Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Deputy Employee Representative Janne Perlestenbakken was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Mar 14
Instabank ASA announces Annual dividend, payable on April 20, 2026 Instabank ASA announced Annual dividend of NOK 0.0900 per share payable on April 20, 2026, ex-date on April 10, 2026 and record date on April 13, 2026. Buy Or Sell Opportunity • Jan 02
Now 21% undervalued Over the last 90 days, the stock has risen 8.8% to €0.26. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 149% in 2 years. Earnings are forecast to grow by 106% in the next 2 years. Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Gunn Westerlund Ingemundsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 01
Instabank ASA, Annual General Meeting, Apr 08, 2027 Instabank ASA, Annual General Meeting, Apr 08, 2027. 공시 • Nov 25
Instabank ASA has completed a Follow-on Equity Offering in the amount of NOK 29 million. Instabank ASA has completed a Follow-on Equity Offering in the amount of NOK 29 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: NOK 2.9
Transaction Features: Rights Offering 공시 • Mar 14
Instabank ASA announces Annual dividend, payable on April 24, 2025 Instabank ASA announced Annual dividend of NOK 0.0800 per share payable on April 24, 2025, ex-date on April 11, 2025 and record date on April 14, 2025. 공시 • Jan 16
Instabank ASA to Report Fiscal Year 2025 Final Results on Mar 12, 2026 Instabank ASA announced that they will report fiscal year 2025 final results on Mar 12, 2026 Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: kr0.07 (vs kr0.07 in 3Q 2023) Third quarter 2024 results: EPS: kr0.07 (in line with 3Q 2023). Revenue: kr88.5m (up 12% from 3Q 2023). Net income: kr26.4m (down 6.2% from 3Q 2023). Profit margin: 30% (down from 36% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: kr0.07 (vs kr0.05 in 2Q 2023) Second quarter 2024 results: EPS: kr0.07 (up from kr0.05 in 2Q 2023). Revenue: kr81.9m (up 17% from 2Q 2023). Net income: kr27.0m (up 13% from 2Q 2023). Profit margin: 33% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Jul 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (€59.4m market cap, or US$64.4m). Reported Earnings • May 01
First quarter 2024 earnings released: EPS: kr0.05 (vs kr0.07 in 1Q 2023) First quarter 2024 results: EPS: kr0.05 (down from kr0.07 in 1Q 2023). Revenue: kr70.2m (flat on 1Q 2023). Net income: kr18.2m (down 23% from 1Q 2023). Profit margin: 26% (down from 34% in 1Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: kr0.27 (vs kr0.25 in FY 2022) Full year 2023 results: EPS: kr0.27 (up from kr0.25 in FY 2022). Revenue: kr297.3m (up 16% from FY 2022). Net income: kr100.9m (up 23% from FY 2022). Profit margin: 34% (up from 32% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: kr0.27 (vs kr0.25 in FY 2022) Full year 2023 results: EPS: kr0.27 (up from kr0.25 in FY 2022). Revenue: kr297.3m (up 16% from FY 2022). Net income: kr100.9m (up 23% from FY 2022). Profit margin: 34% (up from 32% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Banks industry in Europe. Reported Earnings • Nov 07
Third quarter 2023 earnings released: EPS: kr0.07 (vs kr0.055 in 3Q 2022) Third quarter 2023 results: EPS: kr0.07 (up from kr0.055 in 3Q 2022). Revenue: kr79.1m (up 26% from 3Q 2022). Net income: kr28.2m (up 53% from 3Q 2022). Profit margin: 36% (up from 29% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Banks industry in Europe. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: kr0.072 (vs kr0.056 in 2Q 2022) Second quarter 2023 results: EPS: kr0.072 (up from kr0.056 in 2Q 2022). Revenue: kr69.8m (up 9.2% from 2Q 2022). Net income: kr23.8m (up 34% from 2Q 2022). Profit margin: 34% (up from 28% in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Reported Earnings • Apr 30
