Enity Holding AB Regulatory

Enity Holding’s Q1 results 2026

Results strengthened by the Uno acquisition

Key take aways in the quarter

  • Solid lending growth of 9.5%, despite subdued housing activity.
  • Results benefited from positive fair value revaluation from the Uno Finans acquisition
  • Net interest income decreased mainly due to fewer calendar days compared to the fourth quarter, higher deposit volumes and a negative reclassification of SEK 4.5m related to equity hedges.
  • Net interest margin decreased impacted by timing effects in Q1 and a time lag from the strengthening NOK.
  • Credit losses in line with the first quarter 2025, remained elevated and seasonally high.
  • Finland continued to deliver with strengthened results.
  • Acquisition of Uno Finans puts short-term pressure on capital ratios.
  • Operating expenses excluding loan brokers decreased.
  • Adjusted RoTE for the twelve months period was 19.2%.
  • After the closing of the first quarter, Enity received the result of its Supervisory review and evaluation process (SREP), which reduced the consolidated situation’s Pillar 2 requirement to 0.96% (1.2). The Pillar 2 requirement for the leverage ratio remained unchanged
Q1 Q4 Q1
SEKm 2026 2025 ∆ 2025 ∆
Net interest income 288.3 306.5 -6.0% 300.2 -4.0%
Net commission income 34.8 14.1 146.8% – 100.0%
Net gains/losses on financial transactions -4.5 -10.0 -55.2% -2.1 114.5%
Share of associate and joint ventures results 123.8 11.0 1021.9% 0.9 13327.1%
Other operating revenue 3.2 2.6 26.4% 2.7 21.8%
Total operating income 445.7 324.2 37.5% 301.3 47.9%
Total operating expenses -210.9 -202.9 4.0% -189.3 11.4%
Profit before credit losses 234.8 121.3 93.5% 112.8 108.1%
Net credit losses -27.1 -18.4 47.2% -31.7 -14.5%
Income tax -20.6 -23.3 -11.7% -32.1 -35.9%
Profit/loss for the period 187.1 79.6 134.9% 49.0 281.6%
Lending to the public 32,090.3 30,611.2 4.8% 29,310.0 9.5%
Deposits from the public 28,394.7 24,517.2 15.8% 22,377.3 26.9%
Adjusted operating income¹ 329.63 324.21 1.7% 301.67 9.3%
Adjusted operating expenses¹ -189.7 -184.7 2.7% -142.2 33.4%
Adjusted operating profit¹ 112.8 121.2 -6.9% 127.8 -11.7%
Adjusted operating profit less tax¹ 89.6 96.2 -6.9% 101.5 -11.7%
Total capital ratio 16.8% 17.2% -2.7% 19.2% -12.8%
CET1 ratio, % 13.0% 13.9% -6.3% 17.3% -24.7%
Net interest margin (%)¹ 3.7% 4.0% -8.3% 4.1% -10.9%
Credit losses, %¹ 0.24% 0.26% -9.2% 0.22% 7.8%
Adjusted C/I ratio (%) 57.6% 57.0% 1.1% 47.1% 22.1%
Adjusted RoTE (%) 16.9% 15.9% 6.2% 16.8% 0.7%
Earnings per share, kr 3.63 1.48 145.7% 0.98 269.9%
Number of employees 356 285 24.9% 236 50.8%

All about the report

Investors, analysts and media are invited to participate in the following event:

Enity, Audiocast with teleconference today at 09:00 CET

Björn Lander, Enity’s CEO, and Pontus Sardal, CFO, will present the results, followed by a Q&A session. The presentation and Q&A will be conducted in English.

If you wish to participate via webcast please use the link below. You can ask written questions via the webcast.

https://enity.events.inderes.com/q1-report-2026

If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.

https://events.inderes.com/enity/q1-report-2026/dial-in

 

This disclosure contains information that Enity Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 2026-04-30 07:00 CEST.

For further information, please contact:

Björn Lander, CEO
+46 (0)73 673 1899
bjorn.lander@enity.com

Pontus Sardal, CFO
+46 (0)70 149 9315
pontus.sardal@enity.com

Sofia Svavar, Head of Investor Relations
+46 (0)70 761 80 53
sofia.svavar@enity.com

Or visit: www.enity.com

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