Sweden · Delayed Price · Currency is SEK NOBA Bank Group AB Earnings Call Transcripts
Fiscal Year 2026
-
Adjusted core operating profit rose 21% year-over-year to SEK 1.4 billion, with all segments contributing to 11% portfolio growth and stable margins. Credit quality improved for the eighth consecutive quarter, and the CET1 ratio remains strong at 13.3%.
Fiscal Year 2025
-
Delivered strong year-on-year growth in profit, revenue, and lending, with improved asset quality and a robust capital position. Expanded into SME lending via DBT acquisition and maintained high liquidity and dividend payouts, while navigating increased competition and FX headwinds.
-
Seasonally strong quarter with 40% year-over-year profit growth, 10% loan book expansion, and 28% ROE. Cost-income ratio improved to 22%, with continued investments in new products and AI. Outlook remains stable, with fee income and credit card growth as key drivers.