Mandatum Q2 profit before taxes more than doubles to EUR 79.1 million year-on-year; fee result rises 21% to EUR 22.4 million
Reuters2026/08/13 05:32- Mandatum posted profit before taxes of EUR 79.1 million in April-June, more than doubled from a year earlier.
- Net finance result climbed to EUR 55.4 million, due to higher investment returns than in the prior-year quarter.
- Fee result rose 21% to EUR 22.4 million on higher client assets under management.
- Client assets under management increased 16% year-on-year to EUR 16.7 billion; quarterly net flow was unchanged at EUR 164 million.
- Outlook unchanged: fee result expected to increase from 2025; with-profit portfolio expected to decrease further.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
For the first time in over a year, the open interest share of altcoins has surpassed that of bitcoin.
OPEC+ agrees to keep oil output policy unchanged for October
US military strikes Iranian oil tanker, triggering geopolitical risks as Brent crude nears $97 mark
Following the US military's attack on Iranian oil tankers and Iran's announcement of new restricted navigation zones outside the Strait of Hormuz, market concerns over prolonged disruptions in key energy transport routes have intensified, leading to a sharp rise in international oil prices.
Geopolitical tensions overshadowing production cuts: OPEC+ maintains quotas unchanged, paper adjustments fail to resolve physical supply dilemmas
OPEC+ major oil producers, led by Saudi Arabia and Russia, held a monthly video conference last Sunday and decided to keep the crude oil production quota for October unchanged, continuing the previous tone of stable production following a series of symbolic production increases.
Crypto prices
More
