Interim report January-March 2022

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Collector AB publishes the interim report for the period January-March 2022.

FIRST QUARTER OF 2022 (COMPARED TO THE FIRST QUARTER OF 2021)

  • The loan portfolio amounted to SEK 38,734 million (33,322)
  • Total income amounted to SEK 723 million (611)
  • Total income has not been adjusted for non-recurring items during the period (591)
  • The C/I ratio amounted to 27.3% (33.2)
  • The C/I ratio has not been adjusted for non-recurring items during the period (34.3)
  • The credit loss level amounted to 2.1% (2.8)
  • The credit loss level has not been adjusted for non-recurring items during the period (2.8)
  • Operating profit amounted to SEK 325 million (183)
  • Operating profit has not been adjusted for non-recurring items during the period (163)
  • Net profit amounted to SEK 257 million (147) and earnings per share amounted to SEK 1.20 (0.67)
  • Net profit has not been adjusted for non-recurring items during the period (128)
  • Return on equity amounted to 17.6% (11.3)
  • Return on equity has not been adjusted for non-recurring items during the period (9.8)
  • The CET1 ratio amounted to 13.7% (13.6) and the total capital ratio amounted to 15.4% (15.6)
     

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
No significant events have occurred after the end of the period.

CONFERENCE CALL
A conference call will be held in Swedish on 26 April 2022 at 10:00 a.m. (CET), during which CEO Martin Nossman and CFO Peter Olsson will present the report. The presentation will be followed by a Q&A session. To participate in the conference call, dial +46 856 642 707 or +44 3333 009 272. The presentation will be broadcasted live at: https://tv.streamfabriken.com/collector-q1-2022.

The presentation material will be available in English and published in connection with the conference call on www.collector.se/en/, where the recorded version of the webcast will be available afterwards.

For more information, please contact:
Peter Olsson, CFO
Phone: +46 73 712 04 46
E-mail: peter.olsson@collectorbank.se

Madeleine Mörch, Head of IR & Communications
Phone: +46 73 712 04 52
E-mail: madeleine.morch@collectorbank.se

This is information that Collector AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 26 April 2022 at 07:30 a.m. CET.

 

Collector specializes in financing solutions for corporates and private individuals, with particular focus on small and medium-sized companies. We are the corporates' complement to larger traditional banks. The corporate offering includes real estate lending, corporate lending and factoring as well as payment solutions. Our services for private individuals include personal loans, invoice and payment by instalment services, credit cards and deposit accounts. The company has offices in Gothenburg (headquarters), Stockholm, Helsinki and Oslo. Collector AB (publ) is listed on Nasdaq Stockholm.

Collector AB (publ) 556560-0797 | Box 119 14, SE-404 39 Gothenburg | Switchboard +46 10-161 00 00 | E-mail info@collectorbank.se | www.collector.se/en/