Mandatum reports higher Q3 profit and fee result
Profit before taxes rose 23% year over year to EUR 55.7 million, while fee result increased 20% and the cost/income ratio fell to 50%.
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Finnish financial services group
mandatum.fiLast updated
In short: Mandatum completed the Cliens acquisition, reported higher Q3 profit, and expanded its Nordic asset management business.
Profit before taxes rose 23% year over year to EUR 55.7 million, while fee result increased 20% and the cost/income ratio fell to 50%.
The company reports strong Q2 2026 performance with record AuM. It also acquires Swedish manager Cliens to expand Nordic presence.
Q2 profit rose 32%. Mandatum announced the acquisition of Swedish asset manager Cliens to support Nordic expansion by the end of 2026.
The deal values Cliens at approximately sixty-four million euros, expanding Mandatum’s presence in Sweden and strengthening its active equity management offerings across the region.
Finnish Mandatum bought Cliens and states that the dividend payout is not affected. The plan includes at least one billion euros to shareholders.
The deal strengthens Mandatum's offering in equity management and increases its presence in the Swedish market, which is the largest in the Nordics.
Mandatum buys a majority stake in the Swedish asset management company Cliens Holding AB. Listen to the story 2:00 Asset management and life insurance company Mandatum posted a strong result in the spring and summer. Mandatum's profit before taxes in April-June was...
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