Norion Bank

Norion Bank

NORION · ST · Financial Services / Banks - Regional

69.50SEK+0.30 (+0.43%)

Price History

Full chart

Market Stats

Previous Close69.20
Open68.70
Day Range68.30 – 69.80
52-Week Range46.70 – 73.60
Volume183.34K
Market Cap11.23B
P/E (TTM)10.78
Forward P/E0.00
EPS6.03
Dividend Yield0.00%
Beta0.50
50-Day Avg66.18
200-Day Avg61.07

About

Norion Bank AB (publ) provides financial solutions for medium-sized corporates and real estate companies, merchants, and private individuals in Sweden, Germany, Norway, Denmark, Finland, and internationally. It operates through four segments: Corporate, Real estate, Consumer, Payments, and others segments. The company offers corporate loans comprising acquisition financing, bridge financing, revolving credits, and stock financing solutions; invoice factoring, loan factoring, purchase order financing, and export factoring services; and real estate loans, such as acquisition financing, revolving credit facility (RCF), and development credit; unsecured loans; savings accounts; and personal loans and credit cards. It also provides payment and checkout solutions for e-commerce and retail businesses, as well as invoicing and payment by instalment services for private individuals. The company also engages in the provision of active asset management and pension solutions. The company was formerly known as Collector Bank AB and changed its name to Norion Bank AB (publ) in September 2023. Norion Bank AB (publ) was founded in 1999 and is headquartered in Gothenburg, Sweden.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Martin Nossman
  • Employees467
  • HeadquartersLilla Bommens Torg 11, Gothenburg, Sweden, 411 09, Sweden
  • Websitehttps://norionbank.se

Leadership

  • Mr. Martin NossmanChief Executive Officer · b. 1971
  • Mr. Peter OlssonChief Financial Officer · b. 1978
  • Ms. Alexandra KaberChief Operating Officer · b. 1976
  • Mr. Jonas BjorkmanChief Information Officer · b. 1965
  • Ms. Jessica AlmgrenIR Manager
  • Ms. Anna-Klara HeldringHead of Compliance · b. 1975
  • Ms. Teresa AkemarChief HR Officer · b. 1981
  • Ms. Josefin ErikssonHead of CEO Office · b. 1985
  • Mr. Tarek OmeiratGroup Chief Credit Officer · b. 1984

Financials

Income Statement

Currency: SEK2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.13B1.56B1.87B2.27B2.50B3.00B3.70B4.97B5.62B5.48B
Growth (%)-+38.60%+19.46%+21.76%+10.21%+19.73%+23.38%+34.25%+13.19%-2.47%
Cost of Revenue110.00M144.00M207.00M352.00M388.00M361.00M486.00M1.32B1.92B1.67B
Gross Profit1.02B1.42B1.66B1.92B2.12B2.64B3.21B3.65B3.70B3.82B
Gross Margin90.24%90.78%88.91%84.51%84.50%87.96%86.86%73.46%65.79%69.63%
Operating Expense631.00M760.00M1.01B2.19B1.71B1.68B1.77B2.01B2.09B1.98B
Operating Income386.00M658.00M648.00M-270.00M402.00M959.00M1.44B1.64B1.61B1.84B
Operating Margin34.25%42.13%34.73%-11.88%16.05%31.99%38.98%32.96%28.64%33.53%
EBITDA412.00M703.00M715.00M-183.00M447.00M995.00M1.50B1.70B1.68B1.92B
EBITDA Margin36.56%45.01%38.32%-8.05%17.85%33.19%40.69%34.31%29.91%35.01%
Net Income300.00M510.00M496.00M-219.00M303.00M753.00M1.14B1.29B1.26B1.44B
Net Income Margin26.62%32.65%26.58%-9.64%12.10%25.12%30.85%26.06%22.50%26.23%
Interest Expense110.00M144.00M207.00M352.00M388.00M361.00M486.00M1.32B1.92B1.67B
Interest Expense % of Total Revenue9.76%9.22%11.09%15.49%15.50%12.04%13.14%26.54%34.21%30.37%

Balance Sheet

Currency: SEK2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets15.08B22.25B29.65B36.89B37.74B44.29B48.68B54.06B67.21B67.53B
Total Liabilities12.50B19.21B26.28B33.74B33.03B38.38B41.61B45.75B58.16B58.05B
Total Equity2.58B3.04B3.37B3.15B4.71B5.92B7.07B8.30B9.05B9.48B
Cash962.00M1.46B1.81B4.90B3.79B5.31B3.11B3.20B4.20B4.75B
Total Debt832.00M3.33B3.27B3.59B1.22B5.73B3.47B1.36B2.99B3.45B
Net Debt-130.00M1.87B1.45B-1.31B-2.58B420.00M364.00M-1.85B-1.21B-1.30B

Cash Flow

Currency: SEK2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-4.32B-5.36B1.00B3.23B46.00M-3.51B277.00M2.36B-101.00M1.31B
Investing Cash Flow-260.00M-652.00M-585.00M-484.00M52.00M-39.00M-39.00M-58.00M-139.00M-79.00M
Financing Cash Flow4.77B6.48B-71.00M325.00M-1.16B4.96B-2.49B-2.14B1.12B-555.00M
Capital Expenditure88.00M116.00M126.00M74.00M38.00M35.00M39.00M58.00M77.00M71.00M
Free Cash Flow-4.41B-5.48B876.00M3.16B8.00M-3.55B238.00M2.30B-178.00M1.24B
FCF to OCF102.04%102.16%87.43%97.71%17.39%101.00%85.92%97.54%176.24%94.59%

Earnings

Report DateSep 2, 2015Nov 3, 2015Feb 11, 2016Apr 28, 2016Jul 20, 2016Oct 31, 2016Feb 9, 2017Apr 25, 2017Jul 19, 2017Oct 20, 2017Feb 9, 2018Apr 24, 2018Jul 19, 2018Oct 25, 2018Feb 12, 2019Apr 25, 2019Jul 17, 2019Nov 5, 2019Feb 13, 2020Apr 23, 2020Jul 16, 2020Oct 22, 2020Feb 12, 2021Apr 27, 2021Jul 15, 2021Oct 21, 2021Feb 9, 2022Apr 26, 2022Jul 14, 2022Oct 21, 2022Feb 8, 2023Apr 25, 2023Jul 13, 2023Oct 20, 2023Feb 7, 2024Apr 23, 2024Jul 12, 2024Oct 18, 2024Feb 5, 2025Apr 24, 2025Jul 14, 2025Oct 17, 2025Feb 5, 2026Apr 23, 2026Jul 14, 2026
EPS Estimate-----------------------------1.221.38-1.331.331.301.551.611.401.321.411.521.771.691.601.83
EPS Actual0.460.560.640.590.660.720.810.760.860.980.860.750.981.021.031.061.061.10-3.270.200.370.430.460.660.830.931.111.201.111.381.621.421.601.491.511.531.591.501.462.011.811.701.591.541.76
Surprise-----------------------------13.11%17.39%-20.30%12.03%16.15%-1.29%-1.24%7.14%10.61%42.55%19.08%-3.95%-5.92%-3.75%-3.83%
Timing-----------------------------Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap11.23B
Enterprise Value11.08B
Trailing P/E10.78
Forward P/E0.00
Price / Sales3.87
Price / Book1.13
EPS6.03
Book Value52.31
Revenue (TTM)2.90B
Gross Profit (TTM)2.90B
Profit Margin41.01%
Operating Margin43.01%
Return on Equity12.04%
Return on Assets1.71%
Shares Outstanding172.79M
Shares Float86.79M
Beta0.50
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%