Norion Bank AB (NORION) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Noran Bank's Q4 report 2025. My name is Martin Årsmann and I am the CEO and the CEO is Peter Olsson. Let's start on page 2 and as usual a summary of the Q4 this time. Låneboken landar på 49,7 miljarder ungefär. Vi ökar mellan Q3 och Q4 med 600 miljoner. Vi har en hel del FX-effekter som vi kommer prata om lite framåt, men om man tittar på FX-effekter mellan Q3 och Q4 så uppgår den till 600 million. In addition, we have also made an MPL sale that we communicated earlier at 150 million, so we have a underlying growth between Q3 and Q4 in Roughly 1.2 billion, so about the same growth rate as we had in Q4 2024. The QE number landed at 34.6%, which is a small increase if you compare with Q4 2024. And as you know, Q4 is a quarter with some seasonal effects. Peter will talk a little more about that. We have also, during this quarter and this year, strengthened and invested quite a lot in our payment solution Wall-E, which has a very good momentum. We have continued to strengthen our organization on regulatory issues and it is also playing a role in IT development. We have made some investments in recent years. Now we see that Stora investeringstakten är egentligen bakom oss, men nu har vi en stabilitet i banken, vi har den uppsättning med personer vi vill ha och vi har stärkt organisationen på olika sätt, både kundansvar och regelverksfunktioner. So I think here we have a good platform to continue to grow the bank. And I think we can continue to grow without any major cost increases. So I see very good scale averages from here. Rosengardens stat landar på 407 miljoner, även det har en viss valutaeffekt på cirka 10-12 miljoner. So the ROC status increases by 9% if we adjust for currency effects and 7% with the currency. The EPS increases by 9%, even thou...