Year-end report January-December 2022

08 Feb 2023 07:30 CET

Collector Bank AB publishes the year-end report for the period January-December
2022.

FOURTH QUARTER OF 2022 (COMPARED TO THE FOURTH QUARTER OF 2021)

· The loan portfolio amounted to SEK 41,490 million (36,214)
· Total income amounted to SEK 928 million (705)
· The C/I ratio amounted to 24.9% (28.1)
· The credit loss level amounted to 2.5% (2.3)
· Operating profit amounted to SEK 437 million (304)
· Net profit amounted to SEK 346 million (234) and earnings per share amounted
to SEK 1.62 (1.09)
· Return on equity amounted to 20.8% (16.9)
· The CET1 ratio amounted to 14.3% (13.9) and the total capital ratio amounted
to 15.4% (16.4)

JANUARY-DECEMBER 2022 (COMPARED TO JANUARY-DECEMBER 2021)

· The loan portfolio amounted to SEK 41,490 million (36,214)
· Total income amounted to SEK 3,212 million (2,637)
· The C/I ratio amounted to 25.9% (30.0)
· The credit loss level amounted to 2.4% (2.6)
· Operating profit amounted to SEK 1,442 million (963)
· Net profit amounted to SEK 1,141 million (753) and earnings per share
amounted to SEK 5.34 (3.47)
· Return on equity amounted to 18.3% (14.1)
· The CET1 ratio amounted to 14.3% (13.9) and the total capital ratio amounted
to 15.4% (16.4)
· The Board of Directors proposes that no dividend will be paid for the
financial year 2022

SIGNIFICANT EVENTS DURING THE PERIOD
On 9 February 2022, Collector Bank informed that the Swedish Financial
Supervisory Authority ("SFSA") had requested an opinion from the bank as a
continuation of the previously initiated open theme investigation regarding
credit assessments of consumer credits, including Collector Bank and a number of
other players on the Swedish consumer lending market. On 31 October 2022, the
SFSA informed that the case had been dismissed without further action. The
decision stated that the bank to a high extent has taken measures to correct
the, according to the SFSA, historical shortcomings.
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
No significant events have occurred after the end of the period.
CONFERENCE CALL
A conference call will be held in Swedish on 8 February 2023 at 10:00 a.m.
(CET), during which CEO Martin Nossman and CFO Peter Olsson will present the
report. The presentation will be followed by a Q&A session. To participate in
the conference call, dial +46 850 516 386 or +44 2031 984 884, pin code
6984892#. The presentation will be broadcasted live at
https://ir.financialhearings.com/collector-bank-q4-2022.
The presentation material will be available in English and published in
connection with the conference call on www.collector.se/en/, where the recorded
version of the webcast will be available afterwards.
For more information, please contact:
Peter Olsson, CFO
Phone: +46 73 712 04 46
E-mail: peter.olsson@collectorbank.se
Madeleine Mörch, Head of IR & Communications
Phone: +46 73 712 04 52
E-mail: madeleine.morch@collectorbank.se
This is information that Collector Bank AB (publ) is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact persons set out above, on 8
February 2023 at 07:30 a.m. CET.

Collector Bank specializes in financing solutions for corporates and private
individuals, with particular focus on medium-sized companies. We are the
corporates' complement to larger traditional banks. The corporate offering
includes real estate lending, corporate lending and factoring as well as payment
solutions. Our services for private individuals include personal loans, invoice
and payment by instalment services, credit cards and deposit accounts. The
company has offices in Gothenburg (headquarters), Stockholm, Helsinki and Oslo.
Collector Bank AB (publ) is listed on Nasdaq Stockholm.

Collector Bank AB (publ) 556597-0513 | Box 119 14, SE-404 39 Gothenburg |
Switchboard +46 10-161 00 00 | E-mail info@collectorbank.se |
www.collector.se/en/

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581609_Collector_Bank_AB_Year_end_report_2022_Press_release.pdf
581609_Collector_Bank_AB_Year_end_report_2022.pdf