Why Norion Bank stock moves
Norion Bank fell clearly without a company-news explanation.
Written after the close on ·
Why today
23,456 news analyzed todayNorion Bank fell clearly without a company-news explanation.
Over the last five trading days it rose slightly, while OMX Stockholm 30 rose slightly too, so the stock moved more than the market.
The shares sit well above their lowest close of the past year but below their highest.
Stock moves like this often reflect general market mood and investor positioning when no company news is present.
Today's move of −1.76% was 1.9 times a normal day's 0.9%. OMX Stockholm 30 moved −0.32% on the same day.
Norion Bank −1.76%OMX Stockholm 30 −0.32%A little weaker than the market
What analysts expect, and how often they have been right
Analysts’ estimates for Norion Bank.
Norion Bank earned more than expected in 4 out of 8 reports.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 8 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 66.70 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 2.06 SEK. For the current fiscal year, expected earnings per share changed from 7.21 SEK three months ago to 7.58 SEK now. 2026 estimate: 7.58 SEK. 2027 estimate: 9.09 SEK. One analyst made the estimate for the quarter. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. August 28: Buy about 100 thousand SEK. August 17: Buy about 201 thousand SEK. August 12: Buy about 332 thousand SEK. August 10: Buy about 165 thousand SEK. August 4: Buy about 4.5 m SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +89% and earnings per share +17%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 11.5 bn SEKRevenue 2025: 3.7 bn SEK
What the key figures say about Norion Bank
The figures connect what Norion Bank earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 5.34 SEK–7.12 SEK. Peers: Aktia Pankki 0.13 EUR, SpareBank 1 Nord-Norge 13.96 NOK. 2026 estimate: 7.58 SEK (7.25 SEK–7.91 SEK). 2027 estimate: 9.09 SEK (8.90 SEK–9.27 SEK).
What the company sold during the year.
2022–2025: 3.2 bn SEK–3.7 bn SEK. Peers: Aktia Pankki 289 m EUR, SpareBank 1 Nord-Norge 6.1 bn NOK. 2026 estimate: 4.0 bn SEK (4.0 bn SEK–4.0 bn SEK). 2027 estimate: 4.3 bn SEK (4.3 bn SEK–4.3 bn SEK).
Profit as a percentage of shareholders’ money in the company.
2022–2025: 13.8%–15.5%. Peers: Aktia Pankki 1.8%, SpareBank 1 Nord-Norge 15.3%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 6.0–9.7. Peers: Aktia Pankki 89.8, SpareBank 1 Nord-Norge 13.0. 2026 estimate: 8.8. 2027 estimate: 7.3.
What investors pay for each unit the company sells.
2022–2025: 2.06–3.50. Peers: Aktia Pankki 2.98, SpareBank 1 Nord-Norge 2.99. 2026 estimate: 2.89. 2027 estimate: 2.68.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.83–1.31. Peers: Aktia Pankki 1.32, SpareBank 1 Nord-Norge 0.93.
Cash left after investments, divided by the number of shares.
2022–2025: -0.87 SEK–11.22 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 13.5%–15.4%.
More about Norion Bank
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- David Lundqvist Ingvarsson, senior executiveBuyabout 100 thousand SEK
- Erik Rombin, senior executiveBuyabout 201 thousand SEK
- Andreas Moritz, senior executiveBuyabout 332 thousand SEK
- Andreas Moritz, senior executiveBuyabout 165 thousand SEK
- Erik Selin, chair (closely associated)Buyabout 4.5 m SEK
Earnings report
On its last 16 report days Norion Bank usually moved about 5.4%. On a normal day it moves 0.9%.
+3.51% Why? −13.93% −5.40% −13.86%
10,000 SEK in Norion Bank bought on August 15, 2022 is worth 17,600 SEK today, with dividends reinvested.
The same amount in OMX Stockholm 30 with dividends would have become 18,100 SEK.
What would 10,000 SEK in Norion Bank be worth today? →
What would 10,000 SEK in Norion Bank be worth today?
17,600 SEK
with dividends reinvested, bought on August 15, 2022. The same amount in OMX Stockholm 30 with dividends would have become 18,100 SEK.
At worst it was worth 6,380 SEK (October 13, 2022).
