Oma Säästöpankki Oyj (OMASP) Earnings Call Transcripts

Oma Säästöpankki Oyj's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Oma Säästöpankki Oyj reported a revenue decline of approximately 16% year-over-year, with comparable operating income decreasing by nearly EUR 10 million. The net interest income fell by about 24% due to low market interest rates, while fee and commission income grew by 7%, totaling EUR 13.4 million. Management maintained their guidance for 2026, indicating a slight decrease in comparable profit before tax compared to the previous year, driven by ongoing challenges in the Finnish housing market.

Reported metrics

Guidance from management

Management expects comparable profit before tax for 2026 to decrease slightly compared to the previous year, primarily due to lower market interest rates and ongoing challenges in the housing market.

What management said

Good morning, and welcome to Oma Savings Bank's First Quarter Results Presentation Webcast. My name is Pirjetta Soikkeli, I'm Head of Communications. We will soon start the event with the presentation by our CEO, Karri Alameri. [Operator Instructions]. With that, Karri, please welcome on stage.

Thank you, Karri. And we will now move on to the Q&A session. I remind you if you wish to ask questions, you need to dial into the telephone conference. So operator, we would be ready to take the questions.

What analysts pressed on

Analysts expressed concerns regarding the trajectory of new lending growth and its impact on the overall loan portfolio. There were also questions about the uncertainty in the housing market and its effect on future guidance.

Main topics on the call

• Revenue Decline — OmaSp's comparable operating income decreased by nearly EUR 10 million, representing a 16% decline year-over-year. CEO Karri Alameri noted, 'Despite the challenges, OmaSp delivered performance in line with expectations.'
• Growth in Fee and Commission Income — Total fee and commission income increased by approximately EUR 15.8 million, or 7% year-over-year. Alameri highlighted that 'the growth in Payment Services income was reported by pricing changes implemented in the final ...
• New Lending Volumes — New lending volumes grew by almost 64% year-on-year, reaching EUR 221.7 million. Alameri stated, 'We aim during this year to be in a situation where the net balance sheet starts to increase.'
• Nonperforming Exposures — Nonperforming exposures increased to EUR 543 million, representing about 9% of the loan portfolio. Alameri mentioned, 'The weak Finnish economy... continues to be reflected in our nonperforming exposures.'

Read the full Oma Säästöpankki Oyj transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Oma Säästöpankki Oyj earnings call transcripts on record, spanning February 12, 2026 to August 13, 2026. Based on this history, Oma Säästöpankki Oyj reports quarterly. The most recent call on file is dated August 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

OMASP

Exchange

HLSE

Country

FI

Sector

Financials

Industry

Banks

Calls on record

4

First call

February 12, 2026

Most recent

August 13, 2026

Reporting cadence

quarterly