Morrow Bank

MORROW · ST · Financial Services / Banks - Regional

17.82SEK+0.24 (+1.37%)

Price History

Full chart

Market Stats

Previous Close17.58

Open17.56

Day Range17.20 – 17.96

52-Week Range3.74 – 17.00

Volume1.06M

Market Cap5.10B

P/E (TTM)15.35

Forward P/E9.63

EPS1.05

Dividend Yield0.00%

50-Day Avg14.63

200-Day Avg12.85

About

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.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. Oyvind Oanes
Employees69
HeadquartersTorsgatan 13, Stockholm, Sweden, 111 23, Sweden
Websitehttps://morrowbank.se

Leadership

Mr. Oyvind OanesChief Executive Officer · b. 1973
Mr. Eirik HoltedahlChief Financial Officer
Mr. Wilhelm Bruun ThomassenChief Operating Officer
Mr. Martin VallandInterim Chief Technology Officer
Ms. Annika Johanna RamstedtChief Credit Risk Officer
Mr. Tony RogneChief Commercial Officer

Financials

Income Statement

Currency: SEK	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	852.46M	1.04B	1.24B	1.30B
Growth (%)	-	+21.48%	+19.98%	+4.98%
Net Income	957.94K	149.26M	203.10M	257.77M
Net Income Margin	0.11%	14.41%	16.35%	19.76%
Interest Expense	121.13M	353.56M	537.39M	448.19M
Interest Expense % of Total Revenue	14.21%	34.14%	43.25%	34.36%

Balance Sheet

Currency: SEK	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	12.27B	13.43B	18.12B	19.13B
Total Liabilities	10.19B	11.19B	15.71B	16.65B
Total Equity	2.08B	2.24B	2.40B	2.49B
Net Debt	69.18M	162.14M	257.89M	740.64M

Cash Flow

Currency: SEK	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-408.00M	473.00M	476.70M	-671.74M
Capital Expenditure	57.90M	56.10M	41.30M	45.02M
Free Cash Flow	-465.90M	416.90M	435.40M	-716.76M
Dividends Paid	-	-	-	84.46M
FCF to OCF	114.19%	88.14%	91.34%	106.70%
Dividend Paid to FCF	-	-	-	-11.78%

Earnings

Report Date	Dec 31, 2017	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Dec 31, 2019	Mar 31, 2020	Jun 30, 2020	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Feb 11, 2026	May 13, 2026	Aug 12, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.27	0.35	0.30
EPS Actual	0.39	0.42	0.47	0.40	0.51	0.40	0.32	0.43	-0.08	0.24	0.40	0.36	0.34	0.31	0.24	-1.92	0.16	0.17	0.17	0.08	-0.50	0.18	0.16	0.14	0.13	0.17	0.20	0.21	0.24	0.25	0.28	0.29	0.28	0.25	0.34
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.70%	-28.57%	13.33%
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	Pre-market	After-hours

Key Statistics & Ratios

Market Cap5.10B

Enterprise Value2.90B

Trailing P/E15.35

Forward P/E9.63

Price / Sales6.46

Price / Book1.75

EPS1.05

Book Value10.22

Revenue (TTM)788.91M

Gross Profit (TTM)788.91M

Profit Margin37.01%

Operating Margin47.00%

Return on Equity10.71%

Return on Assets1.50%

Shares Outstanding316.10M

Shares Float106.06M

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%