Norion Bank AB
SSTO:NORION64.80
SEK
+2.20
(+3.51%)
ISIN
SE0017831795
Return %
Stock
S&P 500
1Y
5.71
14.20
3Y
71.88
81.12
5Y
49.45
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
SEK
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Martin Nossman
- Full Time Employees
- 467
- Sector
- Finance
- Industry
- Major banks
- Address
- Lilla Bommens Torg 11 Gothenburg VG Sweden 411 09
- IPO Date
- Aug 15, 2022
- Website
- collector.se
- Similar Companies
- Business
- Norion Bank AB (publ) (NORION.ST) is a niche financing bank providing customized financial solutions to medium-sized corporates, real estate companies, merchants, and private individuals primarily in the Nordic region. The bank operates through four segments: Corporate, Real Estate, Consumer, and Payments; it offers corporate loans including acquisition financing, bridge financing, revolving credits, and stock financing; invoice factoring, loan factoring, purchase order financing, and export factoring; real estate loans for residential properties, offices, and industrial properties; unsecured loans; savings accounts; personal loans and credit cards under the Collector brand; and payment and checkout solutions including invoicing and installment payments under the Walley brand. Norion Bank conducts operations in Sweden, Germany, Norway, Denmark, Finland, and internationally, with headquarters in Gothenburg, Sweden, where it was founded in 1999; formerly known as Collector Bank AB, it changed its name to Norion Bank AB (publ) in September 2023. Recent developments include the completion of the acquisition of Verkkokauppa.com's consumer financing business in September 2025, adding a SEK 350 million credit portfolio and expanding Walley's position in Finland; the acquisition of DNB Sweden's credit card portfolio in April 2025, contributing SEK 650 million in credit volume to the Consumer segment; a Tier 2 capital issuance of SEK 500 million in September 2025; and a completed SEK 500 million share buyback program during the third quarter of 2025, alongside plans for a new buyback of up to SEK 500 million pending regulatory approval. The bank's loan portfolio reached SEK 49.05 billion at the end of the third quarter of 2025, with deposits rising 20% year-over-year, reflecting growth in the Payments segment by 23% and Consumer segment by 11%.