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Nordea Bank Abp

NDAFI.HE

Latest Trade

6.75EUR

Change

0.04(+0.57%)

Volume

562,942

Today's Range

6.72

 - 

6.78

52 Week Range

4.39

 - 

8.19

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
6.71
Open
6.76
Volume
562,942
3M AVG Volume
141.67
Today's High
6.78
Today's Low
6.72
52 Week High
8.19
52 Week Low
4.39
Shares Out (MIL)
4,038.60
Market Cap (MIL)
282,696.30
Forward P/E
--
Dividend (Yield %)
--

Next Event

Tryg A/S at Nordea Bank Abp Virtual Roadshow - London

Latest Developments

More

Nordea Bank Abp Confirms Ian Smith To Join Nordea As CFO In October 2020

Venue Retail Group Enters Into Banking Agreement With Nordea

Nordea To Follow The ECB Recommendation On Dividend For 2019

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About Nordea Bank Abp

Nordea Bank Abp is a Finland-based bank engaged in corporate merchant banking, as well as retail banking and private banking. The Bank reports four main business areas, namely Personal Banking, Commercial & Business Banking, Wholesale Banking and Asset & Wealth Management. Personal Banking provides services and solutions for the Bank's household customers in the Nordic markets. Commercial & Business Banking serves large, medium-sized and small corporate customers. Wholesale Banking provides banking and other financial solutions to large-sized Nordic and international corporate, institutional and public companies. Asset & Wealth Management provides investment, savings and risk management products, manages customers’ assets and advises individuals, as well as institutional investors on their financial situation.

Industry

Regional Banks

Contact Info

Hamnbanegatan 5

00020

Finland

+358.2.0070000

https://www.nordea.fi/

Executive Leadership

Torbjorn Magnusson

Chairman of the Board

Frank Vang-Jensen

President and Group Chief Executive Officer, Member of the Group Executive Management

Kari Jordan

Independent Vice Chairman of the Board

Mark Kandborg

Acting Group Chief Financial Officer

Matthew Elderfield

Chief Risk Officer, Head of Group Risk and Compliance, Member of the Group Executive Management

Key Stats

2.50 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

9.5K

2018

9.0K

2019

8.6K

2020(E)

8.3K
EPS (EUR)

2017

0.750

2018

0.760

2019

0.610

2020(E)

0.497
Price To Earnings (TTM)
24.77
Price To Sales (TTM)
2.90
Price To Book (MRQ)
0.86
Price To Cash Flow (TTM)
16.14
Total Debt To Equity (MRQ)
600.31
LT Debt To Equity (MRQ)
600.31
Return on Investment (TTM)
--
Return on Equity (TTM)
0.19

Latest News

Latest News

Handelsbanken net profit hit by restructuring costs

Sweden's Handelsbanken reported a fall in quarterly net earnings on Wednesday due to restructuring costs, though the bank's loan portfolio continued to weather the impact of the coronavirus pandemic with ease.

RPT-Societe Generale gears up for Lyxor asset management sale - sources

Societe Generale is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.

Societe Generale gears up for Lyxor asset management sale - sources

Societe Generale <SOGN.PA> is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.

Travel stocks slump in Europe as virus cases surge, banks drag

European equity markets closed lower on Friday, with travel, banking and auto shares leading declines as a resurgence in coronavirus cases across the continent rekindled fears about the pandemic's impact on a nascent economic recovery.

Sweden proposes new 'risk tax' for banks

Sweden's government on Thursday proposed a new "risk tax" for major banks to bolster public coffers should there ever be a repeat of the 2008 financial crisis.

The $425 billion payment holiday question hanging over Europe's banks

More than 360 billion euros ($425 billion) of loans at Europe's biggest banks have been subject to payment breaks or other coronavirus relief measures but the big question is whether borrowers will be able to resume payments when support ends.

Norway mortgage demand rises as rates fall, central bank survey shows

Demand for mortgages in Norway rose significantly in the second quarter, a sharp turnaround from earlier this year amid lower interest rates that drove an upturn in the housing market, a quarterly central bank survey showed on Thursday.

Sampo, RMI scoop up UK insurer Hastings in $2.2 billion cash deal

British motor insurer Hastings <HSTG.L> has agreed to be bought by Finland's Sampo <SAMPO.HE> and South Africa's Rand Merchant Investment (RMI) <RMIJ.J> in a cash deal valuing it at 1.66 billion pounds ($2.2 billion), the insurers said on Wednesday.

Finnish insurer Sampo's Q2 pretax profit drops 19%

Finnish financial group Sampo reported a 19% drop in second-quarter pretax profit on Wednesday but said it had reversed the March to April drop in the market value of its investment assets.

Breakingviews - Corona Capital: Newspapers, 747s

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

UPDATE 3-Nordea's quarterly profit below expectations as loan losses soar

* Nordea expects 2020 loan losses to be below 1 billion euros

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

UPDATE 1-Nordea buys Norway's Frende occupational pension portfolio

Nordic banking group Nordea said on Monday it has agreed to acquire the occupational and individual pension portfolios from Frende Livsforsikring AS for an undisclosed sum.

Nordea buys Norway's Frende occupational pension portfolio

Nordic banking group Nordea said on Monday it has agreed to acquire the occupational and individual pension portfolios from Frende Livsforsikring AS for an undisclosed sum.

Swedish Debt Office proposes changes to deposit guarantee fee for banks

Sweden's Debt Office will ask the government to change the way the fee banks pay for the state to guarantee depositors' cash is calculated so risk levels at financial firms can be reflected more accurately, it said on Monday.

Exclusive: European investors threaten Brazil divestment over deforestation

Seven major European investment firms told Reuters they will divest from beef producers, grains traders and even government bonds in Brazil if they do not see progress in resolving the surging destruction of the Amazon rainforest.

Nordea chairman says capital strength would motivate 0.4 euro/share dividend - DI newspaper

Nordea Bank would be able to pay a 0.4 euros per share dividend this autumn but will follow any instructions from the European Central Bank, the chairman of the Nordic region's biggest bank said in a newspaper interview.

Nordea CEO stresses strong capital position, robust liquidity

Nordea Bank is ready for "the storms" thanks to its strong capital position, Chief Executive Frank Vang-Jensen said in a video address to shareholders published late on Thursday.

Finland unemployment nearly doubles in April from year ago, ministry says

Finland's number of unemployed jobseekers nearly doubled in April to 433,100 from 229,700 a year earlier, the Ministry of Economic Affairs and Employment said on Wednesday.

UPDATE 2-Swedish banks may face large loan losses if pandemic drags on - c.bank

* Credit losses could reach 3% of lending if economy dives-c.bank

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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