Aktia Pankki Oyj (0QF8) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Aktia's Q1 results briefing. My name is Oskar Taimitarra. I'm the Head of Aktia's Investor Relations, and I will be the moderator for this event today. Earlier this morning, we published our Q1 report. The results were somewhat mixed. The underlying business operations and the implementation of the strategy developed as expected, but the results were weighed down by changes in market values, especially in the Life Insurance business. Aktia's CEO, Ansi Hovta and CFO, Sakaar Jarvella, will soon walk us through the results. And as always, after the presentations, we are happy to answer your questions. If you are following us online, please write your questions in the comments field. So let's get the show started. Please welcome Alsi Hota. Thank you, Oscar, and welcome also on my behalf. My name is Hansi Hoofta, CEO of Aktia. Together with our CFO, Saker Jaravella, I will take you through the highlights and results of the first quarter. The quarter marks the beginning of a very special year for Aktia. In 2026, we celebrate two hundred years since the first account was opened at Helsinki Savings Bank with the deposit of 16 sillings into account number one. We also mark thirty five years since several savings banks along the Finnish coast joined forces and became Aktia. So this is a year of history, but also a year of ambition. For us, two hundred years is not only about looking back, it's also about looking forward. It reminds us that our task is renew, to grow and create value for our customers, shareholders and society also in the years ahead. With that, let me turn into first quarter and start with a few key highlights. During the first quarter of twenty twenty six, markets were again clearly volatile, driven by the external facto...