9 Jan 2026
From today, Morrow Bank shares are listed on Nasdaq Stockholm, under the ticker "MORROW".Morrow Bank listed on Nasdaq
"The listing reflects the transformation we have executed over the past three years. We have built a scalable platform delivering efficiency, solid credit performance and earnings growth versus our Nordic consumer finance peers. Redomiciling to Sweden reduces capital requirements and levels the playing field," said Øyvind Oanes, CEO of Morrow Bank.The Bank has a gross loan balance of more than SEK 15.5 billion and has delivered strong earnings growth, supported by a highly automated operating model and disciplined risk management. The move to Sweden materially improves capital efficiency and supports future growth and returns."Looking ahead, we target around 10% annualised organic loan growth and a return on target equity of approximately 20% by the end of 2028, up from 13% in Q3 2025. With increasing excess capital following the move to Sweden, we are positioned to pursue selective, accretive acquisitions, further strengthening growth and returns," added Oanes.
Investment highlights:
- Pure-play Nordic consumer finance
- Scalable and cost-efficient platform
- Turnaround completed
- Attractive growth and return profile
- M&A optionality and capital allocation flexibility