Avanza Bank Interim report January – March 2013


· Net inflow totaled SEK 3,290 million (SEK 1,910 m), corresponding to 4 (3) per cent of the total savings capital at the beginning of the year
· The number of accounts increased by 4 (5) per cent to 492,200 (471,600 as of 31 December 2012)
· The total savings capital increased by 9 (11) per cent to SEK 93,400 million (SEK 85,800 m as of 31 December 2012)
· Operating income decreased by 9 (–10) per cent to SEK 150 million (SEK 164 m)
· Operating margin was 36 (44) per cent
· The profit after tax decreased by 25 (–33) per cent to SEK 45 million (SEK 60 m)
· Earnings per share decreased by 27 (–35) per cent to SEK 1.55 (SEK 2.11)

Comments from the Managing Director
“In March, our major annual event, the Avanza Forum, was held for the eighth consecutive year. Approximately 3,500 attendees made their way to the Globe arena in Stockholm, while a further 15,000 have viewed a recording of the event over the internet. This was an unprecedented number of attendees, which we are...

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