Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Noba Bank Group AB ( (SE:NOBA) ) is now available.
NOBA Bank Group AB has agreed to acquire Swedish SME lender DBT Capital AB for SEK 403 million in cash, aiming to establish an SME lending vertical and support its target of expanding its loan portfolio to SEK 250 billion by 2030. The deal, expected to close in the first quarter of 2026, combines NOBA’s scale and diversified funding with DBT’s digital lending platform and established brand in the Swedish SME market, positioning NOBA to benefit from the sector’s shift from traditional banks to specialist online lenders. DBT’s management will stay on and reinvest part of the proceeds in an incentive programme, while NOBA expects the transaction to be slightly dilutive to earnings per share in the short term, reduce its CET1 ratio by about 0.3 percentage points and incur SEK 15–20 million in transaction costs in the fourth quarter of 2025, but to be value-creating over the medium term.
The most recent analyst rating on (SE:NOBA) stock is a Buy with a SEK131.00 price target. To see the full list of analyst forecasts on Noba Bank Group AB stock, see the SE:NOBA Stock Forecast page.
More about Noba Bank Group AB
NOBA Bank Group AB is a European specialist banking group active in eight markets, offering customer-centric financial services through its Nordax Bank, Bank Norwegian and Svensk Hypotekspension brands. With over two million customers and more than 680 employees, the Nasdaq Stockholm-listed group focuses on scalable, sustainable credit solutions for consumers and niche segments, leveraging diversified funding and disciplined lending to support its long-term growth agenda.
Average Trading Volume: 829,467
Find detailed analytics on NOBA stock on TipRanks’ Stock Analysis page.