Instabank ASA
4.91
NOK
-0.04
(-0.81%)
ISIN
NO0010762792
Return %
Stock
S&P 500
1Y
52.48
14.20
3Y
227.33
81.12
5Y
138.83
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
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in mil. unless spec.Quarterly Dividends Per Share
NOK
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in mil. unless spec.Company Description
- CEO
- Robert Berg
- Full Time Employees
- 57
- Sector
- Finance
- Industry
- Regional banks
- Address
- Drammensveien 175 Oslo PS Norway 0277
- IPO Date
- Oct 3, 2016
- Website
- instabank.no
- Similar Companies
- Business
- Instabank ASA operates as a fully digital challenger bank providing consumer and business financing solutions across the Nordic region and Germany. Founded in 2016 and headquartered in Oslo, Norway, the company offers a range of products including savings accounts such as Sparekonto and Sparekonto Pluss; consumer loans, secured loans, refinancing options, vehicle and boat loans; credit cards; mortgages; payment, car, travel, contents, and dental health insurance; as well as business lending, kassekreditt, growth financing, and B2B finance solutions. Instabank serves private individuals and corporate customers primarily through its website and agents, targeting retail banking segments with fast, intuitive, and flexible digital services in Norway, Finland, Sweden, and Germany. Recent developments include the announcement on May 16, 2025, of the acquisition of a co-mortgage portfolio from an undisclosed Norwegian bank for NOK 2.53 million; expansion of product offerings in Germany in April 2025 to provide simple, transparent financial services beyond the Nordics; a subsequent offering completed in November 2025 with final allocation results; and an intra-group merger plan signed on June 27, 2025, to merge Instabank ASA into its wholly owned Finnish subsidiary Instafin Oy (to be renamed Instabank Finland), pending regulatory approvals from the European Central Bank and Norwegian Financial Supervisory Authority, with completion targeted for the first half of 2026 and a 1:1 share exchange ratio. These initiatives support Instabank's strategic shift toward a Finnish banking license and continued listing on Euronext Growth Oslo. The bank maintains approximately 53 employees and reports trailing twelve-month revenue of NOK 761.47 million and net income of NOK 97.80 million.