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Mandatum

6.02 EUR-0.41 %2/10 13:22
7,924 following

MANTA

NASDAQ Helsinki

Financial Services

Financials

Overview
Financials & Estimates
Dividend
Investor views
Compare
-0.41 %
-6.01 %
+10.56 %
-14.71 %
-12.55 %
+5.50 %
-
-
+64.10 %

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
3.03B EUR
Turnover
1.21M EUR
P/E (adj.) (26e)
23.01
EV/EBIT (adj.) (26e)
19.23
P/B (26e)
2.67
EV/S (26e)
19.76
Dividend yield-% (26e)
13.36 %
Coverage
Recommendation
Reduce
Target price
6.20 EUR
Updated
2026-08-20
Disclaimer
Sauli Vilén
Kasper Mellas
Kasper Mellas, Sauli Vilén
Show more
Latest research

Latest analysis report

Released: 2026-08-20

Latest extensive report

Released: 2026-08-20

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Research
Webcasts
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Forum discussions
I’m reading @Kasper_Mellas’s excellent and still fresh comprehensive report on Mandatum. There is a lot that could be highlighted from the report for the forum thread, but as a macro enthusiast, this estimate of market growth is the most pleasing to the eye. Clear logic that is easy...
9/23/2026, 7:19 AM
by Verneri Pulkkinen
51
mandatum is coming to #ROAST​ for the second time, this time in the form of CFO Matti Ahokas. As usual, tough audience questions are welcome. Live on Friday!\n\nROAST Mandatum 25.9.2026 - Inderes
9/21/2026, 12:48 PM
by Verneri Pulkkinen
38
Here is also Vepu’s final Roast and probably his last video as an employee at Inderes.
9/25/2026, 5:07 PM
by Sijoittaja-alokas
31
OP changed its recommendation in the morning from Reduce → Add. The target price remained unchanged at €6.50. The change was based, among other things, on strong evidence of business growth, which is partly supported by the Cliens acquisition.
9/25/2026, 6:52 AM
by Cadel
30
News Powered by Cision Mandatumin kiinteistösalkuille viisi tähteä kansainvälisessä GRESB-arvioinnissa Mandatum Oyj, Lehdistötiedote, 1.10.2026 klo 14.00 Mandatum AM Suomi Kiinteistöt II - The international Global Real Estate Sustainability Benchmark (GRESB) assesses the sustainability...
yesterday
by Cadel
23
Five stars is an absolutely fantastic achievement! By the way, has the fund allowed redemptions yet? The latest information found on their website regarding the matter is from 2024, when subscriptions and redemptions were suspended: Mandatum AM AIFM Well, at least in the meantime...
yesterday
by V1pp0
12
Mandatum’s earnings reporting for next year. News Powered by Cision Mandatum Oyj:n tulostiedottaminen ja varsinainen yhtiökokous vuonna 2027 Mandatum Oyj, Pörssitiedote, 30.9.2026 klo 17.45 Mandatum Oyj raportoi tuloksestaan vuonna
yesterday
by Simuli
12
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
10/11
2026

Interim report Q3'26

11/2
2027

Annual report '26

4/5
2027

Interim report Q1'27

Press release2026-10-01 13:00

Mandatum Oyj: Mandatum's real estate portfolios receive five-star rating in international GRESB Assessment

Mandatum
Regulatory press release2026-09-30 16:45

Mandatum Oyj: Mandatum plc's financial information and Annual General Meeting in 2027

Mandatum
Analyst Comment2026-09-18 11:07 by
Sauli Vilén, Kasper Mellas

Significant qualitative differences in asset managers' AUM

The most valuable assets under management is wealth tied up in high-quality, scalable products that generate good fees.

Aktia PankkiMandatumTaalerieQEvliAlexandria GroupCapManUnited BankersTitanium

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Regulatory press release2026-09-14 13:30

Mandatum Oyj: Change in Mandatum's Group Management Team

Mandatum
Analyst Comment2026-09-03 08:42 by
Sauli Vilén, Kasper Mellas

Decent start for asset managers, with earnings growth set to accelerate in H2

The early-year performance of asset managers was moderate, and earnings growth should accelerate clearly in the second half of the year, driven by a strong market.

Alexandria GroupTaaleriMandatumAktia PankkieQEvliTitaniumUnited BankersCapMan
Mandatum’s analyst event highlighted excellent growth outlook in asset management
Analyst Comment2026-08-26 10:11 by
Kasper Mellas, Sauli Vilén

Mandatum’s analyst event highlighted excellent growth outlook in asset management

The day's key takeaways focused on the progress of the company's strategy, the Cliens acquisition, and more technical topics such as organic capital generation and net financial result.

Mandatum
Regulatory press release2026-08-21 15:00

Mandatum plc: Managers' Transactions (Entity closely associated with Lapveteläinen)

Mandatum
Regulatory press release2026-08-20 16:30

Mandatum Oyj: Change in the Composition of Mandatum plc's Shareholders' Nomination Board

Mandatum
Mandatum Extensive Report: One of the brightest in the sector
Extensive research2026-08-20 10:07 by
Kasper Mellas, Sauli Vilén

Mandatum Extensive Report: One of the brightest in the sector

The company's current development is extremely impressive, but the current price tag sets the bar too high.

Mandatum
Regulatory press release2026-08-19 10:30

Mandatum Oyj: Mandatum establishes a new share-based long-term incentive scheme and launches its first plan covering 2026-2029

Mandatum
Regulatory press release2026-08-19 10:15

Mandatum Oyj: Change in the Board of Directors of Mandatum plc

Mandatum
Regulatory press release2026-08-18 14:00

Mandatum plc: Managers' Transactions (Ahokas)

Mandatum
Regulatory press release2026-08-18 08:50

Mandatum plc: Managers' Transactions - Altor Invest 8 AS

Mandatum
Mandatum Q2'26: Everything else is fine except the price
Research2026-08-14 08:11 by
Kasper Mellas, Sauli Vilén

Mandatum Q2'26: Everything else is fine except the price

Mandatum's Q2 earnings exceeded our estimates, driven by investment income, and the fee result, the most important bottom line for the group's value, continued its impressive growth.

Mandatum
Mandatum Oyj, Audiocast, Q2'26
Webcast2026-08-13 10:00

Mandatum Oyj, Audiocast, Q2'26

Mandatum
Mandatum's long-awaited acquisition appears strategically sound
Analyst Comment2026-08-13 11:13 by
Sauli Vilén, Kasper Mellas

Mandatum's long-awaited acquisition appears strategically sound

Mandatum's internationalization takes a big leap with the acquisition of Swedish Cliens. The terms of the deal seem reasonable, and the target complements Mandatum well.

Mandatum
Mandatum Q2'26 flash comment: Market tailwinds were stronger than we expected
Analyst Comment2026-08-13 09:02 by
Kasper Mellas, Sauli Vilén

Mandatum Q2'26 flash comment: Market tailwinds were stronger than we expected

The stronger-than-expected result was due to the net finance result, which fluctuates with capital markets.

Mandatum
Press release2026-08-13 08:15

Mandatum Oyj: Mandatum förvärvar majoritetspost i Cliens och stärker sin närvaro i Sverige

Mandatum
Regulatory press release2026-08-13 07:55

Inside information: Mandatum acquires Swedish asset manager Cliens and strengthens its position in Nordic asset management

Mandatum
Regulatory press release2026-08-13 07:30

Mandatum plc's Half-Year Financial Report 1 January-30 June 2026: Strong earnings growth in the second quarter

Mandatum