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Interim report January-September 2021

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Collector AB publishes the interim report for the period January-September 2021.

THIRD QUARTER OF 2021 (COMPARED TO THE THIRD QUARTER OF 2020)

  • The loan portfolio amounted to SEK 35,624 million (30,146)
  • Total income amounted to SEK 658 million (525)
  • The C/I ratio amounted to 27.9% (38.0)
  • Profit before credit losses amounted to SEK 474 million (326)
  • The credit loss level amounted to 2.6% (2.8)
  • Operating profit amounted to SEK 244 million (117)
  • Net profit amounted to SEK 190 million (89) and earnings per share amounted to SEK 0.93 (0.43)
  • The CET1 ratio amounted to 13.8% (13.8) and the total capital ratio amounted to 15.7% (15.8)


JANUARY-SEPTEMBER 2021 (COMPARED TO JANUARY-SEPTEMBER 2020)

  • The loan portfolio amounted to SEK 35,624 million (30,146)
  • Total income amounted to SEK 1,914 million (1,562)
  • Total income adjusted for non-recurring items amounted to SEK 1,893m (1,562)
  • The C/I ratio amounted to 31.2% (41.7)
  • The C/I ratio adjusted for non-recurring items amounted to 31.5% (40.7%)
  • Profit before credit losses amounted to SEK 1,317 million (911)
  • Profit before credit losses adjusted for non-recurring items amounted to SEK 1,297m (926)
  • The credit loss level amounted to 2.7% (2.9)
  • The credit loss level has not been adjusted for non-recurring items (2.7)
  • Operating profit amounted to SEK 636 million (263)
  • Operating profit adjusted for non-recurring items amounted to SEK 615m (328)
  • Net profit amounted to SEK 497 million (196) and earnings per share amounted to SEK 2.42
  • (1.27)
  • Net profit adjusted for non-recurring items amounted to SEK 478m (247)
  • The CET1 ratio amounted to 13.8% (13.8) and the total capital ratio amounted to 15.7% (15.8)

SIGNIFICANT EVENTS DURING THE PERIOD

  • Collector Bank issued a senior unsecured bond of SEK 500 million


CONFERENCE CALL
A conference call will be held in Swedish on 21 October 2021 at 11:30 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 +46 850 558 359 or +44 3333 009 273. The presentation will be broadcasted live at: https://tv.streamfabriken.com/collector-q3-2021.

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, Finance & IR Manager
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 21 October 2021 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/

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