Report
Morten Larsen ...
  • Patrik Brattelius

BankNordik - Reversals of loan losses behind Q4 beat

Q4’21 operating profit came in 28% above ABGSC Net profit guidance of DKK 130-160m for 2022e Mid-guidance implies a valuation of P/E 10x for 2022
Underlying
BankNordik P/F

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Morten Larsen

Patrik Brattelius

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