Finland's Aktia Bank Q4 operating income down 4% yr/yr

Aktia Bank Abp

05/02/2026 06:11

Overview

Finland financial group's Q4 operating income falls 4% yr/yr

Net interest income decreased 8% due to lower market rates

Company reports EUR 70.1 mln impairment related to Taaleri acquisition

Outlook

Aktia expects 2026 operating profit to match 2025's EUR 106.0 mln

Company sees higher commission income but lower banking results in 2026

Aktia forecasts lower credit losses but rising operating expenses in 2026

Result Drivers

NET INTEREST INCOME - Decreased by 8% due to lower market rates, affecting overall revenue

LIFE INSURANCE INCOME - Increased by 24% due to favorable market conditions and good development in risk and unit-linked insurance

CREDIT LOSSES - Increased to EUR 5.9 mln mainly due to one individual counterpart, with overall moderate risk level

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-EUR 0.68
Q4 Net Interest Income
EUR 34.90 mln
Q4 CET1 Capital Ratio
12.60%
Q4 Net Commission Income
EUR 32.30 mln
Q4 Operating Income
EUR 75.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "hold"

Wall Street's median 12-month price target for Aktia Bank Abp is €12.30, about 1.4% below its February 4 closing price of €12.48

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nWkr3VrwFw

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)