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Konkurrencemyndigheden godkendte S-Bankens købstilbud på OmaSp

OMASPAnalyst Comment28.08.2026, 07.42
Kasper MellasAnalyst
Discuss

Automatisk oversættelse: Oprindeligt udgivet på finsk 28.8.2026, 05.42 GMT. Giv feedback her.

S-Pankki meddelt torsdag at have modtaget den nødvendige godkendelse fra Konkurrence- og Forbrugerstyrelsen til det offentlige købstilbud på Oma Säästöpankis aktier, som banken har fremsat. Konkurrencemyndighedens godkendelse var forventet, og vi tror heller ikke, at Finanstilsynets endnu manglende godkendelse vil udgøre nogen udfordringer.

Fremover afhænger gennemførelsen af købstilbuddet i praksis af, om S-Pankki opnår en tilstrækkelig stor andel af OmaSp's aktier (dvs. over 90 %) i løbet af tilbudsperioden. Vi anser det for meget sandsynligt, at tilbuddet vil blive gennemført, da OmaSp's største aktionærer allerede tidligere har givet deres uigenkaldelige støtte til tilbuddet, og den tilbudte præmie er attraktiv for de nuværende ejere. Tilbudsperioden for købstilbuddet udløber den 25.09.2026.

Oma Savings Bank is a Finnish bank that serves private and corporate customers nationwide through its branch offices and digital service channels. The company focuses primarily on retail banking operations and provides its clients banking services through its own balance sheet as well as by acting as an intermediary for its partners' products, such as credit, investment, and loan insurance products. OmaSp is also engaged in mortgage banking operations.

Read more on company page

Key Estimate Figures13.08

202526e27e
Operating income221.4204.9209.5
growth-%-18.0 %-7.5 %2.3 %
EBIT (adj.)56.652.955.2
EBIT-% (adj.)25.6 %25.8 %26.3 %
EPS (adj.)1.371.271.36
Dividend0.500.610.88
Dividend %4.1 %3.6 %5.2 %
P/E (adj.)8.913.412.5
EV/EBITDA62.755.652.7

Forum discussions

What happens to securities and equity savings accounts (osakesäästötili) held at Oma Säästöpankki? Or did they even offer such products in the...
9/25/2026, 9:48 AM
by Matsku
0
I hold this in both my equity savings account (osakesäästötili) and my standard brokerage account (arvo-osuustili). For the equity savings account...
9/25/2026, 7:13 AM
by Jepperson
0
If the tender offer goes through, they will pay the money to those who accepted it on October 7th.
9/21/2026, 1:23 PM
by Tmpr2000
3
I already sold my OmaSP shares almost as soon as the price jumped to just under €17. The money is now in other assets; actually, I bought Nokia...
9/21/2026, 12:18 PM
by Kunhalvallasaa
3
Trading is still ongoing on the stock exchange. Right now, buy orders are at 193k @ 17.12 and sell orders are at 13.8k @ 17.14, meaning shares...
9/21/2026, 12:05 PM
by Kivikko
1
It’s likely that this will happen, which is why it’s worth looking at the aforementioned taxation aspect right now; refusal → potentially taxation...
9/21/2026, 10:49 AM
by Junnu
2
Mandatum announced today that the choice regarding the sale of OmaSp should be made by September 23rd at the latest. Their default value is ...
9/21/2026, 10:38 AM
by Kivikko
0