Norion Bank AB (publ) provides financial solutions for medium-sized corporates and real estate companies, merchants, and private individuals in Sweden, Germany, Norway, Denmark, Finland, and internationally. It operates through four segments: Corporate, Real estate, Consumer, and Payments segments. The company offers corporate loans comprising acquisition financing, bridge financing, revolving credits, and stock financing solutions; invoice factoring, loan factoring, purchase order financing, and export factoring services; and real estate loans for residential properties, as well as offices and industrial properties; unsecured loans; savings accounts; and personal loans and credit cards. It also provides payment and checkout solutions for e-commerce and retail businesses, as well as invoicing and payment by instalment services for private individuals. The company was formerly known as Collector Bank AB and changed its name to Norion Bank AB (publ) in September 2023. Norion Bank AB (publ) was founded in 1999 and is headquartered in Gothenburg, Sweden.
Metrics to compare | NORION | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipNORIONPeersSector | |
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P/E Ratio | 6.3x | 8.8x | 8.5x | |
PEG Ratio | 5.53 | 0.32 | 0.03 | |
Price/Book | 0.9x | 1.3x | 1.0x | |
Price / LTM Sales | 2.9x | 3.4x | 2.6x | |
Upside (Analyst Target) | 29.8% | 5.6% | 21.1% | |
Fair Value Upside | Unlock | 4.0% | 3.7% | Unlock |