Long-term value growth
15 per cent average annual savings capital growth
There is a strong correlation between growth in savings capital and growht in income. Our strategic priorities by 2030 shall support further growth, which is reflected in the target to grow savings capital with on average 15 per cent annually.
Decreased costs to savings capital ratio over time
Cost efficiency is an important part of our profitability. To sustain our industry leading position when it comes to costs to savings capital ratio, one of our prioritised areas by 2030 is to improve our scalability – reflected in the target to decrease costs to savings capital ratio over time. The measure could be affected by market fluctuations, which may impact the ratio negatively certain years.
Annual average cost increase of 8 per cent
Annual average cost increase will be below 8 per cent, with 2024 as base year. Cost increases will be higher in the beginning of the period, trending downwards to reach 5 per cent by the end of the period as we increase scalability. The cost increase rate includes cloud migration and excludes a potential international expansion.
Return on equity of at least 35 per cent
Our return on equity target ensures a continued focus on profitability and effective management of the balance sheet.
Dividend of 70 per cent
Dividend of 70 per cent of net profit for the year taking into account the leverage ratio requirement, including the Pillar 2 guidance and internal buffer.
