Norway's B2 Impact Q1 profit rises on higher unsecured collections

B2 Impact ASA

21/05/2026 06:11

Overview

Norway debt management firm's Q1 adjusted EPS rose 53% yr/yr to NOK 0.56

Adjusted net profit climbed to NOK 208 mln, cash collections and revenues increased

Company invested NOK 742 mln in new portfolios, mainly unsecured, during the quarter

Outlook

B2 Impact expects 2026 investments of at least NOK 3.5 bln

Company says market for portfolio investments continues to offer attractive opportunities

B2 Impact says it is ahead of schedule to deliver targeted EPS and dividend growth for 2026

Result Drivers

UNSECURED COLLECTIONS - Higher unsecured collections offset lower secured collections, supporting revenue and cash collections growth

PORTFOLIO INVESTMENTS - NOK 742 mln invested in new portfolios, mainly unsecured, contributed to performance

CREDIT RATING UPGRADE - Improved credit rating to BB attributed to strong financial performance, per CEO

Company press release: ID:nMFN9m31lR

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
NOK 0.56
Q1 EPS
NOK 0.56
Q1 Adjusted Net Income
NOK 208 mln
Q1 Adjusted EBITDA
NOK 1.006 bln
NOK 1.01 bln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "buy"

Wall Street's median 12-month price target for B2 Impact ASA is NOK27.00, about 14.9% above its May 20 closing price of NOK23.50

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)