NORION: Norion Bank AB (publ) - Summary | Jitta

Norion Bank AB (publ)

SWE:NORION

Price
kr57.00
Loss Chance
43.1%
5.91JITTA SCORE
50.95%Under Jitta Line
Jitta Ranking
6 / 10
14 / 44
190 / 616
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (59)
Recent Business Performance (49)
Financial Strength (66)
Return to Shareholders (59)
Competitive Advantage (77)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Operating MarginExpansion
Return on EquityConsistently High
CapExVery Low
Total DepositConsistent Growth
Net Interest MarginHigh Efficiency
Recent Business PerformanceEarning decline 20.94% in the last quarter (yoy)
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
5.91
50.95%
5.55
30.44%
3.81
64.40%
Diversified Banks
5.86
62.94%
6.24
102.03%
4.17
12.41%
COMPANY DESCRIPTION
Norion Bank AB (publ) provides financial solutions for medium-sized corporates and real estate companies, merchants, and private individuals in Sweden, Germany, Norway, Denmark, Finland, and internationally. It operates through four segments: Corporate, Real estate, Consumer, Payments, and others segments. The company offers corporate loans comprising acquisition financing, bridge financing, revolving credits, and stock financing solutions; invoice factoring, loan factoring, purchase order financing, and export factoring services; and real estate loans, such as acquisition financing, revolving credit facility (RCF), and development credit; unsecured loans; savings accounts; and personal loans and credit cards. It also provides payment and checkout solutions for e-commerce and retail businesses, as well as invoicing and payment by instalment services for private individuals. The company also engages in the provision of active asset management and pension solutions. The company was formerly known as Collector Bank AB and changed its name to Norion Bank AB (publ) in September 2023. Norion Bank AB (publ) was founded in 1999 and is headquartered in Gothenburg, Sweden.