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1. Company Snapshot

1.a. Company Description

Oma Säästöpankki Oyj, a savings bank, provides banking services to private customers, small and medium-sized enterprises, and agriculture and forestry entrepreneurs in Finland.The company offers accounts; cards mortgage, car, renovation, student, business, and other loans, as well as guarantee facilities; savings and investment products; and asset management, payment, insurance, brokerage, and legal and other advisory services, as well as mobile and online banking services.It operates 32 branches.


The company was founded in 2009 and is headquartered in Lappeenranta, Finland.

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1.b. Last Insights on OMASP

Oma Savings Bank's recent performance has been driven by several positive factors. The bank's half-year financial report for January-June 2025 revealed a solid foundation for its core business, with ongoing improvements in operating models. The appointment of Sasu Sihvonen as Chief Risk Officer and member of the management team, effective September 1, 2025, brings over 25 years of experience in global financial services leadership. Additionally, S&P Global Ratings affirmed the bank's credit rating at BBB/A-2, although the outlook was changed to negative. The bank's management team was also updated with Pirjetta Soikkeli joining as a member.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Oma Savings Bank Plc - Managers' transactions - Sirkiä

Nov -27

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Oma Savings Bank Plc - Managers' transactions - Liiri

Nov -27

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Oma Savings Bank Plc - Managers' transactions - Alameri

Nov -27

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Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel of the company for the transfer of savings shares in the share savings plan

Nov -27

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Oma Säästöpankki (HLSE:OMASP) Profit Margin Drop Challenges Dividend Sustainability Narratives

Nov -04

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Oma Savings Bank Plc’s Interim Report January-September 2025: Moderate result in challenging operating environment – solvency strengthened further

Nov -03

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Inside information: Oma Savings Bank Plc discontinues the IRB application process and does not seek IRB permit in the near future

Oct -30

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Oma Savings Bank Plc's financial reporting and Annual General Meeting in 2026

Oct -30

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (5.00%)

6. Segments

Banking and Related Activities

Expected Growth: 5%

Oma Säästöpankki Oyj's 5% growth in Banking and Related Activities is driven by increasing demand for digital banking services, expansion into new markets, and strategic partnerships. Additionally, the bank's focus on customer experience, cost optimization, and investment in technology have contributed to its growth. Furthermore, the Finnish economy's stability and growth have also supported the bank's expansion.

7. Detailed Products

Private Banking

Personalized banking services for high net worth individuals, including investment advice, wealth management, and tailored financial solutions.

Corporate Banking

Financial solutions for businesses, including cash management, trade finance, and risk management services.

Retail Banking

Everyday banking services for individuals, including current accounts, savings accounts, and personal loans.

Mortgage Loans

Competitive mortgage loan options for individuals and families purchasing or refinancing a home.

Investment Services

A range of investment products, including mutual funds, equities, and fixed income securities.

Insurance Services

Life insurance, pension insurance, and other insurance products to protect individuals and families.

Card Services

Credit and debit card solutions for individuals and businesses, with rewards, benefits, and security features.

Digital Banking

Online and mobile banking services for convenient, 24/7 access to banking services.

8. Oma Säästöpankki Oyj's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Oma Säästöpankki Oyj is moderate due to the presence of alternative banking services and digital payment platforms.

Bargaining Power Of Customers

The bargaining power of customers is high due to the ease of switching banks and the availability of alternative financial services.

Bargaining Power Of Suppliers

The bargaining power of suppliers is low due to the bank's strong financial position and ability to negotiate favorable terms.

Threat Of New Entrants

The threat of new entrants is moderate due to the regulatory barriers and capital requirements for entering the banking industry.

Intensity Of Rivalry

The intensity of rivalry is high due to the competitive nature of the banking industry and the presence of several established players.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 87.17%
Debt Cost 5.19%
Equity Weight 12.83%
Equity Cost 7.51%
WACC 5.48%
Leverage 679.24%

11. Quality Control: Oma Säästöpankki Oyj passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Ålandsbanken

A-Score: 6.4/10

Value: 3.1

Growth: 6.1

Quality: 4.9

Yield: 5.6

Momentum: 9.0

Volatility: 9.7

1-Year Total Return ->

Stock-Card
BCJ

A-Score: 6.4/10

Value: 5.9

Growth: 6.3

Quality: 5.1

Yield: 5.0

Momentum: 8.5

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Walliser

A-Score: 6.3/10

Value: 4.1

Growth: 4.9

Quality: 4.9

Yield: 5.6

Momentum: 8.5

Volatility: 10.0

1-Year Total Return ->

Stock-Card
OmaSp

A-Score: 4.9/10

Value: 7.0

Growth: 6.9

Quality: 4.8

Yield: 4.4

Momentum: 1.5

Volatility: 4.7

1-Year Total Return ->

Stock-Card
BOS

A-Score: 4.7/10

Value: 9.3

Growth: 4.3

Quality: 6.2

Yield: 0.0

Momentum: 4.0

Volatility: 4.3

1-Year Total Return ->

Stock-Card
illimity Bank

A-Score: 4.4/10

Value: 9.0

Growth: 2.4

Quality: 3.0

Yield: 1.9

Momentum: 3.0

Volatility: 7.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

10.86$

Current Price

10.86$

Potential

-0.00%

Expected Cash-Flows