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Konkurrensverket godkände S-Banks uppköpserbjudande gällande OmaSp

OMASPAnalyst Comment2026-08-28 07:42
Kasper MellasAnalyst
Discuss

Automatisk översättning: Ursprungligen publicerad på finska 2026-08-28 05:42 GMT. Ge feedback här.

S-Pankki meddelade på torsdagen att det har fått det nödvändiga godkännandet från Konkurrens- och konsumentverket för sitt offentliga uppköpserbjudande gällande aktierna i Oma Säästöpankki. Konkurrensmyndighetens godkännande var väntat, och vi tror inte heller att det återstående godkännandet från Finansinspektionen kommer att utgöra några utmaningar.

Härefter hänger uppköpserbjudandets framgång i praktiken på om S-Banken får en tillräckligt stor andel av OmaSp:s aktier (dvs. över 90 %) under anbudstiden. Vi anser att det är mycket sannolikt att erbjudandet genomförs, eftersom OmaSp:s största ägare redan tidigare har gett sitt oåterkalleliga stöd för erbjudandet, och den erbjudna premie är attraktiv för de nuvarande ägarna. Anbudstiden för uppköpserbjudandet löper ut den 25 september 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.)8.913.312.5
EV/EBITDA62.755.552.7

Forum discussions

Here are Kassu’s brief comments on the competition authority approving S-Pankki’s tender offer for OmaSp Inderes – 28 Aug 26 Kilpailuviranomainen...
34 minutes ago
by Sijoittaja-alokas
2
On Wednesday, the District Court of South Ostrobothnia declared Fisyri bankrupt. The company in the construction sector was previously known...
yesterday
by Lohav
11
Kasper has published a new company report on OmaSp OmaSp reported a fairly unsurprising Q2 result. Consequently, our earnings forecasts for ...
8/13/2026, 4:29 PM
by Sijoittaja-alokas
1
I haven’t delved too deeply into the results, but at a quick glance, the quality of the loan portfolio continues to deteriorate. These two tables...
8/13/2026, 1:58 PM
9
Kassu interviewed OmaSP’s CEO Karri Alameri Topics: (00:00) Introduction (00:09) A quarter in line with expectations (01:00) Development of ...
8/13/2026, 12:40 PM
by Sijoittaja-alokas
0
OmaSP has been quite generous in distributing money to the business ventures of these particular gentlemen. NORDEA was also previously handing...
8/12/2026, 6:57 PM
by Lohav
3
Bankruptcy streak continues – Now OmaSp targets the owner of a former clothing store property The owner of the property located on Koulukatu...
8/12/2026, 6:40 PM
by Lohav
5