profit from every SEK 100 of sales.
SEK 0SEK 100
Norion Bank
SEK 69.50+0.58% today
+1.2% in 1 year
1-year low SEK 49.151-year high SEK 72.70
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 8.35 for every SEK 1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Norion Bank sold, what it kept, and what it did with the cash.
Sales went from SEK 3.21 billion in 2022 to SEK 3.73 billion in 2025, with SEK 1.44 billion of profit last year.
SalesProfit
Norion Bank handed back 81% of the cash it generated last year.
Buybacks SEK 1.0B
Free cash flow 2025SEK 1.2B
Bought back its own sharesSEK 1.0B
Paid as dividends–
Cash vs. debtSEK 4.8B vs. SEK 2.9B
Norion Bank vs. similar companies
Norion Bank grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Norion Bank | 8.4× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Norion Bank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,213 | 3,648 | 3,629 | 3,734 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 1,141 | 1,294 | 1,265 | 1,438 | |
| 5.34 | 6.02 | 6.09 | 7.12 | |
| – | – | – | – | |
| – | – | – | – | |
| 35.5% | 35.5% | 34.9% | 38.5% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 48,676 | 54,056 | 67,206 | 67,527 |
| Cash | 3,109 | 3,204 | 4,196 | 4,750 |
| Total debt | 3,473 | 1,357 | 2,991 | 2,949 |
| Total liabilities | 41,606 | 45,753 | 58,155 | 57,550 |
| 7,070 | 8,303 | 9,051 | 9,977 | |
| 205 | 205 | 205 | 205 | |
| – | – | – | – | |
| 16.1% | 15.6% | 14.0% | 14.4% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 277 | 2,362 | -101 | 1,312 | |
| 39 | 58 | 77 | 71 | |
| 238 | 2,304 | -178 | 1,241 | |
| Dividends paid | – | – | – | – |
| – | – | 0 | 1,000 | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 8.4×
- –
- 0.83
- 1.1×
- 3.2×
- 12.0%
- –
Profitability
- 38.5%
- –
- –
- –
- –
Growth
- +5.1%
- +10.1%
- –
- +0.0%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 19%of 872
Bottom 37%of 883
Top 21%of 931
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Norion Bank
Is Norion Bank a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Norion Bank AI analysis
What does Norion Bank do?
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 is in Banks - Regional, based in Gothenburg, Sweden, with 452 employees.
Is Norion Bank stock halal?
No. Norion Bank does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Norion Bank stock done over the past year?
Up 1.2% over the past twelve months, to SEK 69.50. It traded between SEK 49.15 and SEK 72.70 and is 4.4% below its high.
Who are Norion Bank's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Norion Bank's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.