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Mandatum

6.52 EUR

-0.67 %

7,186 following

MANTA

NASDAQ Helsinki

Financial Services

Financials

-0.67 %
+1.62 %
+9.51 %
+15.08 %
+45.45 %
+50.21 %
-
-
+77.62 %

Mandatum operates in the financial sector. The company offers various financial services to both private savers and corporate customers. The range is broad and mainly includes capital and wealth management, savings and investments, compensation, pension plans and personal risk insurance. The largest operations are in Finland.

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Market cap
3.28B EUR
Turnover
7.39M EUR
P/E (adj.) (25e)
21.08
EV/EBIT (adj.) (25e)
15.08
P/B (25e)
2.3
EV/S (25e)
17.46
Dividend yield-% (25e)
15.35 %
Coverage
Recommendation
Reduce
Target price
6.00 EUR
Updated
12.11.2025
Disclaimer
Sauli Vilén
Kasper Mellas
Kasper Mellas, Sauli Vilén
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Latest research

Latest analysis report

Released: 12.11.2025

Latest extensive report

Released: 14.04.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
12.2
2026

Annual report '25

8.5
2026

Interim report Q1'26

12.5
2026

General meeting '26

Risk
Business risk
Valuation risk
Low
High
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Analyst Comment by
Sauli Vilén, Kasper Mellas

The financial sector will rank top positions on dividend lists also next spring

For financial companies, 2025 has been very positive in terms of the operating environment, with strong capital market development and stabilized interest rates. However, the performance of the companies has been varying, and many companies we follow have suffered particularly from the subdued development of alternative investment returns (new sales and performance fees).

Aktia PankkiOma SäästöpankkiAlisa PankkiNordea BankSampoMandatumAlexandria GroupTaaleriEvlieQUnited BankersCapManTitanium

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Forum discussions
There’s a whole bunch of us managing Manta in our portfolio. Today is payday for us. Mandatum has supported the Finnish alpine skiing national team for years, with rather meager results. But now it hit big. Eduard Hallberg celebrated on the third step of the Levi World Cup podium...
11/16/2025, 1:39 PM
by Nokiotta
59
Mandatum was rated Finland’s best private wealth manager in Kantar Prospera’s latest survey. The Top 5 were as follows: Mandatum Ålandsbanken Nordea OP Danske Bank Inderes Mandatum Oyj: Mandatum arvioitiin Suomen parhaaksi yksityisvarainhoitajaksi... Lehdistötiedote 21.11.2025 klo...
11/21/2025, 11:15 AM
by Kasper Mellas
42
News Powered by Cision Mandatumin korkostrategia voitti arvostetun Scope Award -palkinnon Lehdistötiedote, 21.11.2025 klo 9.00 Mandatumin Fixed Income Total Return -rahasto voitti The Scope Award 2026 gala awarded the Mandatum Fixed Income Total Return Fund as the best in the category...
11/21/2025, 7:08 AM
by Cadel
35
OP sharpened up a bit, as they previously estimated far too low. Now Inderes has become a bit cautious; it’s probably just quarterly considerations, one SHOULD look beyond 2030. Mandatum has already said that the with-profit portfolio will not be empty in 2023, there will still be...
11/12/2025, 2:18 PM
by Ari
30
News Powered by Cision Mandatum Asset Management mukaan tukemaan Novatronin kasvua ja... Lehdistötiedote, 9.12.2025 klo 9.00 Suomalaisen teknologiayritys Novatronin kasvutarina saa The growth story of the Finnish technology company Novatron gains new momentum with an investment from...
12/9/2025, 7:18 AM
by Cadel
27
That final comment about dividends, “I want to emphasize the word over” when he spoke about over a billion in dividends. Surely, that can only be read as meaning that the amount exceeding a billion that is being distributed is not small.
11/28/2025, 5:58 AM
by makuasia
27
Regarding dividends. If one reflects on the over one billion to be distributed, then if next year the performance-based dividend were 0.15 + an additional dividend of 0.85, an additional dividend of approximately 1.15 would remain for the next two years, i.e., 0.575 per year, plus...
12/3/2025, 2:33 PM
by Ari
22
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