Delivering on targets
July - September 2025
- Lending to the public increased by 8,9% on a last twelve-month basis ("LTM") to 30 514 MSEK (28 008 MSEK). Adjusted for currency effects, the increase was 10.2%.
- Net interest income increased to 308 MSEK (277 MSEK), an increase of 11,3%.
- Net credit losses amounted to 11 MSEK (6 MSEK), corresponding to a credit loss level LTM of 0,26% (0,20%).
- Adjusted operating profit amounted to 163 MSEK (137 MSEK), an increase of 18,9%.
- Net profit amounted for the quarter to 113 MSEK (101 MSEK) and adjusted operating profit less tax amounted to 130 MSEK (109 MSEK).
- Adjusted C/I ratio for the quarter amounted to 45,9% (49,7%). Excluding the impact of the consolidation of Eiendomsfinans, the ratio was 43,1%.
- Adjusted RoTE amounted to 21,4% (18,1%).
"We are delivering a solid report, well in line with our targets. Lending growth in the third quarter was good, despite a continued subdued Nordic housing market. The loan portfolio grew by 10% over the twelve-month period. We expect the Nordic housing market to improve in the coming years, and Enity is well positioned to enable more people to enter the housing market," says Björn Lander, CEO of Enity.
| Jul-Sep | Jul-Sep | Jan-Sep | Jan-Sep | Jan-Dec | |
| MSEK | 2025 | 2024 | 2025 | 2024 | 2024 |
| Lending to the public | 30 514,3 | 28 008,5 | 30 514,3 | 28 008,5 | 28 832,4 |
| Deposits from the public | 24 143,0 | 22 107,1 | 24 143,0 | 22 107,1 | 23 202,9 |
| Net interest income | 308,2 | 276,8 | 911,7 | 821,8 | 1 114,7 |
| Net interest margin (%) | 4,1% | 4,0% | 4,1% | 4,0% | 4,1% |
| Operating profit | 137,6 | 135,9 | 327,6 | 310,1 | 393,6 |
| Profit/loss for the period | 113,0 | 101,1 | 239,2 | 241,7 | 255,6 |
| Credit losses, % | 0,26% | 0,20% | 0,26% | 0,20% | 0,16% |
| Adjusted C/I ratio (%) | 45,9% | 49,7% | 45,3% | 51,7% | 51,5% |
| Adjusted RoTE (%) | 21,4% | 18,1% | 20,6% | 16,7% | 16,6% |
| CET1 ratio, % | 15,1% | 16,3% | 15,1% | 16,3% | 16,7% |
| Adjusted operating profit | 163,4 | 137,4 | 472,0 | 380,6 | 507,4 |
| Adjusted operating profit less tax | 129,7 | 109,1 | 374,7 | 302,2 | 402,9 |
| Total capital ratio | 18,6% | 18,4% | 18,5% | 18,4% | 18,7% |
| Earnings per share | 2,13 | 2,02 | 8,97 | 4,83 | 5,11 |
| Number of employees | 275 | 252 | 275 | 252 | 258 |
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 06-11-2025 07:00 CET.
All about the report
Investors, analysts and media are invited to participate in the following event:
Enity, Audiocast with teleconference, Q3, 2025 on 6 November 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/q3-report-2025
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/q3-report-2025/dial-in
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
About Enity
Enity is a specialist mortgage provider operating in the Nordic region, creating innovative and inclusive mortgage solutions for approximately 33,000 customers across Sweden, Norway and Finland. Enity commenced operations in 2005, with a mission to provide sustainable access to the housing market for the underpenetrated, high-growth segment of borrowers not always well-served by high-street banks, despite low risk and strong potential. Enity serves its customers through a differentiated product offering across three brands: Bluestep Bank in all its geographies, Bank2 in Norway and 60plusbanken in Sweden. Today, Enity is a profitable market leader based on the size of its mortgage loan portfolio, with lending to the public of SEK 30.5 billion as of 30 September 2025, in a steadily growing market with a low-risk portfolio primarily comprised of fully secured mortgages.