Norion Bank AB (publ)

BATS-CHIXE:NORIOS Stock Report

Market Cap: SEK 8.5b

Norion Bank Management

Management criteria checks 4/4

Norion Bank's CEO is Martin Nossman, appointed in Aug 2018, has a tenure of 6.17 years. total yearly compensation is SEK6.00M, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth SEK121.90M. The average tenure of the management team and the board of directors is 2.6 years and 4.8 years respectively.

Key information

Martin Nossman

Chief executive officer

SEK 6.0m

Total compensation

CEO salary percentage66.7%
CEO tenure6.2yrs
CEO ownership1.4%
Management average tenure2.6yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Nossman's remuneration changed compared to Norion Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

SEK 1b

Mar 31 2024n/an/a

SEK 1b

Dec 31 2023SEK 6mSEK 4m

SEK 1b

Sep 30 2023n/an/a

SEK 1b

Jun 30 2023n/an/a

SEK 1b

Mar 31 2023n/an/a

SEK 1b

Dec 31 2022SEK 7mSEK 5m

SEK 1b

Sep 30 2022n/an/a

SEK 988m

Jun 30 2022n/an/a

SEK 895m

Mar 31 2022n/an/a

SEK 834m

Dec 31 2021SEK 7mSEK 5m

SEK 713m

Sep 30 2021n/an/a

SEK 576m

Jun 30 2021n/an/a

SEK 474m

Mar 31 2021n/an/a

SEK 400m

Dec 31 2020SEK 7mSEK 5m

SEK 292m

Sep 30 2020n/an/a

-SEK 477m

Jun 30 2020n/an/a

-SEK 412m

Mar 31 2020n/an/a

-SEK 347m

Dec 31 2019SEK 6mSEK 5m

-SEK 219m

Sep 30 2019n/an/a

SEK 584m

Jun 30 2019n/an/a

SEK 550m

Mar 31 2019n/an/a

SEK 526m

Dec 31 2018SEK 3mSEK 2m

SEK 496m

Compensation vs Market: Martin's total compensation ($USD578.66K) is below average for companies of similar size in the UK market ($USD1.41M).

Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.

CEO

Martin Nossman (53 yo)

6.2yrs

Tenure

SEK 6,000,000

Compensation

Mr. Martin Nossman is Chief Executive Officer at Norion Bank AB (formerly known as Collector Bank AB) and Collector AB (publ) since August 01, 2018. He is employed at Collector AB (publ) since 2018. He has...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Nossman
Chief Executive Officer6.2yrsSEK 6.00m1.44%
SEK 121.9m
Peter Olsson
Chief Financial Officer5.3yrsno data0.066%
SEK 5.6m
Susanne Bruce
Vice CEO & COOno datano data0.0098%
SEK 829.6k
Jonas Bjorkman
Chief Information Officer5.5yrsno data0.011%
SEK 928.8k
Madeleine Morch
Head of IR & Communicationsno datano datano data
Anna-Klara Heldring
Head of Compliance1.8yrsno datano data
Teresa Akemar
Chief HR Officer1.7yrsno datano data
Josefin Eriksson
Head of CEO Office1.8yrsno data0.0021%
SEK 179.0k
Patrik Scholdstrom
Chief Credit Officer3yrsno data0.0097%
SEK 826.2k
Sarah Olofsson
Chief Sustainability Officerno datano datano data
Patrik Hankers
Head of Consumer2.6yrsno data0.022%
SEK 1.9m
Robert Bergstrom
Head of Corporate Banking2.1yrsno data0.0037%
SEK 309.6k

2.6yrs

Average Tenure

49yo

Average Age

Experienced Management: NORIOS's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Erik Selin
Chairman13.8yrsSEK 1.00m2.39%
SEK 203.0m
Bengt Edholm
Independent Director4.8yrsSEK 500.00kno data
Charlotte Hybinette
Independent Director5.8yrsSEK 600.00k0.0016%
SEK 137.4k
Ulf Croona
Independent Director4.8yrsSEK 500.00k0.0024%
SEK 206.1k
Marie Osberg
Independent Director4.8yrsSEK 600.00k0.0049%
SEK 413.1k
Arian Raoof
Directorless than a yearno datano data

4.8yrs

Average Tenure

64yo

Average Age

Experienced Board: NORIOS's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/05 13:37
End of Day Share Price 2024/07/08 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Norion Bank AB (publ) is covered by 1 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emil JonssonDNB Markets