Resurs Holding AB

RESURS

Equity

ISIN SE0007665823 / Valor 32303877

NASDAQ Nordic Exchange Stockholm, Equities (2025-10-22)

SEK 35.45+0.14%

Resurs Holding AB
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About company

Resurs Holding AB, through its subsidiary Resurs Bank AB, is a prominent financial services provider in the Nordic region, specializing in retail finance and consumer loans. The company operates primarily in two business segments: Payment Solutions and Consumer Loans. The Payment Solutions segment includes Retail Finance, Cards, and B2B services. Retail Finance offers comprehensive finance, payment, and loyalty solutions, while the Cards division provides credit and payment cards that allow retail partners to enhance their brand offerings. The B2B services focus on corporate loans, invoice factoring, and invoice discounting for small and mid-sized enterprises. In the Consumer Loans segment, Resurs provides unsecured loans aimed at facilitating larger purchases and investments, as well as loan consolidation to help consumers manage their financial obligations more effectively. As of the end of 2023, Resurs Holding AB had a workforce of 660 employees and managed a loan portfolio valued at SEK 38.8 billion.

Summarized from source with an LLMView SourceSector: Finance

Lending Growth

In Q4 2023, Resurs Holding AB's lending to the public increased by 4% to SEK 38,846 million. Excluding items affecting comparability, lending surged by 8% to SEK 40,049 million, reflecting strong demand for the company's financial products.

Operating Income

The company saw a 4% rise in operating income, reaching SEK 889 million in the fourth quarter of 2023. This growth highlights the effectiveness of Resurs Holding AB's operational strategies despite external pressures.

Profit Before Credit Losses

Profit before credit losses stood at SEK 284 million for Q4 2023. When excluding items affecting comparability, profit before credit losses increased by 4% to SEK 516 million, indicating underlying financial strength.

Credit Loss Ratio

The credit loss ratio for the fourth quarter of 2023 rose to 6.3%, up from 2.6% in the previous period. Excluding comparability items, the ratio was 4.7%, reflecting challenges in managing non-performing loans.

Operating Result

Resurs Holding AB reported an operating loss of SEK -331 million in Q4 2023. However, excluding items affecting comparability, the operating profit was SEK 47 million, showcasing resilience in core operations.

Earnings Per Share

Earnings per share declined to SEK -1.58 in the fourth quarter of 2023. When excluding items affecting comparability, earnings per share were SEK 0.06, indicating a slight recovery amidst financial headwinds.

Summarized from source with an LLMView Source

Key figures

51.2%1Y

83.5%3Y

-15.5%5Y

Performance

27.1%1Y

41.9%3Y

39.1%5Y

Volatility