Brief: Oma Saastopankki Lowers 2026 Earnings Guidance
BRIEF-Oma Saastopankki Lowers 2026 Earnings Guidance Sept 30 (Reuters) - Oma Saastopankki Oyj OMASP.HE:
SAID ON TUESDAY LOWERS EARNINGS GUIDANCE FOR 2026
CHANGE IS ATTRIBUTABLE TO DECLINING NET INTEREST INCOME FOLLOWING DECREASE IN LOAN PORTFOLIO, SLOWER-THAN-ESTIMATED GROWTH IN FEE AND COMMISSION INCOME
FEE AND COMMISSION INCOME IS ESTIMATED TO GROW MORE SLOWLY THAN ANTICIPATED DUE TO CHANGES IN OPERATING ENVIRONMENT
TENDER OFFER PROCESS IS RESULTING IN UNFORESEEN EXPENSES
NON-PERFORMING LOANS ARE HAVING MORE NEGATIVE IMPACT ON DEVELOPMENT OF IMPAIRMENT LOSSES THAN PREVIOUSLY ESTIMATED
ESTIMATES GROUP'S COMPARABLE PROFIT BEFORE TAXES FOR FINANCIAL YEAR 2026 WILL DECREASE SIGNIFICANTLY COMPARED WITH PREVIOUS FINANCIAL YEAR
PREVIOUS GUIDANCE: GROUP'S COMPARABLE PROFIT BEFORE TAXES FOR FINANCIAL YEAR 2026 WILL DECREASE SLIGHTLY COMPARED WITH REFERENCE PERIOD
Source text: ID:nGNEb0Jrt3
Further company coverage: OMASP.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Oma Saastopankki Oyj
See all newsBrief: S-Bank Announces Final Result Of Subsequent Offer Period For Oma Savings Bank
Brief: Oma Savings Bank: Prelim Result Of Extended Offer Period
Brief: Oma Savings Bank CEO Karri Alameri To Leave Position
Brief: S-Bank To Commence Redemption Proceedings In Respect Of Remaining Minority Shares In Oma Savings Bank
Brief: S-Bank Completes Tender Offer On Oma Saastopankki