock Looks Stronger in 2026?

Sparebanken Norge holds the cleaner structural position, with the lead spread across profitability and stability. KeyCorp does not offset that deficit through any equally strong structural edge elsewhere. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (KEY: S&P 500, SBNOR.OL: STOXX 600).

Updated 2026-07-05

The lead is spread across profitability and stability, rather than sitting in one isolated gap. Sparebanken Norge leads by 34 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Banks - Regional

This comparison is based on industry proximity, not on functional trajectory similarity. KEY and SBNOR.OL share the same industry classification.

For a similarity-based comparison, see how KeyCorp and Sparebanken Norge each position within their functional peer groups in AssetNext.

Peer-Relative Score
KEY
KeyCorp
50
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
SBNOR.OL
Sparebanken Norge
84
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: KEY vs SBNOR.OL Profitability 22 100 Stability 43 87 Valuation 78 81 Growth 59 62 KEY SBNOR.OL
Gap Ranking
#1 Profitability +78
#2 Stability +44
#3 Growth +3
#4 Valuation +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KEY and SBNOR.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KEYSBNOR.OL Relative valuation Structural strength

Neither company combines the stronger profile with the cheaper valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where KEY and SBNOR.OL each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY KEY Elevated · near norm 0th 50th 100th 3 pct gap SBNOR.OL Elevated · near norm 0th 50th 100th 99th 96th
KEY (99th percentile) and SBNOR.OL (96th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, Sparebanken Norge ranks near the top of the group; KeyCorp sits in the weaker half.
Stability
On stability, the edge is clear — both rank well, but Sparebanken Norge sits noticeably higher.
Profitability — Dominant Gap
KEY
22
SBNOR.OL
100
Gap+78in favour of SBNOR.OL

The profitability lead is mainly driven by a 31-point operating margin advantage.

What else supports the lead

Stability also supports the lead, so the result is broader than one isolated gap.

What this means for the comparison

The lead is built on both profitability and stability, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the KEY vs SBNOR.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-stability comparisons

Explore how KEY and SBNOR.OL each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.