Aktia Bank: We only see uncertainties - SEB
Bildkälla: Stockfoto

Aktia Bank: We only see uncertainties - SEB

There has in our view been unacceptable volatility in the leadership of Aktia over the past year. Without a permanent CEO and with a newly appointed chairman, we view the current business plan and strategic targets as highly uncertain. In the near term, we need to see that operations are not being adversely impacted; P&L trends and AUM flow are key. We have cut our adj. EPS estimates for 2025-27 by 1-5% on a weak Finnish macro.

There has in our view been unacceptable volatility in the leadership of Aktia over the past year. Without a permanent CEO and with a newly appointed chairman, we view the current business plan and strategic targets as highly uncertain. In the near term, we need to see that operations are not being adversely impacted; P&L trends and AUM flow are key. We have cut our adj. EPS estimates for 2025-27 by 1-5% on a weak Finnish macro.
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