Northmill publishes its 2025 Annual Report
Northmill publishes its 2025 Annual Report with record-high results. Earnings before tax rose 56% and the portfolio grew 30%, reinforcing its position as a leading Nordic challenger bank.
Press Release
Thursday April 30, 2026 08:00 CET
Northmill Group AB (publ) publishes the annual report for the fiscal year 2025. The report shows record-high results for the Group. Earnings before tax (EBT) amounted to 224 MSEK, an increase of 56% compared to 2024. The total portfolio grew by 30% to 5,561 MSEK. Investments in people, building the bank and the brand during the year have strengthened Nortmill’s position as a leading Nordic digital challenger bank.
Summary 2025 annual report:
Gross portfolio: 5,561 MSEK (+30% vs 4,264 MSEK FY 2024)
Card customers reached 211 K (+252% vs 60 K FY 2024)
Operating income: 881 MSEK (+18% vs 748 MSEK FY 2024)
Transaction income B2B and B2C: 94 MSEK (+16% vs 81 MSEK FY 2024)
EBT: 224 MSEK (+56% vs 144 MSEK FY 2024)
19 consecutive years of profitable growth
Contacts:
IR: Emil Folkesson, CFO, ir@northmill.se, +46 08 - 400 070 40
Press: Frida Almgren, PR, press@northmill.se, + 46 76 - 19 98 300
About Northmill Bank
Northmill Bank is a Nordic digital challenger bank with the vision of improving people’s financial lives. With a full Swedish banking license, the bank offers financial services for both consumers and businesses. Northmill became the EU-based bank receiving the most awards at the Banking Tech Awards 2025 and has been ranked three times as one of Europe’s fastest-growing companies by the Financial Times, most recently 2026. In Q4 2024, it became the first Swedish bank to complete a payment through the Swedish Riksbank’s new infrastructure for real-time account to account payments, RIX-INST. Northmill Group’s CEO Julie Chatterjee was one of only two executives from a Swedish bank invited to speak at the most recent annual FT Global Banking Summit in December. In October 2025, her peer-reviewed publication on AI in banking, was published in the Journal of Digital Banking. www.northmill.com/se/
Northmill Bank’s Annual Report 2025 (Swedish) is available here
Northmill Group’s Annual Report 2025 (Swedish) is available here
