Nordnet AB

Latest Results (19.11.2025):

Nordnet AB's third quarter 2025 results demonstrate a stable financial performance with solid growth in the core brokerage and fund business. The company reported an adjusted operating profit of SEK 904 million and adjusted operating income of SEK 1,308 million, supported by a 22% increase in trading volume and a notable rise in net savings, which climbed to SEK 20.8 billion. These results highlight the strong customer engagement and trust in Nordnet’s platform amid ongoing market developments.

Financial Performance

The adjusted operating profit improved from SEK 852 million to SEK 904 million and adjusted operating income increased from SEK 1,226 million to SEK 1,308 million, underpinning a stable and growing core business.

Trading Activity

The number of trades surged by 22% compared to the same quarter last year, with a total of 15.7 million trades executed, reflecting robust customer participation in the stock exchange market.

Customer Growth and Savings

During the period, 70,000 new customers began saving with Nordnet, and net savings reached SEK 20.8 billion—a 28% increase year-on-year—demonstrating heightened confidence and trust in the platform.

Cost and Expense Considerations

Operating expenses increased by 8.8%, and the firm recorded a one-time administrative loss of SEK 18 million resulting from an error in handling a corporate event. Additionally, a decrease in net interest income was noted, attributed to lower interest rates and the divestment of the unsecured lending portfolio in early 2024.

Capital and Strategic Initiatives

Nordnet AB maintains a robust capital position with an ongoing share repurchase program of SEK 250 million and plans to repurchase an additional SEK 250 million. Moreover, the company’s mobile app received the prestigious Red Dot Design Award in the finance category, underlining its innovative approach.