Morrow Bank AB (STO:MORROW)
| Market Cap | 2.98B |
| Revenue (ttm) | 751.98M +20.4% |
| Net Income | 265.67M +30.1% |
| EPS | 1.09 +28.1% |
| Shares Out | 231.38M |
| PE Ratio | 11.87 |
| Forward PE | 6.36 |
| Dividend | 0.40 (3.11%) |
| Ex-Dividend Date | n/a |
| Volume | 234,996 |
| Open | 12.90 |
| Previous Close | 12.90 |
| Day's Range | 12.72 - 13.08 |
| 52-Week Range | 11.21 - 15.65 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 18.00 (+39.75%) |
| Earnings Date | May 13, 2026 |
About Morrow Bank AB
Morrow Bank AB provides unsecured financing to consumers in Norway, Sweden, and Finland. The company offers deposit products, consumer loans, and credit cards. Morrow Bank AB was founded in 2012 and is headquartered in Stockholm, Sweden. [Read more]
Financial Performance
In 2025, Morrow Bank AB's revenue was 687.59 million, an increase of 14.62% compared to the previous year's 599.89 million. Earnings were 237.82 million, an increase of 28.96%.
Financial StatementsNews
Morrow Bank AB Earnings Call Transcript: Q1 2026
Strong organic growth and transformative strategic moves, including the MedMera Bank acquisition, drove a 65% projected increase in the loan book and set the stage for more than doubling EPS by 2028. Cost discipline, stable credit quality, and capital optimization support robust outlook.
Morrow Bank AB Quarterly report: Q1 2026
Morrow Bank AB has published its Q1 2026 quarterly earnings report on May 13, 2026.
Morrow Bank AB Slides: Q1 2026
Morrow Bank AB has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
Morrow Bank AB Slides: Acquisition presentation
Morrow Bank AB has posted slides in relation to its latest quarterly earnings report, which was published on March 24, 2026.
Morrow Bank AB Earnings Call Transcript: Q4 2025
Delivered 31% year-over-year profit growth in 2025, with a 21% increase in the loan book and improved cost-income and loan loss ratios. Raised 2026 loan book target to SEK 19 billion, aiming for 10% annual growth and 20% return on equity by 2028.
Morrow Bank AB Annual report: Q4 2025
Morrow Bank AB has published its Q4 2025 annual report on February 12, 2026.
Morrow Bank AB Quarterly report: Q4 2025
Morrow Bank AB has published its Q4 2025 quarterly earnings report on February 12, 2026.
Morrow Bank AB Slides: Q4 2025
Morrow Bank AB has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 12, 2026.
Morrow Bank AB Transcript: Investor Update
A Nordic consumer finance platform, now based in Sweden, has doubled its lending book since 2022 and achieved a 55% profit CAGR. With a scalable model, it targets 10% annual organic growth, further M&A, and a 20% return on equity by 2028.
Morrow Bank AB Press release: Investor Update
Morrow Bank AB issued a press release on January 9, 2026, disclosing material business information to investors.
Morrow Bank AB Slides: Investor Update
Morrow Bank AB has posted slides in relation to its latest quarterly earnings report, which was published on January 9, 2026.
Morrow Bank AB Transcript: Strategy update
Transitioning to a Swedish bank and Nasdaq Stockholm listing, the group targets at least 10% annual organic growth, supported by SEK 1 billion in excess capital for expansion and M&A. Loan book and earnings have doubled since 2021, with a focus on efficiency, risk management, and scalable technology.
Morrow Bank AB Slides: Strategy update
Morrow Bank AB has posted slides in relation to its latest quarterly earnings report, which was published on November 11, 2025.
Morrow Bank AB Earnings Call Transcript: Q3 2025
Q3 2024 saw pre-tax profit rise 32% year-over-year, driven by strong loan growth and improved cost efficiency. The bank raised its 2026 and 2028 targets, with ambitions for over 10% annual growth and a 20% return on equity, as it prepares to re-domicile to Sweden.
Morrow Bank AB Quarterly report: Q3 2025
Morrow Bank AB has published its Q3 2025 quarterly earnings report on November 6, 2025.
Morrow Bank AB Slides: Q3 2025
Morrow Bank AB has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 6, 2025.
Morrow Bank AB Earnings Call Transcript: Q2 2025
Q2 2025 saw 35% profit growth and strong loan expansion, especially in Finland. Upgraded 2026 targets include higher loan growth and return on equity, with redomiciliation to Sweden and Nasdaq Stockholm relisting planned for January.
Morrow Bank AB Quarterly report: Q2 2025
Morrow Bank AB has published its Q2 2025 quarterly earnings report on August 14, 2025.
Morrow Bank AB Slides: Q2 2025
Morrow Bank AB has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on August 14, 2025.
Morrow Bank AB Slides: Company Presentation
Morrow Bank AB has posted slides in relation to its latest quarterly earnings report, which was published on May 12, 2025.
Morrow Bank AB Earnings Call Transcript: Q1 2025
Pre-tax profit rose 43% year-on-year to NOK 83 million, with strong cost efficiency and a stable loan loss ratio. A Swedish banking license was granted, and a cross-border merger and relisting are planned, supporting raised return targets and continued dividend payments.
Morrow Bank AB Quarterly report: Q1 2025
Morrow Bank AB has published its Q1 2025 quarterly earnings report on May 8, 2025.
Morrow Bank AB Slides: Q1 2025
Morrow Bank AB has posted slides in relation to its Q1 2025 quarterly earnings report, which was published on May 8, 2025.
Morrow Bank AB Slides: DNB Markets’ SME Conference Presentation
Morrow Bank AB has posted slides in relation to its latest quarterly earnings report, which was published on April 3, 2025.
Morrow Bank AB Transcript: Investor Update
Strong 2024 performance with 637% profit growth, industry-leading efficiency, and a 140% shareholder return. Plans to move headquarters to Sweden aim to boost return on equity to 20% and unlock further growth, with a 5% organic growth target and continued focus on cost control.