Storebrand stock falls 2.45 percent as Q2 profit rises 26 percent
Published on 09/23/2026 at 23:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Storebrand stock fell 2.45 percent to NOK 195 on September 23, 2026, while its 52-week range extended from NOK 148.50 to NOK 208.20. The move contrasts with the companys latest quarterly figures, which showed group profit up 26 percent year-on-year.
Profit reaches NOK 1,799 million
Storebrand ASA reported group profit of NOK 1,799 million for Q2 2026, according to Cision in the company release dated July 15, 2026. Operating profit reached NOK 1,119 million, an increase of 17 percent from the same quarter of 2025.
The insurance result contributed NOK 889 million, while the combined ratio was 87 percent. Return on equity stood at 16 percent for the last twelve months, and the solvency ratio was 200 percent, according to Yahoo Finance.
Buyback adds a capital signal
Storebrand also continued its capital-return program. The board approved a buyback tranche of up to NOK 1.0 billion on July 15, 2026, equivalent to 1.2 percent of share capital based on the companys last closing price at that time, according to Cision.
The contrast between the operating figures and the daily quotation is important for the stock profile. Storebrand delivered double-digit growth in both group profit and operating profit, yet the September 23 quotation remained NOK 13.20 below the 52-week high of NOK 208.20, a gap of 6.34 percent.
Next report arrives October 21
Storebrands next scheduled earnings report is October 21, 2026, according to Investing.com. That date will give investors a fresh checkpoint on insurance profitability, capital strength and progress under the buyback program.
Stock trades below yearly high
Storebrand stock was at NOK 195 on the Oslo Bors on September 23, 2026. Its market capitalization was NOK 81,636,327,435 on the same date, placing the shares 6.34 percent below the 52-week high while remaining 31.31 percent above the 52-week low.
Storebrand stock facts
- Company: Storebrand ASA
- Ticker: STB
- Trading venue: Oslo Bors
- Closing price (September 23, 2026): NOK 195
- Market capitalization: NOK 81,636,327,435 (as of September 23, 2026)
- 52-week range: NOK 148.50-208.20 (as of September 23, 2026)
- Sector / Industry: Financial Services / Financial - Conglomerates
- Next earnings date: October 21, 2026
