Nordnet, SE0015192067

Nordnet redeems SEK 600 million in AT1 notes: BNP target for Nordnet stock is SEK 370

Published on 10/20/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter operating profit reached SEK 1.19 billion, up 33.00 percent year over year. Nordnet stock costs EUR 29.49 on October 20, 2026.

Capital and earnings ahead

On October 19, 2026, Nordnet announced redemption of SEK 600.0 million AT1 notes.
Second-quarter 2026 operating profit was SEK 1.19 billion, up 33.00 percent year over year.
Nordnet stock trades at EUR 29.49 at 1:07 p.m. CEST at Lang & Schwarz on October 20, 2026.

Trading-Floor mit großen Bildschirmen und OMX Nordic Indexzahlen im Editorial-Stil — Nordnet AB (ISIN SE0015192067) passt zu diesem Börsen-Editorial vom Trading-Floor mit OMX-Nordic-Kursanzeigen, Illustration mit AI erstellt.

Nordnet (ISIN SE0015192067) will redeem SEK 600.0 million of Additional Tier 1 notes on November 16, 2026, while its stock was trading at EUR 29.49 at Lang & Schwarz on October 20, 2026 at 1:07 p.m. CEST. The company also set October 22, 2026, for its third-quarter report.

Capital action sets the latest marker

According to Nordnet on October 19, 2026, the notes will be redeemed at 100.00 percent of nominal value plus accrued interest. The record date is November 9, 2026, and the instruments will be delisted from Nasdaq Stockholm after redemption.

The balance-sheet action comes ahead of the earnings release. According to MarketScreener on October 19, 2026, consensus from 14 analysts points to adjusted third-quarter operating profit of SEK 1.105 billion, versus SEK 886.0 million in the comparable quarter.

Three dates show the changing setup

On October 5, 2026, Nordnet reported 2,565,900 customers and SEK 80.4 billion in net savings during 2026, according to MFN. On October 14, 2026, BNP Paribas raised its Nordnet target from SEK 360.00 to SEK 370.00, as reported by MarketScreener. On October 19, 2026, Nordnet announced the SEK 600.0 million AT1 redemption.

What does the margin mean?

For investors, the operating base is the key test. In the second quarter of 2026, operating revenue was SEK 1.634 billion, up 26.00 percent year over year, while operating profit reached SEK 1.190 billion, up 33.00 percent, according to Inderes. The resulting operating margin was 73.00 percent, compared with 69.00 percent in the second quarter of 2025.

Results and redemption dates

Nordnet is scheduled to publish its January to September 2026 interim report on October 22, 2026, at 7:00 a.m. CEST, followed by a presentation at 10:00 a.m. CEST. The AT1 record date is November 9, 2026, and redemption is scheduled for November 16, 2026.

Stock price and investor lens

The current price gives investors a euro-denominated view of Nordnet before the third-quarter figures. The company is listed on Nasdaq Stockholm in the Large Cap segment, and its latest second-quarter operating margin provides a demanding benchmark for the next report.

Nordnet was trading at EUR 29.49 at Lang & Schwarz on October 20, 2026 at 1:07 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nordnet stock.