ABG Sundal Collier Holding ASA
OSE:ABG
ABG Sundal Collier Holding ASA
ABG Sundal Collier Holding ASA engages in the provision of investment banking, stock broking and corporate advisory services. The company is headquartered in Oslo, Oslo and currently employs 311 full-time employees. The Bank provides a range of services to institutional investors and high net-worth individuals (HNWI). Its activities are divided into two divisions: Markets and Investment Banking. The Markets division offers a platform, which delivers financial services, including brokerage, trading and execution of equities, bonds, convertible bonds, derivatives, structured products and foreign exchange (FX). The Investment Banking segment provides corporate advisory, as well as supports a range of corporate transactions within Equity Capital Markets (ECM), Debt Capital Markets (DCM) and Mergers and Acquisitions (M&A), among others. The Bank operates in Norway, Sweden, Denmark, the United Kingdom, the United States and Germany. Furthermore, it is a parent of ABG Sundal Collier ASA, Sandberggarden AS, ABG Sundal Collier Eiendom AS, Lagerselskapet Holding AS, and ABG Sundal Collier Inc, among others.
ABG Sundal Collier Holding ASA engages in the provision of investment banking, stock broking and corporate advisory services. The company is headquartered in Oslo, Oslo and currently employs 311 full-time employees. The Bank provides a range of services to institutional investors and high net-worth individuals (HNWI). Its activities are divided into two divisions: Markets and Investment Banking. The Markets division offers a platform, which delivers financial services, including brokerage, trading and execution of equities, bonds, convertible bonds, derivatives, structured products and foreign exchange (FX). The Investment Banking segment provides corporate advisory, as well as supports a range of corporate transactions within Equity Capital Markets (ECM), Debt Capital Markets (DCM) and Mergers and Acquisitions (M&A), among others. The Bank operates in Norway, Sweden, Denmark, the United Kingdom, the United States and Germany. Furthermore, it is a parent of ABG Sundal Collier ASA, Sandberggarden AS, ABG Sundal Collier Eiendom AS, Lagerselskapet Holding AS, and ABG Sundal Collier Inc, among others.
Strong Quarter: The company delivered its second highest Q3 revenue ever, with strong operational leverage and EPS growth.
Revenue Growth: Q3 revenues grew 21% year-over-year to NOK 476 million, with broad contribution from products, geographies, and sectors.
EPS Surge: Earnings per share for the quarter rose 56% to NOK 0.14 from NOK 0.09 last year.
Market Leadership: Stockholm led Europe in IPO listings year-to-date, with company optimism about Swedish IPO pipeline.
M&A and DCM Strength: M&A revenues grew over 40% in Q3, and debt capital markets hit record activity levels.
Continued Investments: Expansion into Private Banking and alternative investments is seeing strong client onboarding, aiming to diversify revenue.
Stable Costs & Headcount: Operating costs rose 11% year-to-date, mainly due to higher revenues and variable compensation; headcount remained flat.
