contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Kasper Mellas

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.

Nominee register -17.7M. Osakkeenomistajat - Mandatum

News Powered by Cision              Mandatum Oyj: Mandatumin omistamien Saxo Bank -osakkeiden myynti on toteutunut    Mandatum Oyj, Lehdistötiedote, 2.3.2026 klo 9.15     Mandatum Oyj tiedotti 10.3.2025 myyvänsä                             Mandatum plc announced on 10 March 2025 that it would sell all its shares in Saxo Bank A/S to Bank J. Safra Sarasin Ltd. The completion of the transaction was subject to the receipt of certain customary regulatory and other approvals. All necessary approvals for the transaction have been received, and the transaction was completed on 2 March 2026. The purchase price received by Mandatum in the transaction completed today was approximately EUR 308 million. Certain items in accordance with the share purchase agreement have been deducted from the original purchase price announced on 10 March 2025, such as an adjustment of approximately EUR 8 million reducing the purchase price, announced by Mandatum on 23 January 2026, which was due to an administrative fine imposed on Saxo Bank. The company will use the proceeds to repay a EUR 200 million bank loan, which was taken out to finance the acquisition of Saxo Bank shares from Sampo plc in connection with the partial demerger. The transaction has no material impact on results, taking into account the transaction costs. Had the transaction been completed on 31 December 2025, Mandatum’s pro forma solvency ratio without transitional measures on technical provisions would have increased from 169 per cent to approximately 197 per cent as of 31 December 2025 as a result of the decreased solvency capital requirement. The completion of the transaction has no impact on Mandatum Trader’s customers. Mandatum Services Ltd will continue to provide the Trader service as a tied agent of Saxo Bank also after the completion of the transaction.

As long as money keeps flowing in at the previous and/or an accelerating rate, there will still be funds to distribute. They decided, moderately and wisely, that there’s no need to stress about distributing the Saxo assets in advance, as there’s plenty of time to return them later (or use them for something productive?) Dividend Proposal 2026 (2025) The distributable funds of Mandatum plc, the parent company of Mandatum Group, as of 31 December 2025, were 1,052,554,353.69 euros, of which the profit for the 2025 financial year was 318,087,485.90 euros. The Board of Directors proposes to the Annual General Meeting convening on 12 May 2026 that a dividend of 0.85 euros per share be distributed, totaling 427,292,239.20 euros. After taking the proposed dividend into account, Mandatum plc’s distributable funds are 625,262,114.49 euros. The remaining funds will be retained in the company’s equity. VS. last year Dividend Proposal 2025 (2024) The distributable funds of Mandatum plc, the parent company of Mandatum Group, as of 31 December 2024, were 1,066,246,724.11 euros, of which the profit for the 2024 financial year was 568,363,620.94 euros. The Board of Directors proposes to the Annual General Meeting convening on 15 May 2025 that a dividend of 0.66 euros per share be distributed, totaling 331,779,856.32 euros. After taking the proposed dividend into account, Mandatum plc’s distributable funds are 734,466,867.79 euros. The remaining funds will be retained in the company’s equity.

It will be interesting to see if there will be any flagging notifications. For example, Varma is quite close to the 5% threshold (as of Jan 31, holding 4.43%).

“Go ahead and call, you won’t get any money from there” – This sentence launched Mandatum’s international expansion                   Tärkeimmät talousuutiset | Kauppalehti – 25 Feb 26              ”Soita vaan, et sä sieltä mitään rahaa saa” – Tällä lauseella käynnistyi...    Kun tuntemattoman suomalaisen varainhoitoyhtiön myyjällä on noin 13 sekuntia aikaa vakuuttaa ruotsalainen instituutiosijoittaja puhelimessa, mitä hän sanoo? Mandatum hakee nyt kasvua ulkomailta.                             Here, behind a paywall, is an excellent article about Manta’s global conquest.

Good point, but I think the technical interest rate provision will be enough to be distributed even after 2035. In other words, excess capital will continue to be released even after the €2 extra pot in 2025–2028, so it’s hard to state an absolute right price. Personally, I wouldn’t sell at the €6.15–6.30 share price level the analysts are suggesting.

The decline in the share value should be taken into account here.

Mandatum

Mandatum published Q1 figures that fell short of our expectations. The earnings miss is explained by investment returns, which were slightly below our expectations.

<p>Mandatum published Q1 figures that fell short of our expectations. The earnings miss is explained by investment returns, which were slightly below our expectations. However, the capital-light businesses developed better than expected, so overall the quarterly report left a good impression.&nbsp;</p>

	2023	24e	25e
Revenue	135.0	147.7	155.2
growth-%	7.1 %	9.4 %	5.1 %
EBIT (adj.)	210.4	206.2	196.4
EBIT-% (adj.)	155.9 %	139.6 %	126.6 %
EPS (adj.)	0.32	0.33	0.31
Dividend	0.33	0.33	0.31
Dividend %	8.1 %	5.0 %	4.7 %
P/E (adj.)	12.7	20.2	21.2
EV/EBITDA	7.2	15.4	14.6

There is value in the balance sheet

Key Estimate Figures09.05.2024

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