Resurs Holding AB (LTS:0RFP)
kr 23.54 0 (0%) Market Cap: 4.68 Bil Enterprise Value: 8.08 Bil PE Ratio: 0 PB Ratio: 0.61 GF Score: 66/100
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Q2 2023 Resurs Holding AB (publ) Earnings Call (English, Swedish) Transcript

Jul 21, 2023 / 07:00AM GMT
Release Date Price: kr24.41 (+10.80%)
Nils Helge George Carlsson

Welcome, and good morning from me to this Resurs Holding Q2 presentation, moving directly to Page 2. My name is Nils Carlsson, I'm the CEO of Resurs Bank. And together with our CFO, Sofie Tarring Lindell, we're going to present our development for the second quarter today. And moving swiftly along to Page 3, we have a summary of Q2 2023. Here is a brief summary, as you can see, of the numbers for the quarter compared to the same quarter previous year. And if we look at the second quarter, we saw good growth, driven by both segments and lending growth to the tune of 15% to SEK 39.6 billion in constant currencies, growth at 12%. When we look at the NBI margin, it was stable at 9%, and it is rewarding to note. We feel that during the course of the past year, we've managed to stabilize the negative marginal development that the bank has seen over the past few years.

At the same time, we continue our work, of course, with price adjustments to compensate for the increased funding costs and in order to further strengthen the NBI margin moving forward. If we look at the C/I ratio, it

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