)
Visual21 Nov 2025
Data center suppliers
Morrow Bank (MOBA) investor relations material
Morrow Bank Investor Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Update summary11 Nov, 2025
Strategic transformation and market positioning
Transitioning to a Swedish bank with a Nasdaq Stockholm listing in January to enhance competitiveness and access a more favorable regulatory environment.
Over 80% of the loan book is now outside Norway, with Finland as the largest market.
The move will free up to SEK 1 billion in excess capital for growth and M&A opportunities, benefiting from lower capital requirements.
Aims to secure a level playing field with Swedish peers and benefit from Stockholm's dynamic financial ecosystem.
Growth, profitability, and operational performance
Loan book doubled from NOK 8.5 billion to NOK 17 billion since 2021, with a 27% CAGR over three years.
Achieved 55% CAGR in earnings since 2022, significantly outpacing peers.
Cost/income ratio reduced to 25%, with a long-term goal of 22% by 2028, supported by automation and AI-driven efficiencies.
Targeting at least 10% annual organic growth, with ambitions to reach NOK 24 billion in loans by 2028 and potentially NOK 29 billion if all excess capital is deployed.
Increased market share from 1.5% in 2022 to 3% in 2025, supported by strong demand and improved processes.
Capital deployment and M&A strategy
SEK 1 billion in excess capital to be prioritized for organic growth, with potential for SEK 5-6 billion in additional lending.
Inorganic growth through portfolio acquisitions, recently adding SEK 640 million in Swedish consumer loans.
Three Swedish portfolios acquired in the past year, totaling SEK 3 billion in inorganic growth.
M&A and portfolio purchases are opportunistic and come in addition to organic growth targets.
If all excess capital is deployed, end-2028 loan balance could reach NOK 29 billion and ROTE 23%.
Deploying excess capital: organic vs M&A split
AI's specific impact on future cost efficiency
Future acquisition target profile and rationale
Capital deployment strategy for NOK 1B excess
Impact of inorganic growth on 2028 loan target?
How does AI contribute to cost efficiency?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Morrow Bank earnings date
Q4 202512 Feb, 2026
Next Morrow Bank earnings date
Q4 202512 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Morrow Bank ASA, previously known as Komplett Bank ASA, is a Norway-based financial institution that provides consumer-oriented banking products. The bank offers unsecured personal loans, credit cards, deposit accounts, and point-of-sale financing solutions. Its services are available to customers in Norway, Sweden, Finland, and Germany. Morrow Bank specializes in digital banking, catering to private individuals with a focus on ease of use and flexibility in its financing options. The company is headquartered in Lysaker, Norway, and its shares are listed on the Oslo Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage