contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  availableLanguages
  pageUrl
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

availableLanguages

pageUrl

imgUrl

description

Analyst

Kasper Mellas

United Bankers operates in the financial industry. The bank offers a wide range of financial services in asset and fund management, as well as structured investment and corporate loans. The advice covers a large part of the major financial markets on a global level and includes both listed and unlisted companies, as well as a selection of listed funds and derivatives. The bank was founded in 1986 and is headquartered in Helsinki.

United Bankers

Long-term CEO Patrick Anderson is likely to become the full-time Chairman of the Board of Directors. Starting from November 1, 2024, John Ojanperä will become the CEO of the company, whom we consider a sensible choice for UB’s CEO.

Translation: Original published in Finnish on 10/18/2024 at 07:47 am EEST
On Thursday, United Bankers announced a change of CEO. Long-term CEO Patrick Anderson will become the full-time Chairman of the Board of Directors if the 2025 Annual General Meeting decides to appoint him as a member of the Board of Directors following the proposal. Starting from November 1, 2024, John Ojanper&#xe4; will become the CEO of the company, whom we consider a sensible choice for UB&#x2019;s CEO. Anderson will act as an advisor to the new CEO until the 2025 AGM.
<h2>A logical transition</h2>
Ojanper&#xe4;, who was elected as the new CEO, has been at UB since 2014 and has served as the CEO of UB Fund Management Company Ltd and a member of UB&#x2019;s management team. Ojanper&#xe4; holds a Master&apos;s degree in Economics and before his career at UB, he worked, for example, in mergers and acquisitions and auditing.
We believe that Anderson will shift his focus more toward strategy development while Ojanper&#xe4; takes over operational responsibility. In practice, this could mean, for example, mapping M&amp;A transactions and organic growth projects. We think this is perfectly logical, as UB still aims to grow its size class. We believe that in the medium term, UB will be active in the M&amp;A field.
In our estimate, small Finnish financial houses that complement the company&apos;s product offering and medium-sized asset managers from Sweden, which would enable it to become more prominent in the Swedish asset management market, are interesting M&amp;A targets for UB. In particular, smaller domestic product houses would be an interesting addition to the company, as UB could use its existing distribution network with them.

	2023	24e	25e
Revenue	52.1	59.5	60.1
growth-%	7.48 %	14.06 %	0.87 %
EBIT (adj.)	16.9	21.5	19.5
EBIT-% (adj.)	32.37 %	36.05 %	32.52 %
EPS (adj.)	1.22	1.48	1.34
Dividend	1.00	1.10	1.15
Dividend %	6.94 %	6.32 %	6.61 %
P/E (adj.)	11.76	11.78	12.96
EV/EBITDA	7.65	7.08	7.35

Change of United Bankers' CEO

A logical transition

United Bankers

Key Estimate Figures26.08

A logical transition

United Bankers

Key Estimate Figures26.08

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