ABG Sundal Collier reports a 27 % rise in Q2 revenue and announces CEO transition
ABG Sundal Collier Holding ASA, a leading Nordic financial services firm, disclosed that its second‑quarter 2026 revenues climbed to NOK 727 million from NOK 570 million a year earlier, a 27 % year‑on‑year increase. The interim report, released on 7 July 2026, also highlighted a rise in the company’s diluted earnings per share to NOK 0.24 from NOK 0.18, and noted that the first‑half revenue totaled NOK 1.14 billion versus NOK 977 million in the prior year.
Performance drivers
The growth was attributed to robust activity in both of ABG Sundal Collier’s core segments—Markets and Investment Banking. The Markets division, which handles brokerage, trading, and execution of equities, bonds, derivatives, structured products, and foreign‑exchange, benefited from a supportive capital‑markets environment. In the Investment Banking arm, corporate advisory services—including equity and debt capital markets, mergers and acquisitions, and financial restructuring—contributed to higher fee income.
Market reaction and valuation
The company’s shares closed at NOK 7.22 on 5 July, within a 52‑week range of NOK 6.8 to NOK 8.4. With a market capitalization of roughly 3.74 billion NOK and a price‑to‑earnings ratio of 11.02, the firm remains an attractive play for investors seeking exposure to Nordic financial services.
Leadership change
In parallel with the financial results, ABG Sundal Collier announced that Jonas Ström will step down as chief executive officer effective 1 September 2026. The board confirmed that Ström will continue with the firm as a senior partner, and the search for a successor has commenced. Chairman Knut Brundtland noted that under Ström’s seven‑year tenure the company has more than doubled its revenue, underscoring the positive trajectory that the new leadership will inherit.
Outlook
CEO comments framed the quarter as a period of “accelerating momentum” driven by sustained capital‑market support. With the first‑half revenue growth and a healthy EPS expansion, ABG Sundal Collier appears positioned to continue capitalising on opportunities across its markets and investment banking segments. Investors will be watching the forthcoming leadership transition closely to gauge its impact on strategic direction and shareholder value.