The five biggest days of the journey
· +16.5% · the whole market rose 4.8% the same day
· −13.9% · the whole market fell 0.1% the same day · report day
· −13.9% · the whole market fell 0.9% the same day · report day
· +12.1% · the whole market fell 0.4% the same day · report day
· −11.5% · the whole market rose 0.3% the same day
Earlier days
+1.99% market −0.11% Norion Bank rose slightly over the week while the broader market was roughly flat. Read →
Norion Bank rose slightly over the week while the broader market was roughly flat.
The move was ordinary in size, and the main company news was a share capital reduction, where the bank cancelled 16,993,100 shares it had bought back, leaving the total at 172,789,434.
Shares that are cancelled leave fewer shares outstanding, which can lift the value of each remaining share.
+2.41% market +0.83% Norion Bank rose sharply without a company-news explanation. Read →
Norion Bank rose sharply without a company-news explanation.
Over the last five trading days it rose clearly, while the OMX Stockholm 30 rose only slightly, so it moved well ahead of the market.
Trading was heavier than usual, which often means many investors were active at once.
The shares are still well below their highest close of the past year, reached in late December.
+0.46% market +0.48% Norion Bank rose, in line with the market. Read →
Norion Bank rose, in line with the market.
Over the past five trading days it rose clearly, more than the wider market.
The last session's move was an ordinary one for the stock, with no clear company news explaining it.
A shareholder disclosure dated 2 November showed Erik Selin Fastigheter AB holding about 26.9% of the shares, a large but routine filing.
The past week's stronger rise was likely helped by a positive sector backdrop and a reduced share count after the 16.99 million treasury shares were cancelled, which can lift per-share value.
+2.83% market +3.01% Norion Bank rose clearly over the week, moving in line with the broader market. Read →
Norion Bank rose clearly over the week, moving in line with the broader market.
Its latest session saw a slight dip, a bit more than the market's own slight fall.
The week's main company news was a share capital reduction, where 16,993,100 treasury shares bought back under this year's programmes were cancelled, leaving the total at 172,789,434.
Strong third-quarter results on 22 October, beating expectations, came before this week and likely kept sentiment supportive.
+0.76% market +0.41% Norion Bank rose with the market. Read →
Norion Bank rose with the market.
It moved more than the market, which rose slightly over the same day.
Over the last five trading days the shares rose slightly, but less than the market, which rose sharply.
Last session's move was within the stock's usual daily range, an ordinary day for Norion Bank.
+2.05% market +0.96% Norion Bank rose clearly, without company news. Read →
Norion Bank rose clearly, without company news.
No company news from the last session explains it, so the move looks mainly market-driven and partly tied to the earlier strong quarterly report and buyback plans.
Over the last five trading days, Norion Bank rose clearly while the broader OMX Stockholm 30 was roughly flat.
Trading volume was well below its usual level, so the move happened on thin trading.
−1.85% market +0.41% Norion Bank fell, moving against a market that rose slightly. Read →
Norion Bank fell, moving against a market that rose slightly.
Norion Bank fell clearly while OMX Stockholm 30 rose slightly, so the stock moved against the market.
Analyst SB1 raised its target price, the share price it sees as fair, after the strong report, which is likely why the fall looks out of step with the news.
ABG Sundal Collier raised its target price to SEK 71 and kept its hold rating, meaning it advises neither buying nor selling.
Trading was about twice a normal day, so the move happened on heavy activity.
+4.78% market −3.67% Norion Bank rose clearly over the week, moving against a weaker market. Read →
Norion Bank rose clearly over the week, moving against a weaker market.
The main driver was its strong third-quarter report, which beat expectations, with operating profit (the money made from core business before tax) rising.
Analysts reacted: ABG Sundal Collier raised its price target, the share price it sees as fair, while keeping a hold rating.
Next, watch for the buyback's start and the bank's next report.
+3.51% market −2.51% Norion Bank rose sharply after its quarterly report and buyback plan. Read →
Norion Bank rose sharply after its quarterly report and buyback plan.
Norion Bank rose sharply on its latest report day, that day.
A buyback means the company buys its own shares, which often supports the price.
Over the same days, the OMX Stockholm 30 index fell sharply, so Norion Bank moved against the market.
Learn more · Why do stocks go up and down?