Avanza Bank Holding AB (publ) reported consolidated earnings results for the third quarter and nine months and parent earnings results for the nine months ended September 30, 2018. For the quarter, on consolidated basis, the company reported operating income of SEK 267 million against SEK 227 million a year ago. Operating profit was SEK 132 million against SEK 104 million a year ago. Net profit was SEK 106 million against SEK 89 million a year ago. Earnings per diluted share was SEK 3.53 against SEK 2.97 per share a year ago. Net inflow was SEK 8,380 million against SEK 5,900 million a year ago. Net interest income was SEK 31 million against SEK 25 million a year ago. Return on shareholders' equity was 30% against 28% a year ago. Cash flow from operating activities before changes in operating activities' assets and liabilities was SEK 193 million against cash flow used in operating activities before changes in operating activities' assets and liabilities of SEK 384 million a year ago. Cash flow from operating activities' assets and liabilities was SEK 1,667 million against SEK 1,505 million a year ago.

For the nine months, on consolidated basis, the company reported operating income of SEK 782 million against SEK 705 million a year ago. Operating profit was SEK 342 million against SEK 327 million a year ago. Net profit was SEK 289 million against SEK 280 million a year ago. Earnings per share was SEK 9.63 against SEK 9.40 per share a year ago. Net inflow was SEK 21,200 million against SEK 23,200 million a year ago. Net interest income was SEK 89 million against SEK 81 million a year ago. Return on shareholders' equity was 28% against 30% a year ago. Cash flow from operating activities before changes in operating activities' assets and liabilities was SEK 542 million against cash flow used in operating activities before changes in operating activities' assets and liabilities of SEK 1,200 million a year ago. Cash flow from operating activities' assets and liabilities was SEK 2,711 million against SEK 3,467 million a year ago.

For the first nine months of 2018, the operating loss of the parent company was SEK 13 million against SEK 11 million a year ago. Profit before tax was SEK 7 million against loss of SEK 11 million a year ago. Net profit was SEK 5 million against loss of SEK 8 million a year ago.

The company expects normal tax rate of between 14% and 15% for the full year 2018.