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NOBA Bank Group AB (NOBA.ST)

SEK86.60 +0.00 (+0.00%)
SE STO Financial Services Banks - Diversified
Address Gävlegatan 22 113 30
Stockholm, SE
CEO Carl Jacob Lundblad
Website noba.bank
IPO 2025-09-26
ISIN SE0023135298

Explore sections of this company profile

Description

Established in 2003 and headquartered in Stockholm, Sweden, NOBA Bank Group AB (publ) offers diverse financial and banking solutions. The group caters to retail customers across eight European nations, specifically Sweden, Norway, Finland, Denmark, Germany, Spain, Ireland, and the Netherlands. Its comprehensive suite of services includes personal loans, credit cards, specialized and equity release mortgages, international lending, and deposit accounts. NOBA operates under three distinct brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension. The company was previously known as Nordax Bank AB (publ) before adopting its present name in June 2023.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK86.60 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
414.1K
Beta
0.51
Float Shares
461.26M
Free Float %
92.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.51% -8.53% -9.27% -18.18% -20.51% -33.69% -13.95% -13.95% -13.95% -13.95% -13.95%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
86.60
DCF (Unlevered) 136.28 +57.4%
DCF (Levered) 143.34 +65.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 78% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 6 +1
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.52
Distress
Piotroski F-Score
5 / 9
Average
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
  • Revenue growth
    +5.1% Q1'26: +4.0% (vs Q1'25)
  • EPS growth
    +70.5% Q1'26: +22.1% (vs Q1'25)
  • FCF margin
    Q1'26: +15.2% (vs Q1'25)
  • EBIT margin
    Q1'26: +33.7% (vs Q1'25)
  • ROIC
    Q1'26: +7.3% (vs Q1'25)
  • Share dilution
    +0.1% Q1'26: +0.3% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 5.55× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.53) × ERP
WACC = 59% × Ke + 41% × Kd (13.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 136.28 Current price: 86.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2025
actual
Dec 2026
8 Rev. Ana.
8 EPS Ana.
Dec 2027
9 Rev. Ana.
8 EPS Ana.
Dec 2028
3 Rev. Ana.
7 EPS Ana.
Dec 2029
4 Rev. Ana.
6 EPS Ana.
Revenue
15.17B
est: 11.34B (+33.7%)
12.47B
12.23B – 12.68B
+9.9% YoY
13.90B
13.43B – 14.46B
+11.5% YoY
15.41B
15.00B – 15.86B
+10.9% YoY
17.04B
16.58B – 17.53B
+10.6% YoY
EBITDA
4.61B
est: 5.74B (-19.7%)
6.31B
6.19B – 6.42B
+9.9% YoY
7.04B
6.80B – 7.32B
+11.5% YoY
7.80B
7.59B – 8.03B
+10.9% YoY
8.62B
8.39B – 8.87B
+10.6% YoY
EBIT
4.61B
est: 6.00B (-23.2%)
6.60B
6.47B – 6.71B
+9.9% YoY
7.36B
7.11B – 7.65B
+11.5% YoY
8.16B
7.94B – 8.39B
+10.9% YoY
9.02B
8.77B – 9.28B
+10.6% YoY
Net Income
3.41B
est: 3.62B (-5.8%)
4.35B
4.02B – 4.58B
+20.0% YoY
5.09B
4.54B – 5.70B
+17.2% YoY
5.78B
5.58B – 6.00B
+13.6% YoY
6.86B
6.62B – 7.11B
+18.5% YoY
SGA
1.88B
est: 2.23B (-16.0%)
2.46B
2.41B – 2.50B
+9.9% YoY
2.74B
2.64B – 2.85B
+11.5% YoY
3.04B
2.95B – 3.12B
+10.9% YoY
3.36B
3.27B – 3.45B
+10.6% YoY
EPS
6.82
est: 7.24 (-5.8%)
8.68
8.03 – 9.16
+20.0% YoY
10.18
9.08 – 11.39
+17.2% YoY
11.56
11.16 – 12.00
+13.6% YoY
13.70
13.22 – 14.22
+18.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B+ 3/5 4/5 4/5 5/5 2/5 2/5 1/5
2026-05-07 B+ 3/5 4/5 4/5 5/5 2/5 2/5 1/5
2026-05-06 B+ 3/5 4/5 4/5 5/5 2/5 2/5 1/5
2026-05-05 B+ 3/5 4/5 4/5 5/5 2/5 2/5 1/5
2026-05-04 B+ 3/5 4/5 4/5 5/5 2/5 2/5 1/5
2026-04-30 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-29 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-28 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-27 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-24 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-23 B+ 3/5 5/5 4/5 5/5 1/5 2/5 1/5
2026-04-22 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-21 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-20 B 3/5 4/5 4/5 5/5 1/5 2/5 1/5
2026-04-17 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.08B
OE per share TTM
4.15
Owner's Yield
5.11%
Maintenance CapEx ratio
6.03%
Maint CapEx / Avg PPE
1.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 44 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.11% 868.4K 0.30%
2 iShares MSCI Europe Small-Cap ETF IEUS 0.10% 176.1K 0.41%
3 Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L 0.09% 3.11M 0.30%
4 Schwab International Small-Cap Equity ETF SCHC 0.06% 3.21M 0.06%
5 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.04% 98.3K 0.83%
6 iShares MSCI EAFE Small-Cap ETF SCZ 0.04% 5.92M 0.40%
7 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.03% 4.83M 0.06%
8 Goldman Sachs MSCI World Private Equity Return Tracker ETF GTPE 0.02% 7.3K 0.50%
9 Vanguard MSCI International Small Cos Index ETF VISM.AX 0.02% 106.6K 0.32%
10 iShares MSCI World Small-Cap ETF WSML 0.01% 95.5K 0.30%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.59M
Shares Outstanding
500.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Carl Jacob Lundblad Chief Executive Officer 9M male
Elin Oberg Shaya Chief Compliance Officer
Kristina Tham Nordlind Chief Legal Counsel female
Malin Frick Chief People Officer female
Malin Jönsson Chief Operating Officer female
Mats Lagerqvist Co-Founder & Data Scientist Manager male
Matthias Frost Chief Legal Officer
Oliver Hofmann Head of Communication & ESG
Patrick MacArthur Chief Financial Officer male
Rickard Strand Head of Investor Relations
Adam Wiman Chief Technology Officer male
Samer Samir Head of Sales male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits