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Norion Bank AB (OSTO:NORION) Altman Z-Score


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What is Norion Bank AB Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Norion Bank AB (OSTO:NORION) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Norion Bank AB (OSTO:NORION) » Definitions » Altman Z-Score
Comparable Companies
OSTO:INTRUM OSTO:RESURS OSTO:QLIRO OSTO:YIELD NGM:FRNT B V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF NSE:CHOLAFIN BOM:543257 BOM:532810 TSE:8593 BOM:532955
Traded in Other Exchanges
N/A
Address
Lilla Bommens Torg 11, Goteborg, SWE, 411 04
Website
https://www.collector.se
Norion Bank AB, formerly Collector Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.