Norion Bank AB (NORION) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Norway Bank's Q2 report 2021. My name is Martin Åstman and I am the CEO. Let's start with page 2, which is a summary of the second quarter. The stock is now rising to 49.4 billion, which is an increase with 1.9 billion or 4%. The revenues go up to 948 million. The KU number ends at 29.9. This quarter it is mainly properties and private that are growing. We have started our resale program, have bought back a little over 2 million shares, corresponding to about 90 million of the total 500 million we have the mandate to buy back for. Revenue result, 475 million, increase of 14 cents. Dismantling of P&G capital amounts to 15.4 and then we have accumulated exactly 1.3 billion under the year. The capital generation Up to 6.5% and the core premium to 15.4%. Then we should also keep in mind that we make full deductions for our exciting resale program. The last box here in the picture, we will talk a little more in detail about that, but in June we implemented in Olli, our payments solution, a big step to grow our Nordic business, when we got the opportunity to acquire Verku Kaupas finansieringsverksamhet i Finland. Men som sagt vi återkom på det lite mer under avsnittet Volvo. Vi går till sidan tre och pratar lite företag. Företagssegmentet då, det vill säga företagskrediter och factoring. Ganska oförändrad stock mellan Q1 och Q2. Bra kvartal. especially for corporate credit in Sweden and factoring in Finland. That's really what stands out this quarter. Compared to Q2 2025 and Q2 2024, we can state that the stock is growing at more than 1 billion, an increase of 12%, while the revenues increase by 19% during the same period. So a very good development in general for for corporate. No major changes when we look at geographical split or different brands, not also re...