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 ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  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
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    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
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

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


united-bankers-whopping-profits-selling-forest-fund

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Sauli Vilén

Kasper Mellas

United Bankers is a Finnish expert on wealth management and investment markets, established in 1986. It is one of the oldest non-bank asset managers in Finland. The Group's wealth management business includes funds, discretionary portfolio management, and structured investment products. In its funds, United Bankers specialises in real asset investment solutions, focusing on forest, real estate, infrastructure, and renewable energy. The company also provides capital markets services. United Bankers' headquarters is located in Helsinki.

unitedbankers.fi              Varainhoidon ja sijoittamisen asiantuntija | United Bankers    Luotettavia sijoituspalveluita vuodesta 1986. Yksilöllinen varainhoito, sijoitusrahastot ja sijoitusneuvonta.                             United Bankers’ fund UB Metsä sold land to Google in Vaala United Bankers’ special investment fund UB Metsä, which invests in Finnish forest estates, has sold a total of 327 hectares of land to the technology company Google. The transaction is part of a larger arrangement in which Google acquired a total of approximately 900 hectares of land from the municipality of Vaala for the construction of a potential data center. In late December 2025, United Bankers announced a project by its UB Renewable Energy (UB Uusiutuva Energia) fund, in which the fund stated it is developing energy parks in the Paatinkangas area of Vaala and the Metsä-Juntula area of Hyrynsalmi. These areas are planned for hybrid production encompassing wind power, solar power, and energy storage, which supports the operation of data centers and balances energy loads on the grid.

Structured products probably have the best margins, and they are pocketed immediately upon sale. You notice those margins at the latest when you record their value for the first time in the books and compare it to the acquisition cost… Edit: But a well-constructed investment loan basket can still be a good investment in terms of its risk-reward ratio.

Let’s share this from another thread, as it is UB’s own customer story after all: Finanssisektori sijoituskohteena - #926 käyttäjältä Sauli_Vilen For the sake of clarity, the share of those structured products in UB’s revenue is currently ~5%.

Sale has briskly finished the UB company report as well  The H2 report did not offer any major surprises. We remain positive about the company’s long-term outlook and expect brisk earnings growth from the company in the coming years. However, this year earnings will tread water, and at the current valuation, it is difficult to see upside for the stock without earnings growth. Consequently, we reiterate our target price of 18 euros and our reduce recommendation.                   Inderes              United Bankers H2'25: Yhtiö painaa kaasua kasvuinvestoinneissa  - Inderes    H2-raportti ei tarjoillut suurempia yllätyksiä. Tuloskasvuodotukset ovat siirtyneet vuodella eteenpäin kasvuinvestointien johdosta, mutta samalla pitkän aikavälin tuloskasvunäkymä on aiempaa parempi.

UB is simply cool; Sale interviews UB CEO John Ojanperä                    Inderes              United Bankers Q4’25: Hyvät numerot haastavassa markkinassa - Inderes    Aika: 12.02.2026 klo 17.02 United Bankers paketoi vahvan vuoden haastavassa markkinassa. Toimitusjohtaja John Ojanperä kommentoi analyytikko Sauli Vilénin haastattelussa.                             Topics: 00:00 Second half-year update  01:19 Year 2025  02:38 New sales  04:56 Private equity  09:05 Guidance  10:27 Alternatives  12:36 Open-ended real estate funds  14:11 Growth

Sale’s comments on UB buying Fourton  United Bankers announced on Wednesday that it is acquiring the entire share capital of the fund management company Fourton Oy. The acquisition is small for United Bankers’ scale, but it is a strategically logical step in expanding the company’s product offering and complements the current selection well.                   Inderes              United Bankers ostaa Fourtonin - Inderes    UB ostaa rahastotalo Fourtonin. Kauppa on UB:n mittakaavassa pieni, mutta se täydentää yhtiön tuotetarjontaa.

unitedbankers.fi              Varainhoidon ja sijoittamisen asiantuntija | United Bankers    Luotettavia sijoituspalveluita vuodesta 1986. Yksilöllinen varainhoito, sijoitusrahastot ja sijoitusneuvonta.                             United Bankers Plc (“United Bankers”, the “Company”) has today, by an agreement signed on 11 February 2026, agreed to acquire the entire share capital of the fund management company Fourton Ltd (“Fourton”). The transaction is intended to be carried out as a share exchange on 25 March 2026 at the earliest, and its final completion is subject to, among other things, the approval of the Financial Supervisory Authority, the share issue authorization granted by the Annual General Meeting of United Bankers, and the fulfillment of certain customary closing conditions. All of Fourton’s key personnel and other employees will continue in the service of the United Bankers Group after the transaction. Fourton is a Finnish fund management company founded in 2003, which has four actively managed equity funds. Fourton’s special expertise focuses particularly on Asian markets as well as small and medium-sized enterprises in Central and Southern Europe. According to Fourton’s preliminary financial statements for 2025, the company’s revenue was EUR 1.3 million and operating profit was EUR 0.4 million. The assets under management in the company’s funds totaled approximately EUR 150 million at the end of 2025. The fixed purchase price is determined based on certain financial figures and is estimated to be approximately EUR 4.2 million. The final amount of the fixed purchase price will be specified on the closing date of the transaction. Under certain conditions, the sellers are entitled to an additional purchase price, which will be paid three years after the closing of the transaction, and the maximum amount of which will be specified on the closing date. Upon completion, the arrangement will support United Bankers’ growth strategy through, among other things, the expansion of the fund selection and expertise, new customer relationships, and administrative synergies. Fourton has four investment funds: Fourton Fiesta Plus, Fourton Silkkitie Aasia, Fourton Komodo Indonesia, and Fourton ESG Dynasty. The arrangement is not expected to have a significant impact on United Bankers’ business operations or key figures.

United Bankers

We have raised our forecasts with the exit from the forest fund, and considering our updated forecasts, the valuation of the stock still seems attractive. The company is currently developing well and we still find the risk/reward ratio interesting.

<p>We have raised our forecasts with the exit from the forest fund, and considering our updated forecasts, the valuation of the stock still seems attractive. The company is currently developing well and we still find the risk/reward ratio interesting.</p> 

	2023	24e	25e
Revenue	52.1	55.3	60.3
growth-%	7.5 %	5.9 %	9.1 %
EBIT (adj.)	17.0	18.0	20.4
EBIT-% (adj.)	32.6 %	32.5 %	33.8 %
EPS (adj.)	1.23	1.23	1.40
Dividend	1.00	1.10	1.20
Dividend %	6.9 %	5.5 %	6.0 %
P/E (adj.)	11.7	16.4	14.4
EV/EBITDA	7.6	10.1	8.9

United Bankers: Whopping profits from selling a forest fund

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Key Estimate Figures17.02.2024

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