Professional
Added to YB: 2025-03-11
Pitch date: 2025-03-06
MOBA.OL [bullish]
Morrow Bank ASA
+60.42%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Morrow Bank ASA provides unsecured financing to private individuals in the Norway, Finland, Sweden, and German markets.
Market Cap
NOK 2.2B
Pitch Price
NOK 8.63
Price Target
17.90 (+39%)
Dividend
N/A
EV/EBITDA
N/A
P/E
11.78
EV/Sales
N/A
Sector
Banks
Category
turnaround
Show full summary:
Morrow bank – target price 17,9 NOK
MOBA.OL: Profitable growth, Swedish license upside. 26% C/I, 8.4% NIM. 57% net earnings growth in 2025. Swedish approval Q2'25 doubles ROE to ~20%. 17.9 NOK target (13.7x 2025e P/E) based on 50/50 scenarios: portfolio buys or dividend. Strong Q1 results & Swedish approval as triggers.
Read full article (6 min)