Interim Report Jan-Mar 2026 - NOBA Bank Group AB (publ)
NOBA Bank Group AB (publ) Interim Report January – March 2026
FIRST QUARTER OF 2026
(COMPARED WITH THE FIRST QUARTER OF 2025)
- The loan portfolio amounted to SEK 139.2bn (123.9), corresponding to a growth of 12 per cent. The organic growth rate expressed in local currencies amounted to 11 per cent
- Operating profit amounted to SEK 1,330m (1,048), and the adjusted operating profit from core operations¹ amounted to SEK 1,361m (1,124)
- Adjusted core profit for the period attributable to shareholders¹ amounted to SEK 970m (830) and was negatively affected by an unusually high effective tax rate due to accounting-related currency effects
- Return on equity excluding intangible assets and Tier 1 capital instruments (ROTE) was 23.4 per cent (23.9), and the adjusted return from core operations¹ (Core ROTE) was 24.2 per cent (25.9)
"DESPITE A TURBULENT ENVIRONMENT, NOBA CONTINUES TO DEVELOP IN LINE WITH OUR FINANCIAL PLAN."
JACOB LUNDBLAD / CEO
EVENTS DURING THE FIRST QUARTER
On 2 February 2026, all shares in DBT Capital AB were acquired for a cash purchase price of SEK 397m. The acquisition supports NOBA’s previously communicated growth agenda and, through the acquisition, an SME vertical is established.
During the quarter, NOBA carried out a portfolio sale compris-ing non-performing loans in Sweden, with a gross volume of approximately SEK 700m, and with a somewhat positive impact on earnings.
1 Adjusted for transformation costs, amortisation of transaction surplus values and the operating segment “Other”
For further information, please contact:
Patrick MacArthur, CFO
E-post: patrick.macarthur@noba.bank
Rickard Strand, Head of Investor Relations
E-post: ir@noba.bank
Oliver Hofmann, Head of Communications & ESG
E-post: press@noba.bank
About NOBA Bank Group
With a diversified offering through our four brands – Nordax Bank, Bank Norwegian, Svensk Hypotekspension and DBT – and over two million customers, we have the size, knowledge and scalability required to enable financial health for more people. NOBA provides specialized, customer-centric financial offerings that are sustainable for the individual, the SME, the bank and society at large, today and in the future. The NOBA group has over 700 full-time employees and is active in eight markets. As of 26 September 2025, the NOBA share is listed on Nasdaq Stockholm.
Read more about NOBA and our brands at www.noba.bank.