Q3-osavuosiraportti
10 päivää sitten‧26 min
0,40 NOK/osake
Viimeisin osinko
2,94 %Tuotto/v
Tarjoustasot
Oslo Børs
Määrä
Osto
2 000
Myynti
Määrä
2 000
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 30 | - | - | ||
| 644 | - | - | ||
| 249 | - | - | ||
| 908 | - | - | ||
| 275 | - | - |
Ylin
13,85VWAP
Alin
13,45VaihtoMäärä
3,8 284 251
VWAP
Ylin
13,85Alin
13,45VaihtoMäärä
3,8 284 251
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2024 Ylimääräinen yhtiökokous | 25.11. |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3-osavuosiraportti | 6.11. | |
| 2025 Q2-osavuosiraportti | 14.8. | |
| 2025 Ylimääräinen yhtiökokous | 4.6. | |
| 2025 Q1-osavuosiraportti | 8.5. | |
| 2024 Yhtiökokous | 10.4. |
Datan lähde: Millistream, Quartr
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·2 päivää sittenUSA continues down this afternoon. Where will MOBA bottom out??
·1 t sittenAt the very bottom, you see the upside for MOBA, versus Insta. Ample capital flexibility MOBA's profitability in the third quarter was in line with our expectations. As the process for Sweden approaches completion, the bank remains confident in its growth prospects with an ambition to grow >10 % per year until 2028E. Our EPS revisions for 2026–27E are mixed (-4 %/+3 %) as higher growth is offset by OPEX and NIM revisions. We consider this well supported by high organic growth (>10 %) and distribution potential (10–12 % yield), with further upside for capital deployment if inorganic opportunities arise. We reiterate Buy, TP up to NOK 17 (16.5); 10.6 x P/E'27E and 9 % average return in 25–27E. Q3'25: Profitability in line – Growth more than expected Morrow Bank reported a net profit of NOK 67 million (EPS NOK 0.29), in line with our expectations, as lower net interest income (-3 %) and higher operating expenses (OPEX) (+4 %, NOK 3 million) were offset by lower loan losses than expected. Gross loans increased by 6.6 % (versus 2.0 %), equivalent to NOK 1.1 billion quarter-on-quarter, aided by the recently launched refinancing product in Norway. As discussed in the management call, growth was skewed towards the end of the quarter, with September being the strongest month for growth, which bodes well for momentum into the fourth quarter. Operating expenses of NOK 95 million were NOK 3 million higher than expected, while loan losses of 393 basis points were well below our estimate of 430 basis points. In total, a net profit of NOK 67 million and an EPS of NOK 0.29 were as expected. Raising ambitions for loan growth – Mixed EPS revisions for 26-27E Following a quarter of strong growth, and as the capital release according to Swedish requirements approaches, the bank raised its ambitions for organic loans to NOK 19 billion (versus NOK 18 billion) for 2026-2028 and 2028-2028 to NOK 24 billion, implying >10 % annual loan growth. We take into account the stronger growth in the third quarter for 2025-2027 and raise our loan growth estimates to 12.6–9.3 % for 2026–2027, up from previous 7.8–7.0 %. As capital allocation priorities are i) organic growth, ii) portfolio acquisitions and mergers and acquisitions, iii) distributions to shareholders, we reduce the dividend expectation for 2025-2025 to NOK 1.50 (from 3.0), but raise the DPS result for 2026–2027 to NOK 1.40–1.60 (0.75–1.00). We now thus expect NOK 4.50 in payouts for '25-27E, compared to NOK 4.75 previously. Some of the upward adjustments to growth estimates are offset by lower net interest margin (NIM) and operating expense (OPEX) revisions. Overall, we cut earnings per share (EPS) for '26E by 4 % and increase earnings per share (EPS) for '27E by 3 %. High potential for both growth and distribution – Buy TP NOK 17 (16.5) We have raised loan growth estimates driven by the promising development in the third quarter, and as the bank yesterday announced higher ambitions for organic growth, this shows where capital deployment will be prioritized. With an expected capacity of NOK 630 million in relation to current Common Equity Tier 1 (CET1) capital requirements which will increase to ~NOK 1 billion under Swedish requirements, we find the investment case well supported by a potential for organic loan growth of >10 %, dividend yield of 10–12 % and prospects for further excess capital. We reiterate "Buy" and "Target Price" up to NOK 17 (23 % upside, most among MOBA, INSTA, LEA), which means 12.2–10.6 x P/E'26–27E and dividend yield of 8.2–9.4 %- ·2 päivää sittenRead this when negative thoughts take over 🤣🤣 Have a good weekend! 🥂🍾 https://h2invest.mailmojo.no/e/m/c/518731/95d77530/yPgjZJcB8UmKDXGtK6EZ9SM1/
- ·2 päivää sittenWhat closing price do we expect? Yesterday, approximately 250,000 shares were sold in the closing call. At the day's low.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset ja analyysit
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Q3-osavuosiraportti
10 päivää sitten‧26 min
0,40 NOK/osake
Viimeisin osinko
2,94 %Tuotto/v
Uutiset ja analyysit
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·2 päivää sittenUSA continues down this afternoon. Where will MOBA bottom out??·1 t sittenAt the very bottom, you see the upside for MOBA, versus Insta. Ample capital flexibility MOBA's profitability in the third quarter was in line with our expectations. As the process for Sweden approaches completion, the bank remains confident in its growth prospects with an ambition to grow >10 % per year until 2028E. Our EPS revisions for 2026–27E are mixed (-4 %/+3 %) as higher growth is offset by OPEX and NIM revisions. We consider this well supported by high organic growth (>10 %) and distribution potential (10–12 % yield), with further upside for capital deployment if inorganic opportunities arise. We reiterate Buy, TP up to NOK 17 (16.5); 10.6 x P/E'27E and 9 % average return in 25–27E. Q3'25: Profitability in line – Growth more than expected Morrow Bank reported a net profit of NOK 67 million (EPS NOK 0.29), in line with our expectations, as lower net interest income (-3 %) and higher operating expenses (OPEX) (+4 %, NOK 3 million) were offset by lower loan losses than expected. Gross loans increased by 6.6 % (versus 2.0 %), equivalent to NOK 1.1 billion quarter-on-quarter, aided by the recently launched refinancing product in Norway. As discussed in the management call, growth was skewed towards the end of the quarter, with September being the strongest month for growth, which bodes well for momentum into the fourth quarter. Operating expenses of NOK 95 million were NOK 3 million higher than expected, while loan losses of 393 basis points were well below our estimate of 430 basis points. In total, a net profit of NOK 67 million and an EPS of NOK 0.29 were as expected. Raising ambitions for loan growth – Mixed EPS revisions for 26-27E Following a quarter of strong growth, and as the capital release according to Swedish requirements approaches, the bank raised its ambitions for organic loans to NOK 19 billion (versus NOK 18 billion) for 2026-2028 and 2028-2028 to NOK 24 billion, implying >10 % annual loan growth. We take into account the stronger growth in the third quarter for 2025-2027 and raise our loan growth estimates to 12.6–9.3 % for 2026–2027, up from previous 7.8–7.0 %. As capital allocation priorities are i) organic growth, ii) portfolio acquisitions and mergers and acquisitions, iii) distributions to shareholders, we reduce the dividend expectation for 2025-2025 to NOK 1.50 (from 3.0), but raise the DPS result for 2026–2027 to NOK 1.40–1.60 (0.75–1.00). We now thus expect NOK 4.50 in payouts for '25-27E, compared to NOK 4.75 previously. Some of the upward adjustments to growth estimates are offset by lower net interest margin (NIM) and operating expense (OPEX) revisions. Overall, we cut earnings per share (EPS) for '26E by 4 % and increase earnings per share (EPS) for '27E by 3 %. High potential for both growth and distribution – Buy TP NOK 17 (16.5) We have raised loan growth estimates driven by the promising development in the third quarter, and as the bank yesterday announced higher ambitions for organic growth, this shows where capital deployment will be prioritized. With an expected capacity of NOK 630 million in relation to current Common Equity Tier 1 (CET1) capital requirements which will increase to ~NOK 1 billion under Swedish requirements, we find the investment case well supported by a potential for organic loan growth of >10 %, dividend yield of 10–12 % and prospects for further excess capital. We reiterate "Buy" and "Target Price" up to NOK 17 (23 % upside, most among MOBA, INSTA, LEA), which means 12.2–10.6 x P/E'26–27E and dividend yield of 8.2–9.4 %
- ·2 päivää sittenRead this when negative thoughts take over 🤣🤣 Have a good weekend! 🥂🍾 https://h2invest.mailmojo.no/e/m/c/518731/95d77530/yPgjZJcB8UmKDXGtK6EZ9SM1/
- ·2 päivää sittenWhat closing price do we expect? Yesterday, approximately 250,000 shares were sold in the closing call. At the day's low.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
2 000
Myynti
Määrä
2 000
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 30 | - | - | ||
| 644 | - | - | ||
| 249 | - | - | ||
| 908 | - | - | ||
| 275 | - | - |
Ylin
13,85VWAP
Alin
13,45VaihtoMäärä
3,8 284 251
VWAP
Ylin
13,85Alin
13,45VaihtoMäärä
3,8 284 251
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2024 Ylimääräinen yhtiökokous | 25.11. |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3-osavuosiraportti | 6.11. | |
| 2025 Q2-osavuosiraportti | 14.8. | |
| 2025 Ylimääräinen yhtiökokous | 4.6. | |
| 2025 Q1-osavuosiraportti | 8.5. | |
| 2024 Yhtiökokous | 10.4. |
Datan lähde: Millistream, Quartr
