Avarda Bank operating profit rises 29% to SEK 297.6 million in July-September 2026 vs year-ago
Bitget2026/10/14 04:30- Avarda Bank posted January–September 2026 operating profit up 30% to SEK 798.2 million; EPS rose 36% to SEK 9.65.
- Cost/income ratio improved to 34.3% from 36.7%; return on equity increased to 26.1% from 22.7%.
- Loans to the public totaled SEK 28.38 billion as of Sept. 30; total capital ratio stood at 15.2% versus Dec. 31, 2025.
- July–September operating profit climbed 29% to SEK 297.6 million; quarterly EPS increased 30% to SEK 3.51.
- CEO Joakim Jansson said rising credit card activity remains a key driver of long-term growth and supports more informed credit decisions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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