Hoist Finance
Hoist Finance’s interim report for the first quarter 2026
“In the first quarter of 2026, Hoist Finance’s FX-adjusted profit before tax rose by 32 per cent compared with the first quarter of 2025. During the quarter, we invested SEK 2 billion in new portfolios and delivered a return on equity of 19.5 per cent. We qualified as a specialised debt restructurer, signed an agreement to acquire Azzurro Associates in the UK and launched our savings offering, HoistSpar, in Spain. In a time marked by geopolitical uncertainty, Hoist Finance stands strong with continued stable collection levels, resilience built into the business model, robust capital levels and ample liquidity in a continued active NPL-market”, says Harry Vranjes, CEO of Hoist Finance.
Key events in the first quarter 2026
- Profit before tax amounted to SEK 394m, compared to SEK 332m in the same quarter last year.
- Return on equity of 19.5 per cent, compared to 16.7 per cent in the same quarter last year.
- Investments in new portfolios totalled SEK 2.0bn in the quarter, resulting in a total investment portfolio of SEK 34.4bn at the end of the period. After the quarter had been closed, another SEK 500m of portfolio investments have been signed.
- Strengthening the position in Europe’s largest credit market by entering into an agreement to acquire UK debt purchaser Azzurro Associates, with a portfolio book value of GBP 200m (approx. SEK 2.5bn). The acquisition is subject to customary conditions and regulatory approvals and is expected to be completed during 2026.
- Strong collection performance of 105 per cent, compared to 103 per cent in the same quarter last year.
- Cost control remains tight with underlying direct costs growing in line with the investment portfolio and indirect costs at a stable level, despite SEK 25m of one-off costs tied to the ongoing acquisition.
- The quarter includes tax income of SEK 43 million resulting from the reversal of previous provision for a transfer pricing case.
- Robust capital- and liquidity levels with a CET1-ratio per 31 March of 13.86 per cent.
Key figures January-March 2026 (compared to January-March 2025)
- Total operating income amounted to SEK 1,168m (1,030)
- Profit before tax totalled SEK 394m (332)
- Profit for the period was SEK 337m (260)
- Earnings per share amounted to SEK 3.57 (2.33)
- Return on equity was 20% (17)
- Acquired loan portfolios totalled SEK 2,036m (961)
- The CET1 ratio per 31 March was 13.86% (13.08)
A combined presentation and teleconference will be held at 09:00 AM (CEST) today.
If you wish to participate via webcast, please use the link below. You will be able to ask written questions via the webcast.
https://hoist-finance.events.inderes.com/q1-report-2026
If you wish to participate via teleconference, please register on the link below. After registration, you will be provided phone numbers and a conference ID to access the conference. You will be able to ask questions verbally via the teleconference.
https://events.inderes.com/hoist-finance/q1-report-2026/dial-in
The presentation and the report will be available on www.hoistfinance.com.
| Datum | 2026-05-06, kl 07:00 |
| Källa | MFN |