NOBA Bank Valuation Multiples

NOBA Bank Overview

About NOBA Bank

NOBA Bank Group AB (publ) is a European specialist bank operating through three brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension. It offers retail financial products in four main segments: Private Loans, Credit Cards, Secured Loans (including specialist and equity release mortgages), and Other services such as deposits. Geographically, the company operates in eight countries, with a presence in the Nordic region (Sweden, Norway, Finland, Denmark), as well as Germany, Spain, the Netherlands, and Ireland. The company serves over two million customers across these regions, with lending activities covering private loans in the Nordics, credit cards in the Nordics and Germany, and deposit products available in all these markets.

Founded

2003

HQ

Employees

755

Website

noba.bank

Sectors

NeobankingFinTech

Financials (LTM)

Revenue: $1B

Net Income: $412M

EV

$7B

Valuation Multiples

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NOBA Bank Financials

NOBA Bank reported last 12-month revenue of $1B.

In the same LTM period, NOBA Bank generated $976M in gross profit and $412M in net income.

NOBA Bank P&L

In the most recent fiscal year, NOBA Bank reported revenue of $1B and net income of $389M.

NOBA Bank expects next 12-month revenue of XXX and NTM EBITDA of XXX

NOBA Bank Stock Performance

NOBA Bank has current market cap of $5B, and enterprise value of $7B.

NOBA Bank's stock price is $9.10.

NOBA Bank Valuation Multiples

NOBA Bank trades at 5.7x EV/Revenue multiple.

NOBA Bank Financial Valuation Multiples

As of April 11, 2026, NOBA Bank has market cap of $5B and EV of $7B.

Equity research analysts estimate NOBA Bank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

NOBA Bank has a P/E ratio of 11.0x.

NOBA Bank Margins & Growth Rates

NOBA Bank's revenue in the last 12 month grew by 9%.

NOBA Bank's revenue per employee in the last FY averaged $1.7M, while opex per employee averaged $0.4M for the same period.

NOBA Bank Public Comps

See public comps and valuation multiples for other Neobanking comps.

NOBA Bank M&A Activity

NOBA Bank acquired XXX companies to date.

Last acquisition by NOBA Bank was on XXXXXXXX, XXXXX. NOBA Bank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

NOBA Bank Investment Activity

NOBA Bank invested in XXX companies to date.

NOBA Bank made its latest investment on XXXXXXXX, XXXXX. NOBA Bank invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).