Risk factor
Significant default risk
Profitability factor
Undervalued vs peers
About
Headquartered in Gothenburg, Sweden, Norion Bank AB, established in 1999 and formerly known as Collector Bank AB until its rebranding in September 2023, delivers comprehensive financial solutions. The bank primarily serves small and medium-sized enterprises (SMEs) alongside individual customers across Sweden, Finland, Norway, and beyond. Its business activities are organized into distinct Corporate, Real Estate, Consumer, and Payments divisions. The institution's diverse product portfolio encompasses various forms of credit, including personal, corporate, real estate, and unsecured loans, in addition to credit card facilities and factoring services. Norion Bank also provides payment processing and checkout systems for both e-commerce and brick-and-mortar retail, along with invoicing and installment payment services for private individuals.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, undervalued on P/RIBP. Editor's not
Target Price
The average target price of NORION.ST is 68.5 and suggests 1.68% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommen