Analysts & Consensus.
Analysts
ABG Sundal Collier: Patrik Brattelius
Phone: +46 8 566 286 64
Email: patrik.brattelius@abgsc.se
Barclays: Michael Sanderson
Phone: +44 (0)203 134 2487
Email: michael.sanderson@barclays.com
Berenberg: Christoph Greulich
Phone: +44 (0) 782 791 0354
Email: christoph.greulich@berenberg.com
Bernstein Autonomous: Ian White
Phone: +44 (0) 207 776 3446
Email: iwhite@autonomous.com
BNP Paribas Exane: Nicolas Vaysselier
Phone: +44 203 430 8600
Email: nicolas.vaysselier@uk.bnpparibas.com
Carnegie: Ermin Keric
Phone: +46 8 5886 8548
Email: ermin.keric@carnegie.se
Citi: Andrew Lowe
Phone: +44 (0) 207 986 4042
Email: andrew.lowe@citi.com
Danske Bank: Kristin Dahlberg
Phone: +46 8 568 805 68
Email: kristin.dahlberg@danskebank.se
DNB: Nicolas McBeath
Phone: +46 8 473 48 61
Email: nicolas.mcbeath@dnb.se
Handelsbanken: Martin Ekstedt
Phone: +46 722 218 625
Email: martin.ekstedt@handelsbanken.se
JP Morgan: Enrico Bolzoni
Phone: +44 789 704 9857
Email: enrico.bolzoni@jpmorgan.com
Pareto Securities: Filip Henriksson
Phone: +46 840 252 84
Email: filip.henriksson@paretosec.com
SEB: Jacob Hesslevik
Phone: +46 704 622 237
Email: jacob.hesslevik@seb.se
UBS: Michael Macnaughton
Phone: +44 207 567 1591
Email: michael.macnaughton@ubs.com
Consensus estimates
Our latest consensus is available to download here.
| SEK million | Q1 2025 | FY 2025 | FY 2026 | FY 2027 |
| Net commission income | 754 | 2,873 | 3,117 | 3,507 |
| Net interest income | 582 | 2,210 | 2,223 | 2,530 |
| Net financial transactions | - | - | - | - |
| Other income | 13 | 49 | 70 | 78 |
| Adjusted total income | 1,354 | 5,105 | 5,410 | 6,028 |
| Adjusted operating expenses | (399) | (1,632) | (1,769) | (1,911) |
| Adjusted operating profit | 954 | 3,449 | 3,576 | 4,075 |
| Statutory operating profit | 954 | 3,449 | 3,576 | 4,075 |
| Statutory net profit | 768 | 2,828 | 2,917 | 3,315 |
| Earnings per share before dilution (SEK) | 3.06 | 11.14 | 11.57 | 13.59 |
| Adjusted earnings per share before dilution (SEK) | 3.06 | 11.20 | 11.60 | 13.42 |
| Dividend per share (SEK) | 7.85 | 8.25 | 9.40 | |
| Return on equity (%) | 39.6% | 40.2% | 44.0% |
The numbers in the table are the median values of the analysts’ estimates
Date: 2025-04-11
Contributors: ABG, Autonomous, Barclays, BNP Paribas Exane, Carnegie, Citi, Danske Bank, DNB, JP Morgan, Pareto Securities, Handelsbanken, SEB, UBS