Avanza lifts Q3 profit 13% on record fund inflows and 53,000 new customers
Swedish platform Avanza reported Q3 2026 operating profit of SEK 920 million, up 13%, with record mutual fund inflows and nearly 53,000 new customers.
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what happened
Avanza Bank Holding AB has released its interim report covering January to September 2026. Operating income in the third quarter climbed 12% to SEK 1,283 million, driven mostly by net interest income, fund commissions and currency-related earnings.
Operating expenses rose 12% to SEK 362 million, while profit for the period reached SEK 790 million, up 13%. Earnings per share before dilution came in at SEK 4.90, a 12% gain. The company also rolled out its Avanza Sigma discretionary management service and named Christian Sillesen as Denmark country manager.
Net inflow reached SEK 23,100 million in the quarter, and the customer count stood at 2,391,100 at period end.
why it matters
The report suggests Swedish retail investing is recovering, with customer growth and fee income supporting Avanza's revenue outlook. The international expansion cost estimate for 2026 was cut from SEK 50 million to SEK 40 million, and the overall budget until the Danish launch remains SEK 120–150 million.
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