Norion Bank AB (NORION) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.267 -- 00:00:05.414 Welcome to Norway Bank's Q2 report 2021. 00:00:05.414 -- 00:00:11.219 My name is Martin Åstman and I am the CEO. 00:00:11.862 -- 00:00:16.929 Let's start with page 2, which is a summary of the 00:00:16.929 -- 00:00:22.075 second quarter. The stock is now rising to 49.4 billion, 00:00:22.075 -- 00:00:27.476 which is an increase with 1.9 billion or 4%. 00:00:27.476 -- 00:00:32.484 The revenues go up to 948 million. The KU number ends 00:00:32.484 -- 00:00:34.624 at 29.9. 00:00:35.588 -- 00:00:41.597 This quarter it is mainly properties and private that are growing. 00:00:41.597 -- 00:00:46.673 We have started our resale program, have bought back 00:00:46.673 -- 00:00:51.961 a little over 2 million shares, corresponding to about 90 million of 00:00:51.961 -- 00:00:57.707 the total 500 million we have the mandate to buy 00:00:58.912 -- 00:01:04.060 back for. Revenue result, 475 million, increase of 14 cents. 00:01:04.060 -- 00:01:09.474 Dismantling of P&G capital amounts to 15.4 and then we have 00:01:09.474 -- 00:01:14.236 accumulated exactly 1.3 billion under the year. 00:01:14.236 -- 00:01:19.566 The capital generation Up to 6.5% and the core premium to 15.4%. 00:01:19.566 -- 00:01:25.293 Then we should also keep in mind that we make full deductions for 00:01:25.293 -- 00:01:28.495 our exciting resale program. 00:01:28.657 -- 00:01:33.984 The last box here in the picture, we will talk a little more in detail 00:01:33.984 -- 00:01:39.250 about that, but in June we implemented in Olli, our payments solution, a big 00:01:39.250 -- 00:01:44.786 step to grow our Nordic business, when we got the opportunity to acquire Verku Kaupas 00:01:44.786 -- 00:01:50.216 finansieringsverksamhet i Finland. Men som sagt vi återkom på det lite mer under...