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr69.9m (up 7.7% from 1Q 2022). Net income: kr23.7m (up 15% from 1Q 2022). Profit margin: 34% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Banks industry in Europe. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: kr0.25 (vs kr0.25 in FY 2021) Full year 2022 results: EPS: kr0.25 (down from kr0.25 in FY 2021). Revenue: kr257.4m (up 7.6% from FY 2021). Net income: kr82.2m (down 1.5% from FY 2021). Profit margin: 32% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in Europe. Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chief Technology Officer & Employee Representative Director Farzad Jalily was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: kr0.12 (vs kr0.06 in 2Q 2021) Second quarter 2022 results: EPS: kr0.12. Revenue: kr63.9m (up 12% from 2Q 2021). Net income: kr17.8m (down 8.9% from 2Q 2021). Profit margin: 28% (down from 34% in 2Q 2021). The decrease in margin was driven by higher expenses. Buying Opportunity • Jul 09
Now 30% undervalued after recent price drop Over the last 90 days, the stock is down 47%. The fair value is estimated to be €0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 38%. Reported Earnings • May 07
First quarter 2022 earnings released: EPS: kr0.06 (vs kr0.04 in 1Q 2021) First quarter 2022 results: EPS: kr0.06 (up from kr0.04 in 1Q 2021). Revenue: kr64.9m (up 29% from 1Q 2021). Net income: kr20.6m (up 47% from 1Q 2021). Profit margin: 32% (up from 28% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 58%, compared to a 11% growth forecast for the industry in Germany. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chief Technology Officer & Employee Representative Director Frazad Jalily was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Mar 29
Lunar Bank A/S agreed to acquire an unknown minority stake in Instabank ASA (OB:INSTA) for NOK 1.3 billion. Lunar Bank A/S agreed to acquire an unknown minority stake in Instabank ASA (OB:INSTA) for NOK 1.3 billion on March 28, 2022. The consideration offered is NOK 3.75 per share. The offer period will commence on March 28, 2022 and expire on April 11, 2022. The transaction is subject to regulatory approvals. Barring any unforeseen circumstances, it is expected that the Offer will be completed in the second quarter of 2022. Pareto AS acted as financial advisor to Instabank ASA and Advokatfirmaet Thommessen AS acted as legal advisor to Instabank ASA. ABG Sundal Collier Norge ASA acted as financial advisor to Lunar Bank A/S and Advokatfirmaet Schjødt As acted as legal advisor to Lunar Bank A/S. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr0.25 (up from kr0.13 in FY 2020). Revenue: kr240.2m (up 41% from FY 2020). Net income: kr83.5m (up 96% from FY 2020). Profit margin: 35% (up from 25% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 55%, compared to a 12% growth forecast for the banks industry in Germany. Buying Opportunity • Jan 14
Now 41% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be kr0.24, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has grown by 30% per annum over the last 3 years. 공시 • Dec 01
An unknown buyer entered into an agreement to acquire Non-performing loans (NPL) portfolio of Instabank ASA from Instabank ASA (OB:INSTA). An unknown buyer entered into an agreement to acquire Non-performing loans (NPL) portfolio of Instabank ASA from Instabank ASA (OB:INSTA) on November 30, 2020. As a result of the transaction, Instabank’s total NPL ratio will drop from 7.1 % to 6.3 %, based on the situation at the end of the third quarter of 2021. The transaction will be finalized in December 2021 and is expected to have a positive earnings impact in Q4 2021. Recent Insider Transactions • Sep 10
Chief Marketing Officer recently bought €126k worth of stock On the 7th of September, Jørgen Rui bought around 634k shares on-market at roughly €0.20 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €266k more in shares than they have sold in the last 12 months. 공시 • Jun 17
Instabank ASA (OB:INSTA) agreed to acquire Portfolio Of Unsecured Loans of Optin Bank ASA from Optin Bank ASA for NOK 40.5 million. Instabank ASA (OB:INSTA) agreed to acquire Portfolio Of Unsecured Loans of Optin Bank ASA from Optin Bank ASA for NOK 40.5 million on June 16, 2021. The purchase price is based on 85% of the principal value of the loans which is NOK 47.7 million. The transaction will be completed within end of June 2021.