Q3-osavuosiraportti
10 päivää sitten‧26 min
Uutiset ja analyysit
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2024 Ylimääräinen yhtiökokous | 25.11. |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3-osavuosiraportti | 6.11. | |
| 2025 Q2-osavuosiraportti | 14.8. | |
| 2025 Ylimääräinen yhtiökokous | 4.6. | |
| 2025 Q1-osavuosiraportti | 8.5. | |
| 2024 Yhtiökokous | 10.4. |
Datan lähde: Millistream, Quartr
0,40 NOK/osake
Viimeisin osinko
2,94 %Tuotto/v
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·2 päivää sittenUSA continues down this afternoon. Where will MOBA bottom out??·1 t sittenAt the very bottom, you see the upside for MOBA, versus Insta. Ample capital flexibility MOBA's profitability in the third quarter was in line with our expectations. As the process for Sweden approaches completion, the bank remains confident in its growth prospects with an ambition to grow >10 % per year until 2028E. Our EPS revisions for 2026–27E are mixed (-4 %/+3 %) as higher growth is offset by OPEX and NIM revisions. We consider this well supported by high organic growth (>10 %) and distribution potential (10–12 % yield), with further upside for capital deployment if inorganic opportunities arise. We reiterate Buy, TP up to NOK 17 (16.5); 10.6 x P/E'27E and 9 % average return in 25–27E. Q3'25: Profitability in line – Growth more than expected Morrow Bank reported a net profit of NOK 67 million (EPS NOK 0.29), in line with our expectations, as lower net interest income (-3 %) and higher operating expenses (OPEX) (+4 %, NOK 3 million) were offset by lower loan losses than expected. Gross loans increased by 6.6 % (versus 2.0 %), equivalent to NOK 1.1 billion quarter-on-quarter, aided by the recently launched refinancing product in Norway. As discussed in the management call, growth was skewed towards the end of the quarter, with September being the strongest month for growth, which bodes well for momentum into the fourth quarter. Operating expenses of NOK 95 million were NOK 3 million higher than expected, while loan losses of 393 basis points were well below our estimate of 430 basis points. In total, a net profit of NOK 67 million and an EPS of NOK 0.29 were as expected. Raising ambitions for loan growth – Mixed EPS revisions for 26-27E Following a quarter of strong growth, and as the capital release according to Swedish requirements approaches, the bank raised its ambitions for organic loans to NOK 19 billion (versus NOK 18 billion) for 2026-2028 and 2028-2028 to NOK 24 billion, implying >10 % annual loan growth. We take into account the stronger growth in the third quarter for 2025-2027 and raise our loan growth estimates to 12.6–9.3 % for 2026–2027, up from previous 7.8–7.0 %. As capital allocation priorities are i) organic growth, ii) portfolio acquisitions and mergers and acquisitions, iii) distributions to shareholders, we reduce the dividend expectation for 2025-2025 to NOK 1.50 (from 3.0), but raise the DPS result for 2026–2027 to NOK 1.40–1.60 (0.75–1.00). We now thus expect NOK 4.50 in payouts for '25-27E, compared to NOK 4.75 previously. Some of the upward adjustments to growth estimates are offset by lower net interest margin (NIM) and operating expense (OPEX) revisions. Overall, we cut earnings per share (EPS) for '26E by 4 % and increase earnings per share (EPS) for '27E by 3 %. High potential for both growth and distribution – Buy TP NOK 17 (16.5) We have raised loan growth estimates driven by the promising development in the third quarter, and as the bank yesterday announced higher ambitions for organic growth, this shows where capital deployment will be prioritized. With an expected capacity of NOK 630 million in relation to current Common Equity Tier 1 (CET1) capital requirements which will increase to ~NOK 1 billion under Swedish requirements, we find the investment case well supported by a potential for organic loan growth of >10 %, dividend yield of 10–12 % and prospects for further excess capital. We reiterate "Buy" and "Target Price" up to NOK 17 (23 % upside, most among MOBA, INSTA, LEA), which means 12.2–10.6 x P/E'26–27E and dividend yield of 8.2–9.4 %
- ·2 päivää sittenRead this when negative thoughts take over 🤣🤣 Have a good weekend! 🥂🍾 https://h2invest.mailmojo.no/e/m/c/518731/95d77530/yPgjZJcB8UmKDXGtK6EZ9SM1/
- ·2 päivää sittenWhat closing price do we expect? Yesterday, approximately 250,000 shares were sold in the closing call. At the day's low.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
2 000
Myynti
Määrä
2 000
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 30 | - | - | ||
| 644 | - | - | ||
| 249 | - | - | ||
| 908 | - | - | ||
| 275 | - | - |
Ylin
13,85VWAP
Alin
13,45VaihtoMäärä
3,8 284 251
VWAP
Ylin
13,85Alin
13,45VaihtoMäärä
3,8 284 251
Välittäjätilasto
Dataa ei löytynyt