N

Nordnet AB (publ)
STO:SAVE

Watchlist Manager
Nordnet AB (publ)
STO:SAVE
Watchlist
Price: 269.6 SEK -0.07% Market Closed
Market Cap: kr67.5B

Nordnet AB (publ)
Investor Relations

Nordnet AB (publ) is a fascinating entity in the Nordic financial landscape, serving as a digital bridge between individual investors and financial markets. Founded in the heart of Sweden, Nordnet quickly became the go-to for seasoned traders and budding investors alike, seeking a more seamless way to manage their investments. At its core, Nordnet operates as a fintech-driven brokerage platform, offering its clients online trading services across stocks, funds, and ETFs. The company revolutionized the traditional brokerage model by eliminating barriers that had previously restrained retail investors, such as high fees and a lack of transparency. Their innovative platform allows users to access a plethora of investment instruments with real-time data and analytics, making it an indispensable tool for the modern investor aiming to harness market dynamics effectively.

The bedrock of Nordnet's business model lies in its ability to monetize through various streams with customer-centric services at the forefront. Primarily, Nordnet generates revenue from commission fees on trades made by its vast clientele. However, navigating beyond the vanilla trading model, the company also offers premium services, including margin lending, which contributes a significant chunk to its financial coffers. Additionally, Nordnet leverages its platform to provide banking services, such as savings accounts and personal loans, thus rounding out its offerings to meet diverse financial needs. Through its innovative digital-first approach and commitment to empowerment, Nordnet has cemented its position not only as a broker but as a crucial partner in the personal finance journey for many individuals across the Nordics.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2025
Call Date
Apr 24, 2025
AI Summary
Q1 2025

Record Results: Nordnet reported all-time high revenue and profit for Q1 2025, driven by strong performance in the fund and brokerage businesses.

Customer & Savings Growth: The company experienced its strongest customer and net savings growth in four years, with customer numbers up 14% and net savings reaching SEK 25 billion in the quarter.

Trading Surge: Market turbulence led to a 32% increase in trades year-on-year, while trading per customer and income per trade also rose.

Cost Management: Operating expenses rose 15% year-on-year (13% excluding Germany), mainly due to marketing spend; management expects to meet full-year cost guidance of around 8% growth.

Deposits & NII: Deposits increased from SEK 70 billion to nearly SEK 79 billion, but lower interest rates weighed on net interest income, partly offset by increased deposits.

Product Innovation: New features for active traders were launched, including algorithmic order execution and US pre-market trading, with more enhancements planned.

Geographic Expansion: The groundwork for launching in Germany is progressing, with a country manager appointed and platform development underway.

Strong Capital Position: Nordnet maintains a healthy leverage ratio of 5.4%, supporting continued dividends and share buybacks.

Key Financials
Revenue
almost SEK 1.4 billion
Profitability
close to SEK 1 billion
Customer Growth
14% up year-on-year
Savings Capital Growth
9% up year-on-year
Net Savings
SEK 25 billion
Deposits
almost SEK 79 billion
Danish Pension Net Savings
SEK 1.6 billion
Leverage Ratio
5.4%
Dividend Payout Ratio
70% of net earnings
Share Buyback Program
SEK 500 million (concluded)
Earnings Call Recording
Other Earnings Calls
2025
2024
2023

Management

Mr. Lars-Ake Valdemar Norling
Chief Executive Officer
No Bio Available
Mr. Rasmus Jarborg
Deputy CEO & Chief Product Officer
No Bio Available
Mr. Elias Lindholm
Chief Technology Officer
No Bio Available
Mr. Marcus Lindberg
Head of Investor Relations
No Bio Available
Mr. Johan Tidestad LL.M.
Chief Communications Officer
No Bio Available
Ms. Carina Tovi B.Sc. (Econ.)
Chief Human Resources Officer
No Bio Available
Mr. Per Lindberg
CEO Nordnet Pensionsforsakring
No Bio Available

Contacts

Address
STOCKHOLM
Stockholm
Alstromergatan 39
Contacts
+46105833000
nordnetab.com