"
January -
- The loan portfolio amounted to
SEK 18,799 million , compared toMarch 2023 the increase in local currencies was 21 % -
Operating profit increased by 25 % to
SEK 147.9 million -
Earnings per share increased by 23 % to
SEK 5.04 - Cost/income ratio improved to 40.0 % (41.7)
- Return on equity amounted to 22.1 % (22.3)
- Total capital ratio amounted to 15.8 % (15.9) and has been stable since the start of the year
Significant events, January -
- The credit card business had an organic loan book growth of 72 % and economies of scale in the business model contributed to the operating profit increasing significantly.
- Strong performance in the Ecommerce Solutions segment has resulted in an increase in operating profit of 113 %, mainly related to rising operating income in the Nordic region.
To follow the conference call online, please click on the link below. To ask questions dial in using the number indicated below approximately 15 minutes before the start of the conference and enter the meeting code:
Link: https://www.finwire.tv/webcast/tf-bank/q1-presentation-2024/
SE: +46 (0)8 4468 2488 end enter the meeting code 812 8235 1588
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0)70 626 95 33
This is information which
https://news.cision.com/tf-bank-ab--publ-/r/interim-report-january---march-2024,c3961559
https://mb.cision.com/Main/13973/3961559/2731886.pdf
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